XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.024%

Price spread now: Variational Omni against Coinbase International−0.025%7-day average +0.026% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.088%−$9 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.025%, 7d avg +0.026%

Together, before fees−0.071%+ Points / potential airdropVariational Omni: Active · farm board−$7 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 Variational Omni is 0.051% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SILVER-PERP-INTX	65.380	0.0120	pay 0.0015% / 1h	31m 02s	$1.6M	$1.4M	20x
Short	Variational Omni XAG	65.364	0.0056	get 0.0028% / 4h	1h 31m	$5.5M	$9.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now −0.025%Rate

Funding earned: −$13.49
Price spread: −0.025% → +0.026%: −$5.15
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$28.64
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago	2.30 bp	7.7 bp −$8	9.3 bp −$93	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	2.58 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
Hibachi XAG/USDT-P	−0.0168%	1h	65.319	−0.094%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0090%	1h	65.210	−0.260%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.295	−0.130%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.350	−0.046%	$28.2M	$39.5M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.360	−0.031%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.390	+0.015%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.380	0.000%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.310	−0.107%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0022%	4h	65.380	0.000%	$141.3M	$181.8M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.362	−0.028%	$4.6M	$9.8M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.299	−0.124%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.560%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.360	−0.031%	$786K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0044%	4h	65.350	−0.046%	$2.7M	$973K	100x	as long as short
Vest SI-PERP	+0.0046%	1h	65.768	+0.593%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.320	−0.092%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.326	−0.083%	$170.3M	$83.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.305	−0.115%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.301	−0.121%	$3K	$6K	20x	as long as short
Variational Omni XAGshort	+0.0056%	4h	65.364	−0.025%	$5.5M	$9.4M	—
Paradex XAG-USD-PERP	+0.0056%	8h	65.353	−0.041%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.352	−0.043%	$1.3M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.309	−0.109%	$56K	$31K	25x	as long as short
Binance XAGUSDT	+0.0067%	4h	65.347	−0.050%	$190.1M	$763.3M	100x	as long as short
MEXC SILVER_USDT	+0.0068%	4h	65.340	−0.061%	$116.5M	$157.3M	1000x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.347	−0.051%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0076%	4h	65.374	−0.009%	$665K	$314K	30x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.304	−0.116%	$483K	$30.8M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0096%	1h	65.339	−0.063%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.316	−0.098%	$466K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.330	−0.076%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.340	−0.061%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0116%	4h	65.364	−0.025%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTXlong	+0.0120%	1h	65.380	long leg	$1.6M	$1.4M	20x
Nado XAG-PERP	+0.0127%	1h	65.286	−0.144%	$1.2M	$5.5M	10x	as long as short
Lighter XAG	+0.0136%	1h	65.373	−0.011%	$5.4M	$11.4M	25x	as long as short
Bullet SILVER-USD	+0.0173%	1h	65.347	−0.051%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0182%	4h	65.360	−0.031%	$23.8M	$46.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0185%	8h	65.360	−0.031%	$27.9M	$71.0M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.350	−0.046%	$65K	$377K	20x	as long as short
Aftermath Perps XAGUSD	+0.0220%	1h	65.328	−0.080%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0268%	4h	65.340	−0.061%	$2.6M	$609K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.355	−0.038%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.314	−0.101%	$915K	$746K	25x	as long as short