Funding you earn now, next payment 07:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.032%
Price spread now: dYdX against Variational Omni−0.074%7-day average — · 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)—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 against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.074% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 26m | $5.5M | $9.4M | — |
| Short | dYdX XAG-USD | 65.295 | 0 | get 0.0000% / 1h | 26m 23s | $12K | $5K | 5x |
Variational Omni XAG
dYdX XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$9.01
- Price spread: −0.074% → 0.000%
- −$7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$26.41
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; dYdX: no order-book sample. 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, 3 min ago | 2.58 bp | doesn't fit | 2.6 bp −$26 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0176% | 1h | 65.292 | −0.079% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0088% | 1h | 65.260 | −0.128% | $5.6M | $9.8M | 25x | as long as short |
| dYdX XAG-USDshort | 0.0000% | 1h | 65.295 | −0.074% | $12K | $5K | 5x | |
| Bybit XAGUSDT | 0.0000% | 4h | 65.410 | +0.102% | $27.8M | $40.0M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.380 | +0.056% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.390 | +0.071% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.380 | +0.056% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.320 | −0.037% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0026% | 4h | 65.400 | +0.086% | $141.1M | $182.4M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.386 | +0.065% | $4.6M | $9.8M | 25x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAGShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.324 | −0.031% | $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 |
| Aster XAGUSDT | +0.0040% | 4h | 65.353 | +0.014% | $2.7M | $975K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.360 | +0.025% | $786K | $2.9M | 40x | as long as short |
| Variational Omni XAGlong | +0.0043% | 4h | 65.344 | long leg | $5.5M | $9.4M | — | |
| Vest SI-PERP | +0.0046% | 1h | 65.807 | +0.709% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.380 | +0.056% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.338 | −0.009% | $170.3M | $83.7M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.366 | +0.034% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.292 | −0.079% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 65.370 | +0.041% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.384 | +0.061% | $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 | +0.0062% | 4h | 65.390 | +0.071% | $116.0M | $157.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0062% | 4h | 65.370 | +0.040% | $191.0M | $763.6M | 100x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.351 | +0.011% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.320 | −0.036% | $487K | $30.8M | 8.1x | as long as short |
| edgeX XAGUSDC | +0.0082% | 4h | 65.326 | −0.027% | $665K | $312K | 30x | as long as short |
| Hotstuff SILVER-PERP | +0.0096% | 1h | 65.319 | −0.038% | $35K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.327 | −0.026% | $467K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.360 | +0.025% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.290 | −0.082% | $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 |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | +0.056% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0130% | 1h | 65.348 | +0.006% | $1.2M | $5.4M | 10x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.393 | +0.076% | $5.4M | $11.4M | 25x | as long as short |
| Bitget XAGUSDT | +0.0176% | 4h | 65.410 | +0.102% | $23.8M | $46.3M | 100x | as long as short |
| Bullet SILVER-USD | +0.0178% | 1h | 65.369 | +0.039% | $44K | $76K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0184% | 8h | 65.400 | +0.086% | $28.0M | $70.7M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.330 | −0.021% | $65K | $378K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0220% | 1h | 65.336 | −0.012% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0255% | 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 | 65.365 | +0.033% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.332 | −0.018% | $915K | $746K | 25x | as long as short |
Extended XAG-USD
Injective XAG/USDC PERP
Aster XAGUSDT
StandX XAG-USD
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
Aevo XAG-PERP
Kalshi KXSILVERPERP
edgeX XAGUSDC
Hotstuff SILVER-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Nado XAG-PERP
Lighter XAG
Bitget XAGUSDT
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD