XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.026%

Price spread now: Variational Omni against SunX−0.141%7-day average −0.018% · you buy dearer than you sell

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.026%+$3 on $10k

Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.141%, 7d avg −0.018%

Together, before fees+0.127%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.123% cheaper against SunX than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.018%). If the spread goes back, that is −$12 on $10k: about 4.6 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.026% in total) that is about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	66.800	0	get 0.0000% / 4h	3h 57m	$2K	$3.0M	20x
Short	Variational Omni XAG	66.706	0.0090	get 0.0045% / 4h	3h 57m	$5.6M	$10.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now −0.141%Rate

Funding earned: $18.83
Price spread: −0.141% → −0.018%: −$12.27
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$1.44
Costs to cover: 0.080%
Break-even: 7.5 days

Slippage unknown: SunX: live order book, 10 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 SunX live order book, 10 min ago	29.27 bp	33.3 bp −$33	62.3 bp −$623	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.56 bp	doesn't fit	2.6 bp −$26	6.1 bp −$610	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	66.669	−0.195%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.800	0.000%	$155.9M	$163.9M	100x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.800	long leg	$2K	$3.0M	20x
HTX XAG-USDT	0.0000%	4h	66.800	0.000%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.780	−0.030%	$1.5M	$251K	100x	as long as short
Bybit XAGUSDT	+0.0003%	4h	66.840	+0.060%	$26.6M	$34.9M	150x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.737	−0.095%	$121K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0029%	1h	66.650	−0.225%	$5.7M	$9.8M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.775	−0.037%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.759	−0.061%	$5.4M	$13.1M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.599%	$11K	$94K	52x	as long as short
Phoenix SILVER	+0.0036%	1h	66.670	−0.195%	$57K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.720	−0.120%	$803K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.194	+0.590%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.771	−0.043%	$166.4M	$87.0M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.717	−0.124%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.713	−0.130%	$4K	$5K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.710	−0.135%	$115K	$2.8M	20x	as long as short
BloFin XAG-USDT	+0.0054%	4h	66.810	+0.015%	$2.6M	$670K	100x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.727	−0.109%	$558K	$21.7M	8.1x	as long as short
Lighter XAG	+0.0080%	1h	66.770	−0.044%	$5.4M	$10.4M	25x	as long as short
Hotstuff SILVER-PERP	+0.0080%	1h	66.714	−0.129%	$36K	$21K	20x	as long as short
Variational Omni XAGshort	+0.0090%	4h	66.706	−0.141%	$5.6M	$10.1M	—
Paradex XAG-USD-PERP	+0.0093%	8h	66.736	−0.096%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.683	−0.175%	$482K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.740	−0.090%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.680	−0.180%	$127K	$26K	50x	as long as short
Aster XAGUSDT	+0.0101%	4h	66.778	−0.033%	$2.8M	$1.1M	100x	as long as short
MEXC SILVER_USDT	+0.0104%	4h	66.790	−0.015%	$116.2M	$153.8M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.716	−0.126%	$48K	—	10x	as long as short
Binance XAGUSDT	+0.0105%	4h	66.807	+0.011%	$192.5M	$725.7M	100x	as long as short
edgeX XAGUSDC	+0.0122%	4h	66.702	−0.147%	$677K	$313K	30x	as long as short
Nado XAG-PERP	+0.0143%	1h	66.705	−0.143%	$1.3M	$6.6M	10x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.747	−0.079%	$1.3M	$4.2M	20x	as long as short
Bitget XAGUSDT	+0.0162%	4h	66.840	+0.060%	$24.9M	$48.8M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0164%	4h	66.732	−0.101%	$401K	$1.5M	25x	as long as short
Aftermath Perps XAGUSD	+0.0171%	1h	66.657	−0.214%	$80K	$40K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.760	−0.060%	$1.9M	$956K	20x	as long as short
Bullet SILVER-USD	+0.0185%	1h	66.803	+0.004%	$45K	$76K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0192%	8h	66.840	+0.060%	$28.2M	$67.8M	50x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	66.672	−0.192%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.805	+0.007%	$104K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0349%	1h	66.780	−0.030%	$51K	$351K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0487%	1h	66.751	−0.074%	$766K	$592K	25x	as long as short