Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.019%
Price spread now: tradeXYZ against BloFin−0.085%68s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as 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−$350.350% of the position
Funding, last 7 days+0.278%+$28 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.085%, 7d avg −0.074%
=Together, before fees+0.251%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.278%, so the current rate has only just turned against you. The two prices were read 68 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 | 66.810 | 0.0060 | pay 0.0030% / 4h | 3h 45m | $2.6M | $692K | 100x |
| Short | tradeXYZ xyz:SILVER | 66.753 | 0.0050 | get 0.0006% / 1h | 45m 54s | $166.1M | $86.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$2.1
- Price spread: −0.085% → −0.074%
- −$1.16
- Slippage, 4 orders
- −$4.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$38.24
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; tradeXYZ: live order book, 3 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, 2 min ago | 0.75 bp | 6.7 bp −$7 | 7.0 bp −$70 | 8.8 bp −$878 | 13.6 bp −$6,814 |
| Sell tradeXYZ live order book, 3 min ago | 0.30 bp | 9.6 bp −$10 | 10.0 bp −$100 | 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 | 66.743 | −0.100% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.800 | −0.015% | $26.1M | $35.3M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.790 | −0.030% | $155.6M | $166.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.800 | −0.015% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.810 | 0.000% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.790 | −0.030% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.735 | −0.112% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.772 | −0.057% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.736 | −0.111% | $5.4M | $13.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.614% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.780 | −0.045% | $804K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 67.241 | +0.645% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.747 | −0.094% | $57K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVERshort | +0.0050% | 1h | 66.753 | −0.085% | $166.1M | $86.2M | 25x | |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.755 | −0.082% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.739 | −0.106% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.700 | −0.165% | $5.7M | $9.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.770 | −0.060% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.747 | −0.094% | $573K | $21.9M | 8.1x | as long as short |
| BloFin XAG-USDTlong | +0.0060% | 4h | 66.810 | long leg | $2.6M | $692K | 100x | |
| Lighter XAG | +0.0072% | 1h | 66.784 | −0.040% | $5.4M | $10.4M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0080% | 1h | 66.796 | −0.021% | $36K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0087% | 8h | 66.787 | −0.034% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0092% | 4h | 66.785 | −0.038% | $5.6M | $9.9M | — | as long as short |
| Aster XAGUSDT | +0.0098% | 4h | 66.798 | −0.018% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.757 | −0.079% | $476K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.760 | −0.075% | $24.7M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.770 | −0.060% | $127K | $26K | 50x | as long as short |
| Binance XAGUSDT | +0.0103% | 4h | 66.792 | −0.027% | $191.9M | $725.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0104% | 4h | 66.790 | −0.030% | $108.6M | $157.0M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.783 | −0.041% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0114% | 4h | 66.841 | +0.047% | $678K | $315K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0118% | 4h | 66.810 | 0.000% | $397K | $1.5M | 25x | as long as short |
| Nado XAG-PERP | +0.0135% | 1h | 66.748 | −0.093% | $1.3M | $6.5M | 10x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.807 | −0.005% | $1.3M | $4.2M | 20x | as long as short |
| Bitget XAGUSDT | +0.0164% | 4h | 66.790 | −0.030% | $24.8M | $48.7M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0175% | 1h | 66.776 | −0.051% | $80K | $40K | 10x | as long as short |
| Bullet SILVER-USD | +0.0183% | 1h | 66.794 | −0.024% | $45K | $75K | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.780 | −0.045% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 66.790 | −0.030% | $28.2M | $67.4M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.742 | −0.102% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.795 | −0.022% | $104K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0349% | 1h | 66.790 | −0.030% | $51K | $344K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0487% | 1h | 66.761 | −0.074% | $766K | $589K | 25x | as long as short |
BloFin XAG-USDT
tradeXYZ xyz:SILVER
Bybit XAGUSDT
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-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
Lighter XAG
Paradex XAG-USD-PERP
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
GRVT XAG_USDT_Perp
RISEx XAG/USDC
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD