Funding you earn now, next payment 07:00 UTC+0.0392%/8h= +43.0% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against KuCoin+0.002%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.002%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$12 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 0.085% in total (about 4.4% 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 | KuCoin XAGUSDTM | 65.390 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $25.4M | $5.0M | 75x |
| Short | Kraken Futures PF_XAGUSD | 65.392 | 0.0492 | get 0.0062% / 1h | 40m 31s | $916K | $746K | 25x |
KuCoin XAGUSDTM
Kraken Futures PF_XAGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $82.39
- Price spread: +0.002% → −0.014%
- $1.67
- Slippage, 4 orders
- −$14.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $47.15
- Costs to cover
- 0.369%
- Break-even
- 3.0 days
Slippage from KuCoin: live order book, 8 min ago; Kraken Futures: 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 KuCoin live order book, 8 min ago | 0.76 bp | 9.9 bp −$10 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.80 bp | 9.9 bp −$10 | 18.2 bp −$182 | 69.8 bp −$6,983 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0120% | 1h | 65.369 | −0.032% | $20K | $20K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0081% | 1h | 65.300 | −0.138% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.350 | −0.061% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.430 | +0.061% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.440 | +0.076% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.440 | +0.076% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.370 | −0.031% | $118K | — | 250x | as long as short |
| Bybit XAGUSDT | +0.0018% | 4h | 65.410 | +0.031% | $28.4M | $39.6M | 150x | as long as short |
| Gate XAG_USDT | +0.0030% | 4h | 65.420 | +0.046% | $141.3M | $181.1M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.421 | +0.048% | $4.6M | $9.8M | 25x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Bybit XAGUSDT
Gate XAG_USDT
Lighter RH XAGShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.353 | −0.057% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.545% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.410 | +0.031% | $787K | $3.0M | 40x | as long as short |
| Aster XAGUSDT | +0.0045% | 4h | 65.400 | +0.015% | $2.7M | $973K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.837 | +0.684% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.390 | 0.000% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.394 | +0.006% | $170.3M | $83.8M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.380 | −0.015% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.366 | −0.037% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 65.398 | +0.012% | $29K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0060% | 4h | 65.414 | +0.036% | $5.5M | $9.4M | — | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.412 | +0.034% | $1.3M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.384 | −0.009% | $56K | $31K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 65.386 | −0.006% | $35K | $21K | 20x | as long as short |
| Binance XAGUSDT | +0.0076% | 4h | 65.410 | +0.031% | $189.8M | $763.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0076% | 4h | 65.400 | +0.015% | $115.4M | $157.1M | 1000x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.377 | −0.020% | $535K | $30.3M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0088% | 1h | 65.408 | +0.027% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0090% | 4h | 65.433 | +0.066% | $666K | $314K | 30x | as long as short |
| Lighter XAG | +0.0096% | 1h | 65.422 | +0.049% | $5.4M | $11.3M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.363 | −0.041% | $467K | $627K | 10x | as long as short |
| KuCoin XAGUSDTMlong | +0.0100% | 4h | 65.390 | long leg | $25.4M | $5.0M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.410 | +0.031% | $112K | $19K | 50x | as long as short |
| Nado XAG-PERP | +0.0114% | 1h | 65.360 | −0.045% | $1.2M | $5.5M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.427 | +0.056% | $397K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | −0.015% | $1.6M | $1.4M | 20x | as long as short |
| Bullet SILVER-USD | +0.0155% | 1h | 65.427 | +0.057% | $43K | $77K | 10x | as long as short |
| Bitget XAGUSDT | +0.0186% | 4h | 65.420 | +0.046% | $23.8M | $46.6M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 65.410 | +0.031% | $27.9M | $71.3M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.410 | +0.031% | $66K | $374K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0211% | 1h | 65.400 | +0.016% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0306% | 4h | 65.440 | +0.076% | $2.6M | $610K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0318% / S −0.0301% | 1h | 65.425 | +0.054% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0492% | 1h | 65.392 | +0.002% | $916K | $746K | 25x |
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Variational Omni XAG
RISEx XAG/USDC
Phoenix SILVER
Hotstuff SILVER-PERP
Binance XAGUSDT
MEXC SILVER_USDT
Kalshi KXSILVERPERP
Aevo XAG-PERP
edgeX XAGUSDC
Lighter XAG
Pacifica XAG
ApeX Omni XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]