XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Bybit+0.028%7-day average −0.024% · you sell dearer than you buy

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 7 days−0.053%−$5 · spread now +0.028%, 7d avg −0.024%

Together, before fees−0.050%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.052% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAUUSDT	4,342.5	0	get 0.0000% / 4h	2h 12m	$82.6M	$144.9M	150x
Short	Variational Omni XAU	4,343.7	0.0046	get 0.0023% / 4h	2h 12m	$47.8M	$34.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now +0.028%Rate

Funding earned: $9.57
Price spread: +0.028% → −0.024%: $5.15
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $3.72
Costs to cover: 0.110%
Break-even: 4.3 days

Slippage unknown: Bybit: live order book, 7 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 Bybit live order book, 7 min ago	0.01 bp	5.5 bp −$6	5.5 bp −$55	9.5 bp −$947	39.4 bp −$19.7K
Sell Variational Omni RFQ quote, 2 min ago	1.55 bp	doesn't fit	2.1 bp −$21	7.4 bp −$739	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	−0.0379%	1h	4,334.7	−0.178%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,345.2	+0.063%	$70.8M	$241.0M	20x	as long as short
Bybit XAUUSDTlong	0.0000%	4h	4,342.5	long leg	$82.6M	$144.9M	150x
Gate XAU_USDT	0.0000%	4h	4,343.4	+0.023%	$273.2M	$413.4M	100x	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,344.7	+0.053%	$1.4M	$3.3M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,343.8	+0.031%	$3.9M	$34.1M	15x	as long as short
Bullet GOLD-USD	0.0000%	1h	4,342.2	−0.006%	$58K	$84K	10x	as long as short
SunX XAU-USDT	0.0000%	4h	4,346.4	+0.090%	$92K	$10.9M	20x	as long as short
Bitget XAUUSDT	+0.0018%	4h	4,342.6	+0.003%	$67.1M	$114.0M	100x	as long as short
Binance XAUUSDT	+0.0025%	4h	4,342.3	−0.004%	$415.6M	$2.12B	100x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XAU_USDT	+0.0028%	4h	4,340.9	−0.036%	$372.9M	$349.5M	1000x	as long as short
Lighter XAU	+0.0032%	1h	4,341.2	−0.028%	$20.7M	$46.8M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,344.1	+0.038%	$20.2M	$45.0M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344.1	+0.039%	$13.2M	$51.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.184%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,343.8	+0.031%	$3.8M	$4.7M	40x	as long as short
Variational Omni XAUshort	+0.0046%	4h	4,343.7	+0.028%	$47.8M	$34.0M	—
Vest GC-PERP	+0.0046%	1h	4,382.3	+0.918%	—	$995K	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,339.7	−0.063%	$293.1M	$52.7M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,342.1	−0.008%	$4.3M	$2.3M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,341.1	−0.032%	$14.8M	$54.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0051%	8h	4,342.6	+0.004%	$19K	$6K	5x	as long as short
QFEX GOLD-USD	+0.0052%	1h	4,342.5	+0.001%	$5.5M	$1.9M	20x	as long as short
HTX XAU-USDT	+0.0059%	4h	4,350.6	+0.188%	$2.8M	$3.8M	75x	as long as short
edgeX XAUUSDC	+0.0066%	4h	4,338.8	−0.084%	$30.2M	$57.7M	50x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,338.3	−0.096%	$2.0M	$5.2M	25x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,342	−0.011%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,341.7	−0.017%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337.3	−0.118%	$272K	$204K	50x	as long as short
Phoenix GOLD	+0.0109%	1h	4,343.5	+0.024%	$47K	$69K	25x	as long as short
BloFin XAU-USDT	+0.0165%	4h	4,344.2	+0.040%	$14.8M	$4.3M	100x	as long as short
Hotstuff GOLD-PERP	+0.0184%	1h	4,339.8	−0.061%	$33K	—	25x	as long as short
RISEx XAU/USDC	+0.0190%	1h	4,343	+0.012%	$3.4M	$12.6M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0208%	8h	4,343.5	+0.024%	$157.9M	$275.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0333%	1h	4,341.2	−0.030%	$599K	$139K	25x	as long as short
Phemex XAUUSDT	+0.0375%	4h	4,345.6	+0.072%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0495% / S −0.0311%	1h	4,342.1	−0.007%	$251K	—	29x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0834%	1h	4,340.7	−0.040%	$221K	$891K	25x	as long as short