XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%

Price spread now: Lighter RH against Ondo Perps+0.132%7-day average +0.113% · you sell dearer than you buy

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

Long on Ondo Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days−0.126%−$13 · spread now +0.132%, 7d avg +0.113%

Together, before fees−0.115%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.113%, 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	Ondo Perps XAU-USD.P	4,309.2	0.0050	pay 0.0006% / 1h	19m 35s	$15.0M	$56.0M	25x
Short	Lighter RH XAU	4,314.9	0.0104	get 0.0013% / 1h	19m 35s	$19.8M	$40.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 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 Ondo PerpsbpFee Lighter RHbpOrdersPrice spread, now +0.132%Rate

Funding earned: $11.26
Price spread: +0.132% → +0.113%: $1.89
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $8.15
Costs to cover: 0.050%
Break-even: 1.9 days

Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 4 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 RH live order book, 4 min ago	0.41 bp	0.4 bp $0	1.0 bp −$10	4.7 bp −$468	doesn't fit

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 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
SunX XAU-USDT	0.0000%	4h	4,315.6	+0.149%	$92K	$6.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,307.7	−0.035%	$273K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.957%	$619	$54	52x	as long as short
Vest GC-PERP	+0.0046%	1h	4,343.5	+0.796%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,311.1	+0.044%	$6.6M	$3.1M	20x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,310.7	+0.035%	$291.2M	$54.5M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,310.3	+0.026%	$4.3M	$1.8M	20x	as long as short
Ondo Perps XAU-USD.Plong	+0.0050%	1h	4,309.2	long leg	$15.0M	$56.0M	25x
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,306.7	−0.058%	$2.0M	$5.1M	25x	as long as short
Paradex XAU-USD-PERP	+0.0062%	8h	4,312.4	+0.074%	$2K	$13K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAUUSD1	+0.0071%	4h	4,315.1	+0.137%	$73.9M	$271.5M	20x	as long as short
Lighter XAU	+0.0080%	1h	4,313.7	+0.104%	$20.3M	$29.6M	25x	as long as short
Hotstuff GOLD-PERP	+0.0080%	1h	4,308	−0.028%	$32K	—	25x	as long as short
Extended XAU-USD	+0.0088%	1h	4,309.6	+0.010%	$13.0M	$35.8M	25x	as long as short
StandX XAU-USD	+0.0093%	1h	4,311.3	+0.049%	$3.8M	$4.5M	40x	as long as short
Phoenix GOLD	+0.0095%	1h	4,301.6	−0.176%	$42K	$86K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,310.7	+0.035%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,308.7	−0.012%	$277K	$223K	50x	as long as short
Lighter RH XAUshort	+0.0104%	1h	4,314.9	+0.132%	$19.8M	$40.6M	25x
Aevo XAU-PERP	+0.0112%	1h	4,310.3	+0.026%	$160K	$87	10x	as long as short
Kalshi KXGOLDPERP	+0.0114%	24h	4,313.8	+0.107%	$3.6M	$47.1M	15x	as long as short
Variational Omni XAU	+0.0115%	4h	4,311.4	+0.052%	$46.9M	$29.9M	—	as long as short
RISEx XAU/USDC	+0.0126%	1h	4,313.4	+0.098%	$4.5M	$13.4M	25x	as long as short
MEXC XAU_USDT	+0.0128%	4h	4,313.1	+0.090%	$356.0M	$348.6M	1000x	as long as short
Binance XAUUSDT	+0.0129%	4h	4,313.3	+0.095%	$437.5M	$2.26B	100x	as long as short
edgeX XAUUSDC	+0.0137%	4h	4,306.9	−0.053%	$30.0M	$62.7M	50x	as long as short
Bybit XAUUSDT	+0.0145%	4h	4,315.1	+0.137%	$79.8M	$161.4M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0168%	1h	4,310.9	+0.040%	$133K	$832K	25x	as long as short
Gate XAU_USDT	+0.0178%	4h	4,314.8	+0.130%	$301.8M	$436.9M	100x	as long as short
Bullet GOLD-USD	+0.0197%	1h	4,311.9	+0.063%	$58K	$77K	10x	as long as short
Bitget XAUUSDT	+0.0202%	4h	4,313.1	+0.091%	$70.4M	$127.9M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0250%	4h	4,312.3	+0.072%	$1.4M	$3.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0251%	8h	4,315.2	+0.139%	$170.7M	$341.7M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0328%	1h	4,309.2	+0.001%	$573K	$139K	25x	as long as short
BloFin XAU-USDT	+0.0394%	4h	4,311.7	+0.059%	$16.4M	$5.2M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0313%	1h	4,311.5	+0.053%	$254K	—	111x	as long as short
Phemex XAUUSDT	+0.0473%	4h	4,312.9	+0.086%	$2.2M	$959K	100x	as long as short
HTX XAU-USDT	+0.1204%	4h	4,317.3	+0.188%	$3.2M	$6.9M	75x	as long as short
Bluefin GOLD-PERP	+0.2382%	1h	4,305.5	−0.086%	$25K	$1K	20x	as long as short