Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against edgeX+0.035%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.035%, 7d avg +0.004%
=Together, before fees−0.066%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.031% dearer against edgeX than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of +0.004%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 7 days (−0.020% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XAGUSDC | 66.167 | 0.0234 | pay 0.0117% / 4h | 22m 59s | $671K | $311K | 30x |
| Short | Binance XAGUSDT | 66.190 | 0.0213 | get 0.0106% / 4h | 22m 59s | $192.5M | $701.1M | 100x |
edgeX XAGUSDC
Binance XAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$4.57
- Price spread: +0.035% → +0.004%
- $3.09
- Slippage, 4 orders
- −$6.04
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.52
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; Binance: live order book, 6 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 edgeX live order book, 36 min ago | 2.27 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$918 | 21.0 bp −$10.5K |
| Sell Binance live order book, 6 min ago | 0.76 bp | 5.8 bp −$6 | 5.8 bp −$58 | 9.4 bp −$943 | 20.9 bp −$10.5K |
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-USD | 0.0000% | 1h | 66.086 | −0.122% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.210 | +0.065% | $150.2M | $163.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.200 | +0.050% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.220 | +0.080% | $1.0M | $971K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.200 | +0.050% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.129 | −0.058% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.177 | +0.015% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.123 | −0.066% | $5.2M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.352% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.180 | +0.020% | $796K | $3.1M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.641 | +0.717% | — | — | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0048% | 1h | 66.060 | −0.162% | $5.7M | $9.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.172 | +0.008% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.127 | −0.060% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.170 | +0.005% | $115K | $2.7M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 66.154 | −0.019% | $35K | $21K | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.141 | −0.039% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0070% | 24h | 66.166 | −0.001% | $541K | $25.4M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.141 | −0.039% | $471K | $622K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.150 | −0.025% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.130 | −0.056% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0123% | 1h | 66.148 | −0.029% | $165.6M | $73.9M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.199 | +0.048% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0145% | 4h | 66.180 | +0.020% | $2.7M | $877K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0145% | 8h | 66.190 | +0.035% | $30K | $1K | 5x | as long as short |
| BloFin XAG-USDT | +0.0161% | 4h | 66.220 | +0.080% | $2.6M | $555K | 100x | as long as short |
| Bybit XAGUSDT | +0.0166% | 4h | 66.200 | +0.050% | $27.0M | $36.2M | 150x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.181 | +0.022% | $5.3M | $10.7M | 25x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.186 | +0.028% | $48K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.170 | +0.005% | $1.8M | $1.0M | 20x | as long as short |
| Nado XAG-PERP | +0.0200% | 1h | 66.151 | −0.024% | $1.3M | $6.4M | 10x | as long as short |
| Variational Omni XAG | +0.0208% | 4h | 66.193 | +0.039% | $5.6M | $9.7M | — | as long as short |
| MEXC SILVER_USDT | +0.0212% | 4h | 66.180 | +0.020% | $110.0M | $152.7M | 1000x | as long as short |
| Binance XAGUSDTshort | +0.0213% | 4h | 66.190 | +0.035% | $192.5M | $701.1M | 100x | |
| Aftermath Perps XAGUSD | +0.0218% | 1h | 66.138 | −0.044% | $80K | $37K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0232% | 8h | 66.190 | +0.035% | $27.8M | $65.4M | 50x | as long as short |
| edgeX XAGUSDClong | +0.0234% | 4h | 66.167 | long leg | $671K | $311K | 30x | |
| Bitget XAGUSDT | +0.0258% | 4h | 66.180 | +0.020% | $23.8M | $45.5M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0280% | 4h | 66.200 | +0.050% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0292% | 1h | 66.205 | +0.058% | $44K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.180 | +0.020% | $62K | $348K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0368% | 1h | 66.140 | −0.041% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0382% / S −0.0421% | 1h | 66.195 | +0.043% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0484% | 1h | 66.166 | −0.001% | $913K | $678K | 25x | as long as short |
Vest SI-PERP
Ondo Perps XAG-USD.P
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Hotstuff SILVER-PERP
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Paradex XAG-USD-PERP
BloFin XAG-USDT
Bybit XAGUSDT
Lighter XAG
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Nado XAG-PERP
Variational Omni XAG
MEXC SILVER_USDT
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD