Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.051%
Price spread now: gTrade (Gains Network) against Nado−0.054%7-day average −0.018% · 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−$283as in the Price arb table
costs, in and out, $10k−$2792.789% of the position
Funding, last 3 days (all we have)−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.054%, 7d avg −0.018%
=Together, before fees+0.016%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.036% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAG-PERP | 65.346 | 0.0134 | pay 0.0017% / 1h | 16m 37s | $1.2M | $5.2M | 10x |
| Short | gTrade (Gains Network) XAG/USD | 65.311 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 16m 37s | $118K | — | 250x |
Nado XAG-PERP
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$26.93
- Price spread: −0.054% → −0.018%
- −$3.6
- Slippage, 4 orders
- −$261.94
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$309.47
- Costs to cover
- 2.789%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 57 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 Nado live order book, 2 min ago | 0.38 bp | 4.0 bp −$4 | 8.5 bp −$85 | 29.7 bp −$2,970 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 57 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 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 | −0.0144% | 1h | 65.301 | −0.069% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0078% | 1h | 65.260 | −0.132% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0008% | 1h | 65.331 | −0.023% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.306 | −0.062% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.370 | +0.037% | $27.8M | $39.9M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.400 | +0.083% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.420 | +0.113% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.400 | +0.083% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 65.311 | −0.054% | $118K | — | 250x | |
| Gate XAG_USDT | +0.0026% | 4h | 65.390 | +0.067% | $141.2M | $183.6M | 100x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Gate XAG_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XAG | +0.0028% | 4h | 65.404 | +0.088% | $5.5M | $9.4M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.365 | +0.029% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.307 | −0.060% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.613% | $11K | $94K | 52x | as long as short |
| Aster XAGUSDT | +0.0035% | 4h | 65.374 | +0.043% | $2.7M | $975K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | +0.006% | $786K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.782 | +0.667% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.360 | +0.021% | $152K | $2.8M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.339 | −0.011% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.308 | −0.058% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.331 | −0.023% | $170.3M | $83.6M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0052% | 4h | 65.360 | +0.021% | $116.5M | $157.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0053% | 4h | 65.375 | +0.045% | $191.0M | $766.5M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 65.349 | +0.004% | $29K | $1K | 5x | as long as short |
| edgeX XAGUSDC | +0.0058% | 4h | 65.339 | −0.012% | $665K | $314K | 30x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.373 | +0.041% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.371 | +0.038% | $56K | $31K | 25x | as long as short |
| Aevo XAG-PERP | +0.0064% | 1h | 65.366 | +0.030% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0078% | 24h | 65.343 | −0.005% | $493K | $31.2M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.316 | −0.046% | $469K | $628K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.340 | −0.009% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.360 | +0.021% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0118% | 4h | 65.365 | +0.030% | $391K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.290 | −0.086% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERPlong | +0.0134% | 1h | 65.346 | long leg | $1.2M | $5.2M | 10x | |
| Lighter XAG | +0.0152% | 1h | 65.368 | +0.033% | $5.3M | $11.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0172% | 4h | 65.380 | +0.052% | $23.8M | $46.4M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0182% | 8h | 65.380 | +0.052% | $28.0M | $71.0M | 50x | as long as short |
| Bullet SILVER-USD | +0.0184% | 1h | 65.379 | +0.051% | $44K | $76K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0211% | 1h | 65.337 | −0.014% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0215% | 4h | 65.390 | +0.067% | $2.6M | $601K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0272% / S −0.0241% | 1h | 65.375 | +0.044% | $93K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0362% | 1h | 65.360 | +0.021% | $65K | $380K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.352 | +0.009% | $916K | $746K | 25x | as long as short |
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Aster XAGUSDT
StandX XAG-USD
Vest SI-PERP
QFEX SILVER-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
MEXC SILVER_USDT
Binance XAGUSDT
Paradex XAG-USD-PERP
edgeX XAGUSDC
RISEx XAG/USDC
Phoenix SILVER
Aevo XAG-PERP
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Lighter XAG
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD