Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.023%
Price spread now: Coinbase International against Aevo−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Coinbase International is 0.040% cheaper against Aevo than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAG-PERP | 66.577 | 0.0136 | pay 0.0017% / 1h | 48m 29s | $48K | — | 10x |
| Short | Coinbase International SILVER-PERP-INTX | 66.550 | 0.0184 | get 0.0023% / 1h | 48m 29s | $1.9M | $965K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aevo. 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
- $10.08
- Price spread: −0.040% → 0.000%
- −$3.99
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$19.91
- Costs to cover
- 0.260%
- Break-even
- 20.8 days
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 5 min ago | 0.75 bp | 8.6 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0064% | 1h | 66.557 | −0.029% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.486 | −0.136% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.600 | +0.035% | $154.9M | $161.1M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.610 | +0.050% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.630 | +0.080% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.580 | +0.005% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.526 | −0.076% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.583 | +0.009% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.528 | −0.072% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.265% | $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 | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.590 | +0.020% | $801K | $2.9M | 40x | as long as short |
| Bybit XAGUSDT | +0.0045% | 4h | 66.620 | +0.065% | $26.4M | $36.0M | 150x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.989 | +0.620% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.508 | −0.103% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.558 | −0.028% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.504 | −0.109% | $3K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.490 | −0.130% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.580 | +0.005% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.545 | −0.047% | $566K | $23.0M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.600 | +0.035% | $1.3M | $4.3M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.540 | −0.055% | $474K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.560 | −0.025% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.580 | +0.005% | $127K | $23K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0101% | 1h | 66.499 | −0.116% | $166.0M | $79.2M | 25x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | −0.010% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0110% | 4h | 66.570 | −0.010% | $2.8M | $1.0M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0119% | 8h | 66.590 | +0.021% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0120% | 4h | 66.595 | +0.027% | $5.6M | $9.7M | — | as long as short |
| Aevo XAG-PERPlong | +0.0136% | 1h | 66.577 | long leg | $48K | — | 10x | |
| MEXC SILVER_USDT | +0.0138% | 4h | 66.600 | +0.035% | $108.5M | $156.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0139% | 4h | 66.600 | +0.035% | $193.1M | $712.0M | 100x | as long as short |
| edgeX XAGUSDC | +0.0140% | 4h | 66.508 | −0.102% | $675K | $314K | 30x | as long as short |
| Lighter XAG | +0.0168% | 1h | 66.591 | +0.022% | $5.4M | $10.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0184% | 1h | 66.550 | −0.040% | $1.9M | $965K | 20x | |
| OKX XAG-USDT-SWAP | +0.0195% | 8h | 66.580 | +0.005% | $28.0M | $66.3M | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0210% | 4h | 66.560 | −0.025% | $397K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0212% | 4h | 66.550 | −0.040% | $24.5M | $46.2M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 66.537 | −0.059% | $80K | $39K | 10x | as long as short |
| Nado XAG-PERP | +0.0217% | 1h | 66.543 | −0.050% | $1.3M | $6.5M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0280% | 1h | 66.528 | −0.073% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0284% | 1h | 66.606 | +0.044% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.595 | +0.028% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0461% | 1h | 66.546 | −0.045% | $767K | $552K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0502% | 1h | 66.570 | −0.010% | $50K | $331K | 20x | as long as short |
Coinbase International SILVER-PERP-INTX
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Bybit XAGUSDT
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
OKX XAG-USDT-SWAP
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL