Funding you earn now, next payment 12:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.014%
Price spread now: Variational Omni against Vest−0.710%7-day average −0.826% · 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)+0.018%+$2 on $10k
+Price spread, last 7 days−0.121%−$12 · spread now −0.710%, 7d avg −0.826%
=Together, before fees−0.102%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.117% dearer against Vest than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.826%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,358.8 | 0.0046 | pay 0.0006% / 1h | 58m 07s | — | $1.0M | 25x |
| Short | Variational Omni XAU | 4,327.9 | 0.0066 | get 0.0033% / 4h | 58m 07s | $47.2M | $27.9M | — |
Vest GC-PERP
Variational Omni XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Vest. 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
- $4.34
- Price spread: −0.710% → −0.826%
- $11.67
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $14.02
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 1.55 bp | doesn't fit | 2.1 bp −$21 | 5.4 bp −$536 | doesn't fit |
Vest: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOLD-PERP-INTX | −0.0032% | 1h | 4,321.5 | −0.856% | $2.1M | $5.0M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,329.7 | −0.667% | $92K | $5.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0002% | 1h | 4,321.6 | −0.853% | $307K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.192% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,326.5 | −0.741% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,324.6 | −0.785% | $6.7M | $3.3M | 20x | as long as short |
| Aster XAUUSD1 | +0.0042% | 4h | 4,326.1 | −0.750% | $71.5M | $276.6M | 20x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,358.8 | long leg | — | $1.0M | 25x | |
| Hotstuff GOLD-PERP | +0.0048% | 1h | 4,325 | −0.775% | $35K | $3K | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,321.8 | −0.850% | $15.2M | $59.3M | 25x | as long as short |
Coinbase International GOLD-PERP-INTX
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Aster XAUUSD1
Hotstuff GOLD-PERP
Ondo Perps XAU-USD.PShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,324.7 | −0.783% | $2K | $13K | 5x | as long as short |
| RISEx XAU/USDC | +0.0062% | 1h | 4,326.1 | −0.751% | $4.7M | $13.3M | 25x | as long as short |
| Variational Omni XAUshort | +0.0066% | 4h | 4,327.9 | −0.710% | $47.2M | $27.9M | — | |
| Gate XAU_USDT | +0.0068% | 4h | 4,326.6 | −0.740% | $299.1M | $430.7M | 100x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,324.4 | −0.789% | $20.1M | $29.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0080% | 4h | 4,325.2 | −0.771% | $365.3M | $347.2M | 1000x | as long as short |
| Binance XAUUSDT | +0.0081% | 4h | 4,324.5 | −0.788% | $441.1M | $2.42B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0090% | 4h | 4,329.2 | −0.678% | $1.4M | $3.1M | 25x | as long as short |
| edgeX XAUUSDC | +0.0091% | 4h | 4,325.9 | −0.754% | $30.2M | $66.7M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,323.7 | −0.805% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,325.8 | −0.758% | $287K | $227K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,321.5 | −0.855% | $25K | $1K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,324.5 | −0.787% | $160K | $87 | 10x | as long as short |
| tradeXYZ xyz:GOLD | +0.0104% | 1h | 4,323 | −0.821% | $292.0M | $51.9M | 25x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,326.6 | −0.739% | $19.5M | $38.8M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,327.4 | −0.720% | $43K | $71K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0145% | 24h | 4,326.6 | −0.739% | $3.5M | $51.5M | 15x | as long as short |
| Bybit XAUUSDT | +0.0154% | 4h | 4,325.4 | −0.765% | $83.0M | $166.9M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0190% | 1h | 4,323.7 | −0.805% | $135K | $659K | 25x | as long as short |
| Extended XAU-USD | +0.0192% | 1h | 4,321.4 | −0.858% | $12.5M | $34.2M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0197% | 1h | 4,322.9 | −0.823% | $582K | $166K | 25x | as long as short |
| Bitget XAUUSDT | +0.0198% | 4h | 4,325.7 | −0.759% | $73.0M | $140.4M | 100x | as long as short |
| Phemex XAUUSDT | +0.0201% | 4h | 4,328.4 | −0.698% | $2.3M | $733K | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0223% | 1h | 4,325.6 | −0.762% | $4.3M | $1.7M | 20x | as long as short |
| Bullet GOLD-USD | +0.0225% | 1h | 4,325.9 | −0.755% | $59K | $77K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0226% | 8h | 4,325.2 | −0.771% | $170.9M | $361.3M | 100x | as long as short |
| BloFin XAU-USDT | +0.0322% | 4h | 4,327.3 | −0.724% | $16.5M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0426% / S −0.0258% | 1h | 4,326 | −0.753% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1028% | 4h | 4,332.5 | −0.604% | $3.2M | $7.1M | 75x | as long as short |
Paradex XAU-USD-PERP
RISEx XAU/USDC
Gate XAU_USDT
Lighter XAU
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Aevo XAU-PERP
tradeXYZ xyz:GOLD
Lighter RH XAU
Phoenix GOLD
Kalshi KXGOLDPERP
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Extended XAU-USD
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Phemex XAUUSDT
Polymarket Perps GOLD-USD
Bullet GOLD-USD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT