Funding you earn now, next payment 09:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.027%
Price spread now: Variational Omni against gTrade (Gains Network)+0.261%7-day average +0.094% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.261%, 7d avg +0.094%
=Together, before fees−0.174%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.167% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAU/USD | 4,295.1 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 28m 19s | $272K | — | 250x |
| Short | Variational Omni XAU | 4,306.3 | 0.0092 | get 0.0046% / 4h | 3h 28m | $46.7M | $29.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against gTrade (Gains Network). 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
- $18.8
- Price spread: +0.261% → +0.094%
- $16.69
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $28.49
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 36 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 gTrade (Gains Network) virtual book (oracle venue), 36 min ago | 130.01 bp | 133.5 bp −$134 | 196.7 bp −$1,967 | 1352.9 bp −$135.3K | 5907.8 bp −$2.95M |
| Sell Variational Omni RFQ quote, 1 min ago | 1.54 bp | doesn't fit | 1.5 bp −$15 | 2.3 bp −$227 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,303.2 | +0.190% | $91K | $6.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,295.1 | long leg | $272K | — | 250x | |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +1.288% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,304.4 | +0.217% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,332.5 | +0.871% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,299.3 | +0.098% | $6.6M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,296.1 | +0.023% | $290.4M | $54.2M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,295.8 | +0.016% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,295.5 | +0.009% | $15.0M | $55.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0055% | 4h | 4,300.4 | +0.124% | $73.3M | $271.4M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,295.9 | +0.019% | $2.0M | $5.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0061% | 8h | 4,301.6 | +0.150% | $2K | $13K | 5x | as long as short |
| Hotstuff GOLD-PERP | +0.0072% | 1h | 4,300 | +0.114% | $32K | — | 25x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,298.1 | +0.069% | $20.2M | $29.2M | 25x | as long as short |
| Extended XAU-USD | +0.0080% | 1h | 4,295 | −0.003% | $13.0M | $36.3M | 25x | as long as short |
| Variational Omni XAUshort | +0.0092% | 4h | 4,306.3 | +0.261% | $46.7M | $29.2M | — | |
| Phoenix GOLD | +0.0095% | 1h | 4,306.2 | +0.258% | $42K | $86K | 25x | as long as short |
| Bybit XAUUSDT | +0.0097% | 4h | 4,300.6 | +0.127% | $77.6M | $159.1M | 150x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,297.6 | +0.058% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,303.5 | +0.195% | $275K | $218K | 50x | as long as short |
| MEXC XAU_USDT | +0.0108% | 4h | 4,298.9 | +0.089% | $362.5M | $342.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0109% | 4h | 4,299.4 | +0.099% | $435.2M | $2.24B | 100x | as long as short |
| Kalshi KXGOLDPERP | +0.0111% | 24h | 4,301 | +0.137% | $3.6M | $46.8M | 15x | as long as short |
| Lighter RH XAU | +0.0112% | 1h | 4,301 | +0.137% | $19.7M | $40.3M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,299.7 | +0.106% | $159K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0121% | 4h | 4,304 | +0.207% | $30.0M | $62.0M | 50x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,299.6 | +0.106% | $4.4M | $13.1M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0132% | 4h | 4,306 | +0.253% | $1.4M | $3.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0152% | 4h | 4,301.4 | +0.147% | $296.3M | $430.4M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0192% | 1h | 4,298 | +0.068% | $133K | $851K | 25x | as long as short |
| Bitget XAUUSDT | +0.0196% | 4h | 4,299 | +0.090% | $70.5M | $126.3M | 100x | as long as short |
| Bullet GOLD-USD | +0.0198% | 1h | 4,299.4 | +0.100% | $58K | $81K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0250% | 8h | 4,300.4 | +0.123% | $170.1M | $335.2M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0329% | 1h | 4,296.1 | +0.024% | $572K | $139K | 25x | as long as short |
| BloFin XAU-USDT | +0.0391% | 4h | 4,305.5 | +0.243% | $16.3M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0465% / S −0.0313% | 1h | 4,299.1 | +0.094% | $254K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0656% | 4h | 4,303.6 | +0.197% | $2.2M | $956K | 100x | as long as short |
| HTX XAU-USDT | +0.1140% | 4h | 4,305.8 | +0.248% | $3.2M | $6.8M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.3247% | 1h | 4,293.8 | −0.030% | $25K | $1K | 20x | as long as short |
gTrade (Gains Network) XAU/USD
Variational Omni XAU
SunX XAU-USDT
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Lighter XAU
Extended XAU-USD
Phoenix GOLD
Bybit XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
MEXC XAU_USDT
Binance XAUUSDT
Kalshi KXGOLDPERP
Lighter RH XAU
edgeX XAUUSDC
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Gate XAU_USDT
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Bullet GOLD-USD
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP