Funding you earn now, next payment 03:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.026%
Price spread now: Extended against OKX−0.124%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now −0.124%, 7d avg −0.065%
=Together, before fees+0.123%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.058% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% 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 | OKX XAG-USDT-SWAP | 66.360 | 0.0217 | pay 0.0217% / 8h | 5h 55m | $27.9M | $65.7M | 50x |
| Short | Extended XAG-USD | 66.278 | 0.0032 | get 0.0004% / 1h | 55m 42s | $5.3M | $12.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- −$38.94
- Price spread: −0.124% → −0.065%
- −$5.83
- Slippage, 4 orders
- −$2.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$62.58
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Extended: 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 OKX live order book, 3 min ago | 0.75 bp | 5.8 bp −$6 | 7.0 bp −$70 | 13.3 bp −$1,325 | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.08 bp | 2.6 bp −$3 | 3.7 bp −$37 | 9.0 bp −$895 | doesn't fit |
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 | 66.359 | −0.002% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.360 | 0.000% | $152.1M | $161.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.380 | +0.030% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.390 | +0.045% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.370 | +0.015% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.288 | −0.108% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.328 | −0.048% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USDshort | +0.0032% | 1h | 66.278 | −0.124% | $5.3M | $12.2M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.060% | $11K | $94K | 52x | as long as short |
| Ondo Perps XAG-USD.P | +0.0039% | 1h | 66.290 | −0.105% | $5.7M | $9.7M | 25x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.440 | +0.121% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.807 | +0.674% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.307 | −0.080% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.325 | −0.053% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.281 | −0.119% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.370 | +0.015% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0063% | 24h | 66.350 | −0.015% | $543K | $24.5M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.335 | −0.037% | $472K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.300 | −0.090% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.290 | −0.105% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0103% | 1h | 66.307 | −0.080% | $165.9M | $75.8M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0141% | 8h | 66.371 | +0.016% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0143% | 4h | 66.350 | −0.015% | $2.7M | $941K | 100x | as long as short |
| Bybit XAGUSDT | +0.0146% | 4h | 66.370 | +0.015% | $26.7M | $36.2M | 150x | as long as short |
| Hotstuff SILVER-PERP | +0.0160% | 1h | 66.342 | −0.027% | $35K | $21K | 20x | as long as short |
| Lighter XAG | +0.0168% | 1h | 66.354 | −0.008% | $5.3M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.355 | −0.008% | $48K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.354 | −0.009% | $5.5M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.388 | +0.042% | $1.2M | $4.4M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0192% | 4h | 66.350 | −0.015% | $111.6M | $151.6M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.320 | −0.060% | $1.9M | $971K | 20x | as long as short |
| Binance XAGUSDT | +0.0192% | 4h | 66.355 | −0.007% | $192.2M | $706.7M | 100x | as long as short |
| edgeX XAGUSDC | +0.0197% | 4h | 66.335 | −0.038% | $673K | $315K | 30x | as long as short |
| OKX XAG-USDT-SWAPlong | +0.0217% | 8h | 66.360 | long leg | $27.9M | $65.7M | 50x | |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.338 | −0.034% | $20K | $22K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0235% | 1h | 66.345 | −0.022% | $80K | $38K | 10x | as long as short |
| Nado XAG-PERP | +0.0253% | 1h | 66.327 | −0.049% | $1.3M | $6.6M | 10x | as long as short |
| Bitget XAGUSDT | +0.0256% | 4h | 66.350 | −0.015% | $23.9M | $46.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0280% | 4h | 66.367 | +0.010% | $398K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0294% | 1h | 66.367 | +0.011% | $46K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0328% / S −0.0338% | 1h | 66.365 | +0.008% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.330 | −0.045% | $50K | $326K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0549% | 1h | 66.321 | −0.059% | $765K | $478K | 25x | as long as short |
OKX XAG-USDT-SWAP
Extended XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Injective XAG/USDC PERP
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Variational Omni XAG
RISEx XAG/USDC
MEXC SILVER_USDT
Coinbase International SILVER-PERP-INTX
Binance XAGUSDT
edgeX XAGUSDC
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD