Funding you earn now, next payment 04:00 UTC−0.0233%/8h= −25.5% APRnext payment −$1.17 per $10,000 · paid last 24h −0.075%
Price spread now: Variational Omni against BloFin−0.110%236s7-day average −0.018% · 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)−0.243%−$24 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.110%, 7d avg −0.018%
=Together, before fees−0.162%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.092% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 236 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 | BloFin XAU-USDT | 4,364.8 | 0.0286 | pay 0.0143% / 4h | 2h 45m | $15.5M | $4.6M | 100x |
| Short | Variational Omni XAU | 4,360 | 0.0053 | get 0.0026% / 4h | 2h 45m | $48.4M | $28.4M | — |
BloFin XAU-USDT
Variational Omni XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$48.94
- Price spread: −0.110% → −0.018%
- −$9.22
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$70.16
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 BloFin live order book, 4 min ago | 0.01 bp | 6.0 bp −$6 | 6.2 bp −$62 | 8.0 bp −$802 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 1.55 bp | doesn't fit | 1.5 bp −$15 | 3.2 bp −$324 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0346% | 1h | 4,351.5 | −0.306% | $25K | $14K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0112% | 1h | 4,355.4 | −0.215% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,358.7 | −0.140% | $69.2M | $274.3M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,359.7 | −0.116% | $263.4M | $405.3M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,355.9 | −0.204% | $4.1M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,363.2 | −0.036% | $93K | $9.8M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,354.7 | −0.231% | $269K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,354.6 | −0.234% | $13.5M | $43.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.329% | $619 | $54 | 52x | as long as short |
| Lighter XAU | +0.0040% | 1h | 4,357.6 | −0.164% | $20.7M | $43.4M | 25x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Lighter XAUShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAU-USD | +0.0040% | 1h | 4,360.5 | −0.099% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,392 | +0.623% | — | $1.0M | 25x | as long as short |
| Lighter RH XAU | +0.0048% | 1h | 4,360.1 | −0.109% | $20.1M | $40.7M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,355.6 | −0.211% | $294.0M | $48.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,355.5 | −0.214% | $14.9M | $57.6M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,357.9 | −0.158% | $5.6M | $1.9M | 20x | as long as short |
| Variational Omni XAUshort | +0.0053% | 4h | 4,360 | −0.110% | $48.4M | $28.4M | — | |
| Polymarket Perps GOLD-USD | +0.0057% | 1h | 4,357 | −0.179% | $4.3M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,355.6 | −0.211% | $2.0M | $5.0M | 25x | as long as short |
| MEXC XAU_USDT | +0.0074% | 4h | 4,358 | −0.155% | $372.7M | $320.5M | 1000x | as long as short |
| edgeX XAUUSDC | +0.0076% | 4h | 4,353.6 | −0.256% | $30.3M | $60.7M | 50x | as long as short |
| Binance XAUUSDT | +0.0076% | 4h | 4,358.3 | −0.149% | $410.0M | $2.11B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0086% | 8h | 4,358.7 | −0.141% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,358.1 | −0.154% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,355.1 | −0.222% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,359.3 | −0.127% | $275K | $204K | 50x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,356.7 | −0.186% | $48K | $64K | 25x | as long as short |
| Bitget XAUUSDT | +0.0134% | 4h | 4,359.3 | −0.126% | $69.5M | $110.9M | 100x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,357.9 | −0.158% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0138% | 4h | 4,364 | −0.019% | $1.4M | $3.0M | 25x | as long as short |
| Bullet GOLD-USD | +0.0155% | 1h | 4,358.4 | −0.146% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0179% | 4h | 4,360.4 | −0.100% | $84.2M | $145.2M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0186% | 1h | 4,357.3 | −0.172% | $235K | $661K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0221% | 8h | 4,360.3 | −0.103% | $164.8M | $286.0M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,355.2 | −0.221% | $594K | $141K | 25x | as long as short |
| BloFin XAU-USDTlong | +0.0286% | 4h | 4,364.8 | long leg | $15.5M | $4.6M | 100x | |
| Phemex XAUUSDT | +0.0391% | 4h | 4,361.3 | −0.081% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,358.7 | −0.141% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0529% | 4h | 4,363.6 | −0.027% | $2.9M | $3.9M | 75x | as long as short |
StandX XAU-USD
Vest GC-PERP
Lighter RH XAU
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
QFEX GOLD-USD
Polymarket Perps GOLD-USD
Coinbase International GOLD-PERP-INTX
MEXC XAU_USDT
edgeX XAUUSDC
Binance XAUUSDT
Paradex XAU-USD-PERP
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
Bitget XAUUSDT
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT