XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.029%

Price spread now: Variational Omni against HTX−0.132%7-day average −0.054% · you buy dearer than you sell

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

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.132%, 7d avg −0.054%

Together, before fees+0.159%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.078% cheaper against HTX than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.054%). If the spread goes back, that is −$8 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.041% in total) that is about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	65.100	0	get 0.0000% / 4h	3h 52m	$1.1M	$1.3M	75x
Short	Variational Omni XAG	65.014	0.0018	get 0.0009% / 4h	3h 52m	$5.4M	$9.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 HTXbpFee Variational OmnibpOrdersPrice spread, now −0.132%Rate

Funding earned: $3.85
Price spread: −0.132% → −0.054%: −$7.76
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.91
Costs to cover: 0.120%
Break-even: 35.9 days

Slippage unknown: HTX: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 HTX live order book, 1 min ago	4.61 bp	10.6 bp −$11	10.6 bp −$106	14.3 bp −$1,434	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.59 bp	doesn't fit	2.6 bp −$26	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	64.987	−0.174%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.090	−0.015%	$2K	$2.4M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	65.100	long leg	$1.1M	$1.3M	75x
Phemex XAGUSDT	0.0000%	4h	65.080	−0.031%	$1.5M	$291K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.003	−0.149%	$117K	—	250x	as long as short
Variational Omni XAGshort	+0.0018%	4h	65.014	−0.132%	$5.4M	$9.1M	—
Lighter RH XAG	+0.0032%	1h	65.049	−0.079%	$4.6M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.988	−0.172%	$4.9M	$11.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.997%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.030	−0.108%	$782K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	65.441	+0.524%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.050	−0.077%	$171K	$1.4M	20x	as long as short
Gate XAG_USDT	+0.0050%	4h	65.070	−0.046%	$139.8M	$179.0M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.983	−0.180%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.991	−0.167%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.940	−0.246%	$5.6M	$9.8M	25x	as long as short
MEXC SILVER_USDT	+0.0054%	4h	65.030	−0.108%	$125.6M	$155.7M	1000x	as long as short
Binance XAGUSDT	+0.0056%	4h	65.055	−0.069%	$193.3M	$761.8M	100x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.036	−0.099%	$29K	$1K	5x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	65.047	−0.081%	$35K	$21K	20x	as long as short
Aster XAGUSDT	+0.0065%	4h	65.059	−0.062%	$2.6M	$987K	100x	as long as short
edgeX XAGUSDC	+0.0068%	4h	65.017	−0.128%	$662K	$313K	30x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.055	−0.069%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	65.010	−0.138%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0082%	24h	65.067	−0.051%	$478K	$33.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	64.993	−0.164%	$462K	$594K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.030	−0.108%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.990	−0.169%	$111K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	65.011	−0.137%	$55K	$31K	25x	as long as short
Bybit XAGUSDT	+0.0118%	4h	65.070	−0.046%	$27.3M	$39.4M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0144%	1h	64.992	−0.166%	$173.6M	$85.7M	25x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.054	−0.071%	$1.3M	$4.9M	20x	as long as short
Nado XAG-PERP	+0.0159%	1h	65.020	−0.123%	$1.2M	$4.6M	10x	as long as short
Bitget XAGUSDT	+0.0182%	4h	65.030	−0.108%	$23.2M	$45.1M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0183%	8h	65.060	−0.061%	$28.6M	$72.2M	50x	as long as short
Aftermath Perps XAGUSD	+0.0203%	1h	65.009	−0.140%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0211%	1h	65.040	−0.092%	$76K	$416K	20x	as long as short
BloFin XAG-USDT	+0.0223%	4h	65.050	−0.077%	$2.7M	$631K	100x	as long as short
Lighter XAG	+0.0224%	1h	65.041	−0.091%	$5.3M	$10.7M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.065	−0.054%	$92K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0280%	1h	64.990	−0.169%	$20K	$15K	10x	as long as short
Bullet SILVER-USD	+0.0315%	1h	65.050	−0.077%	$45K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0388%	4h	65.056	−0.067%	$383K	$1.6M	25x	as long as short
Kraken Futures PF_XAGUSD	+0.0419%	1h	65.047	−0.081%	$1.0M	$868K	25x	as long as short