Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.014%
Price spread now: edgeX against Bybit−0.114%51s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$260.261% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.114%, 7d avg −0.013%
=Together, before fees+0.189%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.101% cheaper against Bybit than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.013%). If the spread goes back, that is −$10 on $10k: about 4.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.039% in total) that is about 18 days. The two prices were read 51 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 | Bybit XAGUSDT | 66.090 | 0.0124 | pay 0.0062% / 4h | 3h 22m | $27.8M | $36.6M | 150x |
| Short | edgeX XAGUSDC | 66.015 | 0.0196 | get 0.0098% / 4h | 3h 22m | $670K | $310K | 30x |
Bybit XAGUSDT
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $15.26
- Price spread: −0.114% → −0.013%
- −$10.15
- Slippage, 4 orders
- −$6.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$20.95
- Costs to cover
- 0.261%
- Break-even
- 16.6 days
Slippage from Bybit: live order book, 1 min ago; edgeX: live order book, 31 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 Bybit live order book, 1 min ago | 0.76 bp | 6.3 bp −$6 | 7.4 bp −$74 | 13.7 bp −$1,369 | 49.9 bp −$24.9K |
| Sell edgeX live order book, 31 min ago | 2.27 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$920 | 20.8 bp −$10.4K |
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 | −0.0057% | 1h | 65.920 | −0.257% | $5.7M | $9.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | −0.154% | $15K | — | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.060 | −0.045% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.060 | −0.045% | $1.0M | $957K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.070 | −0.030% | $1.5M | $320K | 100x | as long as short |
| Gate XAG_USDT | +0.0002% | 4h | 66.090 | 0.000% | $150.0M | $163.8M | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.002 | −0.133% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.059 | −0.047% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.011 | −0.120% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.469% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Gate XAG_USDT
gTrade (Gains Network) XAG/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.020 | −0.106% | $794K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.471 | +0.576% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.018 | −0.109% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.002 | −0.133% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.033 | −0.086% | $166.5M | $73.8M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 66.052 | −0.058% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.030 | −0.091% | $114K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.963 | −0.192% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 66.006 | −0.127% | $517K | $26.1M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0080% | 1h | 65.992 | −0.148% | $35K | $21K | 20x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.054 | −0.055% | $1.3M | $4.9M | 20x | as long as short |
| Lighter XAG | +0.0096% | 1h | 66.061 | −0.045% | $5.2M | $10.7M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.016 | −0.112% | $470K | $608K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.040 | −0.076% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.980 | −0.166% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDTlong | +0.0124% | 4h | 66.090 | long leg | $27.8M | $36.6M | 150x | |
| Aster XAGUSDT | +0.0129% | 4h | 66.070 | −0.030% | $2.7M | $866K | 100x | as long as short |
| BloFin XAG-USDT | +0.0160% | 4h | 66.040 | −0.076% | $2.6M | $563K | 100x | as long as short |
| Nado XAG-PERP | +0.0171% | 1h | 66.011 | −0.119% | $1.4M | $5.8M | 10x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.040 | −0.076% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.013 | −0.117% | $5.6M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0184% | 4h | 66.070 | −0.030% | $191.2M | $701.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0186% | 4h | 66.060 | −0.045% | $114.7M | $152.6M | 1000x | as long as short |
| Aftermath Perps XAGUSD | +0.0192% | 1h | 65.982 | −0.163% | $79K | $36K | 10x | as long as short |
| edgeX XAGUSDCshort | +0.0196% | 4h | 66.015 | −0.114% | $670K | $310K | 30x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.050 | −0.061% | $75K | $363K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0206% | 4h | 66.026 | −0.097% | $394K | $1.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | −0.212% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0226% | 8h | 66.080 | −0.015% | $27.7M | $64.6M | 50x | as long as short |
| Bullet SILVER-USD | +0.0228% | 1h | 66.059 | −0.048% | $45K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0230% | 4h | 66.070 | −0.030% | $24.0M | $45.2M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 65.970 | −0.182% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0388% / S −0.0440% | 1h | 66.065 | −0.038% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 66.024 | −0.101% | $911K | $683K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERP
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Hotstuff SILVER-PERP
RISEx XAG/USDC
Lighter XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
BloFin XAG-USDT
Nado XAG-PERP
Aevo XAG-PERP
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Bitget XAGUSDT
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD