XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%

Price spread now: Phoenix against Lighter RH−0.152%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 Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

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. Phoenix is 0.152% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.152% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 6.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAU	4,361.7	0.0048	pay 0.0006% / 1h	34m 24s	$20.1M	$40.8M	25x
Short	Phoenix GOLD	4,355.1	0.0121	get 0.0015% / 1h	34m 24s	$48K	$64K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.152%Rate

Funding earned: $15.35
Price spread: −0.152% → 0.000%: −$15.22
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$6.87
Costs to cover: 0.070%
Break-even: 10.1 days

Slippage unknown: Lighter RH: live order book, 5 min ago; Phoenix: 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, 5 min ago	1.09 bp	1.1 bp −$1	1.8 bp −$18	16.3 bp −$1,633	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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
Hotstuff GOLD-PERP	0.0000%	1h	4,357	−0.109%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,362.4	+0.014%	$263.1M	$409.0M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,357.4	−0.100%	$4.1M	$36.3M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,363.9	+0.050%	$93K	$9.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,357.8	−0.091%	$270K	—	250x	as long as short
Aster XAUUSD1	+0.0004%	4h	4,360.8	−0.021%	$70.2M	$293.2M	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,357.4	−0.099%	$13.6M	$42.9M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.260%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,360.5	−0.028%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,394.1	+0.742%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAU	+0.0048%	1h	4,358.3	−0.080%	$20.7M	$43.5M	25x	as long as short
Lighter RH XAUlong	+0.0048%	1h	4,361.7	long leg	$20.1M	$40.8M	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,357.3	−0.102%	$294.2M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,356	−0.132%	$14.9M	$57.9M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,358.1	−0.083%	$5.6M	$1.9M	20x	as long as short
Polymarket Perps GOLD-USD	+0.0059%	1h	4,359.6	−0.049%	$4.3M	$1.9M	20x	as long as short
Variational Omni XAU	+0.0069%	4h	4,356.5	−0.120%	$48.3M	$28.4M	—	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,354.9	−0.157%	$2.0M	$5.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0082%	8h	4,359.2	−0.059%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0084%	4h	4,350.2	−0.265%	$30.3M	$60.6M	50x	as long as short
MEXC XAU_USDT	+0.0086%	4h	4,360.4	−0.031%	$374.2M	$322.4M	1000x	as long as short
Binance XAUUSDT	+0.0088%	4h	4,361	−0.017%	$409.9M	$2.10B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,356	−0.132%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,352.6	−0.210%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,353.7	−0.184%	$26K	$14K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,360.1	−0.039%	$161K	$87	10x	as long as short
Phoenix GOLDshort	+0.0121%	1h	4,355.1	−0.152%	$48K	$64K	25x
RISEx XAU/USDC	+0.0135%	1h	4,359.3	−0.056%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0136%	4h	4,357.5	−0.098%	$1.4M	$2.9M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0140%	1h	4,360	−0.040%	$235K	$662K	25x	as long as short
Bullet GOLD-USD	+0.0155%	1h	4,360.5	−0.028%	$59K	$83K	10x	as long as short
Bitget XAUUSDT	+0.0156%	4h	4,362	+0.006%	$69.4M	$109.8M	100x	as long as short
Bybit XAUUSDT	+0.0181%	4h	4,362.7	+0.021%	$84.2M	$143.8M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0227%	8h	4,362.7	+0.022%	$165.1M	$284.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,358	−0.086%	$594K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.070%	$15.5M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0349%	4h	4,361.3	−0.011%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,361	−0.017%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.0518%	4h	4,365	+0.074%	$2.9M	$3.9M	75x	as long as short