Funding you earn now, next payment 04:00 UTC−0.0536%/8h= −58.7% APRnext payment −$2.68 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against HTX−0.192%7-day average −0.058% · 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)−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.192%, 7d avg −0.058%
=Together, before fees+0.148%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.134% cheaper against HTX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,367.1 | 0.0558 | pay 0.0279% / 4h | 3h 07m | $2.9M | $3.9M | 75x |
| Short | Variational Omni XAU | 4,358.7 | 0.0022 | get 0.0011% / 4h | 3h 07m | $48.4M | $28.5M | — |
HTX XAU-USDT
Variational Omni XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against HTX. 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
- −$112.5
- Price spread: −0.192% → −0.058%
- −$13.4
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$137.9
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: HTX: 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 HTX live order book, 2 min ago | 0.01 bp | 7.7 bp −$8 | 10.5 bp −$105 | 16.1 bp −$1,615 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 1.54 bp | doesn't fit | 1.5 bp −$15 | 3.9 bp −$390 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,363.3 | −0.087% | $70.3M | $212.9M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,363.1 | −0.091% | $265.5M | $422.0M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,359.4 | −0.176% | $4.0M | $36.7M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,366.4 | −0.016% | $93K | $10.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,358.1 | −0.206% | $269K | — | 250x | as long as short |
| Variational Omni XAUshort | +0.0022% | 4h | 4,358.7 | −0.192% | $48.4M | $28.5M | — | |
| Extended XAU-USD | +0.0032% | 1h | 4,358.1 | −0.206% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.381% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,362.7 | −0.100% | $3.8M | $4.7M | 40x | as long as short |
| MEXC XAU_USDT | +0.0042% | 4h | 4,362.2 | −0.111% | $371.9M | $330.9M | 1000x | as long as short |
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
MEXC XAU_USDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUUSDT | +0.0045% | 4h | 4,362.7 | −0.101% | $411.6M | $2.15B | 100x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,361.2 | −0.134% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,395.7 | +0.656% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,362.2 | −0.111% | $3.4M | $12.3M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,358.5 | −0.196% | $294.0M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,357.7 | −0.214% | $14.7M | $57.2M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,357.7 | −0.215% | $48K | $64K | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0056% | 1h | 4,358.5 | −0.196% | $33K | — | 25x | as long as short |
| edgeX XAUUSDC | +0.0057% | 4h | 4,354.2 | −0.295% | $30.3M | $60.3M | 50x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,361.8 | −0.121% | $20.6M | $44.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,361.8 | −0.120% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERP | +0.0088% | 1h | 4,361.3 | −0.132% | $162K | $87 | 10x | as long as short |
| Bitget XAUUSDT | +0.0094% | 4h | 4,362.5 | −0.106% | $69.0M | $112.3M | 100x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,364.2 | −0.066% | $20.2M | $41.4M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,359.8 | −0.166% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,359.5 | −0.173% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,357.9 | −0.210% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,355.1 | −0.275% | $26K | $22K | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0119% | 1h | 4,361 | −0.139% | $4.3M | $1.8M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0136% | 4h | 4,361.6 | −0.125% | $1.4M | $3.1M | 25x | as long as short |
| BloFin XAU-USDT | +0.0179% | 4h | 4,362.2 | −0.111% | $15.4M | $4.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0186% | 1h | 4,360.8 | −0.144% | $235K | $658K | 25x | as long as short |
| Bybit XAUUSDT | +0.0199% | 4h | 4,363.5 | −0.081% | $83.8M | $144.9M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0211% | 8h | 4,363.8 | −0.075% | $164.2M | $288.9M | 100x | as long as short |
| Bullet GOLD-USD | +0.0212% | 1h | 4,362.2 | −0.111% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,359.5 | −0.174% | $595K | $141K | 25x | as long as short |
| Phemex XAUUSDT | +0.0275% | 4h | 4,363.8 | −0.075% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0389% / S −0.0197% | 1h | 4,362.2 | −0.111% | $252K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0558% | 4h | 4,367.1 | long leg | $2.9M | $3.9M | 75x |
Binance XAUUSDT
QFEX GOLD-USD
Vest GC-PERP
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Phoenix GOLD
Hotstuff GOLD-PERP
edgeX XAUUSDC
Lighter XAU
Paradex XAU-USD-PERP
Aevo XAU-PERP
Bitget XAUUSDT
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
BloFin XAU-USDT
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]