Funding you earn now, next payment 04:00 UTC+0.0276%/8h= +30.2% APRnext payment +$1.38 per $10,000 · paid last 24h +0.067%
Price spread now: GRVT against HTX−0.040%77s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.363% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now −0.040%, 7d avg −0.023%
=Together, before fees+0.075%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAG-USDT | 66.190 | 0 | get 0.0000% / 4h | 41m 49s | $1.0M | $978K | 75x |
| Short | GRVT XAG_USDT_Perp | 66.163 | 0.0276 | get 0.0138% / 4h | 41m 49s | $389K | $1.5M | 25x |
HTX XAG-USDT
GRVT XAG_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against HTX. 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
- $57.96
- Price spread: −0.040% → −0.023%
- −$1.73
- Slippage, 4 orders
- −$15.31
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $19.92
- Costs to cover
- 0.363%
- Break-even
- 4.6 days
Slippage from HTX: live order book, 2 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 HTX live order book, 2 min ago | 4.53 bp | 10.5 bp −$11 | 10.5 bp −$105 | 13.5 bp −$1,346 | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.76 bp | 7.9 bp −$8 | 8.2 bp −$82 | 38.0 bp −$3,797 | 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 | 66.085 | −0.159% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.150 | −0.060% | $150.2M | $163.1M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.150 | −0.060% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDTlong | 0.0000% | 4h | 66.190 | long leg | $1.0M | $978K | 75x | |
| Phemex XAGUSDT | 0.0000% | 4h | 66.180 | −0.015% | $1.5M | $316K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.077 | −0.171% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.131 | −0.089% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.066 | −0.187% | $5.2M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.317% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.170 | −0.030% | $796K | $3.0M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.571 | +0.576% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.101 | −0.134% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.076 | −0.172% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.000 | −0.287% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.120 | −0.106% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.069 | −0.183% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0068% | 24h | 66.107 | −0.125% | $504K | $25.3M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0088% | 1h | 66.132 | −0.088% | $35K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.100 | −0.136% | $470K | $616K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.100 | −0.136% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.100 | −0.136% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0130% | 1h | 66.096 | −0.142% | $165.4M | $74.0M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.133 | −0.085% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0142% | 4h | 66.140 | −0.076% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0146% | 4h | 66.160 | −0.045% | $27.0M | $36.1M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0148% | 8h | 66.138 | −0.078% | $30K | $1K | 5x | as long as short |
| Nado XAG-PERP | +0.0185% | 1h | 66.110 | −0.121% | $1.3M | $6.5M | 10x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.145 | −0.068% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0196% | 4h | 66.123 | −0.102% | $5.6M | $9.7M | — | as long as short |
| Lighter XAG | +0.0200% | 1h | 66.141 | −0.074% | $5.2M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | −0.091% | $1.8M | $1.0M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0210% | 4h | 66.130 | −0.091% | $109.0M | $152.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0211% | 4h | 66.138 | −0.079% | $192.8M | $702.0M | 100x | as long as short |
| edgeX XAGUSDC | +0.0212% | 4h | 66.102 | −0.133% | $671K | $315K | 30x | as long as short |
| BloFin XAG-USDT | +0.0225% | 4h | 66.170 | −0.030% | $2.6M | $554K | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0228% | 8h | 66.150 | −0.060% | $27.7M | $65.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0229% | 1h | 66.119 | −0.107% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0252% | 4h | 66.150 | −0.060% | $23.9M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perpshort | +0.0276% | 4h | 66.163 | −0.040% | $389K | $1.5M | 25x | |
| Bullet SILVER-USD | +0.0312% | 1h | 66.156 | −0.051% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0344% | 1h | 66.130 | −0.091% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.130 | −0.091% | $62K | $348K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0372% / S −0.0404% | 1h | 66.155 | −0.053% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.113 | −0.116% | $912K | $676K | 25x | as long as short |
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Hotstuff SILVER-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Nado XAG-PERP
Aevo XAG-PERP
Variational Omni XAG
Lighter XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
BloFin XAG-USDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
Bullet SILVER-USD
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD