Funding you earn now, next payment 23:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.034%
Price spread now: BloFin against Bullet−0.093%48s7-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 −$7 a day on $10k at the current rate, and BloFin is 0.093% cheaper against Bullet than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | 66.442 | 0.0268 | pay 0.0033% / 1h | 4m 02s | $46K | $75K | 10x |
| Short | BloFin XAG-USDT | 66.380 | 0.0040 | get 0.0020% / 4h | 1h 04m | $2.6M | $848K | 100x |
Bullet SILVER-USD
BloFin XAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$47.9
- Price spread: −0.093% → 0.000%
- −$9.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.17
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; BloFin: live order book, 9 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 BloFin live order book, 9 min ago | 0.75 bp | 6.8 bp −$7 | 6.8 bp −$68 | 7.6 bp −$763 | 11.7 bp −$5,836 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0271% | 1h | 66.397 | −0.067% | $768K | $569K | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.359 | −0.125% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.450 | +0.013% | $25.7M | $33.5M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.435 | −0.010% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.430 | −0.017% | $146.5M | $174.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.450 | +0.013% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.440 | −0.002% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.430 | −0.017% | $1.5M | $249K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.363 | −0.118% | $120K | — | 250x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.420 | −0.032% | $125K | $2.8M | 20x | as long as short |
Kraken Futures PF_XAGUSD
dYdX XAG-USD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
QFEX SILVER-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 66.416 | −0.038% | $4.8M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.368 | −0.110% | $5.5M | $12.3M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.063% | $11K | $94K | 52x | as long as short |
| BloFin XAG-USDTshort | +0.0040% | 4h | 66.380 | −0.093% | $2.6M | $848K | 100x | |
| StandX XAG-USD | +0.0040% | 1h | 66.370 | −0.108% | $794K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.864 | +0.636% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.398 | −0.066% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.362 | −0.120% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.340 | −0.153% | $5.7M | $10.0M | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0054% | 1h | 66.391 | −0.076% | $165.4M | $88.2M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0058% | 24h | 66.395 | −0.070% | $589K | $21.4M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.345 | −0.145% | $56K | $26K | 25x | as long as short |
| Aster XAGUSDT | +0.0079% | 4h | 66.422 | −0.029% | $2.8M | $1.0M | 100x | as long as short |
| Variational Omni XAG | +0.0080% | 4h | 66.386 | −0.084% | $5.5M | $10.5M | — | as long as short |
| Bitget XAGUSDT | +0.0086% | 4h | 66.450 | +0.013% | $24.2M | $48.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0094% | 4h | 66.430 | −0.017% | $124.2M | $182.8M | 1000x | as long as short |
| Binance XAGUSDT | +0.0094% | 4h | 66.434 | −0.012% | $191.0M | $729.7M | 100x | as long as short |
| edgeX XAGUSDC | +0.0098% | 4h | 66.377 | −0.097% | $673K | $315K | 30x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.381 | −0.092% | $475K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.400 | −0.063% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.330 | −0.168% | $113K | $19K | 50x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.419 | −0.034% | $48K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.380 | −0.093% | $1.9M | $864K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0115% | 8h | 66.413 | −0.044% | $30K | $1K | 5x | as long as short |
| Aftermath Perps XAGUSD | +0.0131% | 1h | 66.316 | −0.189% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0134% | 4h | 66.378 | −0.095% | $402K | $1.4M | 25x | as long as short |
| Lighter XAG | +0.0136% | 1h | 66.418 | −0.036% | $5.2M | $11.0M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0136% | 1h | 66.405 | −0.055% | $35K | $21K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0182% | 8h | 66.440 | −0.002% | $27.5M | $66.7M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0216% | 1h | 66.352 | −0.136% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0218% | 1h | 66.375 | −0.100% | $1.3M | $6.5M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0258% / S −0.0231% | 1h | 66.435 | −0.010% | $103K | — | 111x | as long as short |
| Bullet SILVER-USDlong | +0.0268% | 1h | 66.442 | long leg | $46K | $75K | 10x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0503% | 1h | 66.420 | −0.032% | $51K | $359K | 20x | as long as short |
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Phoenix SILVER
Aster XAGUSDT
Variational Omni XAG
Bitget XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Paradex XAG-USD-PERP
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Lighter XAG
Hotstuff SILVER-PERP
OKX XAG-USDT-SWAP
Hibachi XAG/USDT-P
Nado XAG-PERP
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL