Funding you earn now, next payment 06:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.035%
Price spread now: ApeX Omni against Bullet−0.162%66s7-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 −$4 a day on $10k at the current rate, and ApeX Omni is 0.162% cheaper against Bullet than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | Bullet SILVER-USD | 66.167 | 0.0234 | pay 0.0029% / 1h | 50m 00s | $44K | $76K | 10x |
| Short | ApeX Omni XAGUSDT | 66.060 | 0.0100 | get 0.0013% / 1h | 50m 00s | $113K | $30K | 50x |
Bullet SILVER-USD
ApeX Omni XAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bullet. 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
- −$28.16
- Price spread: −0.162% → 0.000%
- −$16.25
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$62.4
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; ApeX Omni: live order book, 61 min ago. 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 Bullet no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 61 min ago | 4.55 bp | 18.3 bp −$18 | 51.0 bp −$510 | doesn't fit | doesn't fit |
Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0026% | 1h | 66.040 | −0.193% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.104 | −0.096% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.150 | −0.026% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.180 | +0.019% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.160 | −0.011% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.093 | −0.112% | $121K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 66.159 | −0.013% | $1.3M | $4.8M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.141 | −0.040% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.095 | −0.110% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.351% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.018 | −0.226% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.160 | −0.011% | $796K | $3.0M | 40x | as long as short |
| Gate XAG_USDT | +0.0044% | 4h | 66.170 | +0.004% | $149.9M | $153.9M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.581 | +0.625% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.122 | −0.069% | $3.9M | $676K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.091 | −0.116% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.130 | −0.057% | $114K | $2.7M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 66.139 | −0.044% | $30K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 66.126 | −0.063% | $513K | $26.7M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0078% | 1h | 66.118 | −0.075% | $166.7M | $73.8M | 25x | as long as short |
| Bybit XAGUSDT | +0.0092% | 4h | 66.160 | −0.011% | $27.8M | $36.4M | 150x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.102 | −0.100% | $471K | $605K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.110 | −0.087% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDTshort | +0.0100% | 1h | 66.060 | −0.162% | $113K | $30K | 50x | |
| Aster XAGUSDT | +0.0113% | 4h | 66.156 | −0.018% | $2.7M | $873K | 100x | as long as short |
| Lighter XAG | +0.0144% | 1h | 66.147 | −0.031% | $5.2M | $10.6M | 25x | as long as short |
| Variational Omni XAG | +0.0151% | 4h | 66.143 | −0.036% | $5.7M | $9.5M | — | as long as short |
| Aevo XAG-PERP | +0.0152% | 1h | 66.143 | −0.037% | $47K | — | 10x | as long as short |
| BloFin XAG-USDT | +0.0156% | 4h | 66.120 | −0.072% | $2.6M | $571K | 100x | as long as short |
| Binance XAGUSDT | +0.0165% | 4h | 66.156 | −0.018% | $191.4M | $703.3M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0166% | 4h | 66.140 | −0.042% | $116.4M | $151.8M | 1000x | as long as short |
| Nado XAG-PERP | +0.0169% | 1h | 66.118 | −0.074% | $1.4M | $5.6M | 10x | as long as short |
| edgeX XAGUSDC | +0.0172% | 4h | 66.086 | −0.123% | $671K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.980 | −0.283% | $1.8M | $1.0M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 66.063 | −0.157% | $79K | $36K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.130 | −0.057% | $74K | $364K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0212% | 4h | 66.113 | −0.082% | $395K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0222% | 4h | 66.160 | −0.011% | $24.0M | $44.9M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0222% | 8h | 66.160 | −0.011% | $27.8M | $64.7M | 50x | as long as short |
| Bullet SILVER-USDlong | +0.0234% | 1h | 66.167 | long leg | $44K | $76K | 10x | |
| Hotstuff SILVER-PERP | +0.0240% | 1h | 66.123 | −0.067% | $35K | $21K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0328% | 1h | 66.096 | −0.108% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0388% / S −0.0443% | 1h | 66.155 | −0.019% | $106K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0466% | 1h | 66.123 | −0.068% | $909K | $688K | 25x | as long as short |
Phoenix SILVER
StandX XAG-USD
Gate XAG_USDT
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
Aster XAGUSDT
Lighter XAG
Variational Omni XAG
Aevo XAG-PERP
BloFin XAG-USDT
Binance XAGUSDT
MEXC SILVER_USDT
Nado XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Hotstuff SILVER-PERP
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD