Funding you earn now, next payment 08:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h +0.011%
Price spread now: Variational Omni against RISEx+0.103%49s7-day average +0.007% · 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)−0.029%−$3 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now +0.103%, 7d avg +0.007%
=Together, before fees−0.111%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.096% dearer against RISEx than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.007%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 4 days (−0.029% in total) that is about 12 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAG/USDC | 65.365 | 0.0118 | pay 0.0015% / 1h | 37m 45s | $1.2M | $4.8M | 20x |
| Short | Variational Omni XAG | 65.432 | 0.0008 | get 0.0004% / 4h | 37m 45s | $5.5M | $9.1M | — |
RISEx XAG/USDC
Variational Omni XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against RISEx. 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
- −$23.12
- Price spread: +0.103% → +0.007%
- $9.61
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$19.51
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: RISEx: live order book, 1 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 RISEx live order book, 1 min ago | 0.64 bp | 3.6 bp −$4 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.58 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0039% | 1h | 65.240 | −0.191% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.297 | −0.104% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.370 | +0.007% | $27.8M | $39.3M | 150x | as long as short |
| Hotstuff SILVER-PERP | 0.0000% | 1h | 65.317 | −0.074% | $35K | $21K | 20x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.360 | −0.008% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.390 | +0.038% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.350 | −0.023% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.311 | −0.084% | $118K | — | 250x | as long as short |
| Variational Omni XAGshort | +0.0008% | 4h | 65.432 | +0.103% | $5.5M | $9.1M | — | |
| Aster XAGUSDT | +0.0023% | 4h | 65.357 | −0.012% | $2.7M | $928K | 100x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
Bybit XAGUSDT
Hotstuff SILVER-PERP
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Aster XAGUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SILVER_USDT | +0.0030% | 4h | 65.340 | −0.038% | $118.7M | $157.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0031% | 4h | 65.352 | −0.020% | $191.8M | $755.4M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.338 | −0.042% | $4.6M | $9.7M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.300 | −0.100% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.583% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0034% | 4h | 65.370 | +0.007% | $140.8M | $177.9M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | −0.023% | $786K | $2.9M | 40x | as long as short |
| edgeX XAGUSDC | +0.0041% | 4h | 65.413 | +0.073% | $666K | $312K | 30x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.360 | −0.008% | $157K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.782 | +0.638% | — | — | 25x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.346 | −0.029% | $47K | — | 10x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.321 | −0.067% | $169.8M | $81.4M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.335 | −0.046% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.292 | −0.112% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.336 | −0.045% | $29K | $1K | 5x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0056% | 1h | 65.330 | −0.054% | $65K | $389K | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.389 | +0.037% | $56K | $31K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.333 | −0.049% | $530K | $31.8M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.370 | +0.007% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.298 | −0.102% | $465K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.320 | −0.069% | $25.3M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.390 | +0.038% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDClong | +0.0118% | 1h | 65.365 | long leg | $1.2M | $4.8M | 20x | |
| BloFin XAG-USDT | +0.0127% | 4h | 65.360 | −0.008% | $2.7M | $575K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0132% | 4h | 65.441 | +0.116% | $384K | $1.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0156% | 4h | 65.360 | −0.008% | $23.2M | $44.8M | 100x | as long as short |
| Nado XAG-PERP | +0.0165% | 1h | 65.314 | −0.078% | $1.2M | $4.7M | 10x | as long as short |
| Lighter XAG | +0.0168% | 1h | 65.347 | −0.028% | $5.3M | $11.1M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0169% | 8h | 65.360 | −0.008% | $28.1M | $70.0M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0176% | 1h | 65.316 | −0.075% | $20K | $17K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0189% | 1h | 65.331 | −0.052% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0225% | 1h | 65.365 | 0.000% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.365 | 0.000% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.318 | −0.072% | $1.0M | $868K | 25x | as long as short |
MEXC SILVER_USDT
Binance XAGUSDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
edgeX XAGUSDC
QFEX SILVER-USD
Vest SI-PERP
Aevo XAG-PERP
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Deribit SILVER_USDC-PERPETUAL
Phoenix SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Nado XAG-PERP
Lighter XAG
OKX XAG-USDT-SWAP
Hibachi XAG/USDT-P
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD