Funding you earn now, next payment 22:00 UTC−0.0111%/8h= −12.1% APRpaid last 24h −0.011%
Price spread now: Variational Omni against Derive−0.035%7-day average −0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)−0.101%−$10 · spread now −0.035%, 7d avg −0.046%
=Together, before fees−0.149%+ Points / potential airdropVariational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XAUT-PERP | 4,343.5 | 0.0100 | pay 0.0013% / 1h | 51m 09s | $1.8M | $175K | 10x |
| Short | Variational Omni XAUT | 4,341.9 | −0.0011 | pay 0.0005% / 4h | 2h 51m | $33.1M | $3.3M | — |
Derive XAUT-PERP
Variational Omni XAUTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Derive. 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
- −$23.25
- Price spread: −0.035% → −0.046%
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$28.21
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Variational Omni: RFQ quote, 3 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 Derive no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 2.83 bp | doesn't fit | 4.0 bp −$40 | doesn't fit | doesn't fit |
Derive: 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.
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0252% | 1h | 4,342 | −0.034% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0176% | 4h | 4,339.5 | −0.090% | $26.3M | $14.9M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,343.7 | +0.006% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.008% | $8K | $76K | 30x | as long as short |
| Variational Omni XAUTshort | −0.0011% | 4h | 4,341.9 | −0.035% | $33.1M | $3.3M | — | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,343.6 | +0.003% | $131.9M | $8.9M | 100x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.9 | +0.010% | $10.1M | $2.1M | 25x | as long as short |
| Extended XAUT-USD | +0.0080% | 1h | 4,341.3 | −0.050% | $272K | $217K | 25x | as long as short |
| Binance XAUTUSDT | +0.0081% | 4h | 4,341.5 | −0.045% | $35.3M | $45.4M | 75x | as long as short |
| Nado XAUT-PERP | +0.0099% | 1h | 4,342.5 | −0.021% | $4.2M | $917K | 10x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Nado XAUT-PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,342.5 | −0.023% | $120.6M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,342.6 | −0.020% | $351.3M | $275.5M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.8 | +0.008% | $11.5M | $3.3M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341.9 | −0.035% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,342.4 | −0.025% | $643 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,342.1 | −0.031% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPlong | +0.0100% | 1h | 4,343.5 | long leg | $1.8M | $175K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,348.1 | +0.107% | $3K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.1 | −0.078% | $1.8M | $231K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,342.6 | −0.020% | $2.4M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT