Spread before costs (cost unknown: a leg has no order-book sample)−0.793%
7d average−0.928%if it closes, per $10,000$79funding while held, a day+$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,383.3 | 0.0046 | pay 0.0006% / 1h | 10m 49s | — | $953K | 25x |
| Short | Lighter XAU | 4,348.5 | 0.0096 | get 0.0012% / 1h | 10m 49s | $20.7M | $44.9M | 25x |
Vest GC-PERP
Lighter XAUPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$79.3
- Funding while held
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$79.79
- Spread needed to break even
- 0.020%
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.51
- Average in range /8h
- —
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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 0.52 bp | 1.1 bp −$1 | 2.1 bp −$21 | 8.5 bp −$851 | 20.1 bp −$10.0K |
Vest: 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 price on every exchange
against the cheapest. Click to use as the short leg.edgeX4,344.3cheapestKalshi4,345.1+0.019%Ondo Perps4,345.2+0.022%Extended4,345.3+0.023%ApeX Omni4,345.4+0.025%Hotstuff4,345.5+0.028%Coinbase International4,345.7+0.033%gTrade (Gains Network)4,345.9+0.038%Phoenix4,346.1+0.042%Pacifica4,346.3+0.047%tradeXYZ4,346.5+0.051%RISEx4,346.9+0.061%Kraken Futures4,347.8+0.080%Bitget4,348.3+0.092%Polymarket Perps4,348.4+0.095%Deribit4,348.4+0.095%
Ondo Perps
Extended
ApeX Omni
Hotstuff
Coinbase International
gTrade (Gains Network)
Phoenix
Pacifica
tradeXYZ
RISEx
Kraken Futures
Bitget
Polymarket Perps
DeribitLighter4,348.5+0.098%
StandX4,348.6+0.099%MEXC4,348.7+0.101%Binance4,348.7+0.102%QFEX4,348.9+0.106%Aevo4,348.9+0.107%Paradex4,349.1+0.110%Variational Omni4,349.1+0.112%Bullet4,349.3+0.116%BloFin4,349.3+0.116%Bybit4,349.4+0.117%Aster4,349.5+0.121%GMX4,349.5+0.121%Gate4,349.7+0.124%OKX4,349.7+0.125%Injective4,350.4+0.141%HTX4,350.8+0.150%Phemex4,351.1+0.156%Lighter RH4,351.5+0.165%SunX4,352.8+0.197%
StandX
MEXC
Binance
QFEX
Aevo
Paradex
Variational Omni
Bullet
BloFin
Bybit
Aster
GMX
Gate
OKX
Injective
HTX
Phemex
Lighter RH
SunXVest4,383.3+0.898%
Bluefin4,389.2+1.035%
BluefinXAU on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX XAUUSDC | −0.890% | +0.0147% | 4h | $30.2M | $56.2M | 50x | as long as short |
| Kalshi KXGOLDPERP | −0.871% | +0.0067% | 24h | $4.2M | $30.3M | 15x | as long as short |
| Ondo Perps XAU-USD.P | −0.869% | +0.0050% | 1h | $14.8M | $46.4M | 25x | as long as short |
| Extended XAU-USD | −0.867% | +0.0136% | 1h | $13.3M | $52.2M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.866% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Hotstuff GOLD-PERP | −0.862% | −0.0040% | 1h | $33K | — | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.858% | +0.0064% | 1h | $1.9M | $5.1M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.853% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Phoenix GOLD | −0.849% | +0.0061% | 1h | $43K | $55K | 25x | as long as short |
| Pacifica XAU | −0.844% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | −0.840% | +0.0050% | 1h | $294.4M | $60.3M | 25x | as long as short |
| RISEx XAU/USDC | −0.830% | 0.0000% | 1h | $3.9M | $12.9M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.811% | +0.0185% | 1h | $588K | $110K | 25x | as long as short |
| Bitget XAUUSDT | −0.799% | +0.0266% | 4h | $70.2M | $102.3M | 100x | as long as short |
| Polymarket Perps GOLD-USD | −0.796% | +0.0199% | 1h | $4.2M | $1.9M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.796% | +0.0256% | 1h | $214K | $976K | 25x | as long as short |
| Lighter XAUshort | −0.793% | +0.0096% | 1h | $20.7M | $44.9M | 25x | |
| StandX XAU-USD | −0.792% | +0.0040% | 1h | $3.8M | $1.9M | 40x | as long as short |
| MEXC XAU_USDT | −0.790% | +0.0128% | 4h | $370.1M | $386.7M | 1000x | as long as short |
| Binance XAUUSDT | −0.789% | +0.0130% | 4h | $417.4M | $2.06B | 100x | as long as short |
| QFEX GOLD-USD | −0.785% | +0.0029% | 1h | $5.4M | $2.0M | 20x | as long as short |
| Aevo XAU-PERP | −0.784% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Paradex XAU-USD-PERP | −0.781% | +0.0065% | 8h | $19K | $6K | 5x | as long as short |
| Variational Omni XAU | −0.779% | +0.0109% | 4h | $48.0M | $42.6M | — | as long as short |
| Bullet GOLD-USD | −0.776% | +0.0100% | 1h | $58K | $77K | 10x | as long as short |
| BloFin XAU-USDT | −0.776% | +0.0370% | 4h | $14.9M | $4.4M | 100x | as long as short |
| Bybit XAUUSDT | −0.774% | +0.0134% | 4h | $83.3M | $134.2M | 150x | as long as short |
| Aster XAUUSD1 | −0.771% | +0.0098% | 4h | $69.1M | $239.6M | 20x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.770% | L +0.0370% / S −0.0190% | 1h | $221K | — | 111x | as long as short |
| Gate XAU_USDT | −0.767% | +0.0006% | 4h | $275.4M | $391.0M | 100x | as long as short |
| OKX XAU-USDT-SWAP | −0.767% | +0.0232% | 8h | $157.4M | $261.0M | 100x | as long as short |
| Injective XAU/USDC PERP | −0.750% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| HTX XAU-USDT | −0.741% | +0.0297% | 4h | $2.4M | $2.4M | 75x | as long as short |
| Phemex XAUUSDT | −0.736% | +0.0354% | 4h | $2.2M | $1.0M | 100x | as long as short |
| Lighter RH XAU | −0.727% | +0.0144% | 1h | $19.9M | $41.4M | 25x | as long as short |
| SunX XAU-USDT | −0.695% | 0.0000% | 4h | $93K | $11.4M | 20x | as long as short |
| Vest GC-PERPlong | 0.000% | +0.0046% | 1h | — | $953K | 25x | |
| Bluefin GOLD-PERP | +0.135% | +0.8000% | 1h | $26K | $23K | 20x | as long as short |