XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.43 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni+0.022%7-day average +0.024% · you sell dearer than you buy

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

Long on Variational Omni Short on Bybit

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+0.003%$0 · spread now +0.022%, 7d avg +0.024%

Together, before fees0.000%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

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	Bybit XAUUSDT	4,346.6	0	get 0.0000% / 4h	2h 22m	$82.9M	$142.9M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$17.98
Price spread: +0.022% → +0.024%: −$0.12
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$29.1
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bybit: live order book, 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 Variational Omni RFQ quote, 1 min ago	1.54 bp	doesn't fit	1.6 bp −$16	8.4 bp −$842	doesn't fit
Sell Bybit live order book, 1 min ago	0.01 bp	5.5 bp −$6	7.2 bp −$72	11.2 bp −$1,123	38.9 bp −$19.4K

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	−0.0338%	1h	4,341.1	−0.102%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,346.6	+0.023%	$70.8M	$240.4M	20x	as long as short
Bybit XAUUSDTshort	0.0000%	4h	4,346.6	+0.022%	$82.9M	$142.9M	150x
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	4,343.9	−0.039%	$3.9M	$34.1M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,350.1	+0.104%	$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	4,344.9	−0.015%	$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	+0.0035%	1h	4,346	+0.009%	$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	4,382.2	+0.843%	—	$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	+0.012%	$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
Variational Omni XAUlong	+0.0086%	4h	4,345.6	long leg	$47.8M	$34.2M	—
Binance XAUUSDT	+0.0087%	4h	4,345.5	−0.001%	$412.4M	$2.09B	100x	as long as short
Hotstuff GOLD-PERP	+0.0088%	1h	4,342.9	−0.062%	$33K	—	25x	as long as short
MEXC XAU_USDT	+0.0090%	4h	4,345.5	−0.002%	$369.1M	$341.9M	1000x	as long as short
Pacifica XAU	+0.0100%	1h	4,343.9	−0.038%	$1.4M	$1.2M	10x	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	4,345.7	+0.002%	$161K	$87	10x	as long as short
Bitget XAUUSDT	+0.0106%	4h	4,345.8	+0.005%	$67.3M	$112.7M	100x	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	+0.0129%	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	+0.0244%	8h	4,345.9	+0.007%	$157.7M	$271.7M	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	+0.0382%	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	+0.0672%	1h	4,342.9	−0.062%	$221K	$893K	25x	as long as short