Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against MEXC+0.014%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−0.025%−$3 · spread now +0.014%, 7d avg −0.003%
=Together, before fees−0.029%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAU_USDT | 4,322.3 | 0.0098 | pay 0.0049% / 4h | 1h 39m | $362.2M | $328.7M | 1000x |
| Short | Variational Omni XAU | 4,322.9 | 0.0093 | get 0.0046% / 4h | 1h 39m | $47.4M | $29.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$1.11
- Price spread: +0.014% → −0.003%
- $1.7
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.4
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 MEXC live order book, 4 min ago | 0.04 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.5 bp −$248 | 23.9 bp −$12.0K |
| Sell Variational Omni RFQ quote, 4 min ago | 1.54 bp | doesn't fit | 1.5 bp −$15 | 3.3 bp −$327 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0109% | 1h | 4,317.3 | −0.115% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,326.5 | +0.098% | $92K | $7.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,319.2 | −0.072% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0007% | 4h | 4,322.6 | +0.007% | $77.3M | $155.8M | 150x | as long as short |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,319.8 | −0.057% | $32K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,318.7 | −0.083% | $13.2M | $36.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.651% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,325.2 | +0.068% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,322 | −0.006% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.5 | +0.769% | — | $1.0M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.3 | −0.069% | $291.5M | $51.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,318.6 | −0.084% | $15.0M | $55.6M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,321.9 | −0.008% | $20.3M | $30.4M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,319.3 | −0.069% | $2.1M | $4.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0072% | 24h | 4,324.5 | +0.051% | $3.8M | $43.4M | 15x | as long as short |
| Aster XAUUSD1 | +0.0073% | 4h | 4,323.9 | +0.038% | $72.4M | $298.7M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0073% | 8h | 4,323.3 | +0.024% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0082% | 4h | 4,323.4 | +0.027% | $1.4M | $3.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0090% | 4h | 4,323.9 | +0.038% | $281.8M | $413.7M | 100x | as long as short |
| Variational Omni XAUshort | +0.0093% | 4h | 4,322.9 | +0.014% | $47.4M | $29.0M | — | |
| Lighter RH XAU | +0.0096% | 1h | 4,324.5 | +0.051% | $19.8M | $38.5M | 25x | as long as short |
| MEXC XAU_USDTlong | +0.0098% | 4h | 4,322.3 | long leg | $362.2M | $328.7M | 1000x | |
| Binance XAUUSDT | +0.0099% | 4h | 4,321.9 | −0.008% | $415.5M | $2.14B | 100x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,321 | −0.030% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319.7 | −0.060% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,320.4 | −0.045% | $272K | $208K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.1 | −0.004% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0110% | 4h | 4,318.5 | −0.088% | $30.0M | $61.4M | 50x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0153% | 1h | 4,320.2 | −0.048% | $584K | $134K | 25x | as long as short |
| Bullet GOLD-USD | +0.0179% | 1h | 4,322.8 | +0.013% | $59K | $82K | 10x | as long as short |
| RISEx XAU/USDC | +0.0184% | 1h | 4,325.3 | +0.070% | $4.2M | $12.8M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0207% | 1h | 4,322.8 | +0.012% | $4.3M | $1.9M | 20x | as long as short |
| HTX XAU-USDT | +0.0221% | 4h | 4,326.6 | +0.100% | $2.8M | $4.9M | 75x | as long as short |
| Bitget XAUUSDT | +0.0230% | 4h | 4,321.6 | −0.016% | $67.9M | $119.0M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0306% | 1h | 4,321.9 | −0.009% | $192K | $832K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0311% | 8h | 4,323 | +0.017% | $170.6M | $297.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,323.3 | +0.024% | $16.1M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0372% | 4h | 4,325.8 | +0.082% | $2.2M | $967K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0463% / S −0.0307% | 1h | 4,322.8 | +0.013% | $252K | — | 111x | as long as short |
MEXC XAU_USDT
Variational Omni XAU
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Lighter XAU
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
Aster XAUUSD1
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
Gate XAU_USDT
Lighter RH XAU
Binance XAUUSDT
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
edgeX XAUUSDC
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
RISEx XAU/USDC
Polymarket Perps GOLD-USD
HTX XAU-USDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]