Funding you earn now, next payment 22:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.057%
Price spread now: dYdX against Coinbase International−0.125%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$3 a day on $10k at the current rate, and dYdX is 0.125% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SILVER-PERP-INTX | 66.380 | 0.0104 | pay 0.0013% / 1h | 6m 15s | $1.9M | $864K | 20x |
| Short | dYdX XAG-USD | 66.297 | 0 | get 0.0000% / 1h | 6m 15s | $15K | — | 5x |
Coinbase International SILVER-PERP-INTX
dYdX XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- −$21.84
- Price spread: −0.125% → 0.000%
- −$12.5
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$54.34
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; dYdX: 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 Coinbase International live order book, 2 min ago | 2.26 bp | 7.3 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | 66.385 | +0.007% | $768K | $569K | 25x | as long as short |
| dYdX XAG-USDshort | 0.0000% | 1h | 66.297 | −0.125% | $15K | — | 5x | |
| Bybit XAGUSDT | 0.0000% | 4h | 66.430 | +0.075% | $25.7M | $33.5M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.403 | +0.035% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.420 | +0.060% | $146.6M | $173.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.420 | +0.060% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.420 | +0.060% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.410 | +0.045% | $1.5M | $249K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.356 | −0.036% | $120K | — | 250x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.390 | +0.015% | $124K | $2.8M | 20x | as long as short |
Kraken Futures PF_XAGUSD
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 | 66.408 | +0.042% | $4.8M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.354 | −0.039% | $5.5M | $12.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.030% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.330 | −0.075% | $794K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.841 | +0.694% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.374 | −0.009% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.355 | −0.038% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.300 | −0.121% | $5.7M | $10.0M | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0054% | 1h | 66.382 | +0.003% | $165.4M | $88.2M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0058% | 24h | 66.352 | −0.042% | $588K | $21.4M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.349 | −0.047% | $35K | $21K | 20x | as long as short |
| BloFin XAG-USDT | +0.0072% | 4h | 66.340 | −0.060% | $2.5M | $848K | 100x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.292 | −0.133% | $56K | $26K | 25x | as long as short |
| Variational Omni XAG | +0.0073% | 4h | 66.326 | −0.081% | $5.5M | $10.5M | — | as long as short |
| Aster XAGUSDT | +0.0079% | 4h | 66.410 | +0.045% | $2.8M | $1.0M | 100x | as long as short |
| Bitget XAGUSDT | +0.0082% | 4h | 66.430 | +0.075% | $24.1M | $47.9M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0092% | 4h | 66.420 | +0.060% | $123.5M | $182.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0094% | 4h | 66.420 | +0.060% | $190.9M | $729.4M | 100x | as long as short |
| Aevo XAG-PERP | +0.0096% | 1h | 66.409 | +0.044% | $48K | — | 10x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.345 | −0.053% | $475K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.390 | +0.015% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.310 | −0.105% | $113K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTXlong | +0.0104% | 1h | 66.380 | long leg | $1.9M | $864K | 20x | |
| edgeX XAGUSDC | +0.0105% | 4h | 66.317 | −0.095% | $673K | $314K | 30x | as long as short |
| Paradex XAG-USD-PERP | +0.0117% | 8h | 66.382 | +0.003% | $30K | $1K | 5x | as long as short |
| Aftermath Perps XAGUSD | +0.0132% | 1h | 66.309 | −0.108% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0134% | 4h | 66.378 | −0.003% | $402K | $1.4M | 25x | as long as short |
| Lighter XAG | +0.0136% | 1h | 66.412 | +0.048% | $5.2M | $11.0M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0181% | 8h | 66.420 | +0.060% | $27.4M | $66.6M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0200% | 1h | 66.330 | −0.075% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0218% | 1h | 66.355 | −0.037% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0269% | 1h | 66.423 | +0.065% | $46K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0303% / S −0.0300% | 1h | 66.425 | +0.068% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.410 | +0.045% | $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
Hotstuff SILVER-PERP
BloFin XAG-USDT
Phoenix SILVER
Variational Omni XAG
Aster XAGUSDT
Bitget XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
Aevo XAG-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
edgeX XAGUSDC
Paradex XAG-USD-PERP
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Lighter XAG
OKX XAG-USDT-SWAP
Hibachi XAG/USDT-P
Nado XAG-PERP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL