XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h +0.008%

Price spread now: Variational Omni against Polymarket Perps+0.043%7-day average +0.076% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.013%−$1 on $10k

Price spread, last 7 days−0.001%$0 · spread now +0.043%, 7d avg +0.076%

Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOLD-USD	4,341.8	0.0050	pay 0.0006% / 1h	11m 07s	$4.3M	$2.3M	20x
Short	Variational Omni XAU	4,343.7	0.0046	get 0.0023% / 4h	2h 11m	$47.8M	$34.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: −$0.93
Price spread: +0.043% → +0.076%: −$3.35
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$12.29
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 Polymarket Perps live order book, 3 min ago	0.57 bp	4.7 bp −$5	4.8 bp −$48	5.9 bp −$586	doesn't fit
Sell Variational Omni RFQ quote, 3 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	−0.0400%	1h	4,334.7	−0.163%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,345.1	+0.077%	$70.8M	$241.0M	20x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,342.4	+0.014%	$82.6M	$144.9M	150x	as long as short
Gate XAU_USDT	0.0000%	4h	4,343.4	+0.038%	$273.2M	$413.4M	100x	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,342.1	+0.006%	$1.4M	$3.3M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,341.5	−0.007%	$3.9M	$34.1M	15x	as long as short
Bullet GOLD-USD	0.0000%	1h	4,342.3	+0.011%	$58K	$84K	10x	as long as short
SunX XAU-USDT	0.0000%	4h	4,346.4	+0.105%	$92K	$10.9M	20x	as long as short
Bitget XAUUSDT	+0.0010%	4h	4,342.6	+0.018%	$67.1M	$114.0M	100x	as long as short
Binance XAUUSDT	+0.0022%	4h	4,342.3	+0.011%	$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	+0.0024%	4h	4,341.9	+0.001%	$373.7M	$349.8M	1000x	as long as short
Lighter XAU	+0.0032%	1h	4,341	−0.018%	$20.7M	$46.8M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,343.8	+0.045%	$20.2M	$45.0M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344	+0.051%	$13.2M	$51.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.199%	$619	$54	52x	as long as short
HTX XAU-USDT	+0.0038%	4h	4,346.2	+0.101%	$2.8M	$3.8M	75x	as long as short
StandX XAU-USD	+0.0040%	1h	4,343.8	+0.046%	$3.8M	$4.7M	40x	as long as short
Variational Omni XAUshort	+0.0046%	4h	4,343.7	+0.043%	$47.8M	$34.0M	—
Vest GC-PERP	+0.0046%	1h	4,382.2	+0.930%	—	$995K	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,339.5	−0.053%	$293.1M	$52.7M	25x	as long as short
Polymarket Perps GOLD-USDlong	+0.0050%	1h	4,341.8	long leg	$4.3M	$2.3M	20x
Ondo Perps XAU-USD.P	+0.0050%	1h	4,341.1	−0.017%	$14.5M	$54.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0051%	8h	4,342.9	+0.025%	$19K	$6K	5x	as long as short
QFEX GOLD-USD	+0.0052%	1h	4,342.5	+0.016%	$5.5M	$1.9M	20x	as long as short
edgeX XAUUSDC	+0.0066%	4h	4,338.8	−0.069%	$30.2M	$57.7M	50x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,338.1	−0.085%	$2.0M	$5.2M	25x	as long as short
BloFin XAU-USDT	+0.0086%	4h	4,342.2	+0.008%	$14.8M	$4.3M	100x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,342	+0.004%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,341.8	+0.001%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337.3	−0.103%	$272K	$204K	50x	as long as short
Phoenix GOLD	+0.0109%	1h	4,343.5	+0.039%	$47K	$69K	25x	as long as short
Hotstuff GOLD-PERP	+0.0176%	1h	4,339.7	−0.048%	$33K	—	25x	as long as short
RISEx XAU/USDC	+0.0190%	1h	4,342.4	+0.013%	$3.4M	$12.6M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0205%	8h	4,343.4	+0.037%	$157.9M	$275.2M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0333%	1h	4,339	−0.063%	$599K	$140K	25x	as long as short
Phemex XAUUSDT	+0.0420%	4h	4,345.8	+0.093%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0495% / S −0.0311%	1h	4,342.1	+0.008%	$251K	—	29x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0903%	1h	4,340.9	−0.021%	$221K	$884K	25x	as long as short