Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.1% APRpaid last 24h +0.060%
Price spread now: Kraken Futures against edgeX−0.058%76s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as 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−$320.322% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.058%, 7d avg −0.065%
=Together, before fees+0.094%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. The two prices were read 76 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 7 days it paid 0.134% in total (about 7.0% 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 | 65.378 | 0.0042 | pay 0.0021% / 4h | 35m 36s | $665K | $313K | 30x |
| Short | Kraken Futures PF_XAGUSD | 65.340 | 0.0363 | get 0.0045% / 1h | 35m 36s | $1.0M | $868K | 25x |
edgeX XAGUSDC
Kraken Futures PF_XAGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $67.36
- Price spread: −0.058% → −0.065%
- $0.75
- Slippage, 4 orders
- −$13.22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $35.89
- Costs to cover
- 0.322%
- Break-even
- 3.3 days
Slippage from edgeX: live order book, 3 min ago; Kraken Futures: live order book, 3 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, 3 min ago | 2.30 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$924 | 21.2 bp −$10.6K |
| Sell Kraken Futures live order book, 3 min ago | 3.05 bp | 10.5 bp −$10 | 18.9 bp −$189 | 92.6 bp −$9,259 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0042% | 1h | 65.260 | −0.180% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.297 | −0.123% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.360 | −0.027% | $27.8M | $39.3M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | −0.012% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.380 | +0.004% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.340 | −0.058% | $1.5M | $281K | 100x | as long as short |
| Variational Omni XAG | 0.0000% | 4h | 65.332 | −0.069% | $5.5M | $9.1M | — | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.318 | −0.092% | $118K | — | 250x | as long as short |
| Aster XAGUSDT | +0.0024% | 4h | 65.360 | −0.027% | $2.7M | $928K | 100x | as long as short |
| Binance XAGUSDT | +0.0028% | 4h | 65.357 | −0.031% | $191.7M | $753.4M | 100x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Variational Omni XAG
gTrade (Gains Network) XAG/USD
Aster XAGUSDT
Binance XAGUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SILVER_USDT | +0.0028% | 4h | 65.350 | −0.042% | $118.7M | $157.3M | 1000x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.349 | −0.044% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.298 | −0.122% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.564% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0036% | 4h | 65.370 | −0.012% | $140.8M | $178.1M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | −0.042% | $786K | $2.9M | 40x | as long as short |
| edgeX XAGUSDClong | +0.0042% | 4h | 65.378 | long leg | $665K | $313K | 30x | |
| QFEX SILVER-USD | +0.0044% | 1h | 65.370 | −0.012% | $157K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.798 | +0.643% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.320 | −0.088% | $35K | $21K | 20x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.362 | −0.024% | $47K | — | 10x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.315 | −0.096% | $169.8M | $81.5M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.354 | −0.036% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.299 | −0.120% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.330 | −0.073% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.297 | −0.123% | $56K | $31K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.350 | −0.042% | $531K | $31.8M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.370 | −0.012% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.297 | −0.123% | $465K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.320 | −0.088% | $25.3M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.390 | +0.019% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.365 | −0.019% | $1.2M | $4.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0119% | 4h | 65.380 | +0.004% | $2.7M | $575K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0128% | 4h | 65.357 | −0.032% | $384K | $1.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0154% | 4h | 65.350 | −0.042% | $23.2M | $44.7M | 100x | as long as short |
| Lighter XAG | +0.0160% | 1h | 65.354 | −0.036% | $5.3M | $11.1M | 25x | as long as short |
| Nado XAG-PERP | +0.0161% | 1h | 65.343 | −0.053% | $1.2M | $4.7M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0167% | 8h | 65.350 | −0.042% | $28.2M | $70.0M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0176% | 1h | 65.313 | −0.098% | $20K | $17K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0181% | 1h | 65.328 | −0.076% | $79K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.360 | −0.027% | $65K | $390K | 20x | as long as short |
| Bullet SILVER-USD | +0.0222% | 1h | 65.391 | +0.021% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.375 | −0.004% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0363% | 1h | 65.340 | −0.058% | $1.0M | $868K | 25x |
MEXC SILVER_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
QFEX SILVER-USD
Vest SI-PERP
Hotstuff SILVER-PERP
Aevo XAG-PERP
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
BloFin XAG-USDT
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Lighter XAG
Nado XAG-PERP
OKX XAG-USDT-SWAP
Hibachi XAG/USDT-P
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]