Funding you earn now, next payment 06:00 UTC−0.0153%/8h= −16.7% APRnext payment −$0.19 per $10,000 · paid last 24h −0.035%
Price spread now: QFEX against Aftermath Perps−0.209%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.209% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | Aftermath Perps XAGUSD | 65.938 | 0.0204 | pay 0.0025% / 1h | 33m 42s | $79K | $36K | 10x |
| Short | QFEX SILVER-USD | 65.800 | 0.0051 | get 0.0006% / 1h | 33m 42s | $114K | $2.8M | 20x |
Aftermath Perps XAGUSD
QFEX SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Aftermath Perps. 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
- −$32.03
- Price spread: −0.209% → 0.000%
- −$20.87
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$71.9
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; QFEX: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 4 min ago | 1.52 bp | 7.9 bp −$8 | 8.0 bp −$80 | 10.1 bp −$1,015 | doesn't fit |
Aftermath Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0044% | 1h | 65.700 | −0.360% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.751 | −0.282% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.840 | −0.148% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.880 | −0.087% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.870 | −0.103% | $1.5M | $259K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.772 | −0.252% | $120K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.823 | −0.173% | $1.3M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.803 | −0.204% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.750 | −0.285% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.701% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0034% | 4h | 65.840 | −0.148% | $147.8M | $155.4M | 100x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.953 | +0.023% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.880 | −0.087% | $791K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.274 | +0.510% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.805 | −0.201% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.808 | −0.197% | $3.9M | $677K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.775 | −0.247% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USDshort | +0.0051% | 1h | 65.800 | −0.209% | $114K | $2.8M | 20x | |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 65.798 | −0.212% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0062% | 1h | 65.778 | −0.242% | $166.0M | $73.9M | 25x | as long as short |
| Bybit XAGUSDT | +0.0072% | 4h | 65.840 | −0.148% | $27.6M | $36.6M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 65.842 | −0.145% | $578K | $27.0M | 8.1x | as long as short |
| BloFin XAG-USDT | +0.0094% | 4h | 65.930 | −0.012% | $2.6M | $567K | 100x | as long as short |
| Aster XAGUSDT | +0.0097% | 4h | 65.824 | −0.173% | $2.7M | $884K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.766 | −0.260% | $469K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.780 | −0.239% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.920 | −0.027% | $113K | $30K | 50x | as long as short |
| Variational Omni XAG | +0.0130% | 4h | 65.905 | −0.050% | $5.6M | $9.5M | — | as long as short |
| Lighter XAG | +0.0136% | 1h | 65.798 | −0.212% | $5.3M | $10.8M | 25x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.836 | −0.154% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0144% | 4h | 65.820 | −0.178% | $117.2M | $152.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0145% | 4h | 65.833 | −0.159% | $189.9M | $705.5M | 100x | as long as short |
| edgeX XAGUSDC | +0.0154% | 4h | 65.979 | +0.063% | $670K | $311K | 30x | as long as short |
| Nado XAG-PERP | +0.0155% | 1h | 65.798 | −0.212% | $1.3M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.860 | −0.118% | $1.8M | $1.1M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0180% | 4h | 65.990 | +0.080% | $388K | $1.5M | 25x | as long as short |
| Aftermath Perps XAGUSDlong | +0.0204% | 1h | 65.938 | long leg | $79K | $36K | 10x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0206% | 1h | 65.820 | −0.178% | $72K | $360K | 20x | as long as short |
| Bitget XAGUSDT | +0.0210% | 4h | 65.820 | −0.178% | $23.8M | $45.1M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 65.840 | −0.148% | $27.7M | $64.9M | 50x | as long as short |
| Bullet SILVER-USD | +0.0219% | 1h | 65.852 | −0.130% | $43K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0344% | 1h | 65.860 | −0.117% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0388% / S −0.0443% | 1h | 65.845 | −0.140% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0468% | 1h | 65.810 | −0.194% | $904K | $701K | 25x | as long as short |
Gate XAG_USDT
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Kalshi KXSILVERPERP
BloFin XAG-USDT
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Lighter XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Nado XAG-PERP
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD