Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: edgeX against KuCoin−0.034%83s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.034%, 7d avg +0.052%
=Together, before fees+0.074%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.052%). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAGUSDTM | 65.330 | 0.0100 | pay 0.0050% / 4h | 58m 09s | $25.3M | $5.0M | 75x |
| Short | edgeX XAGUSDC | 65.308 | 0.0075 | get 0.0037% / 4h | 58m 09s | $665K | $314K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- −$5.32
- Price spread: −0.034% → +0.052%
- −$8.69
- Slippage, 4 orders
- −$9.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$44.4
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; edgeX: live order book, 46 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 KuCoin live order book, 11 min ago | 0.76 bp | 8.3 bp −$8 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 2.29 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$924 | 21.4 bp −$10.7K |
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 | 65.293 | −0.057% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.380 | +0.077% | $27.8M | $39.6M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | +0.061% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.420 | +0.138% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.380 | +0.077% | $1.5M | $281K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0001% | 1h | 65.270 | −0.092% | $5.6M | $9.7M | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.310 | −0.031% | $118K | — | 250x | as long as short |
| Variational Omni XAG | +0.0030% | 4h | 65.314 | −0.025% | $5.5M | $9.2M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.373 | +0.066% | $4.6M | $9.7M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.307 | −0.036% | $5.1M | $11.6M | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.638% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0034% | 4h | 65.400 | +0.107% | $141.4M | $176.1M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.330 | 0.000% | $786K | $2.9M | 40x | as long as short |
| Aster XAGUSDT | +0.0042% | 4h | 65.380 | +0.077% | $2.7M | $958K | 100x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.390 | +0.092% | $152K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.764 | +0.664% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.291 | −0.060% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.351 | +0.032% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.303 | −0.041% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.329 | −0.002% | $29K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0054% | 4h | 65.370 | +0.061% | $116.9M | $155.9M | 1000x | as long as short |
| Binance XAGUSDT | +0.0055% | 4h | 65.382 | +0.079% | $191.6M | $763.3M | 100x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.274 | −0.086% | $56K | $30K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0069% | 1h | 65.348 | +0.028% | $170.6M | $83.2M | 25x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.365 | +0.054% | $47K | — | 10x | as long as short |
| edgeX XAGUSDCshort | +0.0075% | 4h | 65.308 | −0.034% | $665K | $314K | 30x | |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.347 | +0.026% | $483K | $31.5M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.230 | −0.153% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.289 | −0.063% | $468K | $621K | 10x | as long as short |
| KuCoin XAGUSDTMlong | +0.0100% | 4h | 65.330 | long leg | $25.3M | $5.0M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.260 | −0.107% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.382 | +0.079% | $1.2M | $4.9M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0142% | 4h | 65.325 | −0.008% | $391K | $1.6M | 25x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.372 | +0.064% | $5.3M | $11.1M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0152% | 1h | 65.288 | −0.065% | $20K | $18K | 10x | as long as short |
| Nado XAG-PERP | +0.0167% | 1h | 65.305 | −0.038% | $1.2M | $5.1M | 10x | as long as short |
| Bitget XAGUSDT | +0.0170% | 4h | 65.380 | +0.077% | $23.7M | $45.9M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0183% | 8h | 65.380 | +0.077% | $28.1M | $71.0M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.350 | +0.031% | $66K | $385K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.301 | −0.044% | $78K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0222% | 4h | 65.310 | −0.031% | $2.6M | $598K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.375 | +0.069% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0248% | 1h | 65.372 | +0.064% | $44K | $75K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.342 | +0.018% | $1.0M | $875K | 25x | as long as short |
KuCoin XAGUSDTM
edgeX XAGUSDC
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
Aster XAGUSDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Phoenix SILVER
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
ApeX Omni XAGUSDT
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Lighter XAG
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Kraken Futures PF_XAGUSD