Funding you earn now, next payment 04:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.044%
Price spread now: Variational Omni against Hotstuff+0.056%7-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 +$4 a day on $10k at the current rate, and Variational Omni is 0.056% dearer against Hotstuff than usual: you sell high and buy low: +$6 more if the spread 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 | Hotstuff SILVER-PERP | 66.096 | 0.0056 | pay 0.0007% / 1h | 40m 12s | $35K | $21K | 20x |
| Short | Variational Omni XAG | 66.133 | 0.0202 | get 0.0101% / 4h | 40m 12s | $5.6M | $9.7M | — |
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
- $30.75
- Price spread: +0.056% → 0.000%
- $5.56
- 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
- $31.32
- 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 | 2.57 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.085 | −0.017% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.130 | +0.051% | $150.1M | $163.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.130 | +0.051% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.150 | +0.082% | $1.0M | $978K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.140 | +0.067% | $1.5M | $316K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.047 | −0.073% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.101 | +0.008% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.051 | −0.069% | $5.2M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.460% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.140 | +0.067% | $796K | $3.0M | 40x | as long as short |
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 PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.557 | +0.697% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.101 | +0.008% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.044 | −0.079% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.010 | −0.130% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.130 | +0.051% | $115K | $2.7M | 20x | as long as short |
| Hotstuff SILVER-PERPlong | +0.0056% | 1h | 66.096 | long leg | $35K | $21K | 20x | |
| Phoenix SILVER | +0.0060% | 1h | 66.069 | −0.041% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0068% | 24h | 66.089 | −0.011% | $508K | $25.5M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.083 | −0.020% | $470K | $616K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.090 | −0.009% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.100 | +0.006% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0133% | 1h | 66.085 | −0.017% | $165.4M | $74.1M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.134 | +0.058% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0143% | 4h | 66.129 | +0.050% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0148% | 4h | 66.140 | +0.067% | $27.0M | $36.1M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0150% | 8h | 66.126 | +0.045% | $30K | $1K | 5x | as long as short |
| Nado XAG-PERP | +0.0187% | 1h | 66.079 | −0.025% | $1.3M | $6.5M | 10x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.122 | +0.039% | $47K | — | 10x | as long as short |
| Lighter XAG | +0.0200% | 1h | 66.113 | +0.026% | $5.2M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | +0.051% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAGshort | +0.0202% | 4h | 66.133 | +0.056% | $5.6M | $9.7M | — | |
| MEXC SILVER_USDT | +0.0212% | 4h | 66.120 | +0.036% | $109.0M | $152.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0213% | 4h | 66.129 | +0.050% | $192.8M | $701.4M | 100x | as long as short |
| edgeX XAGUSDC | +0.0226% | 4h | 66.170 | +0.113% | $671K | $310K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0229% | 8h | 66.130 | +0.051% | $27.7M | $65.5M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0231% | 1h | 66.101 | +0.008% | $80K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0240% | 4h | 66.140 | +0.067% | $2.6M | $554K | 100x | as long as short |
| Bitget XAGUSDT | +0.0256% | 4h | 66.130 | +0.051% | $23.8M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0276% | 4h | 66.163 | +0.102% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0313% | 1h | 66.139 | +0.065% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0344% | 1h | 66.098 | +0.002% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0356% | 1h | 66.090 | −0.009% | $62K | $348K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0373% / S −0.0406% | 1h | 66.125 | +0.044% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.099 | +0.005% | $912K | $676K | 25x | as long as short |
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Nado XAG-PERP
Aevo XAG-PERP
Lighter XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
BloFin XAG-USDT
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD