Funding you earn now, next payment 07:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.011%
Price spread now: Bullet against Nado+0.092%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bullet is 0.092% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAG-PERP | 65.448 | 0.0112 | pay 0.0014% / 1h | 54m 14s | $1.2M | $5.5M | 10x |
| Short | Bullet SILVER-USD | 65.508 | 0.0164 | get 0.0021% / 1h | 54m 14s | $44K | $76K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Nado. 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
- $10.96
- Price spread: +0.092% → 0.000%
- $9.24
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $5.2
- Costs to cover
- 0.150%
- Break-even
- 3.7 days
Slippage unknown: Nado: live order book, 5 min ago; Bullet: 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 Nado live order book, 5 min ago | 0.08 bp | 4.7 bp −$5 | 8.8 bp −$88 | 31.5 bp −$3,149 | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0112% | 1h | 65.527 | +0.121% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0024% | 1h | 65.400 | −0.073% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.471 | +0.035% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.530 | +0.126% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.540 | +0.141% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.520 | +0.111% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.454 | +0.009% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.502 | +0.084% | $4.7M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.451 | +0.006% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.455% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0034% | 4h | 65.520 | +0.111% | $143.9M | $176.7M | 100x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.581 | +0.204% | $56K | $31K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.580 | +0.202% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.937 | +0.748% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.490 | +0.065% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.463 | +0.024% | $170.6M | $82.8M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.452 | +0.007% | $3.9M | $712K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.450 | +0.004% | $3K | $6K | 20x | as long as short |
| Aster XAGUSDT | +0.0058% | 4h | 65.510 | +0.095% | $2.7M | $955K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0060% | 8h | 65.504 | +0.087% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.502 | +0.083% | $1.2M | $4.9M | 20x | as long as short |
| Bybit XAGUSDT | +0.0066% | 4h | 65.520 | +0.111% | $28.7M | $39.4M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.509 | +0.094% | $468K | $29.2M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0088% | 1h | 65.553 | +0.161% | $35K | $21K | 20x | as long as short |
| Lighter XAG | +0.0096% | 1h | 65.505 | +0.088% | $5.4M | $11.2M | 25x | as long as short |
| Variational Omni XAG | +0.0096% | 4h | 65.634 | +0.284% | $5.5M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0099% | 4h | 65.509 | +0.094% | $188.4M | $747.8M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.471 | +0.035% | $468K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.470 | +0.034% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.610 | +0.248% | $112K | $19K | 50x | as long as short |
| MEXC SILVER_USDT | +0.0102% | 4h | 65.500 | +0.080% | $113.6M | $156.3M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.498 | +0.078% | $47K | — | 10x | as long as short |
| Nado XAG-PERPlong | +0.0112% | 1h | 65.448 | long leg | $1.2M | $5.5M | 10x | |
| edgeX XAGUSDC | +0.0119% | 4h | 65.591 | +0.220% | $668K | $314K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.450 | +0.004% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0148% | 4h | 65.631 | +0.280% | $395K | $1.6M | 25x | as long as short |
| Bullet SILVER-USDshort | +0.0164% | 1h | 65.508 | +0.092% | $44K | $76K | 10x | |
| Bitget XAGUSDT | +0.0196% | 4h | 65.510 | +0.095% | $23.8M | $46.4M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0202% | 8h | 65.510 | +0.095% | $27.8M | $70.5M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.500 | +0.080% | $66K | $370K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 65.548 | +0.154% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0321% / S −0.0301% | 1h | 65.515 | +0.103% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0342% | 4h | 65.610 | +0.248% | $2.6M | $619K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0492% | 1h | 65.466 | +0.028% | $916K | $738K | 25x | as long as short |
Bullet SILVER-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Gate XAG_USDT
Phoenix SILVER
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Aster XAGUSDT
Paradex XAG-USD-PERP
RISEx XAG/USDC
Bybit XAGUSDT
Kalshi KXSILVERPERP
Lighter XAG
Variational Omni XAG
Binance XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD