XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.002%

Price spread now: Variational Omni against MEXC−0.008%7-day average −0.004% · you buy dearer than you sell

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

Long on MEXC 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−0.004%$0 · spread now −0.008%, 7d avg −0.004%

Together, before fees−0.007%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XAU_USDT	4,349.6	0.0090	pay 0.0045% / 4h	18m 37s	$371.9M	$318.7M	1000x
Short	Variational Omni XAU	4,349.2	0.0077	get 0.0038% / 4h	18m 37s	$48.5M	$28.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.008%Rate

Funding earned: −$2.78
Price spread: −0.008% → −0.004%: −$0.4
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$7.18
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 6 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 MEXC live order book, 6 min ago	0.03 bp	2.0 bp −$2	2.0 bp −$20	3.8 bp −$379	23.3 bp −$11.7K
Sell Variational Omni RFQ quote, 1 min ago	1.54 bp	doesn't fit	1.5 bp −$15	3.6 bp −$359	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
RISEx XAU/USDC	0.0000%	1h	4,349.3	−0.006%	$3.4M	$12.2M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,350.3	+0.017%	$264.9M	$415.7M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,355.6	+0.139%	$93K	$8.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,347.6	−0.044%	$272K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0008%	1h	4,347.9	−0.038%	$33K	—	25x	as long as short
Lighter XAU	+0.0032%	1h	4,348.3	−0.028%	$20.8M	$38.2M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,345.8	−0.087%	$13.2M	$38.4M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.020%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,351	+0.033%	$20.1M	$39.3M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,350.7	+0.026%	$3.8M	$4.5M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0041%	1h	4,348.4	−0.027%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,384.6	+0.805%	—	$1.0M	25x	as long as short
Kalshi KXGOLDPERP	+0.0047%	24h	4,350.2	+0.014%	$4.2M	$37.3M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,348.4	−0.027%	$2.0M	$4.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,347.2	−0.054%	$293.9M	$48.8M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345.3	−0.099%	$15.1M	$56.8M	25x	as long as short
Aster XAUUSD1	+0.0062%	4h	4,350.6	+0.023%	$71.2M	$333.1M	20x	as long as short
Variational Omni XAUshort	+0.0077%	4h	4,349.2	−0.008%	$48.5M	$28.0M	—
Paradex XAU-USD-PERP	+0.0080%	8h	4,349.1	−0.012%	$19K	$5K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0088%	4h	4,350.6	+0.025%	$1.4M	$2.9M	25x	as long as short
MEXC XAU_USDTlong	+0.0090%	4h	4,349.6	long leg	$371.9M	$318.7M	1000x
Binance XAUUSDT	+0.0090%	4h	4,349.1	−0.011%	$413.4M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.6	−0.068%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,346.5	−0.072%	$275K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,344.6	−0.114%	$25K	$14K	20x	as long as short
edgeX XAUUSDC	+0.0101%	4h	4,346.3	−0.075%	$30.2M	$58.1M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,351	+0.033%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0142%	1h	4,347.9	−0.038%	$47K	$77K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0157%	1h	4,351	+0.033%	$4.3M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0186%	1h	4,351.3	+0.040%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,348.3	−0.030%	$593K	$132K	25x	as long as short
Phemex XAUUSDT	+0.0207%	4h	4,354.1	+0.105%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0210%	1h	4,350.1	+0.012%	$206K	$823K	25x	as long as short
Bitget XAUUSDT	+0.0232%	4h	4,349.3	−0.006%	$70.0M	$109.4M	100x	as long as short
Bybit XAUUSDT	+0.0240%	4h	4,350.6	+0.023%	$85.3M	$145.1M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0294%	8h	4,350	+0.010%	$165.4M	$282.5M	100x	as long as short
BloFin XAU-USDT	+0.0331%	4h	4,351.1	+0.034%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0417% / S −0.0236%	1h	4,351.4	+0.043%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0624%	4h	4,356.2	+0.152%	$2.9M	$4.3M	75x	as long as short