Funding you earn now, next payment 08:00 UTC−0.0329%/8h= −36.0% APRpaid last 24h −0.072%
Price spread now: Aster against Kraken Futures+0.061%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.275% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.061%, 7d avg +0.072%
=Together, before fees−0.138%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: −$10 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 -0.168% in total (about -8.8% 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 | Kraken Futures PF_XAGUSD | 65.110 | 0.0364 | pay 0.0046% / 1h | 18m 38s | $1.0M | $869K | 25x |
| Short | Aster XAGUSDT | 65.150 | 0.0036 | get 0.0018% / 4h | 18m 38s | $2.7M | $970K | 100x |
Kraken Futures PF_XAGUSD
Aster XAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$68.99
- Price spread: +0.061% → +0.072%
- −$1.1
- Slippage, 4 orders
- −$9.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$97.63
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Aster: live order book, 5 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 Kraken Futures live order book, 5 min ago | 2.36 bp | 9.1 bp −$9 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 0.77 bp | 4.8 bp −$5 | 6.5 bp −$65 | 13.1 bp −$1,306 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0040% | 1h | 65.090 | −0.031% | $35K | $21K | 20x | as long as short |
| Ondo Perps XAG-USD.P | −0.0031% | 1h | 65.010 | −0.154% | $5.6M | $9.8M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.070 | −0.061% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.170 | +0.092% | $27.7M | $39.2M | 150x | as long as short |
| Variational Omni XAG | 0.0000% | 4h | 65.124 | +0.021% | $5.5M | $9.1M | — | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.120 | +0.015% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.160 | +0.077% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.150 | +0.061% | $1.5M | $278K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.070 | −0.062% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.170 | +0.092% | $140.6M | $181.0M | 100x | as long as short |
Hotstuff SILVER-PERP
Ondo Perps XAG-USD.P
dYdX XAG-USD
Bybit XAGUSDT
Variational Omni XAG
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.141 | +0.047% | $4.6M | $9.9M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.082 | −0.042% | $5.0M | $11.7M | 10x | as long as short |
| MEXC SILVER_USDT | +0.0032% | 4h | 65.140 | +0.046% | $126.2M | $160.7M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0033% | 4h | 65.105 | −0.008% | $663K | $313K | 30x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.981% | $11K | $94K | 52x | as long as short |
| Binance XAGUSDT | +0.0034% | 4h | 65.160 | +0.077% | $191.4M | $757.3M | 100x | as long as short |
| Aster XAGUSDTshort | +0.0036% | 4h | 65.150 | +0.061% | $2.7M | $970K | 100x | |
| StandX XAG-USD | +0.0040% | 1h | 65.140 | +0.046% | $784K | $2.9M | 40x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.150 | +0.061% | $161K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.556 | +0.685% | — | — | 25x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.120 | +0.015% | $47K | — | 10x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.125 | +0.023% | $3.8M | $892K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.069 | −0.063% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 65.134 | +0.037% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.070 | −0.061% | $55K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0066% | 1h | 65.116 | +0.009% | $173.0M | $84.5M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0080% | 24h | 65.097 | −0.020% | $476K | $32.2M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 64.970 | −0.215% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.081 | −0.044% | $463K | $600K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.110 | 0.000% | $25.3M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.080 | −0.046% | $111K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.160 | +0.077% | $1.2M | $4.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0133% | 4h | 65.140 | +0.046% | $2.7M | $625K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0138% | 4h | 65.132 | +0.033% | $394K | $1.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0158% | 4h | 65.170 | +0.092% | $23.2M | $44.9M | 100x | as long as short |
| Nado XAG-PERP | +0.0165% | 1h | 65.099 | −0.017% | $1.2M | $4.7M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0170% | 8h | 65.160 | +0.077% | $28.4M | $70.5M | 50x | as long as short |
| Lighter XAG | +0.0184% | 1h | 65.146 | +0.055% | $5.3M | $11.3M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0194% | 1h | 65.093 | −0.026% | $78K | $37K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 65.071 | −0.060% | $20K | $17K | 10x | as long as short |
| Bullet SILVER-USD | +0.0233% | 1h | 65.134 | +0.037% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.145 | +0.054% | $92K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDlong | +0.0364% | 1h | 65.110 | long leg | $1.0M | $869K | 25x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0365% | 1h | 65.120 | +0.015% | $65K | $394K | 20x | as long as short |
Lighter RH XAG
Extended XAG-USD
MEXC SILVER_USDT
edgeX XAGUSDC
Injective XAG/USDC PERP
Binance XAGUSDT
StandX XAG-USD
QFEX SILVER-USD
Vest SI-PERP
Aevo XAG-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
BloFin XAG-USDT
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Nado XAG-PERP
OKX XAG-USDT-SWAP
Lighter XAG
Aftermath Perps XAGUSD
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL