XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0074%/8h= +8.2% APRpaid last 24h +0.031%

Price spread now: Coinbase International against Variational Omni+0.005%7-day average −0.026% · you sell dearer than you buy

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

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.087%+$9 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now +0.005%, 7d avg −0.026%

Together, before fees+0.110%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.031% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XAG	66.457	0.0086	pay 0.0043% / 4h	47m 28s	$5.6M	$10.3M	—
Short	Coinbase International SILVER-PERP-INTX	66.460	0.0160	get 0.0020% / 1h	47m 28s	$1.9M	$861K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpOrdersPrice spread, now +0.005%Rate

Funding earned: $15.63
Price spread: +0.005% → −0.026%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $8.7
Costs to cover: 0.100%
Break-even: 3.1 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Coinbase International: live order book, 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 Variational Omni RFQ quote, 2 min ago	2.56 bp	doesn't fit	2.6 bp −$26	5.0 bp −$498	doesn't fit
Sell Coinbase International live order book, 1 min ago	1.51 bp	6.5 bp −$7	9.1 bp −$91	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
dYdX XAG-USD	0.0000%	1h	66.428	−0.042%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.470	+0.020%	$25.8M	$33.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.460	+0.005%	$147.4M	$169.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.450	−0.010%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.490	+0.050%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.460	+0.005%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.395	−0.092%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.450	−0.011%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.399	−0.087%	$5.5M	$12.3M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.431	−0.039%	$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
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.085%	$11K	$94K	52x	as long as short
Phoenix SILVER	+0.0036%	1h	66.397	−0.090%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.400	−0.085%	$795K	$2.7M	40x	as long as short
BloFin XAG-USDT	+0.0042%	4h	66.460	+0.005%	$2.6M	$650K	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.893	+0.657%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.420	−0.055%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.383	−0.111%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.350	−0.161%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.407	−0.075%	$592K	$21.3M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.440	−0.025%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0069%	1h	66.416	−0.061%	$165.5M	$87.5M	25x	as long as short
Variational Omni XAGlong	+0.0086%	4h	66.457	long leg	$5.6M	$10.3M	—
Aster XAGUSDT	+0.0088%	4h	66.466	+0.014%	$2.8M	$1.1M	100x	as long as short
MEXC SILVER_USDT	+0.0098%	4h	66.450	−0.010%	$113.9M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0100%	4h	66.455	−0.003%	$191.6M	$726.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.401	−0.084%	$475K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.420	−0.055%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.400	−0.085%	$126K	$26K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.443	−0.021%	$48K	—	10x	as long as short
Paradex XAG-USD-PERP	+0.0106%	8h	66.453	−0.006%	$30K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.444	−0.019%	$674K	$315K	30x	as long as short
Bitget XAGUSDT	+0.0112%	4h	66.470	+0.020%	$24.2M	$47.9M	100x	as long as short
Lighter XAG	+0.0120%	1h	66.450	−0.010%	$5.2M	$10.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0147%	1h	66.421	−0.053%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	66.460	+0.005%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTXshort	+0.0160%	1h	66.460	+0.005%	$1.9M	$861K	20x
OKX XAG-USDT-SWAP	+0.0188%	8h	66.460	+0.005%	$27.6M	$66.3M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.457	0.000%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0246%	1h	66.455	−0.002%	$45K	$76K	10x	as long as short
Nado XAG-PERP	+0.0255%	1h	66.400	−0.085%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.455	−0.003%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.400	−0.085%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.430	−0.040%	$51K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.420	−0.055%	$768K	$569K	25x	as long as short