Funding you earn now, next payment 01:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.040%
Price spread now: Variational Omni against gTrade (Gains Network)+0.091%7-day average +0.097% · 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)+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.091%, 7d avg +0.097%
=Together, before fees−0.013%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAU/USD | 4,356.4 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 23m 11s | $267K | — | 250x |
| Short | Variational Omni XAU | 4,360.4 | 0.0000 | get 0.0000% / 4h | 3h 23m | $47.8M | $28.1M | — |
gTrade (Gains Network) XAU/USD
Variational Omni XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against gTrade (Gains Network). 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
- −$0.44
- Price spread: +0.091% → +0.097%
- −$0.6
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.04
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 16 min ago; Variational Omni: RFQ quote, 1 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 gTrade (Gains Network) virtual book (oracle venue), 16 min ago | 130.01 bp | 133.5 bp −$134 | 196.7 bp −$1,967 | 1352.9 bp −$135.3K | 5907.8 bp −$2.95M |
| Sell Variational Omni RFQ quote, 1 min ago | 1.55 bp | doesn't fit | 2.1 bp −$21 | 3.4 bp −$336 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,360.2 | +0.086% | $71.0M | $200.4M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,361.4 | +0.115% | $266.3M | $416.6M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,355.9 | −0.012% | $4.0M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,363.6 | +0.165% | $93K | $10.2M | 20x | as long as short |
| Variational Omni XAUshort | 0.0000% | 4h | 4,360.4 | +0.091% | $47.8M | $28.1M | — | |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,356.4 | long leg | $267K | — | 250x | |
| edgeX XAUUSDC | +0.0022% | 4h | 4,355.1 | −0.030% | $30.3M | $60.4M | 50x | as long as short |
| MEXC XAU_USDT | +0.0022% | 4h | 4,360.1 | +0.084% | $372.9M | $328.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0023% | 4h | 4,360.7 | +0.098% | $411.7M | $2.15B | 100x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.138% | $619 | $54 | 52x | as long as short |
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
edgeX XAUUSDC
MEXC XAU_USDT
Binance XAUUSDT
Injective XAU/USDC PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAU-USD | +0.0040% | 1h | 4,362.4 | +0.137% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,356.7 | +0.006% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,393.8 | +0.858% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,358.3 | +0.043% | $3.4M | $12.3M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,357.3 | +0.020% | $293.8M | $51.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,354 | −0.056% | $14.7M | $57.2M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,358.5 | +0.047% | $48K | $64K | 25x | as long as short |
| Bitget XAUUSDT | +0.0058% | 4h | 4,360.3 | +0.088% | $69.1M | $113.9M | 100x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,359.1 | +0.062% | $20.6M | $44.1M | 25x | as long as short |
| Extended XAU-USD | +0.0080% | 1h | 4,356.2 | −0.006% | $13.5M | $43.8M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,358.3 | +0.043% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERP | +0.0088% | 1h | 4,359 | +0.059% | $161K | $87 | 10x | as long as short |
| BloFin XAU-USDT | +0.0091% | 4h | 4,361.9 | +0.125% | $15.5M | $4.5M | 100x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,361.4 | +0.113% | $20.2M | $41.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0096% | 1h | 4,355.3 | −0.026% | $33K | — | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,354.3 | −0.049% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,355 | −0.033% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,357.8 | +0.031% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,351.4 | −0.116% | $25K | $22K | 20x | as long as short |
| Bybit XAUUSDT | +0.0102% | 4h | 4,361 | +0.104% | $83.3M | $144.3M | 150x | as long as short |
| Polymarket Perps GOLD-USD | +0.0121% | 1h | 4,358.6 | +0.050% | $4.3M | $1.8M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0152% | 4h | 4,361.1 | +0.107% | $1.4M | $3.1M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0163% | 1h | 4,358.6 | +0.050% | $235K | $656K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0199% | 8h | 4,361.3 | +0.112% | $163.8M | $289.4M | 100x | as long as short |
| Bullet GOLD-USD | +0.0211% | 1h | 4,360.3 | +0.089% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,356.7 | +0.007% | $594K | $151K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0389% / S −0.0197% | 1h | 4,360.4 | +0.091% | $252K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0532% | 4h | 4,363.1 | +0.153% | $2.2M | $1.1M | 100x | as long as short |
| HTX XAU-USDT | +0.0575% | 4h | 4,363.4 | +0.159% | $2.9M | $3.9M | 75x | as long as short |
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Phoenix GOLD
Bitget XAUUSDT
Lighter XAU
Extended XAU-USD
Paradex XAU-USD-PERP
Aevo XAU-PERP
BloFin XAU-USDT
Lighter RH XAU
Hotstuff GOLD-PERP
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Bybit XAUUSDT
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT