Funding you earn now, next payment 03:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h +0.011%
Price spread now: Variational Omni against ApeX Omni−0.004%58s7-day average +0.033% · 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)−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.004%, 7d avg +0.033%
=Together, before fees+0.053%+ Points / potential airdropVariational Omni: Active · farm board+$5 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 Variational Omni is 0.036% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.033%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAUUSDT | 4,347.5 | 0.0100 | pay 0.0013% / 1h | 8m 34s | $275K | $203K | 50x |
| Short | Variational Omni XAU | 4,347.3 | 0.0053 | get 0.0026% / 4h | 1h 08m | $48.5M | $27.8M | — |
ApeX Omni XAUUSDT
Variational Omni XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against ApeX 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
- −$9.91
- Price spread: −0.004% → +0.033%
- −$3.63
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$23.53
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 54 min ago; Variational Omni: RFQ quote, 1 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 ApeX Omni live order book, 54 min ago | 4.79 bp | 16.0 bp −$16 | 24.9 bp −$249 | 34.3 bp −$3,426 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 1.55 bp | doesn't fit | 1.6 bp −$16 | 2.9 bp −$293 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDT | 0.0000% | 4h | 4,352.3 | +0.111% | $264.4M | $416.7M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.1 | +0.152% | $93K | $9.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,346.2 | −0.029% | $267K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,350.4 | +0.068% | $3.4M | $12.4M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,347.3 | −0.004% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,346.8 | −0.016% | $13.4M | $38.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.068% | $619 | $54 | 52x | as long as short |
| Aster XAUUSD1 | +0.0040% | 4h | 4,350.6 | +0.073% | $70.8M | $334.1M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.1 | +0.061% | $3.8M | $4.6M | 40x | as long as short |
| Kalshi KXGOLDPERP | +0.0040% | 24h | 4,348.8 | +0.031% | $4.1M | $37.1M | 15x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Hotstuff GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
Aster XAUUSD1
StandX XAU-USD
Kalshi KXGOLDPERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,382.7 | +0.811% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,350.1 | +0.061% | $5.7M | $2.0M | 20x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,349.7 | +0.052% | $20.6M | $42.6M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,347.5 | +0.001% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.7 | +0.006% | $294.0M | $48.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,347.1 | −0.009% | $15.1M | $56.8M | 25x | as long as short |
| Variational Omni XAUshort | +0.0053% | 4h | 4,347.3 | −0.004% | $48.5M | $27.8M | — | |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,349.5 | +0.046% | $1.4M | $2.9M | 25x | as long as short |
| Lighter RH XAU | +0.0056% | 1h | 4,351.7 | +0.097% | $20.1M | $39.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0072% | 4h | 4,350.8 | +0.076% | $371.2M | $320.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0073% | 4h | 4,350.8 | +0.076% | $410.5M | $2.10B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0078% | 8h | 4,350.6 | +0.073% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0084% | 4h | 4,343.5 | −0.091% | $30.2M | $58.4M | 50x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,348.9 | +0.033% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,347 | −0.010% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDTlong | +0.0100% | 1h | 4,347.5 | long leg | $275K | $203K | 50x | |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,349.2 | +0.040% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,350.4 | +0.068% | $47K | $77K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0141% | 1h | 4,348.5 | +0.024% | $254K | $752K | 25x | as long as short |
| Phemex XAUUSDT | +0.0189% | 4h | 4,353.8 | +0.146% | $2.2M | $1.1M | 100x | as long as short |
| Bullet GOLD-USD | +0.0191% | 1h | 4,350.1 | +0.061% | $60K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0204% | 4h | 4,352.1 | +0.107% | $84.4M | $145.4M | 150x | as long as short |
| Bitget XAUUSDT | +0.0214% | 4h | 4,350.4 | +0.067% | $70.3M | $109.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0258% | 8h | 4,351.9 | +0.102% | $165.4M | $283.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,347.7 | +0.005% | $593K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0291% | 4h | 4,350.1 | +0.061% | $15.5M | $4.6M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0404% / S −0.0218% | 1h | 4,350.1 | +0.061% | $248K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0502% | 1h | 4,344.6 | −0.065% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0582% | 4h | 4,356 | +0.197% | $2.9M | $4.2M | 75x | as long as short |
Vest GC-PERP
QFEX GOLD-USD
Lighter XAU
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
GRVT XAU_USDT_Perp
Lighter RH XAU
MEXC XAU_USDT
Binance XAUUSDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Aevo XAU-PERP
Pacifica XAU
Polymarket Perps GOLD-USD
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT