Funding you earn now, next payment 07:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.054%
Price spread now: Coinbase International against gTrade (Gains Network)+0.080%7-day average +0.084% · 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−$284as in the Price arb table
costs, in and out, $10k−$2832.832% of the position
Funding, last 3 days (all we have)+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.080%, 7d avg +0.084%
=The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAG/USD | 65.318 | L +0.0004% / S −0.0006% | pay 0.0000% / 1h | 36m 16s | $118K | — | 250x |
| Short | Coinbase International SILVER-PERP-INTX | 65.370 | 0.0096 | get 0.0012% / 1h | 36m 16s | $1.6M | $1.4M | 20x |
gTrade (Gains Network) XAG/USD
Coinbase International SILVER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against gTrade (Gains Network). 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
- $19.38
- Price spread: +0.080% → +0.084%
- −$0.38
- Slippage, 4 orders
- −$263.17
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$264.16
- Costs to cover
- 2.832%
- Break-even
- 102.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 33 min ago; Coinbase International: 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 gTrade (Gains Network) virtual book (oracle venue), 33 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 579.9 bp −$58.0K | 2587.5 bp −$1.29M |
| Sell Coinbase International live order book, 2 min ago | 0.77 bp | 5.8 bp −$6 | 7.3 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0043% | 1h | 65.270 | −0.073% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.297 | −0.032% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.350 | +0.049% | $27.8M | $39.3M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | +0.080% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.380 | +0.095% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.340 | +0.034% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDlong | L +0.0004% / S −0.0006% | 1h | 65.318 | long leg | $118K | — | 250x | |
| Variational Omni XAG | +0.0008% | 4h | 65.432 | +0.175% | $5.5M | $9.1M | — | as long as short |
| Aster XAGUSDT | +0.0023% | 4h | 65.360 | +0.065% | $2.7M | $928K | 100x | as long as short |
| MEXC SILVER_USDT | +0.0028% | 4h | 65.340 | +0.034% | $118.7M | $157.3M | 1000x | 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
Aster XAGUSDT
MEXC SILVER_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAGUSDT | +0.0029% | 4h | 65.340 | +0.034% | $191.8M | $753.3M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.341 | +0.036% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.324 | +0.010% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.657% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0036% | 4h | 65.390 | +0.111% | $140.9M | $178.1M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | +0.049% | $786K | $2.9M | 40x | as long as short |
| edgeX XAGUSDC | +0.0042% | 4h | 65.378 | +0.092% | $665K | $313K | 30x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.370 | +0.080% | $157K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.798 | +0.735% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.320 | +0.004% | $35K | $21K | 20x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.362 | +0.067% | $47K | — | 10x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.348 | +0.046% | $169.8M | $81.5M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.354 | +0.056% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.299 | −0.029% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.355 | +0.058% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.297 | −0.032% | $56K | $31K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.350 | +0.049% | $531K | $31.8M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0096% | 1h | 65.370 | +0.080% | $1.6M | $1.4M | 20x | |
| Pacifica XAG | +0.0100% | 1h | 65.322 | +0.007% | $465K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.320 | +0.004% | $25.3M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.390 | +0.111% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.384 | +0.101% | $1.2M | $4.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0119% | 4h | 65.380 | +0.095% | $2.7M | $575K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0128% | 4h | 65.357 | +0.060% | $384K | $1.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0156% | 4h | 65.380 | +0.095% | $23.3M | $44.8M | 100x | as long as short |
| Lighter XAG | +0.0160% | 1h | 65.344 | +0.040% | $5.3M | $11.1M | 25x | as long as short |
| Nado XAG-PERP | +0.0161% | 1h | 65.343 | +0.038% | $1.2M | $4.7M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0167% | 8h | 65.350 | +0.049% | $28.2M | $70.0M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0176% | 1h | 65.313 | −0.007% | $20K | $17K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0181% | 1h | 65.328 | +0.015% | $79K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.360 | +0.065% | $65K | $390K | 20x | as long as short |
| Bullet SILVER-USD | +0.0222% | 1h | 65.391 | +0.112% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.375 | +0.088% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.340 | +0.034% | $1.0M | $868K | 25x | as long as short |
Binance XAGUSDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
edgeX XAGUSDC
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
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]
Kraken Futures PF_XAGUSD