Funding you earn now, next payment 23:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.016%
Price spread now: Variational Omni against Lighter RH−0.074%7-day average +0.048% · 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)−0.003%$0 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.074%, 7d avg +0.048%
=Together, before fees+0.085%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.122% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.048%). If the spread goes back, that is −$12 on $10k: about 10.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAG | 66.375 | 0.0032 | pay 0.0004% / 1h | 8m 04s | $4.8M | $9.8M | 25x |
| Short | Variational Omni XAG | 66.326 | 0.0073 | get 0.0036% / 4h | 1h 08m | $5.5M | $10.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter RH. 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
- $8.58
- Price spread: −0.074% → +0.048%
- −$12.22
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.65
- Costs to cover
- 0.000%
- Break-even
- 10.0 days
Slippage unknown: Lighter RH: live order book, 6 min ago; 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 Lighter RH live order book, 6 min ago | 1.76 bp | 1.9 bp −$2 | 3.2 bp −$32 | 20.1 bp −$2,007 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.56 bp | doesn't fit | 2.6 bp −$26 | 5.4 bp −$538 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0271% | 1h | 66.360 | −0.023% | $768K | $569K | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.297 | −0.118% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.400 | +0.037% | $25.7M | $33.5M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.393 | +0.026% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.380 | +0.007% | $146.5M | $173.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.400 | +0.037% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.390 | +0.022% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.390 | +0.022% | $1.5M | $249K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.321 | −0.082% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0016% | 1h | 66.335 | −0.061% | $35K | $21K | 20x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SILVER-USD | +0.0016% | 1h | 66.370 | −0.008% | $124K | $2.8M | 20x | as long as short |
| Lighter RH XAGlong | +0.0032% | 1h | 66.375 | long leg | $4.8M | $9.8M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 66.322 | −0.080% | $5.5M | $12.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.037% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.320 | −0.083% | $794K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.821 | +0.671% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.350 | −0.038% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.320 | −0.083% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.290 | −0.129% | $5.7M | $10.0M | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0054% | 1h | 66.341 | −0.052% | $165.3M | $88.2M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0058% | 24h | 66.334 | −0.062% | $588K | $21.4M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.292 | −0.126% | $56K | $26K | 25x | as long as short |
| Variational Omni XAGshort | +0.0073% | 4h | 66.326 | −0.074% | $5.5M | $10.5M | — | |
| Bitget XAGUSDT | +0.0078% | 4h | 66.390 | +0.022% | $24.0M | $47.9M | 100x | as long as short |
| Aster XAGUSDT | +0.0079% | 4h | 66.370 | −0.008% | $2.8M | $1.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0090% | 4h | 66.380 | +0.007% | $123.4M | $182.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0091% | 4h | 66.390 | +0.022% | $190.5M | $729.1M | 100x | as long as short |
| Aevo XAG-PERP | +0.0096% | 1h | 66.382 | +0.010% | $48K | — | 10x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.327 | −0.073% | $474K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.360 | −0.023% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.210 | −0.249% | $113K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.220 | −0.234% | $1.9M | $861K | 20x | as long as short |
| edgeX XAGUSDC | +0.0105% | 4h | 66.317 | −0.088% | $673K | $314K | 30x | as long as short |
| BloFin XAG-USDT | +0.0109% | 4h | 66.330 | −0.068% | $2.5M | $848K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0117% | 8h | 66.376 | 0.000% | $30K | $1K | 5x | as long as short |
| GRVT XAG_USDT_Perp | +0.0126% | 4h | 66.280 | −0.144% | $395K | $1.4M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0129% | 1h | 66.268 | −0.161% | $80K | $40K | 10x | as long as short |
| Lighter XAG | +0.0136% | 1h | 66.377 | +0.002% | $5.2M | $11.0M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0179% | 8h | 66.390 | +0.022% | $27.4M | $66.5M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0192% | 1h | 66.310 | −0.098% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0218% | 1h | 66.336 | −0.059% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0269% | 1h | 66.404 | +0.043% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0303% / S −0.0300% | 1h | 66.395 | +0.030% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.370 | −0.008% | $51K | $359K | 20x | as long as short |
Lighter RH XAG
Variational Omni XAG
Kraken Futures PF_XAGUSD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Phoenix SILVER
Bitget XAGUSDT
Aster XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
BloFin XAG-USDT
Paradex XAG-USD-PERP
GRVT XAG_USDT_Perp
Aftermath Perps XAGUSD
Lighter XAG
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL