XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.008%

Price spread now: edgeX against Variational Omni+0.096%59s7-day average −0.004% · you sell dearer than you buy

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.015%+$1 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.096%, 7d avg −0.004%

Together, before fees−0.085%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.100% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 59 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	Variational Omni XAG	66.505	0.0129	pay 0.0065% / 4h	2h 38m	$5.5M	$9.8M	—
Short	edgeX XAGUSDC	66.569	0.0153	get 0.0077% / 4h	2h 38m	$676K	$313K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.096%Rate

Funding earned: $5.09
Price spread: +0.096% → −0.004%: $9.98
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $6.08
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; edgeX: live order book, 30 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, 1 min ago	2.56 bp	doesn't fit	2.6 bp −$26	doesn't fit	doesn't fit
Sell edgeX live order book, 30 min ago	2.25 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$916	21.4 bp −$10.7K

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	66.423	−0.124%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.450	−0.082%	$154.3M	$162.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.540	+0.053%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.580	+0.113%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.530	+0.038%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.471	−0.051%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.501	−0.005%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.426	−0.118%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.157%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.530	+0.038%	$800K	$2.9M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.961	+0.686%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.413	−0.138%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.490	−0.022%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.463	−0.063%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.350	−0.233%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.430	−0.112%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.474	−0.046%	$574K	$23.1M	8.1x	as long as short
Bybit XAGUSDT	+0.0077%	4h	66.500	−0.007%	$26.4M	$35.9M	150x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.450	−0.082%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0095%	1h	66.483	−0.033%	$166.0M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.437	−0.102%	$473K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.450	−0.082%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.490	−0.022%	$126K	$23K	50x	as long as short
BloFin XAG-USDT	+0.0103%	4h	66.570	+0.098%	$2.6M	$624K	100x	as long as short
Aster XAGUSDT	+0.0118%	4h	66.480	−0.037%	$2.8M	$968K	100x	as long as short
Paradex XAG-USD-PERP	+0.0123%	8h	66.454	−0.077%	$30K	$1K	5x	as long as short
Variational Omni XAGlong	+0.0129%	4h	66.505	long leg	$5.5M	$9.8M	—
Aevo XAG-PERP	+0.0136%	1h	66.528	+0.036%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0150%	4h	66.480	−0.037%	$102.6M	$158.0M	1000x	as long as short
Binance XAGUSDT	+0.0152%	4h	66.480	−0.037%	$192.9M	$707.1M	100x	as long as short
edgeX XAGUSDCshort	+0.0153%	4h	66.569	+0.096%	$676K	$313K	30x
Lighter XAG	+0.0160%	1h	66.511	+0.009%	$5.4M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	+0.023%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0197%	8h	66.460	−0.067%	$28.1M	$65.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	66.494	−0.016%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0224%	1h	66.474	−0.046%	$1.3M	$6.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0224%	1h	66.483	−0.033%	$35K	$21K	20x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.450	−0.082%	$24.4M	$45.7M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0238%	4h	66.520	+0.023%	$400K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.466	−0.058%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0282%	1h	66.544	+0.059%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.545	+0.061%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.520	+0.023%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0461%	1h	66.497	−0.012%	$767K	$474K	25x	as long as short