Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.019%
Price spread now: GRVT against dYdX+0.174%50s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.174% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | dYdX XAG-USD | 66.490 | 0 | get 0.0000% / 1h | 30m 35s | $15K | — | 5x |
| Short | GRVT XAG_USDT_Perp | 66.606 | 0.0100 | get 0.0050% / 4h | 3h 30m | $394K | $1.5M | 25x |
dYdX XAG-USD
GRVT XAG_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against dYdX. 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
- Price spread: +0.174% → 0.000%
- $17.44
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $19.44
- Costs to cover
- 0.190%
- Break-even
- 0.5 days
Slippage unknown: dYdX: no order-book sample; GRVT: live order book, 3 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 3 min ago | 0.75 bp | 6.6 bp −$7 | 6.7 bp −$67 | 38.2 bp −$3,820 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USDlong | 0.0000% | 1h | 66.490 | long leg | $15K | — | 5x | |
| Gate XAG_USDT | 0.0000% | 4h | 66.560 | +0.106% | $155.3M | $167.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.560 | +0.106% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.610 | +0.181% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.600 | +0.166% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.490 | 0.000% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0008% | 1h | 66.516 | +0.040% | $35K | $21K | 20x | as long as short |
| Bybit XAGUSDT | +0.0010% | 4h | 66.570 | +0.121% | $26.1M | $35.3M | 150x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.536 | +0.069% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.486 | −0.005% | $5.4M | $12.4M | 10x | as long as short |
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
Bybit XAGUSDT
Lighter RH XAG
Extended XAG-USDShow 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 | −0.135% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.560 | +0.106% | $801K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.979 | +0.736% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.543 | +0.080% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.516 | +0.040% | $165.4M | $85.5M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.512 | +0.033% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.488 | −0.003% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.450 | −0.060% | $5.7M | $9.7M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.540 | +0.076% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.503 | +0.020% | $567K | $21.5M | 8.1x | as long as short |
| Aster XAGUSDT | +0.0083% | 4h | 66.547 | +0.086% | $2.8M | $1.1M | 100x | as long as short |
| Variational Omni XAG | +0.0087% | 4h | 66.545 | +0.083% | $5.6M | $9.9M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0094% | 8h | 66.540 | +0.076% | $30K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0098% | 4h | 66.550 | +0.091% | $108.5M | $160.2M | 1000x | as long as short |
| Binance XAGUSDT | +0.0099% | 4h | 66.547 | +0.087% | $192.7M | $721.7M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.496 | +0.009% | $475K | $626K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.520 | +0.046% | $24.6M | $4.5M | 75x | as long as short |
| GRVT XAG_USDT_Perpshort | +0.0100% | 4h | 66.606 | +0.174% | $394K | $1.5M | 25x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.540 | +0.076% | $127K | $24K | 50x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.540 | +0.075% | $48K | — | 10x | as long as short |
| BloFin XAG-USDT | +0.0111% | 4h | 66.600 | +0.166% | $2.6M | $703K | 100x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.541 | +0.078% | $5.4M | $10.5M | 25x | as long as short |
| edgeX XAGUSDC | +0.0117% | 4h | 66.616 | +0.190% | $676K | $315K | 30x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.552 | +0.094% | $1.3M | $4.3M | 20x | as long as short |
| Nado XAG-PERP | +0.0164% | 1h | 66.501 | +0.018% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0170% | 4h | 66.550 | +0.091% | $24.5M | $48.1M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.580 | +0.136% | $1.9M | $929K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 66.560 | +0.106% | $27.9M | $67.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0190% | 1h | 66.537 | +0.072% | $80K | $39K | 10x | as long as short |
| Bullet SILVER-USD | +0.0217% | 1h | 66.567 | +0.116% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0240% | 1h | 66.513 | +0.035% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.555 | +0.098% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.540 | +0.076% | $50K | $336K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0489% | 1h | 66.514 | +0.036% | $765K | $565K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
Aster XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aevo XAG-PERP
BloFin XAG-USDT
Lighter XAG
edgeX XAGUSDC
RISEx XAG/USDC
Nado XAG-PERP
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD