Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.2% APRpaid last 24h +0.019%
Price spread now: Variational Omni against Injective+1.551%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 +$1 a day on $10k at the current rate, and Variational Omni is 1.551% dearer against Injective than usual: you sell high and buy low: +$155 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 | Injective XAG/USDC PERP | 64.602 | 0.0033 | pay 0.0004% / 1h | 3m 07s | $11K | $240 | 52x |
| Short | Variational Omni XAG | 65.604 | 0.0081 | get 0.0040% / 4h | 3h 03m | $5.4M | $9.2M | — |
Injective XAG/USDC PERP
Variational Omni XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $9.98
- Price spread: +1.551% → 0.000%
- $155.13
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $165.09
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective 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 |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 65.519 | +1.419% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.630 | +1.591% | $138.0M | $194.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.600 | +1.545% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.610 | +1.560% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.620 | +1.576% | $1.5M | $253K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.553 | +1.472% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.600 | +1.545% | $4.5M | $10.1M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.554 | +1.474% | $5.1M | $11.9M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 64.602 | long leg | $11K | $240 | 52x | |
| StandX XAG-USD | +0.0040% | 1h | 65.540 | +1.452% | $788K | $3.0M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.018 | +2.192% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 65.580 | +1.514% | $435K | $1.5M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.556 | +1.477% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.557 | +1.478% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 65.490 | +1.375% | $5.7M | $10.2M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0080% | 1h | 65.530 | +1.436% | $1.6M | $1.6M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0081% | 8h | 65.584 | +1.521% | $29K | $166 | 5x | as long as short |
| Variational Omni XAGshort | +0.0081% | 4h | 65.604 | +1.551% | $5.4M | $9.2M | — | |
| Kalshi KXSILVERPERP | +0.0089% | 24h | 65.606 | +1.554% | $661K | $36.1M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.545 | +1.459% | $467K | $590K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.580 | +1.514% | $25.4M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.590 | +1.529% | $112K | $19K | 50x | as long as short |
| Hotstuff SILVER-PERP | +0.0104% | 1h | 65.570 | +1.498% | $35K | $22K | 20x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 65.561 | +1.484% | $56K | $31K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0124% | 4h | 65.620 | +1.576% | $115.0M | $164.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0125% | 4h | 65.620 | +1.576% | $195.4M | $820.0M | 100x | as long as short |
| tradeXYZ xyz:SILVER | +0.0125% | 1h | 65.576 | +1.508% | $174.3M | $91.9M | 25x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.601 | +1.546% | $47K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 65.624 | +1.582% | $2.7M | $1.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0143% | 4h | 65.604 | +1.551% | $668K | $314K | 30x | as long as short |
| Nado XAG-PERP | +0.0154% | 1h | 65.536 | +1.446% | $1.2M | $4.1M | 10x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 65.601 | +1.547% | $1.2M | $4.9M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0201% | 1h | 65.465 | +1.336% | $79K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.610 | +1.560% | $77K | $440K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0214% | 8h | 65.610 | +1.560% | $28.4M | $80.6M | 50x | as long as short |
| Lighter XAG | +0.0224% | 1h | 65.623 | +1.581% | $5.1M | $12.0M | 25x | as long as short |
| Bitget XAGUSDT | +0.0236% | 4h | 65.620 | +1.576% | $23.0M | $49.2M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.625 | +1.584% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0311% | 1h | 65.615 | +1.569% | $45K | $75K | 10x | as long as short |
| Bybit XAGUSDT | +0.0338% | 4h | 65.630 | +1.591% | $30.7M | $44.9M | 150x | as long as short |
| GRVT XAG_USDT_Perp | +0.0350% | 4h | 65.590 | +1.529% | $384K | $1.6M | 25x | as long as short |
| BloFin XAG-USDT | +0.0365% | 4h | 65.640 | +1.607% | $2.7M | $710K | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0400% | 1h | 65.506 | +1.399% | $21K | $12K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0415% | 1h | 65.582 | +1.517% | $1.0M | $893K | 25x | as long as short |
Vest SI-PERP
QFEX SILVER-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Coinbase International SILVER-PERP-INTX
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Hotstuff SILVER-PERP
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
tradeXYZ xyz:SILVER
Aevo XAG-PERP
Aster XAGUSDT
edgeX XAGUSDC
Nado XAG-PERP
RISEx XAG/USDC
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
OKX XAG-USDT-SWAP
Lighter XAG
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Bybit XAGUSDT
GRVT XAG_USDT_Perp
BloFin XAG-USDT
Hibachi XAG/USDT-P
Kraken Futures PF_XAGUSD