Funding you earn now, next payment 00:00 UTC−0.0108%/8h= −11.9% APRpaid last 24h −0.007%
Price spread now: Injective against Variational Omni−0.164%76s7-day average +0.134% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)+0.407%+$41 · spread now −0.164%, 7d avg +0.134%
=Together, before fees+0.382%+ Points / potential airdropVariational Omni: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 0.298% cheaper against Variational Omni than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.134%). Swap the legs. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAUT | 4,356.9 | 0.0054 | pay 0.0027% / 4h | 23m 56s | $33.2M | $3.3M | — |
| Short | Injective XAUT/USDC PERP | 4,349.8 | −0.0055 | pay 0.0007% / 1h | 23m 56s | $8K | $149K | 30x |
Variational Omni XAUT
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$22.77
- Price spread: −0.164% → +0.134%
- −$29.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$52.56
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Injective: no order-book sample. 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, just now | 2.82 bp | doesn't fit | 3.5 bp −$35 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0153% | 1h | 4,359.1 | +0.049% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0114% | 4h | 4,360.1 | +0.071% | $26.2M | $15.0M | 75x | as long as short |
| Injective XAUT/USDC PERPshort | −0.0055% | 1h | 4,349.8 | −0.164% | $8K | $149K | 30x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,361.5 | +0.104% | $131.7M | $8.0M | 100x | as long as short |
| Bybit XAUTUSDT | +0.0044% | 4h | 4,359.8 | +0.065% | $120.8M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0046% | 4h | 4,359.7 | +0.063% | $342.5M | $278.8M | 1000x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,360.5 | +0.082% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUTlong | +0.0054% | 4h | 4,356.9 | long leg | $33.2M | $3.3M | — | |
| Nado XAUT-PERP | +0.0100% | 1h | 4,357.6 | +0.015% | $4.2M | $994K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,360.6 | +0.085% | $35.5M | $46.3M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Bybit XAUTUSDT
MEXC XAUT_USDT
SoDEX XAUT-USD
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,362.4 | +0.124% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,360.5 | +0.081% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,357.7 | +0.018% | $553 | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,359.1 | +0.049% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,360.3 | +0.076% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,365.5 | +0.195% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,356 | −0.022% | $1.9M | $232K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,359.8 | +0.066% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,362.3 | +0.123% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0184% | 4h | 4,357.5 | +0.013% | $1.7M | $1.7M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT