XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.002%

Price spread now: Pacifica against Lighter RH−0.089%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$7as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$110.108% of the position

Long on Lighter RH Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$4 on $10k

Price spread, last 7 days+0.020%+$2 · spread now −0.089%, 7d avg −0.080%

Together, before fees+0.056%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAU	4,342.1	0.0032	pay 0.0004% / 1h	42m 28s	$20.0M	$39.2M	25x
Short	Pacifica XAU	4,338.2	0.0100	get 0.0013% / 1h	42m 28s	$1.4M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.089%Rate

Funding earned: $14.28
Price spread: −0.089% → −0.080%: −$0.94
Slippage, 4 orders: −$2.81
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $2.53
Costs to cover: 0.108%
Break-even: 5.8 days

Slippage from Lighter RH: live order book, 7 min ago; Pacifica: live order book, 2 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, 7 min ago	0.56 bp	0.9 bp −$1	1.8 bp −$18	13.8 bp −$1,375	doesn't fit
Sell Pacifica live order book, 2 min ago	0.12 bp	5.0 bp −$5	doesn't fit	doesn't fit	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
Bluefin GOLD-PERP	−0.0034%	1h	4,336.2	−0.134%	$25K	$14K	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,343.2	+0.026%	$267.7M	$413.3M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,346.5	+0.103%	$92K	$8.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,338.7	−0.078%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,340.4	−0.037%	$3.5M	$12.1M	25x	as long as short
Lighter RH XAUlong	+0.0032%	1h	4,342.1	long leg	$20.0M	$39.2M	25x
Extended XAU-USD	+0.0032%	1h	4,337.3	−0.109%	$13.3M	$37.9M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.193%	$619	$54	52x	as long as short
Lighter XAU	+0.0040%	1h	4,340.1	−0.044%	$20.8M	$34.5M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,343.7	+0.038%	$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	+0.0042%	1h	4,340.5	−0.036%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,374.1	+0.738%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,338.7	−0.077%	$293.5M	$49.3M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,337.7	−0.101%	$15.1M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,339.6	−0.057%	$4.3M	$37.5M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,339.7	−0.054%	$2.1M	$4.8M	25x	as long as short
Bybit XAUUSDT	+0.0056%	4h	4,342.2	+0.004%	$80.5M	$151.4M	150x	as long as short
Hotstuff GOLD-PERP	+0.0072%	1h	4,339.7	−0.054%	$33K	—	25x	as long as short
Aster XAUUSD1	+0.0076%	4h	4,342.7	+0.015%	$71.4M	$332.4M	20x	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,341.1	−0.021%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0087%	4h	4,342.7	+0.016%	$48.3M	$27.7M	—	as long as short
Pacifica XAUshort	+0.0100%	1h	4,338.2	−0.089%	$1.4M	$1.1M	10x
MEXC XAU_USDT	+0.0100%	4h	4,341.6	−0.011%	$369.5M	$318.9M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,339.5	−0.058%	$274K	$203K	50x	as long as short
Binance XAUUSDT	+0.0102%	4h	4,341.6	−0.010%	$417.0M	$2.09B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,341.9	−0.004%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0113%	4h	4,338.3	−0.086%	$30.2M	$58.3M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,338.8	−0.075%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0174%	4h	4,343.4	+0.031%	$1.4M	$2.9M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0211%	1h	4,341.1	−0.022%	$205K	$827K	25x	as long as short
Bullet GOLD-USD	+0.0213%	1h	4,341.6	−0.010%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0217%	1h	4,341.5	−0.013%	$4.3M	$2.0M	20x	as long as short
Bitget XAUUSDT	+0.0246%	4h	4,342.2	+0.003%	$71.1M	$109.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,339.7	−0.054%	$592K	$132K	25x	as long as short
Phemex XAUUSDT	+0.0296%	4h	4,343.9	+0.043%	$2.2M	$967K	100x	as long as short
OKX XAU-USDT-SWAP	+0.0318%	8h	4,342.5	+0.010%	$166.4M	$281.7M	100x	as long as short
BloFin XAU-USDT	+0.0361%	4h	4,343.1	+0.025%	$15.6M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,343.2	+0.027%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0542%	4h	4,346.8	+0.110%	$2.8M	$4.6M	75x	as long as short