Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter RH against Vest−0.735%7-day average −0.842% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.020%+$2 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now −0.735%, 7d avg −0.842%
=Together, before fees−0.124%+ Points / potential airdropVest: Active · Lighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.107% dearer against Vest than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.842%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,380.8 | 0.0046 | pay 0.0006% / 1h | 33m 23s | — | $1.1M | 25x |
| Short | Lighter RH XAU | 4,348.6 | 0.0040 | get 0.0005% / 1h | 33m 23s | $20.1M | $39.2M | 25x |
Vest GC-PERP
Lighter RH XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.19
- Price spread: −0.735% → −0.842%
- $10.72
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $7.52
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 6 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 6 min ago | 0.40 bp | 0.6 bp −$1 | 1.1 bp −$11 | 3.9 bp −$394 | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAU on 39 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,347.6 | −0.759% | $3.4M | $12.3M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.3 | −0.674% | $92K | $9.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343.8 | −0.846% | $271K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0006% | 4h | 4,348.7 | −0.732% | $267.8M | $412.2M | 100x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,346.4 | −0.785% | $20.8M | $37.8M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.8 | −0.844% | $13.3M | $38.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.693% | $619 | $54 | 52x | as long as short |
| Lighter RH XAUshort | +0.0040% | 1h | 4,348.6 | −0.735% | $20.1M | $39.2M | 25x | |
| StandX XAU-USD | +0.0040% | 1h | 4,347.3 | −0.765% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,347.4 | −0.762% | $5.7M | $2.0M | 20x | as long as short |
RISEx XAU/USDC
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Gate XAU_USDT
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | +0.0045% | 24h | 4,345.7 | −0.801% | $4.2M | $37.2M | 15x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,380.8 | long leg | — | $1.1M | 25x | |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.1 | −0.861% | $2.0M | $4.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.4 | −0.831% | $293.7M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,344.4 | −0.831% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0064% | 4h | 4,348.4 | −0.741% | $71.0M | $333.7M | 20x | as long as short |
| Variational Omni XAU | +0.0080% | 4h | 4,346.7 | −0.779% | $48.5M | $27.8M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,347.8 | −0.753% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0086% | 4h | 4,346.6 | −0.780% | $1.4M | $2.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0092% | 4h | 4,347.9 | −0.752% | $373.2M | $317.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0093% | 4h | 4,347.8 | −0.752% | $414.0M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,343.8 | −0.845% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,343.5 | −0.852% | $274K | $203K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,347 | −0.771% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0110% | 4h | 4,341.5 | −0.898% | $30.2M | $58.3M | 50x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,347.3 | −0.765% | $47K | $77K | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0144% | 1h | 4,344.4 | −0.831% | $33K | — | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0151% | 1h | 4,347.2 | −0.767% | $4.3M | $1.9M | 20x | as long as short |
| Bluefin GOLD-PERP | +0.0171% | 1h | 4,340.5 | −0.921% | $25K | $14K | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,344 | −0.840% | $592K | $132K | 25x | as long as short |
| Bullet GOLD-USD | +0.0199% | 1h | 4,347.8 | −0.752% | $59K | $82K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0210% | 1h | 4,345.4 | −0.808% | $243K | $789K | 25x | as long as short |
| Phemex XAUUSDT | +0.0217% | 4h | 4,349.8 | −0.707% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDT | +0.0234% | 4h | 4,348.1 | −0.748% | $70.0M | $109.2M | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,348.9 | −0.729% | $85.0M | $144.8M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0286% | 8h | 4,348.9 | −0.728% | $165.6M | $281.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0344% | 4h | 4,346.1 | −0.791% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0413% / S −0.0231% | 1h | 4,347.8 | −0.752% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0625% | 4h | 4,351.6 | −0.667% | $2.9M | $4.3M | 75x | as long as short |
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Phoenix GOLD
Hotstuff GOLD-PERP
Polymarket Perps GOLD-USD
Bluefin GOLD-PERP
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT