Funding you earn now, next payment 10:00 UTC−0.0079%/8h= −8.6% APRpaid last 24h −0.005%
Price spread now: Coinbase International against Variational Omni−0.118%7-day average −0.087% · 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)+0.424%+$42 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.118%, 7d avg −0.087%
=Together, before fees+0.480%+ Points / potential airdropVariational Omni: Active · farm board+$48 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 Coinbase International is 0.030% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.087%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.424%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAU | 4,338.5 | 0.0079 | pay 0.0039% / 4h | 1h 46m | $47.3M | $29.2M | — |
| Short | Coinbase International GOLD-PERP-INTX | 4,333.4 | 0 | get 0.0000% / 1h | 46m 52s | $2.1M | $5.3M | 25x |
Variational Omni XAU
Coinbase International GOLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$16.56
- Price spread: −0.118% → −0.087%
- −$3.04
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$29.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Coinbase International: 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, just now | 1.56 bp | doesn't fit | 1.6 bp −$16 | 4.6 bp −$455 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 0.12 bp | 5.1 bp −$5 | 7.8 bp −$78 | doesn't fit | doesn't fit |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −3.0304% | 1h | 4,318.3 | −0.466% | $32K | — | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0059% | 1h | 4,331.1 | −0.171% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,340.7 | +0.051% | $92K | $5.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | 0.0000% | 1h | 4,333.4 | −0.118% | $2.1M | $5.3M | 25x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,333.5 | −0.116% | $304K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.275% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,338.4 | −0.003% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,336.5 | −0.046% | $6.7M | $3.2M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,370.3 | +0.733% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,334.2 | −0.099% | $292.6M | $51.5M | 25x | as long as short |
Hotstuff GOLD-PERP
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,333.1 | −0.125% | $15.1M | $59.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0054% | 8h | 4,336.9 | −0.036% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,337.6 | −0.022% | $72.4M | $276.0M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0064% | 1h | 4,336.1 | −0.056% | $4.3M | $1.7M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0073% | 1h | 4,335.2 | −0.076% | $135K | $707K | 25x | as long as short |
| Variational Omni XAUlong | +0.0079% | 4h | 4,338.5 | long leg | $47.3M | $29.2M | — | |
| Lighter XAU | +0.0080% | 1h | 4,336.3 | −0.050% | $20.2M | $30.4M | 25x | as long as short |
| Gate XAU_USDT | +0.0082% | 4h | 4,337.9 | −0.014% | $298.6M | $444.2M | 100x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,338.6 | +0.003% | $19.7M | $39.9M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0096% | 4h | 4,337.9 | −0.014% | $1.4M | $3.1M | 25x | as long as short |
| Binance XAUUSDT | +0.0097% | 4h | 4,336.3 | −0.051% | $442.8M | $2.43B | 100x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,336.4 | −0.048% | $368.1M | $352.5M | 1000x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,333.2 | −0.122% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,336.2 | −0.054% | $285K | $223K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,335.9 | −0.059% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0118% | 4h | 4,335.5 | −0.070% | $30.3M | $67.5M | 50x | as long as short |
| Extended XAU-USD | +0.0120% | 1h | 4,333.2 | −0.123% | $12.5M | $34.7M | 25x | as long as short |
| Bybit XAUUSDT | +0.0121% | 4h | 4,337.7 | −0.020% | $82.4M | $172.6M | 150x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,334.2 | −0.099% | $43K | $71K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0137% | 24h | 4,338.7 | +0.004% | $3.5M | $51.1M | 15x | as long as short |
| Bullet GOLD-USD | +0.0167% | 1h | 4,336.9 | −0.037% | $59K | $76K | 10x | as long as short |
| RISEx XAU/USDC | +0.0205% | 1h | 4,337.9 | −0.014% | $4.7M | $13.2M | 25x | as long as short |
| Phemex XAUUSDT | +0.0214% | 4h | 4,339.6 | +0.026% | $2.3M | $784K | 100x | as long as short |
| Bitget XAUUSDT | +0.0214% | 4h | 4,336.5 | −0.047% | $72.8M | $139.6M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0238% | 8h | 4,337.9 | −0.014% | $170.8M | $361.8M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0253% | 1h | 4,333.8 | −0.109% | $584K | $169K | 25x | as long as short |
| BloFin XAU-USDT | +0.0338% | 4h | 4,337.1 | −0.033% | $16.3M | $5.3M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0461% / S −0.0308% | 1h | 4,336.9 | −0.037% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1085% | 4h | 4,344.4 | +0.136% | $3.2M | $7.1M | 75x | as long as short |
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
Aster XAUUSD1
Polymarket Perps GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Lighter XAU
Gate XAU_USDT
Lighter RH XAU
GRVT XAU_USDT_Perp
Binance XAUUSDT
MEXC XAU_USDT
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Extended XAU-USD
Bybit XAUUSDT
Phoenix GOLD
Kalshi KXGOLDPERP
Bullet GOLD-USD
RISEx XAU/USDC
Phemex XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT