Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.020%
Price spread now: Variational Omni against OKX+0.126%7-day average 0.000% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.022%−$2 on $10k
Price spread, last 7 days−0.131%−$13 · spread now +0.126%, 7d avg 0.000%
Together, before fees−0.154%+ Points / potential airdropVariational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.126% dearer against OKX than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of 0.000%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 4 days (−0.022% in total) that is about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XAG-USDT-SWAP65.3900.0208pay 0.0208% / 8h6h 55m$28.2M$81.1M50x
ShortVariational Omni XAG65.4720.0075get 0.0038% / 4h2h 55m$5.5M$9.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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

Funding earned
−$27.82
Price spread: +0.126% → 0.000%
$12.58
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$25.25
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago0.76 bp7.1 bp −$77.6 bp −$7613.5 bp −$1,348doesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.58 bpdoesn't fit2.6 bp −$26doesn't fitdoesn't fit

XAG on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP−0.0220%1h64.602−1.205%$11K$24052xas long as short
Ondo Perps XAG-USD.P−0.0066%1h65.360−0.046%$5.7M$10.2M25xas long as short
dYdX XAG-USD0.0000%1h65.422+0.049%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h65.410+0.031%$137.3M$192.2M100xas long as short
SunX XAG-USDT0.0000%4h65.470+0.122%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.510+0.184%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.490+0.153%$1.5M$253K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.591+0.308%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.394+0.007%$4.5M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h65.362−0.043%$5.0M$12.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.510+0.184%$788K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.838+0.685%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.415+0.038%$173.9M$92.5M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.355−0.054%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.421+0.047%$3K$6K20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0056%1h65.450+0.092%$77K$436K20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.413+0.035%$36K$22K20xas long as short
QFEX SILVER-USD+0.0062%1h65.400+0.015%$434K$1.5M20xas long as short
Variational Omni XAGshort+0.0075%4h65.472+0.126%$5.5M$9.2M
Paradex XAG-USD-PERP+0.0076%8h65.385−0.007%$29K$1665xas long as short
Coinbase International SILVER-PERP-INTX+0.0088%1h65.550+0.245%$1.6M$1.6M20xas long as short
Kalshi KXSILVERPERP+0.0090%24h65.598+0.318%$659K$36.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.384−0.009%$465K$588K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.420+0.046%$25.3M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.520+0.199%$112K$19K50xas long as short
Phoenix SILVER+0.0111%1h65.478+0.135%$56K$13K25xas long as short
Nado XAG-PERP+0.0112%1h65.374−0.024%$1.2M$4.2M10xas long as short
Binance XAGUSDT+0.0117%4h65.394+0.006%$193.1M$826.2M100xas long as short
MEXC SILVER_USDT+0.0118%4h65.410+0.031%$117.0M$161.0M1000xas long as short
Aevo XAG-PERP+0.0120%1h65.497+0.163%$47K10xas long as short
edgeX XAGUSDC+0.0129%4h65.542+0.232%$668K$313K30xas long as short
Aster XAGUSDT+0.0131%4h65.405+0.023%$2.7M$1.1M100xas long as short
Bullet SILVER-USD+0.0167%1h65.492+0.156%$45K$75K10xas long as short
Lighter XAG+0.0176%1h65.442+0.079%$5.1M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0199%1h65.506+0.177%$79K$37K10xas long as short
RISEx XAG/USDC+0.0206%1h65.511+0.186%$1.2M$4.9M20xas long as short
OKX XAG-USDT-SWAPlong+0.0208%8h65.390long leg$28.2M$81.1M50x
Bybit XAGUSDT+0.0222%4h65.400+0.015%$30.6M$45.2M150xas long as short
Bitget XAGUSDT+0.0228%4h65.3900.000%$23.0M$49.5M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.495+0.161%$93K111xas long as short
GRVT XAG_USDT_Perp+0.0264%4h65.550+0.245%$396K$1.6M25xas long as short
Hibachi XAG/USDT-P+0.0352%1h65.435+0.069%$21K$12K10xas long as short
BloFin XAG-USDT+0.0359%4h65.560+0.260%$2.7M$710K100xas long as short
Kraken Futures PF_XAGUSD+0.0774%1h65.455+0.099%$1.0M$893K25xas long as short