Funding you earn now, next payment 02:00 UTC−0.0279%/8h= −30.5% APRpaid last 24h −0.049%
Price spread now: edgeX against Kraken Futures+0.077%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now +0.077%, 7d avg +0.069%
=Together, before fees−0.104%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: −$8 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 -0.124% in total (about -6.5% 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 | 66.370 | 0.0462 | pay 0.0058% / 1h | 16m 20s | $765K | $478K | 25x |
| Short | edgeX XAGUSDC | 66.421 | 0.0184 | get 0.0092% / 4h | 2h 16m | $674K | $315K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$58.51
- Price spread: +0.077% → +0.069%
- $0.83
- Slippage, 4 orders
- −$11.97
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$88.65
- Costs to cover
- 0.310%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 52 min ago; edgeX: live order book, 52 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, 52 min ago | 2.75 bp | 8.9 bp −$9 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 52 min ago | 2.25 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$916 | 21.4 bp −$10.7K |
XAG on 43 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 | 66.363 | −0.010% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.410 | +0.060% | $153.1M | $164.3M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.430 | +0.091% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.450 | +0.121% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.440 | +0.106% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.319 | −0.077% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.375 | +0.008% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.397 | +0.040% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.340 | −0.045% | $5.4M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.045% | $11K | $94K | 52x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.390 | +0.030% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.846 | +0.717% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.402 | +0.048% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.378 | +0.012% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.339 | −0.047% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.300 | −0.105% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.380 | +0.015% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0062% | 24h | 66.362 | −0.012% | $542K | $23.7M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.412 | +0.064% | $1.2M | $4.4M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0099% | 1h | 66.368 | −0.003% | $166.0M | $76.1M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.354 | −0.024% | $472K | $606K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.380 | +0.015% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.380 | +0.015% | $126K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0128% | 4h | 66.400 | +0.045% | $26.6M | $36.4M | 150x | as long as short |
| Aster XAGUSDT | +0.0132% | 4h | 66.409 | +0.059% | $2.8M | $939K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0136% | 8h | 66.403 | +0.051% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0159% | 4h | 66.443 | +0.110% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.407 | +0.055% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0176% | 4h | 66.400 | +0.045% | $102.8M | $158.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0179% | 4h | 66.390 | +0.030% | $192.3M | $706.4M | 100x | as long as short |
| edgeX XAGUSDCshort | +0.0184% | 4h | 66.421 | +0.077% | $674K | $315K | 30x | |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.410 | +0.060% | $1.9M | $971K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.402 | +0.048% | $5.3M | $10.6M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0210% | 8h | 66.370 | 0.000% | $28.0M | $65.7M | 50x | as long as short |
| Nado XAG-PERP | +0.0223% | 1h | 66.355 | −0.023% | $1.3M | $6.5M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.365 | −0.008% | $20K | $22K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0233% | 1h | 66.381 | +0.017% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0248% | 4h | 66.410 | +0.060% | $23.9M | $46.0M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0266% | 4h | 66.450 | +0.121% | $395K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0287% | 1h | 66.408 | +0.057% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.435 | +0.098% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.390 | +0.030% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSDlong | +0.0462% | 1h | 66.370 | long leg | $765K | $478K | 25x |
Kraken Futures PF_XAGUSD
edgeX XAGUSDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Coinbase International SILVER-PERP-INTX
Lighter XAG
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL