Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against Variational Omni−0.005%7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.005%+$1 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.005%, 7d avg +0.007%
=Together, before fees+0.024%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAG | 65.344 | 0.0043 | pay 0.0021% / 4h | 1h 29m | $5.5M | $9.4M | — |
| Short | Binance XAGUSDT | 65.340 | 0.0065 | get 0.0033% / 4h | 1h 29m | $190.1M | $763.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $4.64
- Price spread: −0.005% → +0.007%
- −$1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$6.6
- Costs to cover
- 0.100%
- Break-even
- 17.0 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Binance: live order book, 15 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 Variational Omni RFQ quote, 5 min ago | 2.58 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.76 bp | 5.8 bp −$6 | 6.0 bp −$60 | 8.9 bp −$895 | 19.8 bp −$9,907 |
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 | −0.0176% | 1h | 65.297 | −0.072% | $20K | $20K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0094% | 1h | 65.220 | −0.189% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.074% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.350 | +0.010% | $28.0M | $39.8M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.340 | −0.005% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.380 | +0.056% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.360 | +0.025% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.310 | −0.051% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0018% | 4h | 65.360 | +0.025% | $141.2M | $182.1M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.340 | −0.006% | $4.6M | $9.8M | 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 | 65.268 | −0.115% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.617% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.320 | −0.036% | $786K | $2.9M | 40x | as long as short |
| Aster XAGUSDT | +0.0041% | 4h | 65.340 | −0.005% | $2.7M | $966K | 100x | as long as short |
| Variational Omni XAGlong | +0.0043% | 4h | 65.344 | long leg | $5.5M | $9.4M | — | |
| Vest SI-PERP | +0.0046% | 1h | 65.745 | +0.614% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.320 | −0.036% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.310 | −0.051% | $170.3M | $83.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.296 | −0.073% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.265 | −0.120% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 65.317 | −0.041% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.328 | −0.024% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.313 | −0.047% | $56K | $31K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0064% | 4h | 65.330 | −0.021% | $115.9M | $157.4M | 1000x | as long as short |
| Binance XAGUSDTshort | +0.0065% | 4h | 65.340 | −0.005% | $190.1M | $763.4M | 100x | |
| Aevo XAG-PERP | +0.0072% | 1h | 65.315 | −0.044% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0073% | 4h | 65.347 | +0.006% | $665K | $314K | 30x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.302 | −0.064% | $487K | $30.8M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.285 | −0.090% | $467K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.300 | −0.067% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.340 | −0.005% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0114% | 4h | 65.360 | +0.025% | $397K | $1.6M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0120% | 1h | 65.315 | −0.044% | $35K | $21K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | +0.056% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0128% | 1h | 65.294 | −0.076% | $1.2M | $5.5M | 10x | as long as short |
| Lighter XAG | +0.0136% | 1h | 65.345 | +0.002% | $5.4M | $11.4M | 25x | as long as short |
| Bullet SILVER-USD | +0.0175% | 1h | 65.335 | −0.013% | $43K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0180% | 4h | 65.350 | +0.010% | $23.8M | $46.3M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0185% | 8h | 65.350 | +0.010% | $28.0M | $71.0M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0210% | 1h | 65.310 | −0.051% | $65K | $377K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0221% | 1h | 65.318 | −0.039% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0260% | 4h | 65.350 | +0.010% | $2.6M | $611K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0273% / S −0.0241% | 1h | 65.355 | +0.017% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.301 | −0.065% | $915K | $746K | 25x | as long as short |
Variational Omni XAG
Binance XAGUSDT
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
MEXC SILVER_USDT
edgeX XAGUSDC
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Lighter XAG
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD