Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against Variational Omni+0.021%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 3 days (all we have)−0.035%−$3 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now +0.021%, 7d avg +0.032%
=Together, before fees+0.004%+ 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 +0.032%, so right now this pair is about funding alone: −$2 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 | 4,348.9 | 0.0079 | pay 0.0039% / 4h | 38m 36s | $48.4M | $27.7M | — |
| Short | Gate XAU_USDT | 4,349.8 | 0.0012 | get 0.0006% / 4h | 38m 36s | $267.8M | $411.0M | 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
- −$14
- Price spread: +0.021% → +0.032%
- −$1.14
- 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
- −$30.15
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 5 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 | 1.5 bp −$15 | 3.3 bp −$327 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.01 bp | 7.5 bp −$8 | 8.4 bp −$84 | 12.7 bp −$1,269 | 14.3 bp −$7,129 |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,348.8 | −0.002% | $3.4M | $12.3M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,352.7 | +0.088% | $92K | $9.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,344.1 | −0.112% | $271K | — | 250x | as long as short |
| Gate XAU_USDTshort | +0.0012% | 4h | 4,349.8 | +0.021% | $267.8M | $411.0M | 100x | |
| Lighter XAU | +0.0032% | 1h | 4,347.7 | −0.027% | $20.8M | $37.8M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,345.1 | −0.088% | $13.3M | $38.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.035% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,349.8 | +0.020% | $20.1M | $39.2M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,349.3 | +0.009% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,348.4 | −0.012% | $5.7M | $2.0M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | +0.0044% | 24h | 4,346.5 | −0.055% | $4.2M | $37.1M | 15x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,382.2 | +0.766% | — | $1.1M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,345.7 | −0.074% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,345.7 | −0.074% | $293.9M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,345.5 | −0.078% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0065% | 4h | 4,349.7 | +0.019% | $71.0M | $333.7M | 20x | as long as short |
| Variational Omni XAUlong | +0.0079% | 4h | 4,348.9 | long leg | $48.4M | $27.7M | — | |
| GRVT XAU_USDT_Perp | +0.0086% | 4h | 4,349.1 | +0.005% | $1.4M | $3.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0086% | 8h | 4,348.8 | −0.001% | $19K | $5K | 5x | as long as short |
| MEXC XAU_USDT | +0.0092% | 4h | 4,349 | +0.003% | $372.2M | $317.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0095% | 4h | 4,349.3 | +0.008% | $414.4M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,345.3 | −0.082% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,345.6 | −0.077% | $275K | $203K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,347.6 | −0.031% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0105% | 4h | 4,345 | −0.090% | $30.2M | $58.2M | 50x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,346.8 | −0.048% | $47K | $77K | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0144% | 1h | 4,345.7 | −0.074% | $33K | — | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0156% | 1h | 4,348.8 | −0.002% | $4.3M | $1.9M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,345.3 | −0.082% | $593K | $133K | 25x | as long as short |
| Phemex XAUUSDT | +0.0209% | 4h | 4,351.5 | +0.059% | $2.2M | $967K | 100x | as long as short |
| Bullet GOLD-USD | +0.0209% | 1h | 4,348.6 | −0.006% | $60K | $82K | 10x | as long as short |
| Bitget XAUUSDT | +0.0234% | 4h | 4,349.6 | +0.017% | $70.0M | $109.1M | 100x | as long as short |
| Bybit XAUUSDT | +0.0238% | 4h | 4,350.5 | +0.037% | $85.1M | $144.8M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0256% | 1h | 4,346.6 | −0.053% | $243K | $788K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0283% | 8h | 4,350.4 | +0.034% | $165.6M | $281.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0343% | 4h | 4,348.5 | −0.009% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0413% / S −0.0229% | 1h | 4,348.1 | −0.018% | $248K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0551% | 1h | 4,342.6 | −0.146% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0629% | 4h | 4,353.6 | +0.107% | $2.9M | $4.3M | 75x | as long as short |
Variational Omni XAU
Gate XAU_USDT
RISEx XAU/USDC
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Aster XAUUSD1
GRVT XAU_USDT_Perp
Paradex XAU-USD-PERP
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT