Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h −0.011%
Price spread now: SoDEX against Variational Omni−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$2 a day on $10k at the current rate, and SoDEX is 0.093% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 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 | 66.526 | 0.0106 | pay 0.0053% / 4h | 20m 24s | $5.6M | $10.1M | — |
| Short | SoDEX SILVER-USD | 66.464 | 0.0050 | get 0.0006% / 1h | 20m 24s | $4K | $5K | 20x |
Variational Omni XAG
SoDEX SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$11.83
- Price spread: −0.093% → 0.000%
- −$9.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$29.15
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; SoDEX: 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, 4 min ago | 2.57 bp | doesn't fit | 2.6 bp −$26 | 6.0 bp −$600 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.484 | −0.064% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.550 | +0.036% | $26.2M | $34.5M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.530 | +0.006% | $154.5M | $173.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.520 | −0.009% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.580 | +0.081% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.540 | +0.021% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.468 | −0.087% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0008% | 1h | 66.491 | −0.053% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.528 | +0.002% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.467 | −0.089% | $5.5M | $12.2M | 10x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
Lighter RH XAG
Extended XAG-USDShow 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 | −0.189% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 66.485 | −0.062% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.480 | −0.069% | $796K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.966 | +0.661% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.490 | −0.054% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USDshort | +0.0050% | 1h | 66.464 | −0.093% | $4K | $5K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.440 | −0.129% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.489 | −0.056% | $581K | $21.4M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.510 | −0.024% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0072% | 1h | 66.487 | −0.059% | $165.7M | $86.8M | 25x | as long as short |
| BloFin XAG-USDT | +0.0080% | 4h | 66.510 | −0.024% | $2.6M | $651K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.479 | −0.071% | $480K | $618K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.490 | −0.054% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.450 | −0.114% | $126K | $26K | 50x | as long as short |
| Variational Omni XAGlong | +0.0106% | 4h | 66.526 | long leg | $5.6M | $10.1M | — | |
| Paradex XAG-USD-PERP | +0.0108% | 8h | 66.526 | −0.001% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0113% | 4h | 66.523 | −0.004% | $2.8M | $1.1M | 100x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.529 | +0.005% | $5.2M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 66.525 | −0.002% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0122% | 4h | 66.478 | −0.073% | $674K | $314K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.510 | −0.024% | $115.0M | $153.2M | 1000x | as long as short |
| Binance XAGUSDT | +0.0123% | 4h | 66.531 | +0.008% | $192.5M | $722.8M | 100x | as long as short |
| Bitget XAGUSDT | +0.0148% | 4h | 66.530 | +0.006% | $24.4M | $48.2M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.410 | −0.174% | $1.9M | $848K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0167% | 1h | 66.453 | −0.109% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0178% | 4h | 66.490 | −0.055% | $390K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0196% | 8h | 66.530 | +0.006% | $27.9M | $66.6M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.530 | +0.006% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0255% | 1h | 66.528 | +0.003% | $45K | $76K | 10x | as long as short |
| Nado XAG-PERP | +0.0257% | 1h | 66.489 | −0.056% | $1.3M | $6.6M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.535 | +0.013% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.484 | −0.064% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.520 | −0.009% | $50K | $367K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0595% | 1h | 66.499 | −0.041% | $762K | $586K | 25x | as long as short |
Injective XAG/USDC PERP
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Lighter XAG
Aevo XAG-PERP
edgeX XAGUSDC
MEXC SILVER_USDT
Binance XAGUSDT
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
Nado XAG-PERP
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD