Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against edgeX+0.104%74s7-day average +0.097% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now +0.104%, 7d avg +0.097%
=Together, before fees−0.122%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 74 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 | edgeX XAUUSDC | 4,350.6 | 0.0013 | pay 0.0006% / 4h | 1h 20m | $30.3M | $58.3M | 50x |
| Short | Variational Omni XAU | 4,355.2 | 0 | get 0.0000% / 4h | 1h 20m | $48.0M | $31.0M | — |
edgeX XAUUSDC
Variational Omni XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against edgeX. 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
- −$2.66
- Price spread: +0.104% → +0.097%
- $0.77
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.89
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: 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 edgeX live order book, 4 min ago | 0.34 bp | 4.8 bp −$5 | 4.9 bp −$49 | 7.5 bp −$755 | 38.2 bp −$19.1K |
| Sell Variational Omni RFQ quote, 4 min ago | 1.54 bp | doesn't fit | 1.9 bp −$19 | 4.6 bp −$462 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAUUSD | −0.0175% | 1h | 4,353.1 | +0.056% | $600K | $141K | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,356.6 | +0.137% | $71.4M | $234.2M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,355.2 | +0.104% | $409.5M | $2.08B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,356.3 | +0.131% | $82.6M | $141.2M | 150x | as long as short |
| RISEx XAU/USDC | 0.0000% | 1h | 4,355.3 | +0.107% | $3.5M | $12.4M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,356.8 | +0.142% | $272.1M | $409.7M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,355.2 | +0.105% | $378.6M | $352.1M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,355.3 | +0.108% | $67.0M | $109.5M | 100x | as long as short |
| Variational Omni XAUshort | 0.0000% | 4h | 4,355.2 | +0.104% | $48.0M | $31.0M | — | |
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,355.2 | +0.104% | $1.4M | $3.2M | 25x | as long as short |
Kraken Futures PF_XAUUSD
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
GRVT XAU_USDT_PerpShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,352.8 | +0.049% | $4.0M | $34.4M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,359.5 | +0.203% | $93K | $10.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,351.9 | +0.029% | $267K | — | 250x | as long as short |
| QFEX GOLD-USD | +0.0002% | 1h | 4,355.2 | +0.105% | $5.6M | $1.7M | 20x | as long as short |
| edgeX XAUUSDClong | +0.0013% | 4h | 4,350.6 | long leg | $30.3M | $58.3M | 50x | |
| tradeXYZ xyz:GOLD | +0.0014% | 1h | 4,351.4 | +0.017% | $292.8M | $52.9M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,351.1 | +0.010% | $33K | — | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0026% | 1h | 4,353.5 | +0.066% | $235K | $773K | 25x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,354.6 | +0.092% | $20.9M | $44.4M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,356.6 | +0.137% | $20.2M | $42.0M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,351.9 | +0.029% | $13.0M | $49.4M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.005% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,355.6 | +0.114% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,389.5 | +0.893% | — | $1.0M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,355 | +0.100% | $4.3M | $1.7M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0050% | 8h | 4,355.4 | +0.108% | $19K | $6K | 5x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,351.4 | +0.018% | $14.4M | $55.6M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,354.6 | +0.092% | $161K | $87 | 10x | as long as short |
| HTX XAU-USDT | +0.0100% | 4h | 4,358.7 | +0.186% | $2.8M | $3.8M | 75x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,352.4 | +0.040% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,352.3 | +0.037% | $273K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,348.5 | −0.049% | $26K | $21K | 20x | as long as short |
| Bullet GOLD-USD | +0.0102% | 1h | 4,355.3 | +0.107% | $60K | $85K | 10x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,351.7 | +0.024% | $48K | $65K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0157% | 8h | 4,356.7 | +0.139% | $158.9M | $267.0M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0208% | 1h | 4,351.8 | +0.027% | $2.0M | $5.1M | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,355.7 | +0.116% | $14.8M | $4.3M | 100x | as long as short |
| Phemex XAUUSDT | +0.0312% | 4h | 4,358.1 | +0.172% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0388% / S −0.0197% | 1h | 4,355.3 | +0.106% | $251K | — | 111x | as long as short |
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
QFEX GOLD-USD
tradeXYZ xyz:GOLD
Hotstuff GOLD-PERP
Deribit GOLD_USDC-PERPETUAL
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Vest GC-PERP
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Ondo Perps XAU-USD.P
Aevo XAU-PERP
HTX XAU-USDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Bullet GOLD-USD
Phoenix GOLD
OKX XAU-USDT-SWAP
Coinbase International GOLD-PERP-INTX
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]