Funding you earn now, next payment 04:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h +0.032%
Price spread now: MEXC against HTX−0.045%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.045%, 7d avg −0.074%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.029% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.074%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.06 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 | 66.170 | 0 | get 0.0000% / 4h | 17m 53s | $1.0M | $971K | 75x |
| Short | MEXC SILVER_USDT | 66.140 | 0.0212 | get 0.0106% / 4h | 17m 53s | $110.2M | $152.8M | 1000x |
HTX XAG-USDT
MEXC SILVER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $44.52
- Price spread: −0.045% → −0.074%
- $2.91
- Slippage, 4 orders
- −$12.04
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $23.39
- Costs to cover
- 0.240%
- Break-even
- 3.3 days
Slippage from HTX: live order book, 1 min ago; MEXC: 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, 1 min ago | 3.78 bp | 11.3 bp −$11 | 11.3 bp −$113 | 14.2 bp −$1,423 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.75 bp | 0.8 bp −$1 | 0.8 bp −$8 | 1.3 bp −$133 | 4.1 bp −$2,072 |
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 | 66.141 | −0.044% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.160 | −0.015% | $150.1M | $163.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.140 | −0.045% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDTlong | 0.0000% | 4h | 66.170 | long leg | $1.0M | $971K | 75x | |
| Phemex XAGUSDT | 0.0000% | 4h | 66.150 | −0.030% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.068 | −0.154% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.124 | −0.069% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.075 | −0.144% | $5.2M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.348% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.180 | +0.015% | $796K | $3.1M | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | +0.0041% | 1h | 66.060 | −0.166% | $5.7M | $9.6M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.586 | +0.629% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.109 | −0.092% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.070 | −0.151% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.140 | −0.045% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.143 | −0.041% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0070% | 24h | 66.110 | −0.091% | $547K | $25.4M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.104 | −0.100% | $471K | $615K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.110 | −0.091% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.120 | −0.076% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0123% | 1h | 66.111 | −0.089% | $165.9M | $74.2M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.160 | −0.015% | $1.3M | $4.5M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0141% | 8h | 66.135 | −0.053% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0145% | 4h | 66.149 | −0.031% | $2.7M | $878K | 100x | as long as short |
| Bybit XAGUSDT | +0.0162% | 4h | 66.160 | −0.015% | $27.0M | $36.0M | 150x | as long as short |
| Lighter XAG | +0.0176% | 1h | 66.129 | −0.062% | $5.2M | $10.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0184% | 1h | 66.151 | −0.029% | $35K | $21K | 20x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.147 | −0.034% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.170 | 0.000% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAG | +0.0206% | 4h | 66.183 | +0.019% | $5.6M | $9.6M | — | as long as short |
| Nado XAG-PERP | +0.0206% | 1h | 66.136 | −0.052% | $1.4M | $6.4M | 10x | as long as short |
| MEXC SILVER_USDTshort | +0.0212% | 4h | 66.140 | −0.045% | $110.2M | $152.8M | 1000x | |
| Binance XAGUSDT | +0.0212% | 4h | 66.146 | −0.036% | $192.4M | $700.8M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0218% | 1h | 66.129 | −0.063% | $80K | $36K | 10x | as long as short |
| edgeX XAGUSDC | +0.0228% | 4h | 66.187 | +0.025% | $672K | $311K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0231% | 8h | 66.140 | −0.045% | $27.7M | $65.1M | 50x | as long as short |
| BloFin XAG-USDT | +0.0243% | 4h | 66.200 | +0.045% | $2.6M | $555K | 100x | as long as short |
| Bitget XAGUSDT | +0.0256% | 4h | 66.150 | −0.030% | $23.8M | $45.3M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0278% | 4h | 66.198 | +0.043% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0287% | 1h | 66.148 | −0.033% | $44K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.120 | −0.076% | $62K | $349K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0360% | 1h | 66.140 | −0.045% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0383% / S −0.0424% | 1h | 66.145 | −0.038% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.108 | −0.093% | $913K | $681K | 25x | as long as short |
Ondo Perps XAG-USD.P
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Hotstuff SILVER-PERP
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
Nado XAG-PERP
Binance XAGUSDT
Aftermath Perps XAGUSD
edgeX XAGUSDC
OKX XAG-USDT-SWAP
BloFin XAG-USDT
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD