Funding you earn now, next payment 05:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.017%
Price spread now: Variational Omni against SoDEX+0.171%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 airdropVariational 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 0.171% dearer against SoDEX than usual: you sell high and buy low: +$17 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 | SoDEX SILVER-USD | 65.891 | 0.0050 | pay 0.0006% / 1h | 42m 00s | $3K | $6K | 20x |
| Short | Variational Omni XAG | 66.003 | 0.0195 | get 0.0098% / 4h | 3h 42m | $5.6M | $9.4M | — |
SoDEX SILVER-USD
Variational Omni XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SoDEX. 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
- $30.53
- Price spread: +0.171% → 0.000%
- $17.07
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $39.59
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Variational Omni: RFQ quote, 2 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 2.57 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | doesn't fit |
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 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 | −0.0047% | 1h | 65.850 | −0.062% | $5.7M | $9.3M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0016% | 1h | 65.945 | +0.082% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.934 | +0.065% | $14K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.970 | +0.120% | $149.5M | $163.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.960 | +0.105% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.020 | +0.196% | $1.0M | $967K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.980 | +0.135% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.891 | +0.001% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.943 | +0.078% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.888 | −0.004% | $5.1M | $11.5M | 10x | as long as short |
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.772% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.970 | +0.120% | $793K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.384 | +0.748% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.926 | +0.053% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USDlong | +0.0050% | 1h | 65.891 | long leg | $3K | $6K | 20x | |
| tradeXYZ xyz:SILVER | +0.0051% | 1h | 65.920 | +0.044% | $165.9M | $73.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 65.940 | +0.074% | $114K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0072% | 24h | 65.922 | +0.047% | $539K | $25.9M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.967 | +0.115% | $56K | $26K | 25x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 65.955 | +0.098% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.897 | +0.009% | $469K | $614K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.920 | +0.044% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.960 | +0.105% | $113K | $30K | 50x | as long as short |
| Lighter XAG | +0.0104% | 1h | 65.947 | +0.086% | $5.2M | $10.6M | 25x | as long as short |
| Bybit XAGUSDT | +0.0115% | 4h | 65.980 | +0.135% | $27.4M | $36.5M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0120% | 8h | 65.948 | +0.087% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 65.955 | +0.096% | $2.7M | $871K | 100x | as long as short |
| Nado XAG-PERP | +0.0177% | 1h | 65.912 | +0.032% | $1.4M | $6.1M | 10x | as long as short |
| Aevo XAG-PERP | +0.0184% | 1h | 65.946 | +0.083% | $47K | — | 10x | as long as short |
| Variational Omni XAGshort | +0.0195% | 4h | 66.003 | +0.171% | $5.6M | $9.4M | — | |
| BloFin XAG-USDT | +0.0196% | 4h | 66.000 | +0.165% | $2.6M | $556K | 100x | as long as short |
| Binance XAGUSDT | +0.0203% | 4h | 65.958 | +0.101% | $191.0M | $702.5M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0204% | 4h | 65.950 | +0.090% | $112.7M | $152.1M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | +0.090% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0215% | 4h | 66.014 | +0.186% | $670K | $312K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0217% | 1h | 65.937 | +0.070% | $79K | $36K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0218% | 4h | 66.022 | +0.199% | $394K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0234% | 1h | 65.965 | +0.112% | $45K | $76K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0234% | 8h | 65.960 | +0.105% | $27.6M | $64.7M | 50x | as long as short |
| Bitget XAGUSDT | +0.0244% | 4h | 65.950 | +0.090% | $23.9M | $45.3M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0336% | 1h | 65.920 | +0.044% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0357% | 1h | 65.940 | +0.074% | $75K | $363K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 65.965 | +0.112% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0625% | 1h | 65.924 | +0.050% | $910K | $683K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
tradeXYZ xyz:SILVER
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Nado XAG-PERP
Aevo XAG-PERP
BloFin XAG-USDT
Binance XAGUSDT
MEXC SILVER_USDT
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD