Funding you earn now, next payment 08:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.046%
Price spread now: OKX against HTX0.000%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now 0.000%, 7d avg −0.056%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.056% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.056%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% 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 | 65.430 | 0 | get 0.0000% / 4h | 2h 27m | $1.1M | $1.1M | 75x |
| Short | OKX XAG-USDT-SWAP | 65.430 | 0.0216 | get 0.0216% / 8h | 2h 27m | $27.4M | $69.4M | 50x |
HTX XAG-USDT
OKX XAG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $45.38
- Price spread: 0.000% → −0.056%
- $5.62
- Slippage, 4 orders
- −$19.18
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $9.82
- Costs to cover
- 0.412%
- Break-even
- 5.5 days
Slippage from HTX: live order book, 2 min ago; OKX: live order book, 2 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 | 1.53 bp | 7.5 bp −$8 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.76 bp | 5.8 bp −$6 | 5.8 bp −$58 | 12.1 bp −$1,213 | 79.9 bp −$40.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0027% | 1h | 65.280 | −0.229% | $5.6M | $9.4M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.334 | −0.147% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.390 | −0.061% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDTlong | 0.0000% | 4h | 65.430 | long leg | $1.1M | $1.1M | 75x | |
| Phemex XAGUSDT | 0.0000% | 4h | 65.400 | −0.046% | $1.5M | $266K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.312 | −0.180% | $118K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.390 | −0.061% | $1.3M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.376 | −0.083% | $4.7M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.326 | −0.159% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.483% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.675 | +0.374% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0038% | 4h | 65.400 | −0.046% | $143.2M | $170.0M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | −0.122% | $786K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.823 | +0.601% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.363 | −0.102% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.315 | −0.176% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.390 | −0.061% | $154K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.327 | −0.157% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.342 | −0.134% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0061% | 1h | 65.358 | −0.110% | $165.9M | $78.6M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 65.360 | −0.107% | $522K | $28.0M | 8.1x | as long as short |
| Bybit XAGUSDT | +0.0084% | 4h | 65.430 | 0.000% | $28.2M | $39.0M | 150x | as long as short |
| Aster XAGUSDT | +0.0093% | 4h | 65.390 | −0.061% | $2.7M | $937K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.298 | −0.202% | $465K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.350 | −0.122% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.390 | −0.061% | $112K | $30K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.388 | −0.065% | $5.3M | $11.1M | 25x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.376 | −0.082% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0137% | 4h | 65.665 | +0.359% | $5.6M | $9.5M | — | as long as short |
| MEXC SILVER_USDT | +0.0142% | 4h | 65.400 | −0.046% | $112.2M | $157.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0142% | 4h | 65.394 | −0.055% | $190.0M | $728.3M | 100x | as long as short |
| Nado XAG-PERP | +0.0154% | 1h | 65.329 | −0.155% | $1.3M | $5.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0155% | 4h | 65.701 | +0.414% | $668K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.350 | −0.122% | $1.7M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 65.406 | −0.036% | $386K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0208% | 4h | 65.390 | −0.061% | $23.3M | $47.8M | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.360 | −0.107% | $66K | $370K | 20x | as long as short |
| OKX XAG-USDT-SWAPshort | +0.0216% | 8h | 65.430 | 0.000% | $27.4M | $69.4M | 50x | |
| Aftermath Perps XAGUSD | +0.0217% | 1h | 65.610 | +0.276% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0227% | 1h | 65.396 | −0.052% | $43K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0352% | 1h | 65.306 | −0.190% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0355% / S −0.0317% | 1h | 65.395 | −0.053% | $86K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0365% | 4h | 65.420 | −0.015% | $2.6M | $623K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0471% | 1h | 65.360 | −0.107% | $914K | $750K | 25x | as long as short |
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Hotstuff SILVER-PERP
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Bybit XAGUSDT
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Aevo XAG-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Nado XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD