Funding you earn now, next payment 11:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.047%
Price spread now: Bullet against Extended+0.206%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$5 a day on $10k at the current rate, and Bullet is 0.206% dearer against Extended than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Extended XAG-USD | 65.620 | 0.0032 | pay 0.0004% / 1h | 51m 39s | $5.1M | $11.8M | 10x |
| Short | Bullet SILVER-USD | 65.755 | 0.0209 | get 0.0026% / 1h | 51m 39s | $45K | $74K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Extended. 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
- $37.23
- Price spread: +0.206% → 0.000%
- $20.6
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $44.83
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 5 min ago; Bullet: no order-book sample. 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 Extended live order book, 5 min ago | 0.23 bp | 2.7 bp −$3 | 5.0 bp −$50 | 10.7 bp −$1,065 | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −1.5176% | 1h | 65.532 | −0.134% | $36K | $23K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.651 | +0.047% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.680 | +0.092% | $138.5M | $203.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.750 | +0.198% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.790 | +0.259% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.750 | +0.198% | $1.5M | $251K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0002% | 1h | 65.580 | −0.061% | $5.7M | $11.0M | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.658 | +0.058% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.662 | +0.064% | $4.5M | $9.4M | 25x | as long as short |
| Extended XAG-USDlong | +0.0032% | 1h | 65.620 | long leg | $5.1M | $11.8M | 10x |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.551% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.680 | +0.092% | $790K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.160 | +0.823% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.692 | +0.110% | $3.8M | $894K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.634 | +0.021% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0051% | 1h | 65.635 | +0.023% | $174.6M | $94.0M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.680 | +0.092% | $447K | $1.4M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 65.658 | +0.058% | $29K | $166 | 5x | as long as short |
| Variational Omni XAG | +0.0096% | 4h | 65.678 | +0.089% | $5.7M | $9.1M | — | as long as short |
| Kalshi KXSILVERPERP | +0.0099% | 24h | 65.716 | +0.146% | $711K | $38.6M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.617 | −0.004% | $467K | $570K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.650 | +0.046% | $25.4M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.650 | +0.046% | $112K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.690 | +0.107% | $1.6M | $1.9M | 20x | as long as short |
| Aster XAGUSDT | +0.0111% | 4h | 65.673 | +0.081% | $2.7M | $1.1M | 100x | as long as short |
| Aevo XAG-PERP | +0.0112% | 1h | 65.722 | +0.156% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0113% | 4h | 65.676 | +0.086% | $191.8M | $864.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0114% | 4h | 65.660 | +0.061% | $121.9M | $162.8M | 1000x | as long as short |
| RISEx XAG/USDC | +0.0116% | 1h | 65.689 | +0.105% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0122% | 1h | 65.676 | +0.085% | $55K | $14K | 25x | as long as short |
| edgeX XAGUSDC | +0.0134% | 4h | 65.652 | +0.049% | $669K | $313K | 30x | as long as short |
| Bybit XAGUSDT | +0.0137% | 4h | 65.700 | +0.122% | $30.6M | $48.2M | 150x | as long as short |
| Nado XAG-PERP | +0.0141% | 1h | 65.672 | +0.079% | $1.2M | $3.6M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0146% | 4h | 65.726 | +0.162% | $396K | $1.5M | 25x | as long as short |
| Lighter XAG | +0.0152% | 1h | 65.674 | +0.082% | $5.2M | $11.6M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.720 | +0.153% | $77K | $411K | 20x | as long as short |
| Bullet SILVER-USDshort | +0.0209% | 1h | 65.755 | +0.206% | $45K | $74K | 10x | |
| OKX XAG-USDT-SWAP | +0.0213% | 8h | 65.700 | +0.122% | $28.0M | $85.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0216% | 1h | 65.665 | +0.068% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0244% | 4h | 65.690 | +0.107% | $23.2M | $52.8M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0269% / S −0.0236% | 1h | 65.745 | +0.191% | $93K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 65.658 | +0.058% | $21K | $12K | 10x | as long as short |
| BloFin XAG-USDT | +0.0358% | 4h | 65.720 | +0.153% | $2.7M | $772K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0547% | 1h | 65.712 | +0.140% | $1.0M | $943K | 25x | as long as short |
Extended XAG-USD
Bullet SILVER-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Injective XAG/USDC PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERP
Variational Omni XAG
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
Aster XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
RISEx XAG/USDC
Phoenix SILVER
edgeX XAGUSDC
Bybit XAGUSDT
GRVT XAG_USDT_Perp
Lighter XAG
Deribit SILVER_USDC-PERPETUAL
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD