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: Lighter against Ondo Perps+0.031%7-day average +0.086% · you sell dearer than you buy
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+0.265%+$26 · spread now +0.031%, 7d avg +0.086%
=Together, before fees+0.340%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$34 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: Lighter is 0.055% cheaper against Ondo Perps than usual: you would sell low and buy high, −$6 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 | Ondo Perps XAU-USD.P | 4,343.8 | 0.0050 | pay 0.0006% / 1h | 48m 50s | $15.1M | $57.8M | 25x |
| Short | Lighter XAU | 4,345.2 | 0.0048 | get 0.0006% / 1h | 48m 50s | $20.6M | $41.9M | 25x |
Ondo Perps XAU-USD.P
Lighter XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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: +0.031% → +0.086%
- −$5.53
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.03
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 10 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 10 min ago | 0.61 bp | 0.7 bp −$1 | 2.0 bp −$20 | 9.4 bp −$935 | 22.4 bp −$11.2K |
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 | −0.0050% | 1h | 4,342.1 | −0.040% | $25K | $14K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0032% | 1h | 4,344.6 | +0.018% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,348.5 | +0.108% | $264.3M | $406.3M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.5 | +0.177% | $92K | $9.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,342.5 | −0.029% | $269K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,347.5 | +0.086% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,342.3 | −0.034% | $13.6M | $40.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.152% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0037% | 24h | 4,345.3 | +0.035% | $4.1M | $36.2M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,349.3 | +0.127% | $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 | 4,380.2 | +0.838% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,346.7 | +0.067% | $5.6M | $1.9M | 20x | as long as short |
| Lighter XAUshort | +0.0048% | 1h | 4,345.2 | +0.031% | $20.6M | $41.9M | 25x | |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,346.7 | +0.067% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.7 | +0.021% | $293.2M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.Plong | +0.0050% | 1h | 4,343.8 | long leg | $15.1M | $57.8M | 25x | |
| Aster XAUUSD1 | +0.0056% | 4h | 4,347.9 | +0.094% | $70.0M | $330.9M | 20x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,347.7 | +0.090% | $20.1M | $39.3M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,347.2 | +0.079% | $19K | $5K | 5x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344.2 | +0.009% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,350.6 | +0.157% | $275K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,347.9 | +0.094% | $48.3M | $27.9M | — | as long as short |
| Binance XAUUSDT | +0.0108% | 4h | 4,347 | +0.074% | $410.0M | $2.10B | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0109% | 1h | 4,345.9 | +0.048% | $4.3M | $1.9M | 20x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,346.9 | +0.070% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,346.8 | +0.069% | $371.0M | $316.4M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0118% | 4h | 4,349.4 | +0.130% | $1.4M | $3.0M | 25x | as long as short |
| edgeX XAUUSDC | +0.0136% | 4h | 4,348.4 | +0.106% | $30.3M | $58.7M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,347.8 | +0.092% | $47K | $77K | 25x | as long as short |
| Bullet GOLD-USD | +0.0201% | 1h | 4,347 | +0.073% | $58K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0202% | 4h | 4,348.1 | +0.099% | $84.3M | $145.2M | 150x | as long as short |
| Bitget XAUUSDT | +0.0210% | 4h | 4,346.8 | +0.069% | $69.6M | $109.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,347.8 | +0.092% | $164.4M | $282.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,344 | +0.004% | $593K | $133K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0280% | 1h | 4,345.1 | +0.030% | $259K | $703K | 25x | as long as short |
| Phemex XAUUSDT | +0.0353% | 4h | 4,349.8 | +0.138% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0399% / S −0.0208% | 1h | 4,347 | +0.073% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0593% | 4h | 4,353.1 | +0.214% | $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
Binance XAUUSDT
Polymarket Perps GOLD-USD
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