Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.022%
Price spread now: GRVT against Binance−0.055%79s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.261% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.055%, 7d avg +0.010%
=Together, before fees+0.126%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.065% cheaper against Binance than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.010%). If the spread goes back, that is −$7 on $10k: about 4.9 days of funding at the current rate (+$1 a day). The two prices were read 79 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 | Binance XAGUSDT | 65.640 | 0.0107 | pay 0.0054% / 4h | 1h 58m | $188.6M | $744.6M | 100x |
| Short | GRVT XAG_USDT_Perp | 65.604 | 0.0152 | get 0.0076% / 4h | 1h 58m | $395K | $1.6M | 25x |
Binance XAGUSDT
GRVT XAG_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. 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
- $9.4
- Price spread: −0.055% → +0.010%
- −$6.52
- Slippage, 4 orders
- −$7.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$23.22
- Costs to cover
- 0.261%
- Break-even
- 24.3 days
Slippage from Binance: live order book, 16 min ago; GRVT: live order book, 5 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 Binance live order book, 16 min ago | 0.76 bp | 5.8 bp −$6 | 5.8 bp −$58 | 8.7 bp −$873 | 20.3 bp −$10.2K |
| Sell GRVT live order book, 5 min ago | 0.76 bp | 6.5 bp −$7 | 10.4 bp −$104 | 44.5 bp −$4,449 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0080% | 1h | 65.560 | −0.122% | $20K | $19K | 10x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.526 | −0.174% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.640 | 0.000% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.670 | +0.046% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.630 | −0.015% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.580 | −0.091% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.627 | −0.020% | $4.7M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.581 | −0.090% | $5.1M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.158% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.534 | −0.161% | $56K | $26K | 25x | as long as short |
Hibachi XAG/USDT-P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Phoenix SILVERShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0038% | 4h | 65.660 | +0.030% | $144.4M | $176.0M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | −0.107% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.041 | +0.611% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.575 | −0.099% | $35K | $21K | 20x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.640 | 0.000% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.598 | −0.064% | $170.9M | $82.7M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.594 | −0.070% | $3.9M | $711K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.580 | −0.091% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 65.530 | −0.168% | $5.6M | $9.7M | 25x | as long as short |
| Aster XAGUSDT | +0.0061% | 4h | 65.610 | −0.046% | $2.7M | $955K | 100x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.641 | +0.001% | $1.2M | $4.9M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0061% | 8h | 65.626 | −0.021% | $29K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0076% | 4h | 65.650 | +0.015% | $28.8M | $39.1M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.589 | −0.078% | $466K | $29.3M | 8.1x | as long as short |
| Nado XAG-PERP | +0.0077% | 1h | 65.567 | −0.111% | $1.2M | $5.6M | 10x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.581 | −0.090% | $469K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.590 | −0.076% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.560 | −0.122% | $112K | $19K | 50x | as long as short |
| Variational Omni XAG | +0.0101% | 4h | 65.593 | −0.072% | $5.5M | $9.4M | — | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.622 | −0.028% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0106% | 4h | 65.640 | 0.000% | $113.0M | $156.0M | 1000x | as long as short |
| Binance XAGUSDTlong | +0.0107% | 4h | 65.640 | long leg | $188.6M | $744.6M | 100x | |
| Lighter XAG | +0.0120% | 1h | 65.637 | −0.005% | $5.4M | $11.2M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.580 | −0.091% | $1.6M | $1.3M | 20x | as long as short |
| edgeX XAGUSDC | +0.0134% | 4h | 65.570 | −0.107% | $667K | $314K | 30x | as long as short |
| GRVT XAG_USDT_Perpshort | +0.0152% | 4h | 65.604 | −0.055% | $395K | $1.6M | 25x | |
| Bitget XAGUSDT | +0.0202% | 4h | 65.630 | −0.015% | $23.8M | $46.3M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0205% | 8h | 65.640 | 0.000% | $27.9M | $70.5M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.630 | −0.015% | $66K | $369K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 65.592 | −0.073% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0217% | 1h | 65.640 | 0.000% | $44K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0321% / S −0.0301% | 1h | 65.635 | −0.008% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0348% | 4h | 65.590 | −0.076% | $2.6M | $621K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0491% | 1h | 65.607 | −0.050% | $915K | $735K | 25x | as long as short |
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Hotstuff SILVER-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Aster XAGUSDT
RISEx XAG/USDC
Paradex XAG-USD-PERP
Bybit XAGUSDT
Kalshi KXSILVERPERP
Nado XAG-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Lighter XAG
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD