XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h +0.012%

Price spread now: Bullet against Lighter RH−0.037%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Bullet is 0.037% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 20 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAU	4,348.6	0.0040	pay 0.0005% / 1h	9m 50s	$20.1M	$39.4M	25x
Short	Bullet GOLD-USD	4,347	0.0187	get 0.0023% / 1h	9m 50s	$59K	$82K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee BulletbpOrdersPrice spread, now −0.037%Rate

Funding earned: $30.84
Price spread: −0.037% → 0.000%: −$3.66
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bullet: 4 bp × 2 orders: −$8
Net: $19.19
Costs to cover: 0.080%
Break-even: 2.6 days

Slippage unknown: Lighter RH: live order book, 4 min ago; Bullet: 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 RH live order book, 4 min ago	0.70 bp	0.8 bp −$1	1.3 bp −$13	14.7 bp −$1,471	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	4,346.4	−0.051%	$3.4M	$12.3M	25x	as long as short
Hotstuff GOLD-PERP	0.0000%	1h	4,342.7	−0.135%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,349.5	+0.021%	$266.5M	$417.5M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,351.3	+0.062%	$92K	$8.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.1	−0.125%	$272K	—	250x	as long as short
Lighter XAU	+0.0032%	1h	4,346.1	−0.058%	$20.8M	$38.2M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.6	−0.114%	$13.2M	$38.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.042%	$619	$54	52x	as long as short
Lighter RH XAUlong	+0.0040%	1h	4,348.6	long leg	$20.1M	$39.4M	25x
StandX XAU-USD	+0.0040%	1h	4,347.4	−0.027%	$3.8M	$4.5M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0041%	1h	4,346.1	−0.057%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,379.5	+0.711%	—	$1.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,343.7	−0.112%	$2.0M	$4.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0049%	24h	4,345.3	−0.075%	$4.2M	$37.4M	15x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.8	−0.087%	$293.9M	$49.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,343.1	−0.125%	$15.1M	$56.8M	25x	as long as short
Aster XAUUSD1	+0.0061%	4h	4,349	+0.009%	$71.4M	$333.1M	20x	as long as short
Variational Omni XAU	+0.0076%	4h	4,345.3	−0.076%	$48.4M	$28.2M	—	as long as short
Paradex XAU-USD-PERP	+0.0080%	8h	4,346.3	−0.051%	$19K	$5K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0086%	4h	4,346.5	−0.049%	$1.4M	$2.9M	25x	as long as short
MEXC XAU_USDT	+0.0088%	4h	4,347.8	−0.018%	$372.8M	$320.5M	1000x	as long as short
Binance XAUUSDT	+0.0089%	4h	4,347.9	−0.016%	$413.9M	$2.10B	100x	as long as short
edgeX XAUUSDC	+0.0099%	4h	4,343.2	−0.124%	$30.2M	$58.3M	50x	as long as short
Pacifica XAU	+0.0100%	1h	4,343	−0.128%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343.3	−0.122%	$274K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,340.4	−0.189%	$25K	$14K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,346.3	−0.052%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0142%	1h	4,344.7	−0.089%	$47K	$77K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0164%	1h	4,346.9	−0.039%	$4.3M	$2.0M	20x	as long as short
Bullet GOLD-USDshort	+0.0187%	1h	4,347	−0.037%	$59K	$82K	10x
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,344	−0.105%	$592K	$132K	25x	as long as short
Phemex XAUUSDT	+0.0232%	4h	4,349.4	+0.019%	$2.2M	$967K	100x	as long as short
Bitget XAUUSDT	+0.0232%	4h	4,348.4	−0.005%	$70.1M	$109.2M	100x	as long as short
Bybit XAUUSDT	+0.0240%	4h	4,349.2	+0.015%	$85.1M	$145.4M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0256%	1h	4,345.7	−0.066%	$206K	$825K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0298%	8h	4,349	+0.010%	$165.3M	$282.1M	100x	as long as short
BloFin XAU-USDT	+0.0329%	4h	4,346.1	−0.057%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0418% / S −0.0239%	1h	4,347.3	−0.030%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0619%	4h	4,351.3	+0.062%	$2.8M	$4.6M	75x	as long as short