Funding you earn now, next payment 09:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h +0.005%
Price spread now: SoDEX against Variational Omni−0.040%7-day average +0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.040%, 7d avg +0.063%
=Together, before fees+0.206%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.102% cheaper against Variational Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAUT | 4,320.8 | 0.0069 | pay 0.0035% / 4h | 3h 13m | $33.0M | $3.6M | — |
| Short | SoDEX XAUT-USD | 4,319.1 | 0.0050 | get 0.0006% / 1h | 13m 59s | $10.1M | $2.1M | 25x |
Variational Omni XAUT
SoDEX XAUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$4.07
- Price spread: −0.040% → +0.063%
- −$10.25
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$22.31
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; SoDEX: live order book, 5 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 Variational Omni RFQ quote, just now | 2.82 bp | doesn't fit | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 0.12 bp | 4.1 bp −$4 | 5.2 bp −$52 | 44.8 bp −$4,477 | doesn't fit |
XAUT on 19 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 | −0.0217% | 1h | 4,314.8 | −0.139% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0114% | 4h | 4,317.3 | −0.081% | $27.2M | $22.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,321.1 | +0.006% | $130.5M | $10.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.671% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,319.1 | −0.040% | $10.1M | $2.1M | 25x | |
| MEXC XAUT_USDT | +0.0068% | 4h | 4,318.1 | −0.063% | $371.1M | $294.2M | 1000x | as long as short |
| Variational Omni XAUTlong | +0.0069% | 4h | 4,320.8 | long leg | $33.0M | $3.6M | — | |
| Bybit XAUTUSDT | +0.0079% | 4h | 4,318.8 | −0.046% | $118.6M | $33.7M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,320.7 | −0.002% | $4.2M | $965K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,318.6 | −0.052% | $36.2M | $48.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
MEXC XAUT_USDT
Bybit XAUTUSDT
Nado XAUT-PERP
Binance XAUTUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,321.2 | +0.008% | $12.3M | $3.5M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,319.6 | −0.027% | — | $20.1M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,312.4 | −0.195% | $841 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,319 | −0.042% | $265 | $17K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,323.1 | +0.054% | $2K | $2.9M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,321.1 | +0.007% | $1.8M | $201K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,317.4 | −0.078% | $274K | $206K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0229% | 4h | 4,319.1 | −0.040% | $2.3M | $834K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0290% | 1h | 4,321.3 | +0.010% | $5.8M | $5.6M | 50x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD