Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.017%
Price spread now: Variational Omni against Orderly−0.065%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.065% cheaper against Orderly than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XAUT_USDC_mythos | 4,349 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $267 | $17K | 10x |
| Short | Variational Omni XAUT | 4,346.2 | 0.0070 | get 0.0035% / 4h | 1h 56m | $33.0M | $3.5M | — |
Orderly PERP_XAUT_USDC_mythos
Variational Omni XAUTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- −$6.26
- Price spread: −0.065% → 0.000%
- −$6.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$18.72
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 2.83 bp | doesn't fit | 4.3 bp −$43 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAUT on 19 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 | −0.0291% | 1h | 4,348.2 | −0.018% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0038% | 4h | 4,347.9 | −0.025% | $25.9M | $15.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,350.7 | +0.039% | $130.2M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.018% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,350.6 | +0.037% | $10.2M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0060% | 4h | 4,348.5 | −0.011% | $339.4M | $275.1M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0061% | 4h | 4,348.1 | −0.021% | $120.5M | $27.6M | 75x | as long as short |
| Variational Omni XAUTshort | +0.0070% | 4h | 4,346.2 | −0.065% | $33.0M | $3.5M | — | |
| Binance XAUTUSDT | +0.0096% | 4h | 4,348.4 | −0.014% | $35.2M | $46.6M | 75x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,347.3 | −0.038% | $272K | $213K | 25x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
Binance XAUTUSDT
Extended XAUT-USDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0098% | 4h | 4,349.1 | +0.002% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,348.7 | −0.007% | $4.2M | $997K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,350.7 | +0.039% | $11.3M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,347.9 | −0.026% | $735 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythoslong | +0.0100% | 4h | 4,349 | long leg | $267 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,350.7 | +0.039% | $1.9M | $269K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,354.6 | +0.128% | $2K | $3.5M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,347.5 | −0.034% | $1.8M | $243K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0187% | 1h | 4,352.4 | +0.078% | $5.7M | $4.4M | 50x | as long as short |
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD