XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.030%

Price spread now: Variational Omni against Bitget+0.008%7-day average −0.010% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.036%−$4 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.008%, 7d avg −0.010%

Together, before fees−0.053%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,346.1	0.0128	pay 0.0064% / 4h	2h 26m	$67.4M	$112.8M	100x
Short	Variational Omni XAU	4,346.4	0.0096	get 0.0048% / 4h	2h 26m	$47.8M	$34.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.008%Rate

Funding earned: −$6.66
Price spread: +0.008% → −0.010%: $1.82
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.84
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 Bitget live order book, 2 min ago	0.01 bp	6.9 bp −$7	8.9 bp −$89	12.4 bp −$1,243	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	1.55 bp	doesn't fit	1.6 bp −$16	7.9 bp −$788	doesn't fit

XAU on 38 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
Bluefin GOLD-PERP	−0.0330%	1h	4,338.8	−0.167%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,346.7	+0.014%	$70.4M	$239.8M	20x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,346.9	+0.020%	$82.9M	$142.9M	150x	as long as short
Gate XAU_USDT	0.0000%	4h	4,347.2	+0.025%	$272.3M	$411.3M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,344.4	−0.039%	$3.9M	$34.1M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,349.9	+0.089%	$92K	$10.9M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0018%	4h	4,346.1	+0.001%	$1.4M	$3.3M	25x	as long as short
Lighter XAU	+0.0032%	1h	4,345.3	−0.018%	$20.6M	$46.5M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,347.8	+0.039%	$20.1M	$44.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344.7	−0.032%	$13.1M	$50.8M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.100%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,346.1	0.000%	$3.8M	$4.7M	40x	as long as short
Bullet GOLD-USD	+0.0042%	1h	4,345.8	−0.007%	$59K	$83K	10x	as long as short
Vest GC-PERP	+0.0046%	1h	4,382.2	+0.831%	—	$995K	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,343.2	−0.066%	$293.0M	$51.7M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,345.5	−0.014%	$4.3M	$2.2M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,342.4	−0.084%	$14.8M	$52.7M	25x	as long as short
QFEX GOLD-USD	+0.0052%	1h	4,346.4	+0.007%	$5.5M	$1.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,346.4	+0.006%	$19K	$6K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,343.6	−0.057%	$2.0M	$5.2M	25x	as long as short
Variational Omni XAUshort	+0.0096%	4h	4,346.4	+0.008%	$47.8M	$34.2M	—
Binance XAUUSDT	+0.0099%	4h	4,345.9	−0.004%	$411.9M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,344.1	−0.047%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343.9	−0.051%	$273K	$203K	50x	as long as short
MEXC XAU_USDT	+0.0102%	4h	4,345.8	−0.007%	$369.1M	$341.8M	1000x	as long as short
Hotstuff GOLD-PERP	+0.0104%	1h	4,342.9	−0.073%	$33K	—	25x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,345.8	−0.006%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0109%	1h	4,345.2	−0.020%	$47K	$69K	25x	as long as short
edgeX XAUUSDC	+0.0120%	4h	4,339.9	−0.142%	$30.2M	$57.5M	50x	as long as short
Bitget XAUUSDTlong	+0.0128%	4h	4,346.1	long leg	$67.4M	$112.8M	100x
HTX XAU-USDT	+0.0138%	4h	4,349.2	+0.072%	$2.8M	$3.7M	75x	as long as short
RISEx XAU/USDC	+0.0190%	1h	4,346	−0.003%	$3.5M	$12.5M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0251%	8h	4,346.3	+0.005%	$157.8M	$271.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0333%	1h	4,343.6	−0.058%	$587K	$114K	25x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,345.8	−0.006%	$14.8M	$4.3M	100x	as long as short
Phemex XAUUSDT	+0.0381%	4h	4,348.7	+0.059%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0496% / S −0.0311%	1h	4,345.5	−0.014%	$251K	—	29x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0603%	1h	4,343	−0.071%	$221K	$893K	25x	as long as short