Funding you earn now, next payment 08:00 UTC+0.0140%/8h= +15.4% APRpaid last 24h +0.057%
Price spread now: GRVT against gTrade (Gains Network)+0.245%68s7-day average +0.111% · 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−$2852.846% of the position
Funding, last 3 days (all we have)+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.245%, 7d avg +0.111%
=Together, before fees−0.126%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GRVT is 0.134% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.111%. The two prices were read 68 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 | gTrade (Gains Network) XAG/USD | 65.249 | L +0.0004% / S −0.0006% | pay 0.0000% / 1h | 52m 17s | $118K | — | 250x |
| Short | GRVT XAG_USDT_Perp | 65.409 | 0.0144 | get 0.0072% / 4h | 52m 17s | $384K | $1.6M | 25x |
gTrade (Gains Network) XAG/USD
GRVT XAG_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $29.46
- Price spread: +0.245% → +0.111%
- $13.4
- Slippage, 4 orders
- −$265.57
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$241.7
- Costs to cover
- 2.846%
- Break-even
- 64.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 17 min ago; GRVT: live order book, 1 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), 17 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 GRVT live order book, 1 min ago | 0.76 bp | 8.0 bp −$8 | 8.7 bp −$87 | 39.2 bp −$3,923 | 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 | −0.0059% | 1h | 65.200 | −0.076% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0032% | 1h | 65.281 | +0.048% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.287 | +0.058% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.320 | +0.108% | $27.7M | $39.6M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.310 | +0.093% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.350 | +0.154% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.320 | +0.108% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDlong | L +0.0004% / S −0.0006% | 1h | 65.249 | long leg | $118K | — | 250x | |
| Variational Omni XAG | +0.0027% | 4h | 65.403 | +0.235% | $5.5M | $9.1M | — | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.320 | +0.108% | $141.1M | $176.7M | 100x | as long as short |
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Variational Omni XAG
Gate XAG_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.304 | +0.084% | $4.5M | $9.7M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.248 | −0.003% | $5.1M | $11.6M | 10x | as long as short |
| Aster XAGUSDT | +0.0033% | 4h | 65.320 | +0.108% | $2.7M | $952K | 100x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.763% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.330 | +0.124% | $786K | $2.9M | 40x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.300 | +0.078% | $152K | $1.4M | 20x | as long as short |
| Binance XAGUSDT | +0.0045% | 4h | 65.310 | +0.093% | $191.6M | $761.2M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.723 | +0.726% | — | — | 25x | as long as short |
| MEXC SILVER_USDT | +0.0050% | 4h | 65.300 | +0.078% | $117.1M | $156.0M | 1000x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.274 | +0.038% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.248 | −0.002% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.277 | +0.043% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.294 | +0.068% | $56K | $31K | 25x | as long as short |
| edgeX XAGUSDC | +0.0064% | 4h | 65.368 | +0.182% | $665K | $312K | 30x | as long as short |
| Aevo XAG-PERP | +0.0064% | 1h | 65.297 | +0.074% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.284 | +0.053% | $476K | $31.7M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0079% | 1h | 65.273 | +0.036% | $170.4M | $80.9M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.360 | +0.170% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.257 | +0.012% | $468K | $621K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.280 | +0.047% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.370 | +0.185% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.321 | +0.109% | $1.2M | $4.9M | 20x | as long as short |
| GRVT XAG_USDT_Perpshort | +0.0144% | 4h | 65.409 | +0.245% | $384K | $1.6M | 25x | |
| Lighter XAG | +0.0152% | 1h | 65.322 | +0.111% | $5.3M | $11.1M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0160% | 1h | 65.289 | +0.061% | $20K | $17K | 10x | as long as short |
| Nado XAG-PERP | +0.0163% | 1h | 65.262 | +0.019% | $1.2M | $4.8M | 10x | as long as short |
| Bitget XAGUSDT | +0.0166% | 4h | 65.310 | +0.093% | $23.7M | $45.5M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0178% | 8h | 65.300 | +0.078% | $28.1M | $70.6M | 50x | as long as short |
| BloFin XAG-USDT | +0.0202% | 4h | 65.320 | +0.108% | $2.7M | $582K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0210% | 1h | 65.290 | +0.062% | $65K | $387K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0210% | 1h | 65.305 | +0.085% | $78K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0225% | 1h | 65.316 | +0.102% | $44K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.315 | +0.101% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.271 | +0.033% | $1.0M | $873K | 25x | as long as short |
Lighter RH XAG
Extended XAG-USD
Aster XAGUSDT
Injective XAG/USDC PERP
StandX XAG-USD
QFEX SILVER-USD
Binance XAGUSDT
Vest SI-PERP
MEXC SILVER_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
edgeX XAGUSDC
Aevo XAG-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
Lighter XAG
Hibachi XAG/USDT-P
Nado XAG-PERP
Bitget XAGUSDT
OKX XAG-USDT-SWAP
BloFin XAG-USDT
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD