Funding you earn now, next payment 12:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h +0.032%
Price spread now: edgeX against Gate−0.050%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.050%, 7d avg −0.008%
=Together, before fees+0.097%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.042% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XAG_USDT | 65.160 | 0.0110 | pay 0.0055% / 4h | 3h 47m | $139.9M | $179.4M | 100x |
| Short | edgeX XAGUSDC | 65.127 | 0.0065 | get 0.0033% / 4h | 3h 47m | $663K | $314K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$9.39
- Price spread: −0.050% → −0.008%
- −$4.22
- Slippage, 4 orders
- −$6.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$43.74
- Costs to cover
- 0.301%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 51 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 Gate live order book, 2 min ago | 0.77 bp | 8.3 bp −$8 | 9.6 bp −$96 | 12.3 bp −$1,227 | 14.6 bp −$7,319 |
| Sell edgeX live order book, 51 min ago | 2.30 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$924 | 21.3 bp −$10.6K |
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 | 65.046 | −0.175% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.140 | −0.031% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.160 | 0.000% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.140 | −0.031% | $1.5M | $291K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.070 | −0.138% | $118K | — | 250x | as long as short |
| Variational Omni XAG | +0.0022% | 4h | 65.154 | −0.009% | $5.4M | $9.1M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.119 | −0.063% | $4.6M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.066 | −0.145% | $4.9M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.903% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.070 | −0.138% | $783K | $3.0M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 65.533 | +0.572% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 65.130 | −0.046% | $174K | $1.4M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.068 | −0.141% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.051 | −0.167% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 65.020 | −0.215% | $5.6M | $9.8M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.107 | −0.081% | $29K | $166 | 5x | as long as short |
| MEXC SILVER_USDT | +0.0060% | 4h | 65.140 | −0.031% | $125.0M | $156.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0062% | 4h | 65.148 | −0.019% | $193.6M | $762.4M | 100x | as long as short |
| edgeX XAGUSDCshort | +0.0065% | 4h | 65.127 | −0.050% | $663K | $314K | 30x | |
| Aster XAGUSDT | +0.0071% | 4h | 65.120 | −0.061% | $2.6M | $997K | 100x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.123 | −0.057% | $47K | — | 10x | as long as short |
| Bybit XAGUSDT | +0.0072% | 4h | 65.150 | −0.015% | $27.4M | $39.2M | 150x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0080% | 1h | 65.070 | −0.138% | $1.6M | $1.4M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0083% | 24h | 65.100 | −0.092% | $480K | $33.4M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0096% | 1h | 65.075 | −0.130% | $35K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.068 | −0.141% | $463K | $592K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.090 | −0.107% | $25.2M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.050 | −0.169% | $111K | $19K | 50x | as long as short |
| Gate XAG_USDTlong | +0.0110% | 4h | 65.160 | long leg | $139.9M | $179.4M | 100x | |
| Phoenix SILVER | +0.0111% | 1h | 65.067 | −0.143% | $55K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0151% | 1h | 65.108 | −0.080% | $174.0M | $85.9M | 25x | as long as short |
| Nado XAG-PERP | +0.0152% | 1h | 65.055 | −0.161% | $1.2M | $4.6M | 10x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 65.121 | −0.059% | $1.3M | $4.9M | 20x | as long as short |
| Bitget XAGUSDT | +0.0188% | 4h | 65.120 | −0.061% | $23.2M | $45.1M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0190% | 8h | 65.140 | −0.031% | $28.6M | $72.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0206% | 1h | 65.074 | −0.132% | $78K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0211% | 1h | 65.090 | −0.107% | $77K | $418K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.125 | −0.054% | $92K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0248% | 4h | 65.150 | −0.015% | $2.7M | $633K | 100x | as long as short |
| Lighter XAG | +0.0256% | 1h | 65.118 | −0.064% | $5.3M | $10.8M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0288% | 1h | 65.070 | −0.138% | $20K | $15K | 10x | as long as short |
| Bullet SILVER-USD | +0.0323% | 1h | 65.148 | −0.018% | $45K | $75K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0396% | 4h | 65.138 | −0.034% | $391K | $1.6M | 25x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0418% | 1h | 65.104 | −0.085% | $1.0M | $868K | 25x | as long as short |
Gate XAG_USDT
edgeX XAGUSDC
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Aster XAGUSDT
Bybit XAGUSDT
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Lighter XAG
Bullet SILVER-USD
GRVT XAG_USDT_Perp
Kraken Futures PF_XAGUSD