Funding you earn now, next payment 06:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h +0.032%
Price spread now: Variational Omni against dYdX+0.233%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.233% dearer against dYdX than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XAG-USD | 65.751 | 0 | get 0.0000% / 1h | 33m 30s | $14K | $66 | 5x |
| Short | Variational Omni XAG | 65.905 | 0.0130 | get 0.0065% / 4h | 2h 33m | $5.6M | $9.5M | — |
dYdX XAG-USD
Variational Omni XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- $27.34
- Price spread: +0.233% → 0.000%
- $23.31
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $40.65
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 1 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.58 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | doesn't fit |
dYdX: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0044% | 1h | 65.700 | −0.078% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USDlong | 0.0000% | 1h | 65.751 | long leg | $14K | $66 | 5x | |
| SunX XAG-USDT | 0.0000% | 4h | 65.840 | +0.135% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.880 | +0.195% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.870 | +0.180% | $1.5M | $259K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.550 | −0.307% | $120K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.823 | +0.109% | $1.3M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.803 | +0.078% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.750 | −0.002% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.986% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0034% | 4h | 65.840 | +0.135% | $147.8M | $155.4M | 100x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.953 | +0.306% | $57K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.850 | +0.150% | $791K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.098 | +0.527% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.805 | +0.081% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.557 | −0.296% | $3.9M | $698K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.775 | +0.036% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.800 | +0.074% | $114K | $2.8M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 65.798 | +0.071% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0059% | 1h | 65.569 | −0.278% | $166.1M | $75.6M | 25x | as long as short |
| Bybit XAGUSDT | +0.0072% | 4h | 65.630 | −0.185% | $28.0M | $37.9M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 65.842 | +0.138% | $578K | $27.0M | 8.1x | as long as short |
| BloFin XAG-USDT | +0.0094% | 4h | 65.930 | +0.271% | $2.6M | $567K | 100x | as long as short |
| Aster XAGUSDT | +0.0097% | 4h | 65.615 | −0.208% | $2.7M | $905K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.766 | +0.022% | $469K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.740 | −0.017% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.830 | +0.119% | $112K | $30K | 50x | as long as short |
| Variational Omni XAGshort | +0.0130% | 4h | 65.905 | +0.233% | $5.6M | $9.5M | — | |
| Lighter XAG | +0.0136% | 1h | 65.798 | +0.071% | $5.3M | $10.8M | 25x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.836 | +0.129% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0144% | 4h | 65.610 | −0.215% | $115.6M | $153.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0145% | 4h | 65.629 | −0.186% | $189.3M | $713.3M | 100x | as long as short |
| Nado XAG-PERP | +0.0157% | 1h | 65.580 | −0.261% | $1.3M | $5.6M | 10x | as long as short |
| edgeX XAGUSDC | +0.0159% | 4h | 65.924 | +0.262% | $669K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.860 | +0.165% | $1.8M | $1.1M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0180% | 4h | 65.990 | +0.363% | $388K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0206% | 1h | 65.820 | +0.104% | $72K | $360K | 20x | as long as short |
| Bitget XAGUSDT | +0.0210% | 4h | 65.640 | −0.170% | $23.7M | $46.6M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0212% | 1h | 65.894 | +0.217% | $80K | $36K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 65.620 | −0.200% | $27.8M | $67.3M | 50x | as long as short |
| Bullet SILVER-USD | +0.0220% | 1h | 65.633 | −0.180% | $43K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0352% | 1h | 65.790 | +0.059% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0443% | 1h | 65.625 | −0.192% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0468% | 1h | 65.810 | +0.089% | $904K | $701K | 25x | as long as short |
Gate XAG_USDT
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Kalshi KXSILVERPERP
BloFin XAG-USDT
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Nado XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Bitget XAGUSDT
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD