Funding you earn now, next payment 06:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.024%
Price spread now: Coinbase International against Variational Omni−0.128%7-day average −0.026% · 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)+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.128%, 7d avg −0.026%
=Together, before fees+0.224%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.101% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.026%). If the spread goes back, that is −$10 on $10k: about 3.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAG | 65.374 | 0.0026 | pay 0.0013% / 4h | 1h 14m | $5.5M | $9.4M | — |
| Short | Coinbase International SILVER-PERP-INTX | 65.290 | 0.0120 | get 0.0015% / 1h | 14m 54s | $1.6M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $19.79
- Price spread: −0.128% → −0.026%
- −$10.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$0.36
- Costs to cover
- 0.100%
- Break-even
- 7.1 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 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 Variational Omni RFQ quote, 4 min ago | 2.58 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 0.77 bp | 7.2 bp −$7 | 9.1 bp −$91 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0078% | 1h | 65.260 | −0.174% | $5.6M | $9.7M | 25x | as long as short |
| Hibachi XAG/USDT-P | −0.0048% | 1h | 65.320 | −0.082% | $20K | $19K | 10x | as long as short |
| Hotstuff SILVER-PERP | −0.0008% | 1h | 65.335 | −0.059% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.306 | −0.104% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.430 | +0.086% | $27.8M | $39.9M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.390 | +0.025% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.400 | +0.040% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.410 | +0.056% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.318 | −0.085% | $118K | — | 250x | as long as short |
| Variational Omni XAGlong | +0.0026% | 4h | 65.374 | long leg | $5.5M | $9.4M | — |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0026% | 4h | 65.440 | +0.102% | $141.2M | $183.8M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.396 | +0.034% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.355 | −0.029% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.570% | $11K | $94K | 52x | as long as short |
| Aster XAGUSDT | +0.0036% | 4h | 65.420 | +0.071% | $2.7M | $975K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.370 | −0.005% | $786K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.795 | +0.645% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.380 | +0.010% | $152K | $2.8M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.352 | −0.033% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.330 | −0.067% | $3K | $6K | 20x | as long as short |
| MEXC SILVER_USDT | +0.0052% | 4h | 65.420 | +0.071% | $116.7M | $157.6M | 1000x | as long as short |
| tradeXYZ xyz:SILVER | +0.0052% | 1h | 65.394 | +0.031% | $170.5M | $83.6M | 25x | as long as short |
| Binance XAGUSDT | +0.0054% | 4h | 65.426 | +0.081% | $191.5M | $764.6M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 65.359 | −0.023% | $29K | $1K | 5x | as long as short |
| edgeX XAGUSDC | +0.0056% | 4h | 65.371 | −0.004% | $665K | $314K | 30x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.386 | +0.019% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.319 | −0.083% | $56K | $31K | 25x | as long as short |
| Aevo XAG-PERP | +0.0064% | 1h | 65.379 | +0.008% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0078% | 24h | 65.350 | −0.036% | $493K | $31.2M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.312 | −0.094% | $469K | $628K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.370 | −0.005% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.320 | −0.082% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0118% | 4h | 65.365 | −0.012% | $391K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0120% | 1h | 65.290 | −0.128% | $1.6M | $1.4M | 20x | |
| Nado XAG-PERP | +0.0137% | 1h | 65.333 | −0.062% | $1.2M | $5.1M | 10x | as long as short |
| Lighter XAG | +0.0152% | 1h | 65.402 | +0.044% | $5.3M | $11.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0172% | 4h | 65.420 | +0.071% | $23.7M | $46.4M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0182% | 8h | 65.430 | +0.086% | $28.0M | $71.1M | 50x | as long as short |
| Bullet SILVER-USD | +0.0189% | 1h | 65.409 | +0.054% | $44K | $76K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0211% | 1h | 65.340 | −0.051% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0216% | 4h | 65.400 | +0.040% | $2.6M | $601K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0273% / S −0.0241% | 1h | 65.385 | +0.017% | $93K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0362% | 1h | 65.390 | +0.025% | $65K | $381K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.356 | −0.027% | $916K | $746K | 25x | as long as short |
Variational Omni XAG
Coinbase International SILVER-PERP-INTX
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
Aster XAGUSDT
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
MEXC SILVER_USDT
tradeXYZ xyz:SILVER
Binance XAGUSDT
Paradex XAG-USD-PERP
edgeX XAGUSDC
RISEx XAG/USDC
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Lighter XAG
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD