Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: KuCoin against gTrade (Gains Network)+0.038%7-day average +0.028% · 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−$285as in the Price arb table
costs, in and out, $10k−$2862.864% of the position
Funding, last 3 days (all we have)+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)−0.108%−$11 · spread now +0.038%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, 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 | 66.345 | L +0.0004% / S −0.0006% | pay 0.0000% / 1h | 36m 01s | $120K | — | 250x |
| Short | KuCoin XAGUSDTM | 66.370 | 0.0100 | get 0.0050% / 4h | 36m 01s | $24.4M | $4.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $20.22
- Price spread: +0.038% → +0.028%
- $0.95
- Slippage, 4 orders
- −$264.36
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$265.19
- Costs to cover
- 2.864%
- Break-even
- 98.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 8 min ago; KuCoin: 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 gTrade (Gains Network) virtual book (oracle venue), 8 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 KuCoin live order book, 3 min ago | 1.51 bp | 8.4 bp −$8 | 13.9 bp −$139 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.370 | +0.037% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.430 | +0.128% | $25.9M | $33.7M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.420 | +0.113% | $147.2M | $170.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.410 | +0.098% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.440 | +0.143% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.440 | +0.143% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDlong | L +0.0004% / S −0.0006% | 1h | 66.345 | long leg | $120K | — | 250x | |
| Lighter RH XAG | +0.0032% | 1h | 66.400 | +0.083% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.344 | −0.002% | $5.5M | $12.3M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.083% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.418 | +0.110% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.340 | −0.008% | $794K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.848 | +0.758% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.370 | +0.038% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.342 | −0.005% | $4K | $5K | 20x | as long as short |
| BloFin XAG-USDT | +0.0050% | 4h | 66.430 | +0.128% | $2.6M | $650K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.320 | −0.038% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.371 | +0.039% | $594K | $21.2M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.410 | +0.098% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0070% | 1h | 66.379 | +0.051% | $165.5M | $86.9M | 25x | as long as short |
| Variational Omni XAG | +0.0095% | 4h | 66.427 | +0.124% | $5.6M | $10.1M | — | as long as short |
| Aster XAGUSDT | +0.0096% | 4h | 66.400 | +0.083% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.379 | +0.051% | $475K | $612K | 10x | as long as short |
| KuCoin XAGUSDTMshort | +0.0100% | 4h | 66.370 | +0.038% | $24.4M | $4.5M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.360 | +0.022% | $126K | $26K | 50x | as long as short |
| Paradex XAG-USD-PERP | +0.0103% | 8h | 66.412 | +0.101% | $30K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0104% | 4h | 66.410 | +0.098% | $114.6M | $153.0M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.408 | +0.095% | $48K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0106% | 4h | 66.409 | +0.097% | $191.8M | $722.7M | 100x | as long as short |
| edgeX XAGUSDC | +0.0107% | 4h | 66.436 | +0.137% | $674K | $314K | 30x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.403 | +0.087% | $5.2M | $10.3M | 25x | as long as short |
| Bitget XAGUSDT | +0.0126% | 4h | 66.420 | +0.113% | $24.2M | $47.9M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0154% | 1h | 66.387 | +0.063% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0158% | 4h | 66.470 | +0.188% | $395K | $1.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.420 | +0.113% | $1.9M | $847K | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0184% | 1h | 66.388 | +0.065% | $35K | $21K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0188% | 8h | 66.420 | +0.113% | $27.6M | $66.1M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.420 | +0.113% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0247% | 1h | 66.413 | +0.103% | $45K | $75K | 10x | as long as short |
| Nado XAG-PERP | +0.0258% | 1h | 66.346 | +0.001% | $1.3M | $6.6M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0258% / S −0.0231% | 1h | 66.405 | +0.090% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.387 | +0.063% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.400 | +0.083% | $50K | $361K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0596% | 1h | 66.380 | +0.052% | $767K | $566K | 25x | as long as short |
gTrade (Gains Network) XAG/USD
KuCoin XAGUSDTM
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Phoenix SILVER
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
BloFin XAG-USDT
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
Bitget XAGUSDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD