Funding you earn now, next payment 07:00 UTC+0.0492%/8h= +53.9% APRpaid last 24h +0.096%
Price spread now: Kraken Futures against HTX−0.123%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.123%, 7d avg −0.124%
=The price spread sits at its 7-day average of −0.124%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment. 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 | 65.480 | 0 | get 0.0000% / 4h | 1h 49m | $1.1M | $1.1M | 75x |
| Short | Kraken Futures PF_XAGUSD | 65.399 | 0.0492 | get 0.0062% / 1h | 49m 29s | $917K | $744K | 25x |
HTX XAG-USDT
Kraken Futures PF_XAGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $103.38
- Price spread: −0.123% → −0.124%
- $0.06
- Slippage, 4 orders
- −$19.2
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $62.23
- Costs to cover
- 0.412%
- Break-even
- 2.8 days
Slippage from HTX: live order book, 4 min ago; Kraken Futures: live order book, 59 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, 4 min ago | 3.81 bp | 9.8 bp −$10 | 9.8 bp −$98 | 12.8 bp −$1,277 | doesn't fit |
| Sell Kraken Futures live order book, 59 min ago | 3.47 bp | 9.3 bp −$9 | 16.5 bp −$165 | 61.3 bp −$6,135 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0120% | 1h | 65.433 | −0.072% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0064% | 1h | 65.310 | −0.260% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.406 | −0.113% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.470 | −0.015% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDTlong | 0.0000% | 4h | 65.480 | long leg | $1.1M | $1.1M | 75x | |
| Phemex XAGUSDT | 0.0000% | 4h | 65.440 | −0.061% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.397 | −0.126% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.490 | +0.015% | $142.2M | $178.6M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.460 | −0.030% | $4.7M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.423 | −0.087% | $5.1M | $11.6M | 10x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.405% | $11K | $94K | 52x | as long as short |
| Bybit XAGUSDT | +0.0037% | 4h | 65.470 | −0.015% | $28.6M | $39.5M | 150x | as long as short |
| Hotstuff SILVER-PERP | +0.0040% | 1h | 65.460 | −0.031% | $35K | $21K | 20x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.430 | −0.076% | $787K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.867 | +0.591% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.430 | −0.076% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.433 | −0.072% | $170.7M | $83.2M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.401 | −0.121% | $3.9M | $716K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.404 | −0.116% | $3K | $6K | 20x | as long as short |
| Aster XAGUSDT | +0.0053% | 4h | 65.440 | −0.061% | $2.7M | $956K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0056% | 1h | 65.440 | −0.061% | $66K | $370K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.449 | −0.047% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.467 | −0.020% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.561 | +0.124% | $56K | $31K | 25x | as long as short |
| Lighter XAG | +0.0072% | 1h | 65.468 | −0.019% | $5.4M | $11.3M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.415 | −0.099% | $499K | $29.6M | 8.1x | as long as short |
| Variational Omni XAG | +0.0084% | 4h | 65.404 | −0.116% | $5.5M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0089% | 4h | 65.460 | −0.031% | $189.5M | $759.1M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0092% | 4h | 65.460 | −0.031% | $113.3M | $156.6M | 1000x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.425 | −0.085% | $467K | $627K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.430 | −0.076% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.470 | −0.015% | $112K | $19K | 50x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.429 | −0.077% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0108% | 4h | 65.508 | +0.043% | $667K | $313K | 30x | as long as short |
| Nado XAG-PERP | +0.0118% | 1h | 65.417 | −0.096% | $1.2M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.370 | −0.168% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0132% | 4h | 65.425 | −0.083% | $384K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0149% | 1h | 65.439 | −0.063% | $44K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0190% | 4h | 65.480 | 0.000% | $23.8M | $46.5M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0196% | 8h | 65.470 | −0.015% | $27.8M | $71.1M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0212% | 1h | 65.474 | −0.009% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0320% / S −0.0301% | 1h | 65.435 | −0.069% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0336% | 4h | 65.460 | −0.031% | $2.6M | $617K | 100x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0492% | 1h | 65.399 | −0.123% | $917K | $744K | 25x |
Injective XAG/USDC PERP
Bybit XAGUSDT
Hotstuff SILVER-PERP
StandX XAG-USD
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Aster XAGUSDT
Deribit SILVER_USDC-PERPETUAL
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
Lighter XAG
Kalshi KXSILVERPERP
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aevo XAG-PERP
edgeX XAGUSDC
Nado XAG-PERP
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT