Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.014%
Price spread now: SoDEX against Variational Omni−0.076%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.076% cheaper against Variational Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAG | 65.578 | 0.0052 | pay 0.0026% / 4h | 55m 35s | $5.6M | $9.0M | — |
| Short | SoDEX SILVER-USD | 65.528 | 0.0050 | get 0.0006% / 1h | 55m 35s | $3K | $6K | 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
- −$0.38
- Price spread: −0.076% → 0.000%
- −$7.57
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$15.95
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 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, 2 min ago | 2.58 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0104% | 1h | 65.591 | +0.020% | $39K | $26K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.521 | −0.086% | $13K | $8K | 5x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 65.589 | +0.017% | $1.3M | $5.4M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.590 | +0.019% | $136.5M | $198.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.610 | +0.049% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.620 | +0.065% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.600 | +0.034% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.528 | −0.076% | $118K | — | 250x | as long as short |
| Ondo Perps XAG-USD.P | +0.0004% | 1h | 65.490 | −0.134% | $5.7M | $11.1M | 25x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.588 | +0.016% | $4.6M | $9.5M | 25x | as long as short |
Hotstuff SILVER-PERP
dYdX XAG-USD
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Ondo Perps XAG-USD.P
Lighter RH XAGShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.529 | −0.075% | $5.1M | $12.0M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.488% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.610 | +0.049% | $789K | $3.0M | 40x | as long as short |
| Bybit XAGUSDT | +0.0041% | 4h | 65.610 | +0.049% | $30.5M | $48.1M | 150x | as long as short |
| QFEX SILVER-USD | +0.0042% | 1h | 65.570 | −0.012% | $446K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.052 | +0.723% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.579 | +0.002% | $3.8M | $905K | 20x | as long as short |
| SoDEX SILVER-USDshort | +0.0050% | 1h | 65.528 | −0.076% | $3K | $6K | 20x | |
| Variational Omni XAGlong | +0.0052% | 4h | 65.578 | long leg | $5.6M | $9.0M | — | |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.571 | −0.011% | $29K | — | 5x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.560 | −0.027% | $77K | $409K | 20x | as long as short |
| Aster XAGUSDT | +0.0074% | 4h | 65.590 | +0.019% | $2.7M | $1.2M | 100x | as long as short |
| Binance XAGUSDT | +0.0076% | 4h | 65.589 | +0.018% | $190.3M | $863.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0076% | 4h | 65.580 | +0.004% | $114.3M | $162.7M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0087% | 4h | 65.624 | +0.071% | $669K | $313K | 30x | as long as short |
| Aevo XAG-PERP | +0.0088% | 1h | 65.576 | −0.002% | $47K | — | 10x | as long as short |
| tradeXYZ xyz:SILVER | +0.0095% | 1h | 65.562 | −0.024% | $175.6M | $93.1M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0096% | 4h | 65.674 | +0.147% | $389K | $1.6M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.532 | −0.069% | $462K | $520K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.550 | −0.042% | $25.3M | $4.3M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.610 | +0.049% | $112K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.710 | +0.202% | $1.6M | $1.9M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0107% | 24h | 65.588 | +0.016% | $792K | $38.8M | 8.1x | as long as short |
| Phoenix SILVER | +0.0122% | 1h | 65.734 | +0.238% | $55K | $14K | 25x | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.587 | +0.014% | $5.3M | $11.8M | 25x | as long as short |
| Nado XAG-PERP | +0.0144% | 1h | 65.611 | +0.052% | $1.2M | $3.4M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0178% | 8h | 65.600 | +0.034% | $27.9M | $85.7M | 50x | as long as short |
| Bullet SILVER-USD | +0.0213% | 1h | 65.612 | +0.052% | $45K | $73K | 10x | as long as short |
| Bitget XAGUSDT | +0.0214% | 4h | 65.600 | +0.034% | $23.1M | $52.8M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 65.595 | +0.026% | $21K | $12K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0225% | 1h | 65.645 | +0.102% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0281% / S −0.0253% | 1h | 65.595 | +0.026% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0316% | 4h | 65.670 | +0.141% | $2.7M | $785K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0540% | 1h | 65.574 | −0.005% | $1.0M | $943K | 25x | as long as short |
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Bybit XAGUSDT
QFEX SILVER-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
Paradex XAG-USD-PERP
Deribit SILVER_USDC-PERPETUAL
Aster XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Aevo XAG-PERP
tradeXYZ xyz:SILVER
GRVT XAG_USDT_Perp
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Phoenix SILVER
Lighter XAG
Nado XAG-PERP
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Bitget XAGUSDT
Hibachi XAG/USDT-P
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD