XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.005%

Price spread now: Variational Omni against Aster−0.068%7-day average −0.003% · you buy dearer than you sell

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.010%+$1 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.068%, 7d avg −0.003%

Together, before fees+0.073%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.065% cheaper against Aster than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.003%). If the spread goes back, that is −$7 on $10k: about 6.0 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.010% in total) that is about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	65.449	0.0047	pay 0.0024% / 4h	1h 45m	$2.7M	$966K	100x
Short	Variational Omni XAG	65.404	0.0084	get 0.0042% / 4h	1h 45m	$5.5M	$9.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now −0.068%Rate

Funding earned: $7.68
Price spread: −0.068% → −0.003%: −$6.53
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$6.85
Costs to cover: 0.080%
Break-even: 13.2 days

Slippage unknown: Aster: live order book, 3 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 Aster live order book, 3 min ago	0.76 bp	4.8 bp −$5	6.1 bp −$61	16.0 bp −$1,602	doesn't fit
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
Hibachi XAG/USDT-P	−0.0120%	1h	65.338	−0.169%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0082%	1h	65.280	−0.258%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.338	−0.169%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.420	−0.044%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.440	−0.013%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.440	−0.013%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.360	−0.136%	$118K	—	250x	as long as short
Bybit XAGUSDT	+0.0028%	4h	65.450	+0.002%	$28.5M	$39.6M	150x	as long as short
Gate XAG_USDT	+0.0028%	4h	65.460	+0.017%	$141.4M	$180.4M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.414	−0.053%	$4.6M	$9.7M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.396	−0.081%	$5.1M	$11.6M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	65.368	−0.123%	$35K	$21K	20x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.453%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.380	−0.105%	$786K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.829	+0.581%	—	—	25x	as long as short
Aster XAGUSDTlong	+0.0047%	4h	65.449	long leg	$2.7M	$966K	100x
QFEX SILVER-USD	+0.0050%	1h	65.400	−0.075%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.404	−0.068%	$170.4M	$83.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.375	−0.113%	$3.9M	$716K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.390	−0.090%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.386	−0.096%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.414	−0.053%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.337	−0.171%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.393	−0.085%	$510K	$30.0M	8.1x	as long as short
MEXC SILVER_USDT	+0.0082%	4h	65.450	+0.002%	$115.4M	$157.0M	1000x	as long as short
Binance XAGUSDT	+0.0082%	4h	65.440	−0.013%	$189.5M	$762.5M	100x	as long as short
Variational Omni XAGshort	+0.0084%	4h	65.404	−0.068%	$5.5M	$9.4M	—
Lighter XAG	+0.0088%	1h	65.432	−0.026%	$5.4M	$11.3M	25x	as long as short
Aevo XAG-PERP	+0.0096%	1h	65.391	−0.088%	$47K	—	10x	as long as short
Pacifica XAG	+0.0100%	1h	65.349	−0.152%	$467K	$627K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.420	−0.044%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.430	−0.029%	$112K	$19K	50x	as long as short
edgeX XAGUSDC	+0.0101%	4h	65.447	−0.004%	$666K	$313K	30x	as long as short
Nado XAG-PERP	+0.0101%	1h	65.376	−0.111%	$1.2M	$5.5M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	−0.105%	$1.6M	$1.4M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0132%	4h	65.425	−0.036%	$384K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0140%	1h	65.422	−0.041%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0186%	4h	65.440	−0.013%	$23.8M	$46.7M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0192%	8h	65.440	−0.013%	$27.8M	$71.3M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.400	−0.075%	$65K	$372K	20x	as long as short
Aftermath Perps XAGUSD	+0.0211%	1h	65.414	−0.053%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0321% / S −0.0301%	1h	65.425	−0.036%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0323%	4h	65.400	−0.075%	$2.6M	$617K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.389	−0.091%	$916K	$747K	25x	as long as short