Funding you earn now, next payment 03:00 UTC−0.0202%/8h= −22.1% APRpaid last 24h −0.018%
Price spread now: SoDEX against BloFin−0.103%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SoDEX is 0.103% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 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 | 66.320 | 0.0252 | pay 0.0126% / 4h | 1h 27m | $2.6M | $553K | 100x |
| Short | SoDEX SILVER-USD | 66.252 | 0.0050 | get 0.0006% / 1h | 27m 42s | $3K | $6K | 20x |
BloFin XAG-USDT
SoDEX SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$42.48
- Price spread: −0.103% → 0.000%
- −$10.25
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$72.73
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 5 min ago | 0.75 bp | 9.8 bp −$10 | 9.8 bp −$98 | 11.7 bp −$1,171 | 18.2 bp −$9,085 |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 66.272 | −0.072% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.350 | +0.045% | $150.3M | $164.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.330 | +0.015% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.350 | +0.045% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.340 | +0.030% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.272 | −0.072% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.322 | +0.003% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.268 | −0.078% | $5.2M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.121% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.250 | −0.106% | $797K | $2.9M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.767 | +0.674% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.312 | −0.012% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.298 | −0.033% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USDshort | +0.0050% | 1h | 66.252 | −0.103% | $3K | $6K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.230 | −0.136% | $5.7M | $9.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.330 | +0.015% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0064% | 24h | 66.267 | −0.080% | $532K | $24.6M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.278 | −0.063% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0097% | 1h | 66.294 | −0.039% | $166.0M | $74.3M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.285 | −0.053% | $472K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.290 | −0.045% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.260 | −0.090% | $113K | $30K | 50x | as long as short |
| Aster XAGUSDT | +0.0135% | 4h | 66.280 | −0.060% | $2.7M | $887K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0135% | 8h | 66.323 | +0.004% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0158% | 4h | 66.360 | +0.060% | $26.9M | $36.1M | 150x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.317 | −0.005% | $48K | — | 10x | as long as short |
| Variational Omni XAG | +0.0179% | 4h | 66.321 | +0.002% | $5.6M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.332 | +0.018% | $1.3M | $4.5M | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.323 | +0.005% | $5.3M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.270 | −0.075% | $1.9M | $980K | 20x | as long as short |
| MEXC SILVER_USDT | +0.0194% | 4h | 66.340 | +0.030% | $103.3M | $153.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0196% | 4h | 66.349 | +0.043% | $192.3M | $705.9M | 100x | as long as short |
| edgeX XAGUSDC | +0.0198% | 4h | 66.273 | −0.071% | $672K | $315K | 30x | as long as short |
| Nado XAG-PERP | +0.0210% | 1h | 66.270 | −0.075% | $1.3M | $6.6M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.340 | +0.030% | $27.8M | $65.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0235% | 1h | 66.263 | −0.086% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0246% | 4h | 66.340 | +0.030% | $23.8M | $45.8M | 100x | as long as short |
| BloFin XAG-USDTlong | +0.0252% | 4h | 66.320 | long leg | $2.6M | $553K | 100x | |
| GRVT XAG_USDT_Perp | +0.0268% | 4h | 66.350 | +0.045% | $402K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.270 | −0.075% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0280% | 1h | 66.352 | +0.048% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0349% / S −0.0370% | 1h | 66.345 | +0.038% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.300 | −0.030% | $50K | $322K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0549% | 1h | 66.295 | −0.038% | $915K | $671K | 25x | as long as short |
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
Aevo XAG-PERP
Variational Omni XAG
RISEx XAG/USDC
Lighter XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Nado XAG-PERP
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD