XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.026%

Price spread now: Variational Omni against SunX+0.040%45s7-day average −0.018% · you sell dearer than you buy

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.026%+$3 on $10k

Price spread, last 3 days (all we have)−0.079%−$8 · spread now +0.040%, 7d avg −0.018%

Together, before fees−0.053%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.058% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.018%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	66.440	0	get 0.0000% / 4h	44m 27s	$2K	$3.1M	20x
Short	Variational Omni XAG	66.467	0.0088	get 0.0044% / 4h	44m 27s	$5.6M	$10.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now +0.040%Rate

Funding earned: $18.4
Price spread: +0.040% → −0.018%: $5.82
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $16.22
Costs to cover: 0.080%
Break-even: 0.8 days

Slippage unknown: SunX: live order book, 3 min ago; Variational Omni: RFQ quote, 5 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 SunX live order book, 3 min ago	29.34 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	2.56 bp	doesn't fit	2.6 bp −$26	6.5 bp −$649	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
dYdX XAG-USD	0.0000%	1h	66.370	−0.106%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.440	0.000%	$25.7M	$33.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.440	0.000%	$147.4M	$169.8M	100x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.440	long leg	$2K	$3.1M	20x
HTX XAG-USDT	0.0000%	4h	66.470	+0.045%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.420	−0.030%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.380	−0.090%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.400	−0.061%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.349	−0.137%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.060%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	66.397	−0.065%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.374	−0.099%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	66.380	−0.090%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.878	+0.659%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.410	−0.045%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.353	−0.131%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.181%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.407	−0.050%	$589K	$21.3M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.430	−0.015%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	66.409	−0.047%	$165.5M	$87.5M	25x	as long as short
Variational Omni XAGshort	+0.0088%	4h	66.467	+0.040%	$5.6M	$10.3M	—
Aster XAGUSDT	+0.0089%	4h	66.420	−0.030%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.354	−0.129%	$475K	$625K	10x	as long as short
MEXC SILVER_USDT	+0.0100%	4h	66.430	−0.015%	$114.3M	$152.9M	1000x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.390	−0.075%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.400	−0.060%	$126K	$26K	50x	as long as short
Binance XAGUSDT	+0.0100%	4h	66.449	+0.013%	$191.6M	$723.0M	100x	as long as short
Paradex XAG-USD-PERP	+0.0104%	8h	66.397	−0.065%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.420	−0.030%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.444	+0.006%	$674K	$315K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.393	−0.070%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0116%	4h	66.450	+0.015%	$24.2M	$48.0M	100x	as long as short
BloFin XAG-USDT	+0.0133%	4h	66.410	−0.045%	$2.6M	$650K	100x	as long as short
Aftermath Perps XAGUSD	+0.0147%	1h	66.417	−0.035%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	66.460	+0.030%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	+0.030%	$1.9M	$859K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.450	+0.015%	$27.6M	$66.3M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.424	−0.024%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0243%	1h	66.446	+0.009%	$46K	$75K	10x	as long as short
Nado XAG-PERP	+0.0256%	1h	66.392	−0.073%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.445	+0.008%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.409	−0.047%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.410	−0.045%	$51K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.394	−0.070%	$767K	$569K	25x	as long as short