Funding you earn now, next payment 06:00 UTC−0.0426%/8h= −46.6% APRnext payment −$0.53 per $10,000 · paid last 24h −0.080%
Price spread now: StandX against Kraken Futures+0.046%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.046%, 7d avg +0.053%
=Together, before fees−0.130%+ Points / potential airdropStandX: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: −$13 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 -0.133% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.53 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 | Kraken Futures PF_XAGUSD | 66.110 | 0.0466 | pay 0.0058% / 1h | 46m 02s | $909K | $688K | 25x |
| Short | StandX XAG-USD | 66.140 | 0.0040 | get 0.0005% / 1h | 46m 02s | $796K | $3.0M | 40x |
Kraken Futures PF_XAGUSD
StandX XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$89.44
- Price spread: +0.046% → +0.053%
- −$0.69
- Slippage, 4 orders
- −$19.26
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$127.39
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; StandX: live order book, 3 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, 2 min ago | 3.47 bp | 9.2 bp −$9 | 15.0 bp −$150 | 102.5 bp −$10.2K | doesn't fit |
| Sell StandX live order book, 3 min ago | 3.78 bp | 7.8 bp −$8 | 7.8 bp −$78 | 32.3 bp −$3,228 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0026% | 1h | 66.030 | −0.121% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.104 | −0.009% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.140 | +0.046% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.200 | +0.137% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.140 | +0.046% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.077 | −0.049% | $121K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 66.145 | +0.054% | $1.3M | $4.8M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.126 | +0.024% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.081 | −0.043% | $5.2M | $11.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.439% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
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 | 66.096 | −0.021% | $56K | $26K | 25x | as long as short |
| StandX XAG-USDshort | +0.0040% | 1h | 66.140 | +0.046% | $796K | $3.0M | 40x | |
| Gate XAG_USDT | +0.0044% | 4h | 66.150 | +0.061% | $149.9M | $154.0M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.571 | +0.698% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.109 | −0.001% | $3.9M | $676K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.072 | −0.057% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.120 | +0.016% | $114K | $2.7M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 66.136 | +0.039% | $30K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0067% | 1h | 66.098 | −0.018% | $166.6M | $73.9M | 25x | as long as short |
| Bybit XAGUSDT | +0.0072% | 4h | 66.140 | +0.046% | $27.8M | $36.2M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 66.112 | +0.003% | $519K | $26.7M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.096 | −0.020% | $471K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.100 | −0.015% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.100 | −0.015% | $113K | $30K | 50x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.130 | +0.031% | $2.6M | $571K | 100x | as long as short |
| Aster XAGUSDT | +0.0107% | 4h | 66.139 | +0.044% | $2.7M | $873K | 100x | as long as short |
| Lighter XAG | +0.0136% | 1h | 66.126 | +0.025% | $5.3M | $10.6M | 25x | as long as short |
| Variational Omni XAG | +0.0144% | 4h | 66.123 | +0.021% | $5.7M | $9.5M | — | as long as short |
| Aevo XAG-PERP | +0.0152% | 1h | 66.130 | +0.031% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0159% | 4h | 66.135 | +0.038% | $191.2M | $703.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0160% | 4h | 66.120 | +0.016% | $116.3M | $151.8M | 1000x | as long as short |
| Nado XAG-PERP | +0.0163% | 1h | 66.114 | +0.007% | $1.4M | $5.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0174% | 4h | 66.143 | +0.051% | $671K | $312K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.980 | −0.196% | $1.8M | $1.0M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0194% | 1h | 66.093 | −0.025% | $79K | $36K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.120 | +0.016% | $74K | $364K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0206% | 4h | 66.160 | +0.076% | $395K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0220% | 4h | 66.130 | +0.031% | $24.0M | $44.8M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0220% | 8h | 66.140 | +0.046% | $27.8M | $64.6M | 50x | as long as short |
| Bullet SILVER-USD | +0.0226% | 1h | 66.150 | +0.061% | $43K | $76K | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0232% | 1h | 66.121 | +0.017% | $35K | $21K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0320% | 1h | 66.098 | −0.017% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0388% / S −0.0443% | 1h | 66.135 | +0.038% | $106K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDlong | +0.0466% | 1h | 66.110 | long leg | $909K | $688K | 25x |
Phoenix SILVER
Gate XAG_USDT
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
Aster XAGUSDT
Lighter XAG
Variational Omni XAG
Aevo XAG-PERP
Binance XAGUSDT
MEXC SILVER_USDT
Nado XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Hotstuff SILVER-PERP
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]