Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.025%
Price spread now: Nado against ApeX Omni+0.001%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.001%, 7d avg −0.025%
=Together, before fees−0.084%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.026% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAGUSDT | 66.150 | 0.0100 | pay 0.0013% / 1h | 47m 35s | $113K | $51K | 50x |
| Short | Nado XAG-PERP | 66.151 | 0.0150 | get 0.0019% / 1h | 47m 35s | $1.3M | $6.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $10.5
- Price spread: +0.001% → −0.025%
- $2.62
- Slippage, 4 orders
- −$30.78
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$34.66
- Costs to cover
- 0.478%
- Break-even
- 30.1 days
Slippage from ApeX Omni: live order book, 33 min ago; Nado: live order book, 1 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, 33 min ago | 9.08 bp | 19.5 bp −$20 | 53.8 bp −$538 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.08 bp | 4.2 bp −$4 | 8.9 bp −$89 | doesn't fit | doesn't fit |
XAG on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0272% | 1h | 66.168 | +0.027% | $777K | $591K | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0072% | 1h | 66.161 | +0.017% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.121 | −0.043% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.210 | +0.091% | $25.5M | $34.1M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.209 | +0.089% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.190 | +0.060% | $146.4M | $171.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.190 | +0.060% | $2K | $3.3M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.220 | +0.106% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.210 | +0.091% | $1.5M | $247K | 100x | as long as short |
| Bitget XAGUSDT | +0.0002% | 4h | 66.220 | +0.106% | $23.7M | $48.6M | 100x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.131 | −0.029% | $120K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0005% | 4h | 66.200 | +0.075% | $2.8M | $1.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0008% | 4h | 66.209 | +0.089% | $395K | $1.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.190 | +0.060% | $144K | $2.8M | 20x | as long as short |
| Variational Omni XAG | +0.0031% | 4h | 66.189 | +0.060% | $5.4M | $10.7M | — | as long as short |
| Lighter XAG | +0.0032% | 1h | 66.177 | +0.040% | $5.2M | $10.7M | 25x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.174 | +0.037% | $4.5M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.147 | −0.004% | $5.5M | $14.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.378% | $11K | $94K | 52x | as long as short |
| MEXC SILVER_USDT | +0.0040% | 4h | 66.200 | +0.076% | $116.6M | $181.1M | 1000x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.160 | +0.015% | $792K | $2.8M | 40x | as long as short |
| Binance XAGUSDT | +0.0041% | 4h | 66.209 | +0.089% | $189.3M | $760.4M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.640 | +0.741% | — | — | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.160 | +0.015% | $164.0M | $91.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.176 | +0.039% | $3.9M | $715K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.131 | −0.029% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.120 | −0.045% | $5.6M | $9.9M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0054% | 24h | 66.149 | −0.002% | $589K | $21.6M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0056% | 1h | 66.188 | +0.057% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0056% | 4h | 66.191 | +0.062% | $671K | $315K | 30x | as long as short |
| BloFin XAG-USDT | +0.0068% | 4h | 66.180 | +0.045% | $2.5M | $1.2M | 100x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.148 | −0.003% | $56K | $26K | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0075% | 1h | 66.151 | +0.001% | $80K | $40K | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.0090% | 8h | 66.186 | +0.055% | $30K | $1K | 5x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.152 | +0.003% | $474K | $641K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.170 | +0.030% | $24.3M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDTlong | +0.0100% | 1h | 66.150 | long leg | $113K | $51K | 50x | |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.180 | +0.045% | $1.9M | $886K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0140% | 8h | 66.210 | +0.091% | $27.2M | $67.5M | 50x | as long as short |
| Nado XAG-PERPshort | +0.0150% | 1h | 66.151 | +0.001% | $1.3M | $6.5M | 10x | |
| Bullet SILVER-USD | +0.0175% | 1h | 66.213 | +0.096% | $45K | $74K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0360% / S −0.0369% | 1h | 66.195 | +0.068% | $103K | — | 29x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0808% | 1h | 66.210 | +0.091% | $60K | $357K | 20x | as long as short |
ApeX Omni XAGUSDT
Kraken Futures PF_XAGUSD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Bitget XAGUSDT
gTrade (Gains Network) XAG/USD
Aster XAGUSDT
GRVT XAG_USDT_Perp
Variational Omni XAG
Lighter XAG
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
MEXC SILVER_USDT
StandX XAG-USD
Binance XAGUSDT
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
edgeX XAGUSDC
BloFin XAG-USDT
Phoenix SILVER
Aftermath Perps XAGUSD
Paradex XAG-USD-PERP
Pacifica XAG
KuCoin XAGUSDTM
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL