Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Variational Omni+0.004%7-day average +0.001% · 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)+0.003%$0 on $10k
+Price spread, last 2 days (all we have)+0.020%+$2 · spread now +0.004%, 7d avg +0.001%
=Together, before fees+0.023%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAU | 4,345.6 | 0.0086 | pay 0.0043% / 4h | 2h 22m | $47.8M | $34.2M | — |
| Short | Binance XAUUSDT | 4,345.7 | 0.0084 | get 0.0042% / 4h | 2h 22m | $412.4M | $2.09B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- −$0.32
- Price spread: +0.004% → +0.001%
- $0.29
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$10.03
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Binance: live order book, 7 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 Variational Omni RFQ quote, 2 min ago | 1.54 bp | doesn't fit | 1.6 bp −$16 | 8.4 bp −$842 | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.01 bp | 5.0 bp −$5 | 5.4 bp −$54 | 9.4 bp −$937 | 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 | −0.0330% | 1h | 4,341.1 | −0.103% | $26K | $21K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,346.5 | +0.020% | $70.8M | $240.4M | 20x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,346.7 | +0.025% | $82.9M | $142.9M | 150x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,347.2 | +0.036% | $272.3M | $411.5M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,343.8 | −0.041% | $3.9M | $34.1M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,350.1 | +0.103% | $92K | $10.9M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0008% | 4h | 4,345.8 | +0.005% | $1.4M | $3.3M | 25x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,344.8 | −0.017% | $20.6M | $46.5M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,347.5 | +0.043% | $20.1M | $44.8M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,344.7 | −0.020% | $13.1M | $50.7M | 25x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.111% | $619 | $54 | 52x | as long as short |
| Bullet GOLD-USD | +0.0034% | 1h | 4,345.9 | +0.006% | $58K | $83K | 10x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,346.1 | +0.012% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,382.1 | +0.840% | — | $995K | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,343.2 | −0.055% | $293.0M | $51.7M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,345.4 | −0.004% | $4.3M | $2.2M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,342.3 | −0.075% | $14.8M | $52.7M | 25x | as long as short |
| QFEX GOLD-USD | +0.0052% | 1h | 4,345 | −0.013% | $5.5M | $1.9M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,346.1 | +0.011% | $19K | $6K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,343.6 | −0.046% | $2.0M | $5.2M | 25x | as long as short |
| Binance XAUUSDTshort | +0.0084% | 4h | 4,345.7 | +0.004% | $412.4M | $2.09B | 100x | |
| Variational Omni XAUlong | +0.0086% | 4h | 4,345.6 | long leg | $47.8M | $34.2M | — | |
| MEXC XAU_USDT | +0.0086% | 4h | 4,345.6 | +0.001% | $369.0M | $341.9M | 1000x | as long as short |
| Hotstuff GOLD-PERP | +0.0088% | 1h | 4,342.9 | −0.062% | $33K | — | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344 | −0.037% | $1.4M | $1.2M | 10x | as long as short |
| Bitget XAUUSDT | +0.0100% | 4h | 4,345.8 | +0.006% | $67.3M | $112.7M | 100x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,342.9 | −0.062% | $273K | $203K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,345.5 | −0.002% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,345.1 | −0.011% | $47K | $69K | 25x | as long as short |
| edgeX XAUUSDC | +0.0112% | 4h | 4,341.5 | −0.093% | $30.2M | $57.5M | 50x | as long as short |
| HTX XAU-USDT | +0.0127% | 4h | 4,349.2 | +0.083% | $2.8M | $3.7M | 75x | as long as short |
| RISEx XAU/USDC | +0.0190% | 1h | 4,346 | +0.010% | $3.5M | $12.5M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0242% | 8h | 4,345.9 | +0.007% | $157.7M | $271.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0327% | 4h | 4,345.8 | +0.004% | $14.8M | $4.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0333% | 1h | 4,343.3 | −0.052% | $587K | $114K | 25x | as long as short |
| Phemex XAUUSDT | +0.0383% | 4h | 4,348.7 | +0.072% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0495% / S −0.0311% | 1h | 4,345.7 | +0.004% | $251K | — | 29x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0695% | 1h | 4,343.2 | −0.055% | $221K | $893K | 25x | as long as short |
Variational Omni XAU
Binance XAUUSDT
Bluefin GOLD-PERP
Aster XAUUSD1
Bybit XAUUSDT
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
GRVT XAU_USDT_Perp
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
Bullet GOLD-USD
StandX XAU-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
MEXC XAU_USDT
Pacifica XAU
Bitget XAUUSDT
ApeX Omni XAUUSDT
Phoenix GOLD
edgeX XAUUSDC
HTX XAU-USDT
RISEx XAU/USDC
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
Deribit GOLD_USDC-PERPETUAL