Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against KuCoin−0.061%7-day average −0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.059%−$6 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.061%, 7d avg −0.032%
=Together, before fees−0.033%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.030% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,321.2 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $11.6M | $3.1M | 75x |
| Short | Variational Omni XAUT | 4,318.6 | 0.0024 | get 0.0012% / 4h | 1h 21m | $32.9M | $3.3M | — |
KuCoin XAUTUSDTM
Variational Omni XAUTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$15.96
- Price spread: −0.061% → −0.032%
- −$2.96
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.91
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 7 min ago; Variational Omni: RFQ quote, 3 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 KuCoin live order book, 7 min ago | 0.01 bp | 7.1 bp −$7 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.84 bp | doesn't fit | 3.6 bp −$36 | doesn't fit | doesn't fit |
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 | −0.0234% | 1h | 4,319.6 | −0.039% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0030% | 4h | 4,319.7 | −0.035% | $25.5M | $17.0M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,321.2 | −0.001% | $130.5M | $8.7M | 100x | as long as short |
| Variational Omni XAUTshort | +0.0024% | 4h | 4,318.6 | −0.061% | $32.9M | $3.3M | — | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.661% | $8K | $149K | 30x | as long as short |
| MEXC XAUT_USDT | +0.0036% | 4h | 4,319.4 | −0.043% | $361.3M | $281.2M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0039% | 4h | 4,319.6 | −0.038% | $119.2M | $30.8M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,317.8 | −0.080% | $10.1M | $2.1M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,319.7 | −0.036% | $4.2M | $938K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,319.8 | −0.034% | $35.4M | $47.5M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
MEXC XAUT_USDT
Bybit XAUTUSDT
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 XAUTUSDTMlong | +0.0100% | 4h | 4,321.2 | long leg | $11.6M | $3.1M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,319.4 | −0.043% | — | $18.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,319.3 | −0.046% | $631 | $112K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,319.1 | −0.050% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,320 | −0.030% | $1.8M | $367K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,323.8 | +0.058% | $3K | $3.2M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,317.3 | −0.091% | $1.8M | $251K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,318.7 | −0.058% | $267K | $214K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0128% | 4h | 4,319.1 | −0.050% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0230% | 1h | 4,320.6 | −0.015% | $5.7M | $4.9M | 50x | as long as short |
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD