Funding you earn now, next payment 00:00 UTC+0.0374%/8h= +40.9% APRpaid last 24h +0.055%
Price spread now: Deribit against edgeX+0.091%75s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.265% of the position
Funding, last 4 days (all we have)+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.075%−$7 · spread now +0.091%, 7d avg +0.001%
=Together, before fees+0.008%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Deribit is 0.089% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.083% in total (about 8.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XAGUSDC | 66.480 | 0.0128 | pay 0.0064% / 4h | 21m 49s | $674K | $314K | 30x |
| Short | Deribit SILVER_USDC-PERPETUAL | 66.540 | 0.0502 | get 0.0063% / 1h | 21m 49s | $50K | $369K | 20x |
edgeX XAGUSDC
Deribit SILVER_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $78.46
- Price spread: +0.091% → +0.001%
- $8.94
- Slippage, 4 orders
- −$10.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $60.88
- Costs to cover
- 0.265%
- Break-even
- 1.6 days
Slippage from edgeX: live order book, 57 min ago; Deribit: live order book, 57 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, 57 min ago | 2.26 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$918 | 20.9 bp −$10.5K |
| Sell Deribit live order book, 57 min ago | 0.75 bp | 4.3 bp −$4 | 5.2 bp −$52 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.430 | −0.075% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.560 | +0.121% | $26.2M | $34.5M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.540 | +0.091% | $154.6M | $173.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.540 | +0.091% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.560 | +0.121% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.550 | +0.106% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.481 | +0.003% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.529 | +0.075% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.481 | +0.002% | $5.5M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.120% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
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 PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.409 | −0.106% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.430 | −0.075% | $795K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.955 | +0.715% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.495 | +0.023% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.482 | +0.004% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.400 | −0.120% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.498 | +0.028% | $594K | $21.4M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.510 | +0.046% | $124K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.450 | −0.044% | $35K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0073% | 1h | 66.494 | +0.022% | $165.7M | $86.8M | 25x | as long as short |
| Variational Omni XAG | +0.0100% | 4h | 66.457 | −0.033% | $5.6M | $10.1M | — | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.454 | −0.038% | $480K | $618K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.500 | +0.031% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.420 | −0.090% | $126K | $26K | 50x | as long as short |
| Paradex XAG-USD-PERP | +0.0109% | 8h | 66.505 | +0.038% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0112% | 4h | 66.550 | +0.106% | $2.8M | $1.1M | 100x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.534 | +0.082% | $5.2M | $10.4M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0120% | 4h | 66.530 | +0.076% | $115.0M | $153.2M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 66.522 | +0.063% | $48K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0122% | 4h | 66.550 | +0.106% | $192.7M | $723.8M | 100x | as long as short |
| edgeX XAGUSDClong | +0.0128% | 4h | 66.480 | long leg | $674K | $314K | 30x | |
| Bitget XAGUSDT | +0.0146% | 4h | 66.550 | +0.106% | $24.3M | $48.1M | 100x | as long as short |
| BloFin XAG-USDT | +0.0146% | 4h | 66.500 | +0.031% | $2.6M | $651K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.410 | −0.105% | $1.9M | $848K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0166% | 1h | 66.412 | −0.102% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0174% | 4h | 66.458 | −0.033% | $396K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0195% | 8h | 66.540 | +0.091% | $27.9M | $66.6M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.521 | +0.062% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0257% | 1h | 66.548 | +0.102% | $45K | $76K | 10x | as long as short |
| Nado XAG-PERP | +0.0259% | 1h | 66.452 | −0.041% | $1.3M | $6.6M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.545 | +0.098% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.426 | −0.080% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUALshort | +0.0502% | 1h | 66.540 | +0.091% | $50K | $369K | 20x | |
| Kraken Futures PF_XAGUSD | +0.0595% | 1h | 66.506 | +0.039% | $762K | $586K | 25x | as long as short |
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
QFEX SILVER-USD
Hotstuff SILVER-PERP
tradeXYZ xyz:SILVER
Variational Omni XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Lighter XAG
MEXC SILVER_USDT
Aevo XAG-PERP
Binance XAGUSDT
Bitget XAGUSDT
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
Nado XAG-PERP
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Kraken Futures PF_XAGUSD