Funding you earn now, next payment 05:00 UTC−0.0183%/8h= −20.1% APRpaid last 24h −0.032%
Price spread now: dYdX against Variational Omni−0.136%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and dYdX is 0.136% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAG | 66.023 | 0.0183 | pay 0.0092% / 4h | 3h 27m | $5.6M | $9.4M | — |
| Short | dYdX XAG-USD | 65.934 | 0 | get 0.0000% / 1h | 27m 43s | $14K | — | 5x |
Variational Omni XAG
dYdX XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$38.46
- Price spread: −0.136% → 0.000%
- −$13.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$62.05
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; dYdX: no order-book sample. 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, 1 min ago | 2.57 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0048% | 1h | 65.920 | −0.157% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USDshort | 0.0000% | 1h | 65.934 | −0.136% | $14K | — | 5x | |
| SunX XAG-USDT | 0.0000% | 4h | 66.020 | −0.005% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.050 | +0.040% | $1.0M | $965K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.020 | −0.005% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.958 | −0.099% | $120K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0016% | 4h | 66.040 | +0.025% | $149.8M | $163.8M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.012 | −0.017% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.967 | −0.086% | $5.2M | $11.5M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0032% | 1h | 65.977 | −0.070% | $35K | $21K | 20x | as long as short |
Ondo Perps XAG-USD.P
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Hotstuff SILVER-PERPShow 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 | +0.570% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.020 | −0.005% | $794K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.439 | +0.629% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.980 | −0.066% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.955 | −0.104% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0053% | 1h | 65.990 | −0.051% | $165.9M | $73.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.000 | −0.036% | $114K | $2.7M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0071% | 8h | 66.003 | −0.031% | $30K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.967 | −0.085% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 65.983 | −0.061% | $528K | $26.1M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.014 | −0.014% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.956 | −0.102% | $470K | $608K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.990 | −0.051% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.970 | −0.081% | $113K | $30K | 50x | as long as short |
| Lighter XAG | +0.0104% | 1h | 66.019 | −0.006% | $5.2M | $10.7M | 25x | as long as short |
| Bybit XAGUSDT | +0.0122% | 4h | 66.050 | +0.040% | $27.7M | $36.6M | 150x | as long as short |
| Aster XAGUSDT | +0.0134% | 4h | 66.030 | +0.010% | $2.7M | $871K | 100x | as long as short |
| BloFin XAG-USDT | +0.0159% | 4h | 66.040 | +0.025% | $2.6M | $562K | 100x | as long as short |
| Nado XAG-PERP | +0.0172% | 1h | 65.974 | −0.074% | $1.4M | $5.8M | 10x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.005 | −0.028% | $47K | — | 10x | as long as short |
| Variational Omni XAGlong | +0.0183% | 4h | 66.023 | long leg | $5.6M | $9.4M | — | |
| MEXC SILVER_USDT | +0.0192% | 4h | 66.020 | −0.005% | $114.5M | $152.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0193% | 4h | 66.027 | +0.006% | $191.0M | $702.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0198% | 4h | 66.021 | −0.004% | $670K | $313K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0202% | 1h | 65.985 | −0.059% | $79K | $36K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0202% | 4h | 66.025 | +0.002% | $394K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 66.000 | −0.036% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | −0.111% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0229% | 8h | 66.030 | +0.010% | $27.7M | $64.6M | 50x | as long as short |
| Bullet SILVER-USD | +0.0230% | 1h | 66.014 | −0.014% | $45K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0236% | 4h | 66.030 | +0.010% | $23.9M | $45.3M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 65.960 | −0.096% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 66.015 | −0.013% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 65.989 | −0.053% | $911K | $683K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
QFEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Aster XAGUSDT
BloFin XAG-USDT
Nado XAG-PERP
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Bitget XAGUSDT
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD