XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.004%

Price spread now: Variational Omni against Binance+0.017%7-day average −0.007% · you sell dearer than you buy

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.005%−$1 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.017%, 7d avg −0.007%

Together, before fees−0.039%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.024% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAGUSDT	66.062	0.0177	pay 0.0089% / 4h	3h 16m	$190.8M	$702.4M	100x
Short	Variational Omni XAG	66.073	0.0171	get 0.0086% / 4h	3h 16m	$5.7M	$9.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now +0.017%Rate

Funding earned: −$1.35
Price spread: +0.017% → −0.007%: $2.44
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.9
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; Variational Omni: RFQ quote, 3 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 Binance live order book, 13 min ago	0.76 bp	5.8 bp −$6	6.4 bp −$64	8.8 bp −$881	18.0 bp −$8,989
Sell Variational Omni RFQ quote, 3 min ago	2.57 bp	doesn't fit	2.6 bp −$26	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
Ondo Perps XAG-USD.P	−0.0061%	1h	65.950	−0.170%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.111%	$14K	$66	5x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.029	−0.050%	$35K	$21K	20x	as long as short
SunX XAG-USDT	0.0000%	4h	66.090	+0.042%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.080	+0.027%	$1.0M	$949K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.070	+0.012%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.991	−0.107%	$120K	—	250x	as long as short
Gate XAG_USDT	+0.0020%	4h	66.070	+0.012%	$149.8M	$164.0M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	66.054	−0.012%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.990	−0.109%	$5.2M	$11.5M	10x	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	+0.512%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.060	−0.003%	$795K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.480	+0.633%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.026	−0.055%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.001	−0.092%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0052%	1h	66.019	−0.065%	$166.3M	$74.0M	25x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	66.053	−0.014%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.050	−0.018%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0073%	1h	65.995	−0.101%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	66.018	−0.067%	$557K	$26.4M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.073	+0.016%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	66.008	−0.082%	$470K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.020	−0.064%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	−0.003%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	66.056	−0.009%	$5.2M	$10.8M	25x	as long as short
Bybit XAGUSDT	+0.0118%	4h	66.070	+0.012%	$27.8M	$36.5M	150x	as long as short
Aster XAGUSDT	+0.0122%	4h	66.056	−0.009%	$2.7M	$866K	100x	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.047	−0.023%	$47K	—	10x	as long as short
Variational Omni XAGshort	+0.0171%	4h	66.073	+0.017%	$5.7M	$9.5M	—
Nado XAG-PERP	+0.0173%	1h	66.021	−0.061%	$1.4M	$5.8M	10x	as long as short
MEXC SILVER_USDT	+0.0176%	4h	66.060	−0.003%	$115.0M	$152.7M	1000x	as long as short
Binance XAGUSDTlong	+0.0177%	4h	66.062	long leg	$190.8M	$702.4M	100x
GRVT XAG_USDT_Perp	+0.0178%	4h	66.085	+0.034%	$395K	$1.5M	25x	as long as short
edgeX XAGUSDC	+0.0187%	4h	66.071	+0.013%	$670K	$311K	30x	as long as short
Aftermath Perps XAGUSD	+0.0189%	1h	66.047	−0.022%	$79K	$36K	10x	as long as short
BloFin XAG-USDT	+0.0207%	4h	66.080	+0.027%	$2.6M	$563K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	66.030	−0.049%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0224%	8h	66.060	−0.003%	$27.7M	$64.5M	50x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.050	−0.018%	$23.9M	$45.2M	100x	as long as short
Bullet SILVER-USD	+0.0228%	1h	66.065	+0.004%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.020	−0.064%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.040	−0.033%	$75K	$363K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.065	+0.004%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.028	−0.051%	$911K	$683K	25x	as long as short