Funding you earn now, next payment 12:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.028%
Price spread now: SunX against Variational Omni+0.016%7-day average +0.106% · 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)−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now +0.016%, 7d avg +0.106%
=Together, before fees+0.124%+ Points / potential airdropVariational Omni: Active · farm board+$12 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 SunX is 0.090% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.106%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAU | 4,326.7 | 0.0094 | pay 0.0047% / 4h | 2h 54m | $47.1M | $29.9M | — |
| Short | SunX XAU-USDT | 4,327.4 | 0 | get 0.0000% / 4h | 2h 54m | $92K | $6.5M | 20x |
Variational Omni XAU
SunX XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$19.83
- Price spread: +0.016% → +0.106%
- −$9.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$36.86
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; SunX: 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, 5 min ago | 1.55 bp | doesn't fit | 1.5 bp −$15 | 6.0 bp −$600 | doesn't fit |
| Sell SunX live order book, 5 min ago | 23.55 bp | 29.5 bp −$30 | 47.0 bp −$470 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDTshort | 0.0000% | 4h | 4,327.4 | +0.016% | $92K | $6.5M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,330.7 | +0.092% | $275K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0024% | 1h | 4,319.5 | −0.166% | $2.0M | $5.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.549% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,321.5 | −0.120% | $6.6M | $3.0M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,328.5 | +0.042% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.4 | +0.664% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.9 | −0.157% | $291.8M | $54.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,318.2 | −0.196% | $15.1M | $57.4M | 25x | as long as short |
| RISEx XAU/USDC | +0.0056% | 1h | 4,323.3 | −0.079% | $4.6M | $13.5M | 25x | as long as short |
gTrade (Gains Network) XAU/USD
Coinbase International GOLD-PERP-INTX
Injective XAU/USDC PERP
QFEX GOLD-USD
StandX XAU-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
RISEx XAU/USDCShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0058% | 8h | 4,321.6 | −0.117% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,324.7 | −0.047% | $74.3M | $273.2M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0080% | 1h | 4,319.7 | −0.161% | $32K | — | 25x | as long as short |
| Variational Omni XAUlong | +0.0094% | 4h | 4,326.7 | long leg | $47.1M | $29.9M | — | |
| Phoenix GOLD | +0.0095% | 1h | 4,328.1 | +0.033% | $43K | $72K | 25x | as long as short |
| Extended XAU-USD | +0.0096% | 1h | 4,318.7 | −0.184% | $12.7M | $35.7M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319.1 | −0.175% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,327.6 | +0.021% | $284K | $232K | 50x | as long as short |
| Lighter XAU | +0.0104% | 1h | 4,322.3 | −0.102% | $20.1M | $29.4M | 25x | as long as short |
| Gate XAU_USDT | +0.0106% | 4h | 4,325 | −0.040% | $302.2M | $430.2M | 100x | as long as short |
| Lighter RH XAU | +0.0112% | 1h | 4,324.8 | −0.043% | $19.8M | $38.6M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,320.3 | −0.147% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,323.4 | −0.076% | $351.9M | $348.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0116% | 4h | 4,323.3 | −0.077% | $435.2M | $2.37B | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0119% | 1h | 4,322.6 | −0.094% | $4.3M | $1.7M | 20x | as long as short |
| Kalshi KXGOLDPERP | +0.0121% | 24h | 4,324 | −0.062% | $3.5M | $48.7M | 15x | as long as short |
| edgeX XAUUSDC | +0.0123% | 4h | 4,325.6 | −0.026% | $30.2M | $65.1M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0130% | 4h | 4,329.2 | +0.058% | $1.4M | $3.0M | 25x | as long as short |
| Bybit XAUUSDT | +0.0145% | 4h | 4,324.7 | −0.046% | $81.5M | $170.5M | 150x | as long as short |
| Bullet GOLD-USD | +0.0190% | 1h | 4,322.9 | −0.088% | $58K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0196% | 4h | 4,323.3 | −0.078% | $71.5M | $133.0M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0236% | 1h | 4,321.4 | −0.122% | $134K | $784K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0244% | 8h | 4,324.2 | −0.057% | $170.6M | $356.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0356% | 4h | 4,325 | −0.039% | $16.2M | $5.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0412% | 1h | 4,320.2 | −0.149% | $581K | $150K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0306% | 1h | 4,324.8 | −0.044% | $252K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0474% | 4h | 4,327.6 | +0.022% | $2.2M | $961K | 100x | as long as short |
| HTX XAU-USDT | +0.1111% | 4h | 4,330.9 | +0.098% | $3.2M | $7.0M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.3386% | 1h | 4,316.7 | −0.231% | $25K | $1K | 20x | as long as short |
Paradex XAU-USD-PERP
Aster XAUUSD1
Hotstuff GOLD-PERP
Phoenix GOLD
Extended XAU-USD
Pacifica XAU
ApeX Omni XAUUSDT
Lighter XAU
Gate XAU_USDT
Lighter RH XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
Polymarket Perps GOLD-USD
Kalshi KXGOLDPERP
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP