Funding you earn now, next payment 03:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against KuCoin−0.059%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2872.867% of the position
Funding, last 3 days (all we have)−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.130%+$13 · spread now −0.059%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.024% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAGUSDTM | 66.280 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $24.5M | $4.5M | 75x |
| Short | gTrade (Gains Network) XAG/USD | 66.241 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 52m 15s | $121K | — | 250x |
KuCoin XAGUSDTM
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$19.76
- Price spread: −0.059% → −0.035%
- −$2.41
- Slippage, 4 orders
- −$264.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$308.86
- Costs to cover
- 2.867%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 42 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, 2 min ago | 0.75 bp | 8.5 bp −$8 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 42 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2012.7 bp −$1.01M |
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 | 66.294 | +0.020% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.330 | +0.075% | $152.2M | $161.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.330 | +0.075% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.380 | +0.151% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.320 | +0.060% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 66.241 | −0.059% | $121K | — | 250x | |
| Ondo Perps XAG-USD.P | +0.0026% | 1h | 66.250 | −0.045% | $5.7M | $9.7M | 25x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.278 | −0.003% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.242 | −0.058% | $5.3M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.181% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Ondo Perps XAG-USD.P
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow 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 | +0.166% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.770 | +0.739% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.292 | +0.018% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.238 | −0.063% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.320 | +0.060% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0063% | 24h | 66.278 | −0.003% | $546K | $24.5M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.303 | +0.035% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0100% | 1h | 66.269 | −0.017% | $165.9M | $74.7M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.275 | −0.008% | $471K | $607K | 10x | as long as short |
| KuCoin XAGUSDTMlong | +0.0100% | 4h | 66.280 | long leg | $24.5M | $4.5M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.330 | +0.075% | $113K | $30K | 50x | as long as short |
| Paradex XAG-USD-PERP | +0.0139% | 8h | 66.324 | +0.066% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0142% | 4h | 66.300 | +0.030% | $2.7M | $923K | 100x | as long as short |
| Bybit XAGUSDT | +0.0148% | 4h | 66.300 | +0.030% | $26.7M | $36.1M | 150x | as long as short |
| Lighter XAG | +0.0160% | 1h | 66.281 | +0.001% | $5.3M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.303 | +0.035% | $48K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.354 | +0.112% | $5.5M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.330 | +0.076% | $1.2M | $4.4M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0192% | 4h | 66.320 | +0.060% | $111.5M | $151.6M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.350 | +0.106% | $1.9M | $972K | 20x | as long as short |
| Binance XAGUSDT | +0.0193% | 4h | 66.290 | +0.015% | $192.0M | $705.9M | 100x | as long as short |
| edgeX XAGUSDC | +0.0212% | 4h | 66.351 | +0.106% | $673K | $314K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.300 | +0.030% | $27.9M | $65.7M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0233% | 1h | 66.297 | +0.025% | $80K | $38K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0240% | 1h | 66.320 | +0.060% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0240% | 1h | 66.282 | +0.004% | $1.3M | $6.6M | 10x | as long as short |
| Bitget XAGUSDT | +0.0254% | 4h | 66.300 | +0.030% | $23.9M | $46.1M | 100x | as long as short |
| Bullet SILVER-USD | +0.0272% | 1h | 66.321 | +0.062% | $46K | $75K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0282% | 4h | 66.410 | +0.196% | $399K | $1.5M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0330% / S −0.0340% | 1h | 66.305 | +0.038% | $103K | — | 111x | as long as short |
| Hotstuff SILVER-PERP | +0.0344% | 1h | 66.376 | +0.145% | $35K | $21K | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.290 | +0.015% | $50K | $326K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0549% | 1h | 66.268 | −0.019% | $764K | $475K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Aevo XAG-PERP
Variational Omni XAG
RISEx XAG/USDC
MEXC SILVER_USDT
Coinbase International SILVER-PERP-INTX
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Hibachi XAG/USDT-P
Nado XAG-PERP
Bitget XAGUSDT
Bullet SILVER-USD
GRVT XAG_USDT_Perp
GMX SILVER/USD [ETH-USDC]
Hotstuff SILVER-PERP
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD