Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against Variational Omni+0.039%7-day average +0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.035%−$3 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.039%, 7d avg +0.032%
=Together, before fees−0.014%+ 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 +0.032%, so right now this pair is about funding alone: −$1 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 | 4,341.1 | 0.0083 | pay 0.0041% / 4h | 3h 55m | $48.4M | $27.6M | — |
| Short | Gate XAU_USDT | 4,342.8 | 0.0058 | get 0.0029% / 4h | 3h 55m | $266.9M | $408.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.21
- Price spread: +0.039% → +0.032%
- $0.65
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$19.56
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Gate: live order book, 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 Variational Omni RFQ quote, 3 min ago | 1.54 bp | doesn't fit | 1.5 bp −$15 | 4.0 bp −$396 | doesn't fit |
| Sell Gate live order book, 3 min ago | 0.01 bp | 7.5 bp −$8 | 8.9 bp −$89 | 13.1 bp −$1,310 | 14.3 bp −$7,161 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,337.9 | −0.074% | $33K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,346 | +0.114% | $92K | $8.8M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,337.4 | −0.085% | $271K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0005% | 1h | 4,340 | −0.026% | $3.5M | $12.3M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,336.7 | −0.101% | $13.2M | $38.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.215% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,342.3 | +0.028% | $20.1M | $39.0M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,345 | +0.090% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,339.5 | −0.037% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,374.3 | +0.765% | — | $1.0M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,338.5 | −0.060% | $293.4M | $48.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0050% | 24h | 4,337.6 | −0.081% | $4.3M | $37.4M | 15x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,337 | −0.095% | $15.1M | $56.7M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,339.3 | −0.041% | $2.1M | $4.8M | 25x | as long as short |
| Gate XAU_USDTshort | +0.0058% | 4h | 4,342.8 | +0.039% | $266.9M | $408.9M | 100x | |
| Lighter XAU | +0.0064% | 1h | 4,340 | −0.025% | $20.8M | $34.3M | 25x | as long as short |
| Aster XAUUSD1 | +0.0071% | 4h | 4,341.9 | +0.019% | $71.3M | $332.5M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0081% | 8h | 4,339.8 | −0.029% | $19K | $5K | 5x | as long as short |
| Variational Omni XAUlong | +0.0083% | 4h | 4,341.1 | long leg | $48.4M | $27.6M | — | |
| MEXC XAU_USDT | +0.0094% | 4h | 4,341.2 | +0.003% | $369.6M | $316.5M | 1000x | as long as short |
| Binance XAUUSDT | +0.0096% | 4h | 4,341.1 | +0.001% | $413.7M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0099% | 4h | 4,342.1 | +0.024% | $30.2M | $57.9M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,337.1 | −0.092% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,342.9 | +0.042% | $274K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,335 | −0.141% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,340.1 | −0.024% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,342.5 | +0.032% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0204% | 1h | 4,341.4 | +0.007% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0207% | 1h | 4,341.9 | +0.018% | $59K | $82K | 10x | as long as short |
| Bybit XAUUSDT | +0.0219% | 4h | 4,342.3 | +0.027% | $85.0M | $145.3M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0234% | 1h | 4,339.7 | −0.032% | $205K | $825K | 25x | as long as short |
| Bitget XAUUSDT | +0.0238% | 4h | 4,341.6 | +0.010% | $71.0M | $109.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,338.4 | −0.063% | $592K | $132K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0306% | 4h | 4,345.5 | +0.101% | $1.4M | $2.9M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0308% | 8h | 4,342.7 | +0.037% | $165.7M | $281.7M | 100x | as long as short |
| BloFin XAU-USDT | +0.0341% | 4h | 4,342.9 | +0.040% | $15.6M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0424% / S −0.0248% | 1h | 4,341.9 | +0.018% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0575% | 4h | 4,345.7 | +0.107% | $2.8M | $4.6M | 75x | as long as short |
| Phemex XAUUSDT | +0.1160% | 4h | 4,344.8 | +0.086% | $2.2M | $967K | 100x | as long as short |
Variational Omni XAU
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
Lighter XAU
Aster XAUUSD1
Paradex XAU-USD-PERP
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Kraken Futures PF_XAUUSD
GRVT XAU_USDT_Perp
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT
Phemex XAUUSDT