XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.003%

Price spread now: GRVT against Variational Omni+0.034%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 GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.034%, 7d avg +0.018%

Together, before fees−0.059%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board−$6 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: +$1 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	66.207	0.0055	pay 0.0027% / 4h	1h 29m	$5.5M	$10.5M	—
Short	GRVT XAG_USDT_Perp	66.229	0.0084	get 0.0042% / 4h	1h 29m	$390K	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.034%Rate

Funding earned: $6.11
Price spread: +0.034% → +0.018%: $1.54
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$1.35
Costs to cover: 0.090%
Break-even: 8.6 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; GRVT: live order book, 4 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, 5 min ago	2.57 bp	doesn't fit	2.6 bp −$26	8.5 bp −$853	doesn't fit
Sell GRVT live order book, 4 min ago	0.75 bp	6.6 bp −$7	6.8 bp −$68	40.7 bp −$4,071	doesn't fit

XAG on 43 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
Kraken Futures PF_XAGUSD	−0.0272%	1h	66.198	−0.014%	$767K	$576K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.121	−0.129%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.250	+0.065%	$25.5M	$33.3M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.252	+0.068%	$1.3M	$4.2M	20x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.183	−0.036%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.230	+0.035%	$146.3M	$172.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.230	+0.035%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.240	+0.050%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.230	+0.035%	$1.5M	$248K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.182	−0.038%	$120K	—	250x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SILVER-USD	+0.0016%	1h	66.240	+0.050%	$144K	$2.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.209	+0.003%	$4.7M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.169	−0.057%	$5.5M	$13.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.292%	$11K	$94K	52x	as long as short
Aster XAGUSDT	+0.0035%	4h	66.240	+0.050%	$2.8M	$1.0M	100x	as long as short
Bitget XAGUSDT	+0.0040%	4h	66.260	+0.080%	$23.7M	$47.7M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	66.150	−0.086%	$792K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.672	+0.703%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.211	+0.006%	$165.0M	$88.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.212	+0.008%	$3.9M	$694K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.158	−0.074%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.140	−0.101%	$5.6M	$9.9M	25x	as long as short
Variational Omni XAGlong	+0.0055%	4h	66.207	long leg	$5.5M	$10.5M	—
Kalshi KXSILVERPERP	+0.0056%	24h	66.184	−0.034%	$592K	$21.6M	8.1x	as long as short
MEXC SILVER_USDT	+0.0070%	4h	66.240	+0.050%	$117.4M	$181.6M	1000x	as long as short
Binance XAGUSDT	+0.0071%	4h	66.250	+0.065%	$189.7M	$729.5M	100x	as long as short
Aevo XAG-PERP	+0.0072%	1h	66.221	+0.022%	$48K	—	10x	as long as short
Phoenix SILVER	+0.0073%	1h	66.172	−0.052%	$56K	$26K	25x	as long as short
edgeX XAGUSDC	+0.0079%	4h	66.198	−0.013%	$671K	$315K	30x	as long as short
GRVT XAG_USDT_Perpshort	+0.0084%	4h	66.229	+0.034%	$390K	$1.5M	25x
BloFin XAG-USDT	+0.0085%	4h	66.210	+0.005%	$2.5M	$836K	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.196	−0.016%	$474K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.210	+0.005%	$24.3M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.116%	$113K	$26K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.190	−0.025%	$1.9M	$861K	20x	as long as short
Aftermath Perps XAGUSD	+0.0113%	1h	66.177	−0.045%	$80K	$40K	10x	as long as short
Paradex XAG-USD-PERP	+0.0115%	8h	66.230	+0.036%	$30K	$1K	5x	as long as short
Lighter XAG	+0.0128%	1h	66.233	+0.040%	$5.1M	$10.9M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0161%	8h	66.240	+0.050%	$27.3M	$66.4M	50x	as long as short
Nado XAG-PERP	+0.0214%	1h	66.187	−0.029%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0264%	1h	66.255	+0.073%	$44K	$74K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.235	+0.043%	$103K	—	29x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.210	+0.005%	$51K	$360K	20x	as long as short