Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.008%
Price spread now: ApeX Omni against Lighter−0.022%78s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.022%, 7d avg +0.001%
=Together, before fees−0.010%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.023% cheaper against Lighter than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.001%). If the spread goes back, that is −$2 on $10k: about 27 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.033% in total) that is about 4.8 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XAU | 4,344.2 | 0.0032 | pay 0.0004% / 1h | 11m 56s | $20.8M | $38.2M | 25x |
| Short | ApeX Omni XAUUSDT | 4,343.3 | 0.0100 | get 0.0013% / 1h | 11m 56s | $274K | $203K | 50x |
Lighter XAU
ApeX Omni XAUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- $14.28
- Price spread: −0.022% → +0.001%
- −$2.3
- Slippage, 4 orders
- −$22.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$20.05
- Costs to cover
- 0.320%
- Break-even
- 16.8 days
Slippage from Lighter: live order book, 7 min ago; ApeX Omni: live order book, 45 min ago.
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 Lighter live order book, 7 min ago | 0.60 bp | 0.6 bp −$1 | 1.6 bp −$16 | 6.7 bp −$670 | 17.0 bp −$8,525 |
| Sell ApeX Omni live order book, 45 min ago | 4.01 bp | 13.7 bp −$14 | 28.3 bp −$283 | 37.6 bp −$3,757 | doesn't fit |
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 | 4,345.6 | +0.031% | $3.4M | $12.3M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,347.3 | +0.070% | $265.8M | $417.2M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,350.7 | +0.148% | $92K | $8.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,341.8 | −0.057% | $272K | — | 250x | as long as short |
| Lighter XAUlong | +0.0032% | 1h | 4,344.2 | long leg | $20.8M | $38.2M | 25x | |
| Extended XAU-USD | +0.0032% | 1h | 4,341.4 | −0.065% | $13.2M | $38.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.142% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,346.8 | +0.058% | $20.1M | $39.4M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,348.1 | +0.089% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,345.4 | +0.027% | $5.7M | $2.0M | 20x | as long as short |
RISEx XAU/USDC
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,378.6 | +0.791% | — | $1.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.7 | −0.012% | $2.0M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0048% | 24h | 4,344.6 | +0.009% | $4.2M | $37.4M | 15x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,343 | −0.028% | $293.8M | $49.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,341.9 | −0.054% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,346.4 | +0.049% | $71.2M | $333.2M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0064% | 1h | 4,344 | −0.005% | $33K | — | 25x | as long as short |
| Variational Omni XAU | +0.0075% | 4h | 4,349.4 | +0.120% | $48.4M | $28.0M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,345.7 | +0.035% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0086% | 4h | 4,346.5 | +0.051% | $1.4M | $2.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0088% | 4h | 4,345.8 | +0.036% | $371.9M | $319.5M | 1000x | as long as short |
| Binance XAUUSDT | +0.0089% | 4h | 4,345.8 | +0.036% | $413.3M | $2.10B | 100x | as long as short |
| edgeX XAUUSDC | +0.0099% | 4h | 4,343.2 | −0.024% | $30.2M | $58.3M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,343.4 | −0.019% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDTshort | +0.0100% | 1h | 4,343.3 | −0.022% | $274K | $203K | 50x | |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,340.7 | −0.082% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,344.8 | +0.012% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,344.7 | +0.011% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0161% | 1h | 4,345.6 | +0.032% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0185% | 1h | 4,345.9 | +0.038% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,343.2 | −0.024% | $592K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0231% | 4h | 4,349.3 | +0.117% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDT | +0.0232% | 4h | 4,346.3 | +0.047% | $70.1M | $109.2M | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,347 | +0.063% | $85.1M | $145.4M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0257% | 1h | 4,344 | −0.005% | $206K | $824K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0297% | 8h | 4,347.1 | +0.066% | $165.3M | $281.9M | 100x | as long as short |
| BloFin XAU-USDT | +0.0329% | 4h | 4,346.8 | +0.059% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0418% / S −0.0239% | 1h | 4,346 | +0.040% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0619% | 4h | 4,351.3 | +0.163% | $2.8M | $4.6M | 75x | as long as short |
Vest GC-PERP
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Hotstuff GOLD-PERP
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Pacifica XAU
Bluefin GOLD-PERP
Aevo XAU-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Bitget XAUUSDT
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT