Funding you earn now, next payment 12:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.018%
Price spread now: gTrade (Gains Network) against Extended+0.067%7-day average −0.007% · 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−$269as in the Price arb table
costs, in and out, $10k−$2772.769% of the position
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.067%, 7d avg −0.007%
=Together, before fees−0.037%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.075% dearer against Extended than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.007%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAG-USD | 65.468 | 0.0032 | pay 0.0004% / 1h | 28m 24s | $5.1M | $12.1M | 10x |
| Short | gTrade (Gains Network) XAG/USD | 65.512 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 28m 24s | $118K | — | 250x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$5.49
- Price spread: +0.067% → −0.007%
- $7.45
- Slippage, 4 orders
- −$261.93
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$274.98
- Costs to cover
- 2.769%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle exchange), 14 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 Extended live order book, 4 min ago | 0.08 bp | 2.6 bp −$3 | 4.5 bp −$45 | 9.9 bp −$995 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle exchange), 14 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2012.7 bp −$1.01M |
XAG on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 65.484 | +0.026% | $13K | $8K | 5x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 65.540 | +0.110% | $1.3M | $5.5M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.550 | +0.126% | $136.1M | $202.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.570 | +0.156% | $2K | $2.3M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.630 | +0.248% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.550 | +0.126% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 65.512 | +0.067% | $118K | — | 250x | |
| Variational Omni XAG | +0.0018% | 4h | 65.526 | +0.089% | $5.6M | $9.0M | — | as long as short |
| Ondo Perps XAG-USD.P | +0.0030% | 1h | 65.430 | −0.058% | $5.7M | $11.0M | 25x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.522 | +0.083% | $4.6M | $9.7M | 25x | as long as short |
Show all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USDlong | +0.0032% | 1h | 65.468 | long leg | $5.1M | $12.1M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.322% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | +0.156% | $789K | $3.1M | 40x | as long as short |
| QFEX SILVER-USD | +0.0042% | 1h | 65.530 | +0.095% | $446K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.994 | +0.804% | — | — | 25x | as long as short |
| Bybit XAGUSDT | +0.0046% | 4h | 65.600 | +0.202% | $30.4M | $48.7M | 150x | as long as short |
| Aster XAGUSDT | +0.0048% | 4h | 65.575 | +0.164% | $2.7M | $1.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0050% | 4h | 65.550 | +0.126% | $120.8M | $165.2M | 1000x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.534 | +0.101% | $3.8M | $1.5M | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.493 | +0.039% | $3K | $6K | 20x | as long as short |
| Binance XAGUSDT | +0.0050% | 4h | 65.573 | +0.161% | $190.4M | $867.4M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.498 | +0.045% | $29K | — | 5x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.540 | +0.110% | $77K | $384K | 20x | as long as short |
| Aevo XAG-PERP | +0.0064% | 1h | 65.545 | +0.117% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0066% | 4h | 65.529 | +0.093% | $668K | $316K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0074% | 4h | 65.518 | +0.076% | $394K | $1.6M | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0075% | 1h | 65.541 | +0.112% | $175.5M | $87.3M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.479 | +0.018% | $462K | $509K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.520 | +0.080% | $25.3M | $4.4M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.480 | +0.019% | $112K | $19K | 50x | as long as short |
| Lighter XAG | +0.0104% | 1h | 65.513 | +0.069% | $5.3M | $12.0M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.510 | +0.065% | $1.6M | $2.0M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0109% | 24h | 65.561 | +0.142% | $761K | $39.1M | 8.1x | as long as short |
| Nado XAG-PERP | +0.0112% | 1h | 65.538 | +0.107% | $1.2M | $3.4M | 10x | as long as short |
| Phoenix SILVER | +0.0134% | 1h | 65.499 | +0.048% | $55K | $15K | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0160% | 8h | 65.580 | +0.171% | $27.5M | $87.7M | 50x | as long as short |
| Bitget XAGUSDT | +0.0188% | 4h | 65.570 | +0.156% | $23.2M | $53.9M | 100x | as long as short |
| BloFin XAG-USDT | +0.0208% | 4h | 65.560 | +0.141% | $2.7M | $775K | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0216% | 1h | 65.525 | +0.088% | $21K | $12K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0216% | 1h | 65.530 | +0.095% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0217% | 1h | 65.583 | +0.176% | $44K | $72K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0244% / S −0.0204% | 1h | 65.585 | +0.179% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0540% | 1h | 65.541 | +0.112% | $1.0M | $947K | 25x | as long as short |
Extended XAG-USD
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Variational Omni XAG
Lighter RH XAG
Injective XAG/USDC PERP
StandX XAG-USD
Bybit XAGUSDT
Aster XAGUSDT
MEXC SILVER_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Binance XAGUSDT
Paradex XAG-USD-PERP
Deribit SILVER_USDC-PERPETUAL
edgeX XAGUSDC
GRVT XAG_USDT_Perp
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Phoenix SILVER
OKX XAG-USDT-SWAP
Bitget XAGUSDT
BloFin XAG-USDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD