Funding you earn now, next payment 20:00 UTC+0.0051%/8hpaid last 24h +0.040%
Price spread now: Variational Omni against Hotstuff+0.066%46s7-day average — · you sell dearer than you buy
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 airdropHotstuff: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.066% dearer against Hotstuff than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SILVER-PERP | 66.081 | 0.0064 | pay 0.0008% / 1h | 4m 48s | $35K | $21K | 20x |
| Short | Variational Omni XAG | 66.125 | 0.0115 | get 0.0058% / 4h | 4m 48s | $5.6M | $12.6M | — |
Hotstuff SILVER-PERP
Variational Omni XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hotstuff. 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
- $10.8
- Price spread: +0.066% → 0.000%
- $6.61
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $12.41
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Variational Omni: RFQ quote, 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 2.56 bp | doesn't fit | 2.6 bp −$26 | 6.4 bp −$639 | doesn't fit |
Hotstuff: 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 | −0.0090% | 1h | 66.010 | −0.107% | $6.2M | $8.9M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.105 | +0.036% | $15K | $997 | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.140 | +0.089% | $133.1M | $192.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.120 | +0.059% | $2K | $3.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.130 | +0.074% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.140 | +0.089% | $1.5M | $259K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.078 | −0.005% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.130 | +0.074% | $4.6M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.081 | 0.000% | $5.4M | $14.9M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.483% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.078 | −0.005% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.060 | −0.032% | $699K | $2.8M | 40x | as long as short |
| Kalshi KXSILVERPERP | +0.0042% | 24h | 66.083 | +0.003% | $688K | $21.6M | 8.1x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.582 | +0.758% | — | — | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.112 | +0.047% | $161.8M | $95.1M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.095 | +0.021% | $3.9M | $740K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.076 | −0.008% | $4K | $5K | 20x | as long as short |
| QFEX SILVER-USD | +0.0052% | 1h | 66.130 | +0.074% | $124K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERPlong | +0.0064% | 1h | 66.081 | long leg | $35K | $21K | 20x | |
| Paradex XAG-USD-PERP | +0.0073% | 8h | 66.117 | +0.054% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0091% | 4h | 66.120 | +0.059% | $2.8M | $1.2M | 100x | as long as short |
| Lighter XAG | +0.0096% | 1h | 66.132 | +0.077% | $5.4M | $10.8M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.062 | −0.029% | $472K | $697K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.090 | +0.014% | $24.1M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.100 | +0.029% | $113K | $88K | 50x | as long as short |
| Variational Omni XAGshort | +0.0115% | 4h | 66.125 | +0.066% | $5.6M | $12.6M | — | |
| Aevo XAG-PERP | +0.0120% | 1h | 66.130 | +0.073% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.130 | +0.074% | $115.3M | $189.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0122% | 4h | 66.140 | +0.089% | $191.4M | $790.7M | 100x | as long as short |
| edgeX XAGUSDC | +0.0124% | 4h | 66.142 | +0.092% | $669K | $313K | 30x | as long as short |
| Bybit XAGUSDT | +0.0126% | 4h | 66.150 | +0.104% | $25.1M | $37.8M | 150x | as long as short |
| BloFin XAG-USDT | +0.0138% | 4h | 66.150 | +0.104% | $2.6M | $1.4M | 100x | as long as short |
| RISEx XAG/USDC | +0.0161% | 1h | 66.120 | +0.059% | $1.4M | $4.4M | 20x | as long as short |
| Bullet SILVER-USD | +0.0165% | 1h | 66.126 | +0.069% | $45K | $77K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0168% | 8h | 66.130 | +0.074% | $27.5M | $68.2M | 50x | as long as short |
| Nado XAG-PERP | +0.0176% | 1h | 66.076 | −0.007% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0182% | 1h | 66.099 | +0.028% | $79K | $40K | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.040 | −0.062% | $1.9M | $1.2M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0212% | 4h | 66.140 | +0.089% | $401K | $1.8M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0240% | 1h | 66.080 | −0.002% | $20K | $21K | 10x | as long as short |
| Bitget XAGUSDT | +0.0278% | 4h | 66.140 | +0.089% | $23.3M | $50.9M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0300% / S −0.0296% | 1h | 66.125 | +0.067% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.130 | +0.074% | $88K | $501K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0422% | 1h | 66.097 | +0.025% | $778K | $644K | 25x | as long as short |
Phoenix SILVER
StandX XAG-USD
Kalshi KXSILVERPERP
Vest SI-PERP
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
Aster XAGUSDT
Lighter XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Bybit XAGUSDT
BloFin XAG-USDT
RISEx XAG/USDC
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Nado XAG-PERP
Aftermath Perps XAGUSD
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD