Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.033%
Price spread now: Bitget against Lighter RH−0.001%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$140.137% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.001%, 7d avg +0.023%
=Together, before fees+0.169%+ Points / potential airdropLighter RH: Points live · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.024% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.023%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.129% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAU | 4,346.6 | 0.0040 | pay 0.0005% / 1h | 35m 35s | $20.1M | $39.2M | 25x |
| Short | Bitget XAUUSDT | 4,346.6 | 0.0232 | get 0.0116% / 4h | 35m 35s | $70.0M | $109.2M | 100x |
Lighter RH XAU
Bitget XAUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter RH. 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
- $40.32
- Price spread: −0.001% → +0.023%
- −$2.42
- Slippage, 4 orders
- −$1.67
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $24.23
- Costs to cover
- 0.137%
- Break-even
- 2.8 days
Slippage from Lighter RH: live order book, 3 min ago; Bitget: live order book, 4 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 RH live order book, 3 min ago | 0.40 bp | 0.4 bp $0 | 1.2 bp −$12 | 13.4 bp −$1,344 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.01 bp | 6.0 bp −$6 | 7.5 bp −$75 | 12.3 bp −$1,232 | 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 | 4,346.2 | −0.010% | $3.4M | $12.3M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.4 | +0.109% | $92K | $9.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343.4 | −0.073% | $271K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0008% | 4h | 4,346.8 | +0.005% | $267.7M | $411.7M | 100x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,344.5 | −0.049% | $20.8M | $37.8M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,342.1 | −0.104% | $13.3M | $38.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.088% | $619 | $54 | 52x | as long as short |
| Lighter RH XAUlong | +0.0040% | 1h | 4,346.6 | long leg | $20.1M | $39.2M | 25x | |
| StandX XAU-USD | +0.0040% | 1h | 4,347.7 | +0.025% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,345.8 | −0.018% | $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 | 4,346 | −0.014% | $4.1M | $37.2M | 15x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,379.5 | +0.757% | — | $1.1M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,344.3 | −0.053% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,343 | −0.083% | $293.7M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,342.4 | −0.096% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0065% | 4h | 4,346.4 | −0.006% | $70.9M | $333.7M | 20x | as long as short |
| Variational Omni XAU | +0.0080% | 4h | 4,346.7 | +0.002% | $48.5M | $27.8M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,345.5 | −0.025% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0088% | 4h | 4,348.2 | +0.037% | $1.4M | $3.0M | 25x | as long as short |
| Binance XAUUSDT | +0.0094% | 4h | 4,346.2 | −0.010% | $414.1M | $2.09B | 100x | as long as short |
| MEXC XAU_USDT | +0.0094% | 4h | 4,346 | −0.014% | $372.6M | $317.6M | 1000x | as long as short |
| edgeX XAUUSDC | +0.0095% | 4h | 4,343.4 | −0.074% | $30.2M | $58.3M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,342.6 | −0.092% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,346.8 | +0.005% | $275K | $203K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,347 | +0.010% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,347.3 | +0.016% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0152% | 1h | 4,345.8 | −0.018% | $4.3M | $1.9M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0160% | 1h | 4,343.7 | −0.067% | $33K | — | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,344.2 | −0.055% | $592K | $132K | 25x | as long as short |
| Bullet GOLD-USD | +0.0203% | 1h | 4,347.5 | +0.022% | $59K | $82K | 10x | as long as short |
| Phemex XAUUSDT | +0.0205% | 4h | 4,349.7 | +0.072% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDTshort | +0.0232% | 4h | 4,346.6 | −0.001% | $70.0M | $109.2M | 100x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0233% | 1h | 4,345.9 | −0.016% | $243K | $789K | 25x | as long as short |
| Bybit XAUUSDT | +0.0238% | 4h | 4,347.5 | +0.020% | $85.0M | $144.9M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0284% | 8h | 4,347.3 | +0.016% | $165.5M | $281.7M | 100x | as long as short |
| Bluefin GOLD-PERP | +0.0336% | 1h | 4,341 | −0.128% | $25K | $14K | 20x | as long as short |
| BloFin XAU-USDT | +0.0347% | 4h | 4,348 | +0.032% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0413% / S −0.0230% | 1h | 4,347.5 | +0.020% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0628% | 4h | 4,352.7 | +0.140% | $2.9M | $4.3M | 75x | as long as short |
Kalshi KXGOLDPERP
Vest GC-PERP
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
Binance XAUUSDT
MEXC XAU_USDT
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Hotstuff GOLD-PERP
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
Phemex XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Bluefin GOLD-PERP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT