Funding you earn now, next payment 22:00 UTC+0.0111%/8h= +12.1% APRpaid last 24h +0.011%
Price spread now: Derive against Variational Omni+0.034%7-day average +0.046% · you sell dearer than you buy
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)+0.103%+$10 · spread now +0.034%, 7d avg +0.046%
=Together, before fees+0.150%+ 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 | Variational Omni XAUT | 4,341.9 | −0.0011 | get 0.0005% / 4h | 2h 55m | $33.1M | $3.3M | — |
| Short | Derive XAUT-PERP | 4,343.4 | 0.0100 | get 0.0013% / 1h | 55m 11s | $1.8M | $175K | 10x |
Variational Omni XAUT
Derive XAUT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Variational Omni. 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: +0.034% → +0.046%
- −$1.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $16.03
- Costs to cover
- 0.060%
- Break-even
- 2.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Derive: 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 Variational Omni RFQ quote, 4 min ago | 2.83 bp | doesn't fit | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
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 | −0.0239% | 1h | 4,342.1 | +0.003% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0164% | 4h | 4,340.1 | −0.042% | $26.3M | $14.9M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,343.7 | +0.041% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.043% | $8K | $76K | 30x | as long as short |
| Variational Omni XAUTlong | −0.0011% | 4h | 4,341.9 | long leg | $33.1M | $3.3M | — | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,343.8 | +0.043% | $131.9M | $8.9M | 100x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.8 | +0.043% | $10.1M | $2.1M | 25x | as long as short |
| Extended XAUT-USD | +0.0080% | 1h | 4,341.6 | −0.007% | $272K | $217K | 25x | as long as short |
| Binance XAUTUSDT | +0.0082% | 4h | 4,342.2 | +0.006% | $35.3M | $45.4M | 75x | as long as short |
| Nado XAUT-PERP | +0.0083% | 1h | 4,342 | +0.002% | $4.2M | $921K | 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 | 4,342.8 | +0.020% | $120.6M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,342.3 | +0.009% | $351.9M | $275.2M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.5 | +0.036% | $11.5M | $3.3M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341.9 | 0.000% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,342.4 | +0.011% | $712 | $117K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,342.8 | +0.020% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,343.4 | +0.034% | $1.8M | $175K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,348.5 | +0.152% | $2K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.1 | −0.042% | $1.8M | $231K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,342 | +0.002% | $1.7M | $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