XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.020%

Price spread now: Variational Omni against Gate+0.091%7-day average −0.032% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 7 days−0.146%−$15 · spread now +0.091%, 7d avg −0.032%

Together, before fees−0.107%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.123% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAU_USDT	4,330.6	0.0060	pay 0.0030% / 4h	2h 03m	$270.1M	$420.0M	100x
Short	Variational Omni XAU	4,334.6	0.0101	get 0.0050% / 4h	2h 03m	$46.8M	$28.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now +0.091%Rate

Funding earned: $8.56
Price spread: +0.091% → −0.032%: $12.31
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $5.87
Costs to cover: 0.150%
Break-even: 2.2 days

Slippage unknown: Gate: live order book, 6 min ago; Variational Omni: RFQ quote, 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 Gate live order book, 6 min ago	0.01 bp	7.5 bp −$8	8.9 bp −$89	13.3 bp −$1,335	17.1 bp −$8,571
Sell Variational Omni RFQ quote, 1 min ago	1.55 bp	doesn't fit	1.7 bp −$17	5.3 bp −$529	doesn't fit

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
Bybit XAUUSDT	0.0000%	4h	4,329.5	−0.027%	$78.3M	$156.5M	150x	as long as short
SunX XAU-USDT	0.0000%	4h	4,333	+0.054%	$92K	$8.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,324.8	−0.135%	$271K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,325.1	−0.128%	$13.1M	$36.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.457%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,333.5	+0.066%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,329.8	−0.019%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,362.9	+0.745%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,330.1	−0.013%	$20.4M	$31.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,325.2	−0.126%	$291.7M	$51.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,326.8	−0.089%	$15.0M	$56.4M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,332.1	+0.033%	$3.8M	$12.5M	25x	as long as short
Gate XAU_USDTlong	+0.0060%	4h	4,330.6	long leg	$270.1M	$420.0M	100x
Hotstuff GOLD-PERP	+0.0064%	1h	4,328.8	−0.042%	$32K	—	25x	as long as short
Kalshi KXGOLDPERP	+0.0065%	24h	4,333	+0.054%	$3.9M	$42.3M	15x	as long as short
Paradex XAU-USD-PERP	+0.0069%	8h	4,330.9	+0.007%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0072%	1h	4,332.4	+0.041%	$19.9M	$39.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,326.6	−0.093%	$2.0M	$4.8M	25x	as long as short
Aster XAUUSD1	+0.0088%	4h	4,330.1	−0.013%	$72.3M	$329.7M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,336.1	+0.126%	$1.4M	$3.0M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,327.7	−0.068%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,330.6	−0.001%	$273K	$208K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,323.7	−0.160%	$25K	$14K	20x	as long as short
Variational Omni XAUshort	+0.0101%	4h	4,334.6	+0.091%	$46.8M	$28.7M	—
Binance XAUUSDT	+0.0104%	4h	4,328.7	−0.046%	$413.8M	$2.12B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,328.7	−0.046%	$160K	$87	10x	as long as short
MEXC XAU_USDT	+0.0106%	4h	4,329	−0.038%	$363.9M	$331.6M	1000x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,330.1	−0.011%	$30.1M	$60.5M	50x	as long as short
Phoenix GOLD	+0.0127%	1h	4,332.8	+0.050%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0157%	1h	4,328.7	−0.044%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0173%	1h	4,329.2	−0.033%	$4.2M	$2.0M	20x	as long as short
HTX XAU-USDT	+0.0216%	4h	4,334.8	+0.095%	$2.8M	$5.0M	75x	as long as short
Bitget XAUUSDT	+0.0244%	4h	4,328.5	−0.049%	$68.0M	$118.9M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0248%	1h	4,325.9	−0.108%	$589K	$130K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0282%	1h	4,327.6	−0.070%	$195K	$826K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0324%	8h	4,329.5	−0.026%	$170.4M	$297.1M	100x	as long as short
BloFin XAU-USDT	+0.0381%	4h	4,332.4	+0.040%	$16.0M	$4.5M	100x	as long as short
Phemex XAUUSDT	+0.0382%	4h	4,331	+0.007%	$2.2M	$962K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0305%	1h	4,328.7	−0.044%	$253K	—	111x	as long as short