Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.004%
Price spread now: Variational Omni against Binance−0.010%7-day average +0.005% · 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)−0.005%$0 on $10k
+Price spread, last 2 days (all we have)−0.009%−$1 · spread now −0.010%, 7d avg +0.005%
=Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAGUSDT | 66.569 | 0.0116 | pay 0.0058% / 4h | 3h 05m | $193.5M | $717.7M | 100x |
| Short | Variational Omni XAG | 66.563 | 0.0102 | get 0.0051% / 4h | 3h 05m | $5.6M | $9.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$2.94
- Price spread: −0.010% → +0.005%
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$14.44
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; 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 Binance live order book, 8 min ago | 0.75 bp | 5.8 bp −$6 | 6.1 bp −$61 | 9.5 bp −$947 | 23.2 bp −$11.6K |
| Sell Variational Omni RFQ quote, 3 min ago | 2.56 bp | doesn't fit | 2.7 bp −$27 | doesn't fit | doesn't fit |
XAG on 44 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.473 | −0.144% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.580 | +0.016% | $25.6M | $35.6M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.580 | +0.016% | $155.1M | $169.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.570 | +0.001% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.610 | +0.062% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.600 | +0.046% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.500 | −0.104% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.533 | −0.054% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.551 | −0.027% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.497 | −0.109% | $5.4M | $12.4M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.254% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.570 | +0.001% | $801K | $2.8M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.988 | +0.629% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.468 | −0.152% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.526 | −0.065% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.498 | −0.107% | $3K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.460 | −0.164% | $5.7M | $9.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.540 | −0.044% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.503 | −0.099% | $563K | $21.5M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0069% | 1h | 66.529 | −0.060% | $165.8M | $84.6M | 25x | as long as short |
| Aster XAGUSDT | +0.0094% | 4h | 66.567 | −0.004% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.489 | −0.120% | $474K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.520 | −0.074% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.480 | −0.134% | $126K | $24K | 50x | as long as short |
| Variational Omni XAGshort | +0.0102% | 4h | 66.563 | −0.010% | $5.6M | $9.9M | — | |
| Paradex XAG-USD-PERP | +0.0110% | 8h | 66.537 | −0.048% | $30K | $1K | 5x | as long as short |
| Aevo XAG-PERP | +0.0112% | 1h | 66.550 | −0.029% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0116% | 4h | 66.560 | −0.014% | $108.8M | $160.6M | 1000x | as long as short |
| Binance XAGUSDTlong | +0.0116% | 4h | 66.569 | long leg | $193.5M | $717.7M | 100x | |
| Lighter XAG | +0.0128% | 1h | 66.556 | −0.019% | $5.4M | $10.6M | 25x | as long as short |
| edgeX XAGUSDC | +0.0132% | 4h | 66.514 | −0.083% | $675K | $314K | 30x | as long as short |
| BloFin XAG-USDT | +0.0139% | 4h | 66.540 | −0.044% | $2.6M | $698K | 100x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.556 | −0.019% | $1.3M | $4.2M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0180% | 4h | 66.550 | −0.028% | $402K | $1.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.530 | −0.059% | $1.9M | $934K | 20x | as long as short |
| Nado XAG-PERP | +0.0187% | 1h | 66.510 | −0.089% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0190% | 4h | 66.570 | +0.001% | $24.6M | $47.5M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0194% | 8h | 66.570 | +0.001% | $28.0M | $66.8M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0204% | 1h | 66.505 | −0.097% | $80K | $39K | 10x | as long as short |
| Bullet SILVER-USD | +0.0248% | 1h | 66.571 | +0.004% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0264% | 1h | 66.509 | −0.090% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.565 | −0.006% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0488% | 1h | 66.533 | −0.054% | $765K | $564K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0502% | 1h | 66.560 | −0.014% | $50K | $336K | 20x | as long as short |
Binance XAGUSDT
Variational Omni XAG
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Lighter XAG
edgeX XAGUSDC
BloFin XAG-USDT
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL