Funding you earn now, next payment 06:00 UTC−0.0405%/8h= −44.4% APRpaid last 24h −0.071%
Price spread now: Paradex against Kraken Futures−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Paradex is 0.025% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAGUSD | 65.576 | 0.0470 | pay 0.0059% / 1h | 11m 03s | $915K | $735K | 25x |
| Short | Paradex XAG-USD-PERP | 65.560 | 0.0064 | get 0.0064% / 8h | 2h 11m | $29K | $1K | 5x |
Kraken Futures PF_XAGUSD
Paradex XAG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$85.15
- Price spread: −0.025% → 0.000%
- −$2.51
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$101.66
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 37 min ago; Paradex: no order-book sample. Net counts fees only.
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, 37 min ago | 3.47 bp | 9.2 bp −$9 | 15.0 bp −$150 | 102.5 bp −$10.2K | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 65.500 | −0.117% | $12K | $5K | 5x | as long as short |
| Ondo Perps XAG-USD.P | 0.0000% | 1h | 65.470 | −0.162% | $5.6M | $9.6M | 25x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.610 | +0.052% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.640 | +0.097% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.630 | +0.082% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.532 | −0.067% | $118K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.580 | +0.006% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.611 | +0.053% | $4.7M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.575 | −0.002% | $5.1M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.256% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Ondo Perps XAG-USD.P
SunX XAG-USDT
HTX 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 | 65.418 | −0.241% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | −0.009% | $789K | $3.0M | 40x | as long as short |
| Gate XAG_USDT | +0.0042% | 4h | 65.650 | +0.113% | $145.0M | $179.7M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.987 | +0.627% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.532 | −0.067% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.567 | −0.014% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.540 | −0.055% | $157K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.362 | −0.327% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERPshort | +0.0064% | 8h | 65.560 | −0.025% | $29K | $1K | 5x | |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.561 | −0.023% | $445K | $28.8M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0082% | 1h | 65.594 | +0.027% | $171.0M | $82.6M | 25x | as long as short |
| Aster XAGUSDT | +0.0089% | 4h | 65.630 | +0.082% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.515 | −0.093% | $468K | $626K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.600 | +0.036% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.400 | −0.269% | $112K | $23K | 50x | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.623 | +0.072% | $5.3M | $11.2M | 25x | as long as short |
| Bybit XAGUSDT | +0.0129% | 4h | 65.660 | +0.128% | $28.8M | $38.8M | 150x | as long as short |
| Variational Omni XAG | +0.0131% | 4h | 65.414 | −0.247% | $5.5M | $9.6M | — | as long as short |
| Hibachi XAG/USDT-P | +0.0136% | 1h | 65.476 | −0.153% | $20K | $19K | 10x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.598 | +0.034% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0138% | 4h | 65.640 | +0.097% | $123.2M | $161.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0139% | 4h | 65.630 | +0.082% | $189.3M | $744.5M | 100x | as long as short |
| Nado XAG-PERP | +0.0156% | 1h | 65.531 | −0.068% | $1.3M | $5.6M | 10x | as long as short |
| edgeX XAGUSDC | +0.0158% | 4h | 65.443 | −0.203% | $666K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.530 | −0.070% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0204% | 4h | 65.430 | −0.223% | $397K | $1.5M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.439 | −0.209% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0214% | 4h | 65.650 | +0.113% | $23.8M | $46.2M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 65.640 | +0.097% | $27.9M | $70.1M | 50x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 65.587 | +0.017% | $43K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0360% | 1h | 65.620 | +0.067% | $66K | $367K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.595 | +0.029% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0379% | 4h | 65.610 | +0.052% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSDlong | +0.0470% | 1h | 65.576 | long leg | $915K | $735K | 25x |
Phoenix SILVER
StandX XAG-USD
Gate XAG_USDT
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Hotstuff SILVER-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Variational Omni XAG
Hibachi XAG/USDT-P
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Nado XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Aftermath Perps XAGUSD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT