Funding you earn now, next payment 00:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against ApeX Omni−0.056%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3063.059% of the position
Funding, last 3 days (all we have)−0.092%−$9 on $10k
+Price spread, last 3 days (all we have)+0.142%+$14 · spread now −0.056%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.022% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAGUSDT | 66.400 | 0.0100 | pay 0.0013% / 1h | 44m 35s | $126K | $26K | 50x |
| Short | gTrade (Gains Network) XAG/USD | 66.362 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 44m 35s | $120K | — | 250x |
ApeX Omni XAGUSDT
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against ApeX 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
- −$19.77
- Price spread: −0.056% → −0.034%
- −$2.22
- Slippage, 4 orders
- −$285.94
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$327.93
- Costs to cover
- 3.059%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 31 min ago; gTrade (Gains Network): virtual book (oracle venue), 64 min ago.
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 ApeX Omni live order book, 31 min ago | 3.78 bp | 15.9 bp −$16 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 64 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2012.7 bp −$1.01M |
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 | 66.370 | −0.046% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.440 | +0.060% | $25.7M | $33.4M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.410 | +0.015% | $147.3M | $169.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.440 | +0.060% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.470 | +0.105% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.420 | +0.030% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 66.362 | −0.056% | $120K | — | 250x | |
| Lighter RH XAG | +0.0032% | 1h | 66.400 | −0.001% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.349 | −0.077% | $5.5M | $12.3M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | 0.000% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.397 | −0.005% | $56K | $26K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0040% | 1h | 66.374 | −0.039% | $35K | $21K | 20x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.400 | 0.000% | $795K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.881 | +0.724% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.402 | +0.003% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.353 | −0.071% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.320 | −0.120% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.407 | +0.011% | $589K | $21.3M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.430 | +0.045% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0067% | 1h | 66.372 | −0.042% | $165.4M | $87.5M | 25x | as long as short |
| Variational Omni XAG | +0.0088% | 4h | 66.467 | +0.100% | $5.6M | $10.3M | — | as long as short |
| Aster XAGUSDT | +0.0089% | 4h | 66.419 | +0.029% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.354 | −0.069% | $475K | $625K | 10x | as long as short |
| MEXC SILVER_USDT | +0.0100% | 4h | 66.410 | +0.015% | $114.2M | $152.9M | 1000x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.390 | −0.015% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDTlong | +0.0100% | 1h | 66.400 | long leg | $126K | $26K | 50x | |
| Binance XAGUSDT | +0.0100% | 4h | 66.440 | +0.060% | $191.6M | $723.0M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0104% | 8h | 66.397 | −0.005% | $30K | $1K | 5x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.420 | +0.030% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0110% | 4h | 66.444 | +0.067% | $674K | $315K | 30x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.393 | −0.010% | $5.2M | $10.3M | 25x | as long as short |
| Bitget XAGUSDT | +0.0116% | 4h | 66.430 | +0.045% | $24.2M | $47.9M | 100x | as long as short |
| BloFin XAG-USDT | +0.0133% | 4h | 66.410 | +0.015% | $2.6M | $650K | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0146% | 1h | 66.421 | +0.032% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0152% | 4h | 66.460 | +0.090% | $395K | $1.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.460 | +0.090% | $1.9M | $859K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0188% | 8h | 66.440 | +0.060% | $27.6M | $66.3M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.424 | +0.036% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0243% | 1h | 66.443 | +0.065% | $45K | $76K | 10x | as long as short |
| Nado XAG-PERP | +0.0256% | 1h | 66.381 | −0.028% | $1.3M | $6.5M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0257% / S −0.0231% | 1h | 66.425 | +0.038% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.409 | +0.013% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.410 | +0.015% | $51K | $360K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0596% | 1h | 66.394 | −0.009% | $767K | $569K | 25x | as long as short |
Phoenix SILVER
Hotstuff SILVER-PERP
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
MEXC SILVER_USDT
KuCoin XAGUSDTM
Binance XAGUSDT
Paradex XAG-USD-PERP
Aevo XAG-PERP
edgeX XAGUSDC
Lighter XAG
Bitget XAGUSDT
BloFin XAG-USDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
Nado XAG-PERP
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD