Funding you earn now, next payment 12:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against Variational Omni+0.011%7-day average +0.003% · 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)+0.004%$0 on $10k
+Price spread, last 7 days+0.003%$0 · spread now +0.011%, 7d avg +0.003%
=Together, before fees+0.007%+ 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 +0.003%, 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 | 4,322.8 | 0.0090 | pay 0.0045% / 4h | 2h 15m | $47.1M | $29.3M | — |
| Short | MEXC XAU_USDT | 4,323.3 | 0.0112 | get 0.0056% / 4h | 2h 15m | $359.0M | $360.3M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $4.7
- Price spread: +0.011% → +0.003%
- $0.76
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $1.46
- Costs to cover
- 0.040%
- Break-even
- 4.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 1.55 bp | doesn't fit | 1.6 bp −$16 | 5.2 bp −$516 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.04 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.2 bp −$221 | 19.2 bp −$9,592 |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,327.7 | +0.112% | $92K | $6.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,318.9 | −0.091% | $274K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0024% | 1h | 4,319.9 | −0.067% | $2.0M | $5.1M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.639% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,322.8 | 0.000% | $6.7M | $3.2M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0040% | 1h | 4,320.9 | −0.044% | $32K | — | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,323.1 | +0.007% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,356.3 | +0.775% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,320.4 | −0.055% | $291.7M | $52.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,320.3 | −0.058% | $15.0M | $57.5M | 25x | as long as short |
Show all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,323.4 | +0.015% | $2K | $13K | 5x | as long as short |
| RISEx XAU/USDC | +0.0056% | 1h | 4,324.5 | +0.040% | $4.7M | $13.5M | 25x | as long as short |
| Aster XAUUSD1 | +0.0069% | 4h | 4,325.3 | +0.058% | $73.6M | $274.4M | 20x | as long as short |
| Phoenix GOLD | +0.0076% | 1h | 4,318.8 | −0.092% | $43K | $72K | 25x | as long as short |
| Gate XAU_USDT | +0.0086% | 4h | 4,325.4 | +0.061% | $300.7M | $445.3M | 100x | as long as short |
| Variational Omni XAUlong | +0.0090% | 4h | 4,322.8 | long leg | $47.1M | $29.3M | — | |
| Lighter XAU | +0.0096% | 1h | 4,322.5 | −0.006% | $20.2M | $30.0M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319.7 | −0.072% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.4 | −0.080% | $283K | $223K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,317.9 | −0.114% | $25K | $1K | 20x | as long as short |
| MEXC XAU_USDTshort | +0.0112% | 4h | 4,323.3 | +0.011% | $359.0M | $360.3M | 1000x | |
| Aevo XAU-PERP | +0.0112% | 1h | 4,322.6 | −0.005% | $160K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0113% | 4h | 4,323.3 | +0.011% | $440.3M | $2.37B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0114% | 4h | 4,321.4 | −0.033% | $1.4M | $3.0M | 25x | as long as short |
| Bybit XAUUSDT | +0.0116% | 4h | 4,324.4 | +0.038% | $80.6M | $170.9M | 150x | as long as short |
| edgeX XAUUSDC | +0.0118% | 4h | 4,316.6 | −0.143% | $30.2M | $66.4M | 50x | as long as short |
| Kalshi KXGOLDPERP | +0.0131% | 24h | 4,325 | +0.051% | $3.5M | $49.7M | 15x | as long as short |
| Polymarket Perps GOLD-USD | +0.0136% | 1h | 4,323.5 | +0.016% | $4.3M | $1.7M | 20x | as long as short |
| Extended XAU-USD | +0.0144% | 1h | 4,319.4 | −0.079% | $12.7M | $34.9M | 25x | as long as short |
| Lighter RH XAU | +0.0152% | 1h | 4,325.4 | +0.060% | $19.8M | $40.4M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0167% | 1h | 4,321.4 | −0.032% | $135K | $788K | 25x | as long as short |
| Bullet GOLD-USD | +0.0200% | 1h | 4,323.5 | +0.016% | $59K | $76K | 10x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,323.6 | +0.017% | $74.0M | $134.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0244% | 8h | 4,324.7 | +0.044% | $170.6M | $353.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0353% | 4h | 4,323.3 | +0.013% | $16.2M | $5.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0412% | 1h | 4,320.3 | −0.058% | $581K | $165K | 25x | as long as short |
| Phemex XAUUSDT | +0.0415% | 4h | 4,325.5 | +0.062% | $2.2M | $783K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0458% / S −0.0306% | 1h | 4,324.1 | +0.031% | $252K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1127% | 4h | 4,331.3 | +0.197% | $3.2M | $7.0M | 75x | as long as short |
Variational Omni XAU
MEXC XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Coinbase International GOLD-PERP-INTX
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
RISEx XAU/USDC
Aster XAUUSD1
Phoenix GOLD
Gate XAU_USDT
Lighter XAU
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Binance XAUUSDT
GRVT XAU_USDT_Perp
Bybit XAUUSDT
edgeX XAUUSDC
Kalshi KXGOLDPERP
Polymarket Perps GOLD-USD
Extended XAU-USD
Lighter RH XAU
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT