XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.41 per $10,000 · paid last 24h −0.006%

Price spread now: Bybit against Variational Omni+0.021%7-day average +0.018% · you sell dearer than you buy

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

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.006%−$1 on $10k

Price spread, last 7 days+0.016%+$2 · spread now +0.021%, 7d avg +0.018%

Together, before fees+0.011%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XAG	66.476	0.0083	pay 0.0041% / 4h	51m 55s	$5.6M	$10.5M	—
Short	Bybit XAGUSDT	66.490	0	get 0.0000% / 4h	51m 55s	$25.8M	$33.6M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$17.39
Price spread: +0.021% → +0.018%: $0.35
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.04
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 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 Variational Omni RFQ quote, 2 min ago	2.56 bp	doesn't fit	2.6 bp −$26	4.9 bp −$486	doesn't fit
Sell Bybit live order book, 2 min ago	0.75 bp	6.3 bp −$6	9.6 bp −$96	12.8 bp −$1,284	54.5 bp −$27.3K

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	66.428	−0.071%	$15K	—	5x	as long as short
Bybit XAGUSDTshort	0.0000%	4h	66.490	+0.021%	$25.8M	$33.6M	150x
Gate XAG_USDT	0.0000%	4h	66.470	−0.009%	$147.4M	$169.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.490	+0.021%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.520	+0.066%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.490	+0.021%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.410	−0.099%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.461	−0.022%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.411	−0.098%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.114%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	66.412	−0.096%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.449	−0.041%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	66.440	−0.054%	$795K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.912	+0.656%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.438	−0.057%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.409	−0.101%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.390	−0.129%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.434	−0.063%	$590K	$21.4M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.470	−0.009%	$125K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0073%	1h	66.439	−0.056%	$165.5M	$87.5M	25x	as long as short
Aster XAGUSDT	+0.0083%	4h	66.475	−0.001%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAGlong	+0.0083%	4h	66.476	long leg	$5.6M	$10.5M	—
MEXC SILVER_USDT	+0.0096%	4h	66.470	−0.009%	$113.9M	$152.8M	1000x	as long as short
edgeX XAGUSDC	+0.0098%	4h	66.502	+0.038%	$675K	$314K	30x	as long as short
Binance XAGUSDT	+0.0098%	4h	66.480	+0.006%	$191.6M	$732.2M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.436	−0.060%	$475K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.430	−0.069%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.420	−0.084%	$113K	$19K	50x	as long as short
Bitget XAGUSDT	+0.0104%	4h	66.490	+0.021%	$24.2M	$48.2M	100x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.467	−0.014%	$48K	—	10x	as long as short
Paradex XAG-USD-PERP	+0.0108%	8h	66.467	−0.014%	$30K	$1K	5x	as long as short
Lighter XAG	+0.0120%	1h	66.461	−0.022%	$5.2M	$10.3M	25x	as long as short
BloFin XAG-USDT	+0.0125%	4h	66.500	+0.036%	$2.6M	$851K	100x	as long as short
Aftermath Perps XAGUSD	+0.0140%	1h	66.456	−0.030%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0148%	4h	66.529	+0.079%	$391K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	−0.024%	$1.9M	$873K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0186%	8h	66.470	−0.009%	$27.6M	$66.9M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.490	+0.020%	$1.3M	$4.2M	20x	as long as short
Nado XAG-PERP	+0.0241%	1h	66.416	−0.090%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.485	+0.013%	$103K	—	111x	as long as short
Bullet SILVER-USD	+0.0259%	1h	66.481	+0.007%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	66.455	−0.032%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.460	−0.024%	$51K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.450	−0.039%	$768K	$570K	25x	as long as short