Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.006%
Price spread now: Extended against Bybit−0.031%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now −0.031%, 7d avg −0.084%
=Together, before fees+0.032%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.053% dearer against Bybit than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.084%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAGUSDT | 65.560 | 0.0064 | pay 0.0032% / 4h | 1h 55m | $28.8M | $39.3M | 150x |
| Short | Extended XAG-USD | 65.540 | 0.0032 | get 0.0004% / 1h | 55m 09s | $5.1M | $11.6M | 10x |
Bybit XAGUSDT
Extended XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$6.66
- Price spread: −0.031% → −0.084%
- $5.27
- Slippage, 4 orders
- −$3.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.95
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago | 0.76 bp | 7.2 bp −$7 | 9.4 bp −$94 | 14.6 bp −$1,456 | 55.7 bp −$27.9K |
| Sell Extended live order book, 4 min ago | 0.53 bp | 3.0 bp −$3 | 5.2 bp −$52 | 12.9 bp −$1,292 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0096% | 1h | 65.550 | −0.015% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0022% | 1h | 65.510 | −0.076% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.584 | +0.037% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.610 | +0.076% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.660 | +0.153% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.590 | +0.046% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.527 | −0.051% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.577 | +0.026% | $4.7M | $9.5M | 25x | as long as short |
| Extended XAG-USDshort | +0.0032% | 1h | 65.540 | −0.031% | $5.1M | $11.6M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.281% | $11K | $94K | 52x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0034% | 4h | 65.600 | +0.061% | $144.1M | $176.5M | 100x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.581 | +0.032% | $56K | $31K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.610 | +0.076% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.032 | +0.720% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.575 | +0.023% | $35K | $21K | 20x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.620 | +0.092% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.550 | −0.015% | $170.9M | $83.0M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.589 | +0.044% | $3.9M | $712K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.533 | −0.041% | $3K | $6K | 20x | as long as short |
| Aster XAGUSDT | +0.0059% | 4h | 65.560 | 0.000% | $2.7M | $955K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0060% | 8h | 65.607 | +0.072% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.630 | +0.107% | $1.2M | $4.9M | 20x | as long as short |
| Bybit XAGUSDTlong | +0.0064% | 4h | 65.560 | long leg | $28.8M | $39.3M | 150x | |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.562 | +0.003% | $468K | $29.2M | 8.1x | as long as short |
| Nado XAG-PERP | +0.0092% | 1h | 65.582 | +0.034% | $1.2M | $5.5M | 10x | as long as short |
| Variational Omni XAG | +0.0096% | 4h | 65.634 | +0.112% | $5.5M | $9.4M | — | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.564 | +0.006% | $468K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.560 | 0.000% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.610 | +0.076% | $112K | $19K | 50x | as long as short |
| Binance XAGUSDT | +0.0102% | 4h | 65.550 | −0.015% | $188.6M | $746.9M | 100x | as long as short |
| Lighter XAG | +0.0104% | 1h | 65.582 | +0.033% | $5.4M | $11.2M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0104% | 4h | 65.580 | +0.031% | $113.4M | $156.1M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.585 | +0.038% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0119% | 4h | 65.591 | +0.048% | $668K | $314K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.590 | +0.046% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0148% | 4h | 65.631 | +0.108% | $395K | $1.6M | 25x | as long as short |
| Bullet SILVER-USD | +0.0181% | 1h | 65.652 | +0.140% | $44K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0198% | 4h | 65.590 | +0.046% | $23.8M | $46.3M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0203% | 8h | 65.550 | −0.015% | $27.8M | $70.5M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.604 | +0.067% | $79K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.580 | +0.031% | $66K | $370K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0321% / S −0.0301% | 1h | 65.585 | +0.038% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0342% | 4h | 65.610 | +0.076% | $2.6M | $619K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0491% | 1h | 65.563 | +0.005% | $914K | $735K | 25x | as long as short |
Gate XAG_USDT
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Hotstuff SILVER-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Aster XAGUSDT
Paradex XAG-USD-PERP
RISEx XAG/USDC
Kalshi KXSILVERPERP
Nado XAG-PERP
Variational Omni XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
Lighter XAG
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD