Spread before costs (cost unknown: a leg has no order-book sample)+0.014%
7d average+0.001%if it closes, per $10,000$1funding while held, a day+$1.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SILVER_USDC-PERPETUAL | 66.110 | 0.0053 | pay 0.0007% / 1h | 27m 34s | $89K | $598K | 20x |
| Short | Variational Omni XAG | 66.119 | 0.0102 | get 0.0051% / 4h | 1h 27m | $5.7M | $11.9M | — |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.43
- Funding while held
- $1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4.09
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: live order book, 38 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0049%
- Per $10,000 a day
- +$1.48
- Average in range /8h
- —
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 Deribit live order book, 38 min ago | 3.02 bp | 6.5 bp −$7 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.57 bp | doesn't fit | 2.6 bp −$26 | 5.2 bp −$518 | doesn't fit |
XAG price on every exchange
against the cheapest. Click to use as the short leg.XAG on 43 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.121% | −0.0056% | 1h | $6.1M | $7.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | −0.059% | 0.0000% | 24h | $729K | $18.1M | 8.1x | as long as short |
| SoDEX SILVER-USD | −0.047% | +0.0050% | 1h | $4K | $5K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | −0.041% | −0.0030% | 1h | $739K | $411K | 25x | as long as short |
| Extended XAG-USD | −0.040% | +0.0040% | 1h | $4.2M | $13.4M | 10x | as long as short |
| tradeXYZ xyz:SILVER | −0.039% | +0.0050% | 1h | $161.1M | $87.6M | 25x | as long as short |
| Phoenix SILVER | −0.039% | 0.0000% | 1h | $56K | $26K | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | −0.036% | L +0.0004% / S −0.0006% | 1h | $115K | — | 250x | as long as short |
| Pacifica XAG | −0.035% | +0.0100% | 1h | $476K | $673K | 10x | as long as short |
| Hotstuff SILVER-PERP | −0.023% | +0.0168% | 1h | $31K | $13K | 20x | as long as short |
Show all 43 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.013% | −0.0472% | 1h | $22K | $16K | 10x | as long as short |
| Polymarket Perps SILVER-USD | −0.012% | +0.0050% | 1h | $3.6M | $244K | 20x | as long as short |
| Aftermath Perps XAGUSD | −0.006% | +0.0155% | 1h | $79K | $39K | 10x | as long as short |
| KuCoin XAGUSDTM | 0.000% | +0.0100% | 4h | $24.1M | $3.3M | 75x | as long as short |
| ApeX Omni XAGUSDT | 0.000% | +0.0100% | 1h | $113K | $189K | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUALlong | 0.000% | +0.0053% | 1h | $89K | $598K | 20x | |
| Lighter RH XAG | +0.008% | +0.0032% | 1h | $4.6M | $8.4M | 25x | as long as short |
| dYdX XAG-USD | +0.014% | 0.0000% | 1h | $15K | $997 | 5x | as long as short |
| Variational Omni XAGshort | +0.014% | +0.0102% | 4h | $5.7M | $11.9M | — | |
| QFEX SILVER-USD | +0.015% | +0.0041% | 1h | $147K | $2.8M | 20x | as long as short |
| Aevo XAG-PERP | +0.020% | +0.0104% | 1h | $47K | — | 10x | as long as short |
| RISEx XAG/USDC | +0.024% | 0.0000% | 1h | $1.4M | $2.3M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.027% | +0.0060% | 8h | $30K | $1K | 5x | as long as short |
| Lighter XAG | +0.028% | +0.0120% | 1h | $5.2M | $10.4M | 25x | as long as short |
| MEXC SILVER_USDT | +0.030% | +0.0102% | 4h | $124.9M | $165.4M | 1000x | as long as short |
| Nado XAG-PERP | +0.035% | +0.0090% | 1h | $1.3M | $5.9M | 10x | as long as short |
| Aster XAGUSDT | +0.045% | +0.0024% | 4h | $2.8M | $1.1M | 100x | as long as short |
| Binance XAGUSDT | +0.053% | +0.0099% | 4h | $185.0M | $722.4M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | +0.053% | L +0.0247% / S −0.0236% | 1h | $82K | — | 111x | as long as short |
| edgeX XAGUSDC | +0.059% | +0.0107% | 4h | $668K | $327K | 30x | as long as short |
| Bitget XAGUSDT | +0.061% | +0.0180% | 4h | $22.8M | $46.0M | 100x | as long as short |
| SunX XAG-USDT | +0.061% | 0.0000% | 4h | $2K | $3.4M | 20x | as long as short |
| Bullet SILVER-USD | +0.065% | +0.0227% | 1h | $44K | $78K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.076% | +0.0154% | 8h | $27.7M | $59.2M | 50x | as long as short |
| Gate XAG_USDT | +0.076% | 0.0000% | 4h | $130.1M | $175.4M | 100x | as long as short |
| StandX XAG-USD | +0.076% | +0.0040% | 1h | $701K | $1.6M | 40x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.076% | +0.0224% | 1h | $1.8M | $1.1M | 20x | as long as short |
| Bybit XAGUSDT | +0.091% | +0.0050% | 4h | $23.9M | $34.2M | 150x | as long as short |
| Phemex XAGUSDT | +0.091% | 0.0000% | 4h | $1.5M | $245K | 100x | as long as short |
| BloFin XAG-USDT | +0.091% | +0.0137% | 4h | $2.7M | $1.6M | 100x | as long as short |
| HTX XAG-USDT | +0.106% | 0.0000% | 4h | $1.0M | $866K | 75x | as long as short |
| Injective XAG/USDC PERP | +0.439% | +0.0033% | 1h | $11K | $218K | 52x | as long as short |
| Vest SI-PERP | +0.735% | +0.0046% | 1h | — | — | 25x | as long as short |
Deribit SILVER_USDC-PERPETUAL
Variational Omni XAG
SoDEX
Kraken Futures
Extended
tradeXYZ
Phoenix
gTrade (Gains Network)
Pacifica
Polymarket Perps
KuCoin
ApeX Omni
Lighter RH
RISEx
Paradex
Lighter
MEXC
Aster
Binance
GMX
Bitget
SunX
Bullet
OKX
Gate
StandX
Coinbase International
Bybit
Phemex
BloFin
HTX
Injective