Funding you earn now, next payment 03:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Ondo Perps against Lighter−0.054%7-day average −0.086% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days−0.242%−$24 · spread now −0.054%, 7d avg −0.086%
=Together, before fees−0.317%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$32 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: Ondo Perps is 0.033% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XAU | 4,346.1 | 0.0048 | pay 0.0006% / 1h | 49m 34s | $20.6M | $41.9M | 25x |
| Short | Ondo Perps XAU-USD.P | 4,343.8 | 0.0050 | get 0.0006% / 1h | 49m 34s | $15.1M | $57.8M | 25x |
Lighter XAU
Ondo Perps XAU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $0.5
- Price spread: −0.054% → −0.086%
- $3.25
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$1.24
- Costs to cover
- 0.050%
- Break-even
- 24.3 days
Slippage unknown: Lighter: live order book, 9 min ago; Ondo Perps: no order-book sample. 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 Lighter live order book, 9 min ago | 0.61 bp | 0.8 bp −$1 | 1.8 bp −$18 | 8.3 bp −$833 | 19.0 bp −$9,517 |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0084% | 1h | 4,342.4 | −0.086% | $25K | $14K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0032% | 1h | 4,344.6 | −0.035% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,349.3 | +0.072% | $264.0M | $406.0M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,352.7 | +0.151% | $92K | $9.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343.7 | −0.056% | $269K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,347.5 | +0.032% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.2 | −0.067% | $13.6M | $40.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.098% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0037% | 24h | 4,346.2 | +0.001% | $4.1M | $36.2M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,349.3 | +0.073% | $3.8M | $4.6M | 40x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,381.8 | +0.820% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,346.7 | +0.013% | $5.6M | $1.9M | 20x | as long as short |
| Lighter XAUlong | +0.0048% | 1h | 4,346.1 | long leg | $20.6M | $41.9M | 25x | |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,346.7 | +0.013% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,345 | −0.026% | $293.2M | $48.6M | 25x | as long as short |
| Ondo Perps XAU-USD.Pshort | +0.0050% | 1h | 4,343.8 | −0.054% | $15.1M | $57.8M | 25x | |
| Aster XAUUSD1 | +0.0056% | 4h | 4,347.8 | +0.038% | $70.0M | $330.0M | 20x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,348.8 | +0.062% | $20.1M | $39.3M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,347.2 | +0.025% | $19K | $5K | 5x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344.2 | −0.045% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,350.6 | +0.103% | $275K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,347.9 | +0.040% | $48.3M | $27.9M | — | as long as short |
| Polymarket Perps GOLD-USD | +0.0107% | 1h | 4,347.5 | +0.031% | $4.3M | $1.9M | 20x | as long as short |
| Binance XAUUSDT | +0.0108% | 4h | 4,347 | +0.019% | $410.0M | $2.10B | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,347.8 | +0.039% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,347.4 | +0.028% | $371.0M | $316.1M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0118% | 4h | 4,349.4 | +0.076% | $1.4M | $3.0M | 25x | as long as short |
| edgeX XAUUSDC | +0.0136% | 4h | 4,348.4 | +0.052% | $30.3M | $58.7M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,352 | +0.135% | $47K | $77K | 25x | as long as short |
| Bullet GOLD-USD | +0.0196% | 1h | 4,348.5 | +0.054% | $58K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0202% | 4h | 4,348.5 | +0.055% | $84.0M | $145.0M | 150x | as long as short |
| Bitget XAUUSDT | +0.0210% | 4h | 4,347.5 | +0.030% | $69.7M | $109.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,348.5 | +0.054% | $164.4M | $282.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,345.3 | −0.019% | $593K | $133K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0279% | 1h | 4,346 | −0.003% | $259K | $703K | 25x | as long as short |
| Phemex XAUUSDT | +0.0343% | 4h | 4,350.5 | +0.101% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0398% / S −0.0207% | 1h | 4,348.5 | +0.054% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0600% | 4h | 4,353.8 | +0.177% | $2.8M | $4.2M | 75x | as long as short |
Vest GC-PERP
QFEX GOLD-USD
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Aster XAUUSD1
Lighter RH XAU
Paradex XAU-USD-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
Polymarket Perps GOLD-USD
Binance XAUUSDT
Aevo XAU-PERP
MEXC XAU_USDT
GRVT XAU_USDT_Perp
edgeX XAUUSDC
Phoenix GOLD
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT