Funding you earn now, next payment 06:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.24 per $10,000 · paid last 24h −0.051%
Price spread now: Vest against Bullet+0.671%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Vest is 0.671% dearer against Bullet than usual: you sell high and buy low (spread +0.671% now, against zero (this spread has no 7-day history yet)): +$67 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SILVER-USD | 65.701 | 0.0238 | pay 0.0030% / 1h | 6m 22s | $43K | $76K | 10x |
| Short | Vest SI-PERP | 66.142 | 0.0046 | get 0.0006% / 1h | 6m 22s | — | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$40.29
- Price spread: +0.671% → 0.000%
- $67.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $16.83
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Bullet: no order-book sample; Vest: 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Bullet and Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0040% | 1h | 65.660 | −0.062% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0003% | 1h | 65.630 | −0.108% | $5.7M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.698 | −0.005% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.680 | −0.032% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.760 | +0.090% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.720 | +0.029% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.630 | −0.109% | $119K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.731 | +0.046% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.716 | +0.024% | $4.7M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.636 | −0.099% | $5.2M | $11.7M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.064% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0036% | 4h | 65.710 | +0.014% | $144.5M | $181.1M | 100x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.648 | −0.081% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.720 | +0.029% | $790K | $3.0M | 40x | as long as short |
| Vest SI-PERPshort | +0.0046% | 1h | 66.142 | +0.671% | — | — | 25x | |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.680 | −0.032% | $3.9M | $711K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.621 | −0.122% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.690 | −0.017% | $157K | $2.8M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0063% | 8h | 65.710 | +0.013% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.712 | +0.017% | $488K | $29.1M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0077% | 1h | 65.661 | −0.061% | $171.1M | $82.2M | 25x | as long as short |
| Aster XAGUSDT | +0.0082% | 4h | 65.710 | +0.014% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.675 | −0.040% | $469K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.680 | −0.032% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.580 | −0.184% | $112K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0109% | 4h | 65.700 | −0.002% | $28.9M | $39.2M | 150x | as long as short |
| Variational Omni XAG | +0.0127% | 4h | 65.584 | −0.179% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.727 | +0.040% | $5.4M | $11.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.677 | −0.036% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0131% | 4h | 65.680 | −0.031% | $188.9M | $746.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0132% | 4h | 65.690 | −0.017% | $112.4M | $162.0M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0147% | 4h | 65.560 | −0.214% | $667K | $312K | 30x | as long as short |
| Nado XAG-PERP | +0.0149% | 1h | 65.685 | −0.024% | $1.3M | $5.6M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0168% | 1h | 65.708 | +0.011% | $35K | $21K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.690 | −0.017% | $1.6M | $1.3M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0206% | 1h | 65.598 | −0.157% | $79K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.670 | −0.047% | $66K | $368K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0208% | 4h | 65.644 | −0.086% | $398K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0212% | 8h | 65.690 | −0.017% | $27.9M | $70.3M | 50x | as long as short |
| Bitget XAGUSDT | +0.0212% | 4h | 65.690 | −0.017% | $23.9M | $46.3M | 100x | as long as short |
| Bullet SILVER-USDlong | +0.0238% | 1h | 65.701 | long leg | $43K | $76K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.685 | −0.024% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0373% | 4h | 65.730 | +0.044% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.665 | −0.055% | $916K | $735K | 25x | as long as short |
Bullet SILVER-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 PERP
Gate XAG_USDT
Phoenix SILVER
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Variational Omni XAG
Lighter XAG
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD