Funding you earn now, next payment 08:00 UTC−0.0203%/8h= −22.3% APRpaid last 24h +0.011%
Price spread now: Coinbase International against BloFin+0.093%58s7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as 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−$270.266% of the position
Funding, last 7 days+0.372%+$37 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.093%, 7d avg −0.041%
=The price spread pays, funding is against you. Coinbase International is 0.134% dearer against BloFin than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.041%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.372%, so the current rate has only just turned against you. The two prices were read 58 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 | BloFin XAG-USDT | 64.780 | 0.0283 | pay 0.0142% / 4h | 3h 22m | $2.7M | $695K | 100x |
| Short | Coinbase International SILVER-PERP-INTX | 64.840 | 0.0080 | get 0.0010% / 1h | 22m 02s | $1.6M | $1.5M | 20x |
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$42.67
- Price spread: +0.093% → −0.041%
- $13.38
- Slippage, 4 orders
- −$4.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$55.92
- Costs to cover
- 0.266%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Coinbase International: live order book, 2 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 BloFin live order book, 6 min ago | 0.77 bp | 6.8 bp −$7 | 6.8 bp −$68 | 10.6 bp −$1,063 | 19.6 bp −$9,795 |
| Sell Coinbase International live order book, 2 min ago | 1.54 bp | 6.5 bp −$7 | 8.3 bp −$83 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 64.859 | +0.122% | $12K | $6K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 64.930 | +0.232% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 64.980 | +0.309% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 64.960 | +0.278% | $1.5M | $346K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 64.861 | +0.125% | $117K | — | 250x | as long as short |
| Variational Omni XAG | +0.0021% | 4h | 64.652 | −0.197% | $5.4M | $9.1M | — | as long as short |
| Gate XAG_USDT | +0.0030% | 4h | 64.970 | +0.293% | $139.0M | $187.5M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 64.935 | +0.239% | $4.6M | $9.9M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.862 | +0.126% | $5.0M | $12.0M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −0.275% | $11K | $240 | 52x | as long as short |
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Gate XAG_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 64.770 | −0.015% | $779K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.316 | +0.827% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 64.910 | +0.201% | $446K | $1.5M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.869 | +0.137% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 64.838 | +0.090% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.790 | +0.015% | $5.6M | $10.0M | 25x | as long as short |
| edgeX XAGUSDC | +0.0062% | 4h | 64.689 | −0.140% | $659K | $313K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0070% | 4h | 64.930 | +0.232% | $123.1M | $160.0M | 1000x | as long as short |
| Paradex XAG-USD-PERP | +0.0073% | 8h | 64.944 | +0.252% | $29K | $166 | 5x | as long as short |
| Binance XAGUSDT | +0.0078% | 4h | 64.940 | +0.247% | $198.0M | $787.3M | 100x | as long as short |
| Aevo XAG-PERP | +0.0080% | 1h | 64.891 | +0.171% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0080% | 1h | 64.840 | +0.093% | $1.6M | $1.5M | 20x | |
| Kalshi KXSILVERPERP | +0.0086% | 24h | 64.895 | +0.178% | $488K | $35.1M | 8.1x | as long as short |
| Aster XAGUSDT | +0.0092% | 4h | 64.904 | +0.191% | $2.6M | $1.0M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 64.892 | +0.173% | $463K | $591K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 64.880 | +0.154% | $25.0M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.730 | −0.077% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 64.615 | −0.255% | $55K | $31K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0112% | 1h | 64.800 | +0.031% | $34K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0136% | 1h | 64.924 | +0.222% | $173.0M | $88.6M | 25x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 64.929 | +0.230% | $1.2M | $4.9M | 20x | as long as short |
| Nado XAG-PERP | +0.0164% | 1h | 64.899 | +0.184% | $1.2M | $4.2M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0204% | 4h | 64.730 | −0.077% | $385K | $1.6M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0206% | 8h | 64.960 | +0.278% | $29.0M | $75.8M | 50x | as long as short |
| Bitget XAGUSDT | +0.0212% | 4h | 64.940 | +0.247% | $22.8M | $48.0M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0219% | 1h | 64.772 | −0.013% | $78K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0237% / S −0.0196% | 1h | 64.825 | +0.069% | $92K | — | 111x | as long as short |
| Lighter XAG | +0.0240% | 1h | 64.931 | +0.233% | $5.2M | $11.3M | 25x | as long as short |
| BloFin XAG-USDTlong | +0.0283% | 4h | 64.780 | long leg | $2.7M | $695K | 100x | |
| Bullet SILVER-USD | +0.0309% | 1h | 64.951 | +0.264% | $45K | $75K | 10x | as long as short |
| Bybit XAGUSDT | +0.0340% | 4h | 64.960 | +0.278% | $30.1M | $43.7M | 150x | as long as short |
| Hibachi XAG/USDT-P | +0.0360% | 1h | 64.740 | −0.062% | $20K | $15K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0367% | 1h | 64.920 | +0.216% | $76K | $434K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0419% | 1h | 64.927 | +0.227% | $1.0M | $894K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
QFEX SILVER-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
edgeX XAGUSDC
MEXC SILVER_USDT
Paradex XAG-USD-PERP
Binance XAGUSDT
Aevo XAG-PERP
Kalshi KXSILVERPERP
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
Hotstuff SILVER-PERP
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Nado XAG-PERP
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
Lighter XAG
Bullet SILVER-USD
Bybit XAGUSDT
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD