Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.001%
Price spread now: GRVT against Coinbase International+0.036%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.036%, 7d avg +0.071%
=Together, before fees−0.178%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.035% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.071%). If the spread goes back, that is −$3 on $10k: about 3.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.119%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SILVER-PERP-INTX | 65.580 | 0.0120 | pay 0.0015% / 1h | 57m 31s | $1.6M | $1.3M | 20x |
| Short | GRVT XAG_USDT_Perp | 65.604 | 0.0152 | get 0.0076% / 4h | 1h 57m | $395K | $1.6M | 25x |
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $6.72
- Price spread: +0.036% → +0.071%
- −$3.46
- Slippage, 4 orders
- −$10.32
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$26.06
- Costs to cover
- 0.293%
- Break-even
- 34.1 days
Slippage from Coinbase International: live order book, 1 min ago; GRVT: live order book, 1 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 Coinbase International live order book, 1 min ago | 0.76 bp | 8.6 bp −$9 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.76 bp | 8.1 bp −$8 | 8.3 bp −$83 | 44.7 bp −$4,467 | 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 | −0.0080% | 1h | 65.560 | −0.030% | $20K | $19K | 10x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.584 | +0.007% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.640 | +0.091% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.670 | +0.137% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.630 | +0.076% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.580 | 0.000% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.573 | −0.011% | $4.7M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.544 | −0.055% | $5.1M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.250% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.534 | −0.070% | $56K | $26K | 25x | as long as short |
Hibachi XAG/USDT-P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Phoenix SILVERShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0038% | 4h | 65.610 | +0.046% | $144.3M | $176.0M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.590 | +0.015% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.041 | +0.703% | — | — | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0046% | 1h | 65.490 | −0.137% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.575 | −0.008% | $35K | $21K | 20x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.600 | +0.030% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.576 | −0.006% | $170.9M | $82.7M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.594 | +0.021% | $3.9M | $711K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.580 | 0.000% | $3K | $6K | 20x | as long as short |
| Aster XAGUSDT | +0.0060% | 4h | 65.610 | +0.046% | $2.7M | $955K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0061% | 8h | 65.595 | +0.023% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.609 | +0.044% | $1.2M | $4.9M | 20x | as long as short |
| Bybit XAGUSDT | +0.0073% | 4h | 65.630 | +0.076% | $28.8M | $39.1M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.589 | +0.014% | $466K | $29.3M | 8.1x | as long as short |
| Nado XAG-PERP | +0.0097% | 1h | 65.581 | +0.001% | $1.2M | $5.6M | 10x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.558 | −0.033% | $468K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.580 | 0.000% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.560 | −0.030% | $112K | $19K | 50x | as long as short |
| Variational Omni XAG | +0.0101% | 4h | 65.593 | +0.020% | $5.5M | $9.4M | — | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.622 | +0.064% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0106% | 4h | 65.609 | +0.045% | $188.5M | $744.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0106% | 4h | 65.600 | +0.030% | $112.9M | $156.0M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0119% | 4h | 65.591 | +0.017% | $668K | $314K | 30x | as long as short |
| Lighter XAG | +0.0120% | 1h | 65.596 | +0.024% | $5.4M | $11.2M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTXlong | +0.0120% | 1h | 65.580 | long leg | $1.6M | $1.3M | 20x | |
| GRVT XAG_USDT_Perpshort | +0.0152% | 4h | 65.604 | +0.036% | $395K | $1.6M | 25x | |
| Bitget XAGUSDT | +0.0200% | 4h | 65.600 | +0.030% | $23.8M | $46.3M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0205% | 8h | 65.610 | +0.046% | $27.8M | $70.4M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.630 | +0.076% | $66K | $369K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 65.592 | +0.018% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0217% | 1h | 65.640 | +0.091% | $44K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0321% / S −0.0301% | 1h | 65.635 | +0.084% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0348% | 4h | 65.590 | +0.015% | $2.6M | $621K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0491% | 1h | 65.607 | +0.042% | $915K | $735K | 25x | as long as short |
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Ondo Perps XAG-USD.P
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
Bybit XAGUSDT
Kalshi KXSILVERPERP
Nado XAG-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Aevo XAG-PERP
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Lighter XAG
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD