Funding you earn now, next payment 12:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against edgeX+0.038%64s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.271% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.038%, 7d avg +0.008%
=Together, before fees+0.002%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.031% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 64 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 | edgeX XAGUSDC | 65.315 | 0.0130 | pay 0.0065% / 4h | 2h 20m | $666K | $313K | 30x |
| Short | Bitget XAGUSDT | 65.340 | 0.0246 | get 0.0123% / 4h | 2h 20m | $23.1M | $50.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $24.28
- Price spread: +0.038% → +0.008%
- $3.08
- Slippage, 4 orders
- −$6.12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $0.24
- Costs to cover
- 0.271%
- Break-even
- 6.9 days
Slippage from edgeX: live order book, 31 min ago; Bitget: live order book, 2 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, 31 min ago | 2.30 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$924 | 21.9 bp −$11.0K |
| Sell Bitget live order book, 2 min ago | 0.76 bp | 6.8 bp −$7 | 8.7 bp −$87 | 16.7 bp −$1,670 | 40.6 bp −$20.3K |
XAG on 44 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | −0.0220% | 1h | 64.602 | −1.092% | $11K | $240 | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.0002% | 1h | 65.220 | −0.145% | $5.7M | $10.4M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.257 | −0.089% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.350 | +0.054% | $139.3M | $199.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.360 | +0.069% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.400 | +0.130% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.350 | +0.054% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.272 | −0.066% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.339 | +0.037% | $4.5M | $9.7M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.272 | −0.066% | $5.1M | $11.6M | 10x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | +0.0040% | 1h | 65.308 | −0.011% | $36K | $23K | 20x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.330 | +0.023% | $786K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.753 | +0.671% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.300 | −0.023% | $3.8M | $891K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.266 | −0.075% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0058% | 8h | 65.321 | +0.010% | $29K | $166 | 5x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 65.320 | +0.008% | $444K | $1.4M | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.300 | −0.023% | $1.6M | $1.7M | 20x | as long as short |
| Variational Omni XAG | +0.0094% | 4h | 65.332 | +0.026% | $5.7M | $9.2M | — | as long as short |
| Kalshi KXSILVERPERP | +0.0095% | 24h | 65.349 | +0.052% | $637K | $36.8M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.276 | −0.059% | $465K | $580K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.300 | −0.023% | $25.2M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.260 | −0.084% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0110% | 1h | 65.354 | +0.060% | $55K | $13K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0122% | 1h | 65.305 | −0.015% | $174.0M | $92.9M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0126% | 4h | 65.330 | +0.023% | $119.5M | $166.6M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.332 | +0.026% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0128% | 4h | 65.344 | +0.044% | $193.0M | $836.5M | 100x | as long as short |
| edgeX XAGUSDClong | +0.0130% | 4h | 65.315 | long leg | $666K | $313K | 30x | |
| Aster XAGUSDT | +0.0137% | 4h | 65.343 | +0.043% | $2.7M | $1.1M | 100x | as long as short |
| Nado XAG-PERP | +0.0181% | 1h | 65.284 | −0.048% | $1.2M | $3.9M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 65.335 | +0.031% | $394K | $1.6M | 25x | as long as short |
| Lighter XAG | +0.0200% | 1h | 65.338 | +0.035% | $5.1M | $11.7M | 25x | as long as short |
| RISEx XAG/USDC | +0.0206% | 1h | 65.338 | +0.035% | $1.2M | $4.9M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0212% | 8h | 65.340 | +0.038% | $27.9M | $82.2M | 50x | as long as short |
| Bybit XAGUSDT | +0.0215% | 4h | 65.360 | +0.069% | $30.4M | $46.8M | 150x | as long as short |
| Aftermath Perps XAGUSD | +0.0216% | 1h | 65.312 | −0.004% | $78K | $37K | 10x | as long as short |
| Bitget XAGUSDTshort | +0.0246% | 4h | 65.340 | +0.038% | $23.1M | $50.2M | 100x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0262% / S −0.0228% | 1h | 65.345 | +0.046% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0275% | 1h | 65.340 | +0.038% | $44K | $74K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0280% | 1h | 65.273 | −0.065% | $21K | $12K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0363% | 1h | 65.320 | +0.008% | $77K | $418K | 20x | as long as short |
| BloFin XAG-USDT | +0.0368% | 4h | 65.360 | +0.069% | $2.7M | $754K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0776% | 1h | 65.314 | −0.002% | $1.0M | $936K | 25x | as long as short |
edgeX XAGUSDC
Bitget XAGUSDT
Injective XAG/USDC PERP
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
tradeXYZ xyz:SILVER
MEXC SILVER_USDT
Binance XAGUSDT
Aster XAGUSDT
GRVT XAG_USDT_Perp
Lighter XAG
RISEx XAG/USDC
OKX XAG-USDT-SWAP
Bybit XAGUSDT
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
BloFin XAG-USDT
Kraken Futures PF_XAGUSD