Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.008%
Price spread now: GRVT against Bitget+0.009%113s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as 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−$290.293% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now +0.009%, 7d avg +0.011%
=Together, before fees−0.009%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 113 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 | Bitget XAGUSDT | 65.400 | 0.0184 | pay 0.0092% / 4h | 1h 33m | $23.8M | $46.4M | 100x |
| Short | GRVT XAG_USDT_Perp | 65.406 | 0.0120 | get 0.0060% / 4h | 1h 33m | $397K | $1.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- −$13.44
- Price spread: +0.009% → +0.011%
- −$0.2
- Slippage, 4 orders
- −$8.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$42.9
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 4 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 Bitget live order book, 5 min ago | 0.76 bp | 8.0 bp −$8 | 9.2 bp −$92 | 16.5 bp −$1,650 | 46.3 bp −$23.1K |
| Sell GRVT live order book, 4 min ago | 0.76 bp | 8.0 bp −$8 | 8.3 bp −$83 | 43.4 bp −$4,339 | 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 | −0.0160% | 1h | 65.310 | −0.137% | $20K | $20K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0083% | 1h | 65.280 | −0.183% | $5.6M | $9.8M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.160% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.410 | +0.015% | $28.3M | $39.5M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.350 | −0.076% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.380 | −0.031% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.390 | −0.015% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.304 | −0.146% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0020% | 4h | 65.370 | −0.046% | $141.2M | $181.6M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.388 | −0.018% | $4.6M | $9.8M | 25x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.328 | −0.110% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.529% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.390 | −0.015% | $787K | $2.9M | 40x | as long as short |
| Aster XAGUSDT | +0.0045% | 4h | 65.357 | −0.066% | $2.7M | $973K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.767 | +0.561% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.330 | −0.107% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.341 | −0.090% | $170.4M | $83.5M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.302 | −0.150% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.304 | −0.147% | $3K | $6K | 20x | as long as short |
| Variational Omni XAG | +0.0056% | 4h | 65.364 | −0.056% | $5.5M | $9.4M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 65.378 | −0.034% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.398 | −0.003% | $1.3M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.317 | −0.127% | $56K | $31K | 25x | as long as short |
| Binance XAGUSDT | +0.0069% | 4h | 65.395 | −0.008% | $190.0M | $762.7M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0070% | 4h | 65.380 | −0.031% | $116.4M | $157.3M | 1000x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.317 | −0.127% | $480K | $30.8M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0080% | 1h | 65.348 | −0.080% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0084% | 4h | 65.366 | −0.052% | $665K | $313K | 30x | as long as short |
| Hotstuff SILVER-PERP | +0.0096% | 1h | 65.346 | −0.083% | $35K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.331 | −0.106% | $466K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.330 | −0.107% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.330 | −0.107% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perpshort | +0.0120% | 4h | 65.406 | +0.009% | $397K | $1.6M | 25x | |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | −0.031% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0125% | 1h | 65.299 | −0.154% | $1.2M | $5.5M | 10x | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.401 | +0.002% | $5.4M | $11.4M | 25x | as long as short |
| Bullet SILVER-USD | +0.0170% | 1h | 65.367 | −0.050% | $44K | $76K | 10x | as long as short |
| Bitget XAGUSDTlong | +0.0184% | 4h | 65.400 | long leg | $23.8M | $46.4M | 100x | |
| OKX XAG-USDT-SWAP | +0.0187% | 8h | 65.410 | +0.015% | $27.9M | $71.1M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.350 | −0.076% | $65K | $376K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0218% | 1h | 65.357 | −0.066% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0273% / S −0.0241% | 1h | 65.365 | −0.054% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0288% | 4h | 65.350 | −0.076% | $2.6M | $609K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.321 | −0.121% | $915K | $746K | 25x | as long as short |
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Variational Omni XAG
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
Binance XAGUSDT
MEXC SILVER_USDT
Kalshi KXSILVERPERP
edgeX XAGUSDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
Lighter XAG
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD