Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.008%
Price spread now: Aster against Phoenix+0.121%85s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.086%−$9 on $10k
+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 Aster is 0.121% dearer against Phoenix than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SILVER | 66.309 | 0.0048 | pay 0.0006% / 1h | 24m 06s | $56K | $26K | 25x |
| Short | Aster XAGUSDT | 66.389 | 0.0124 | get 0.0062% / 4h | 2h 24m | $2.7M | $944K | 100x |
Phoenix SILVER
Aster XAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- $16.01
- Price spread: +0.121% → 0.000%
- $12.06
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $13.06
- Costs to cover
- 0.150%
- Break-even
- 1.3 days
Slippage unknown: Phoenix: no order-book sample; Aster: live order book, 4 min ago. 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 4 min ago | 1.51 bp | 5.5 bp −$6 | 6.9 bp −$69 | 12.3 bp −$1,230 | doesn't fit |
Phoenix: 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 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 | 66.308 | −0.002% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.400 | +0.137% | $152.7M | $163.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.380 | +0.107% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.420 | +0.167% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.440 | +0.198% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.306 | −0.004% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.374 | +0.098% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.311 | +0.002% | $5.4M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.137% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.390 | +0.122% | $799K | $2.9M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.819 | +0.769% | — | — | 25x | as long as short |
| Phoenix SILVERlong | +0.0048% | 1h | 66.309 | long leg | $56K | $26K | 25x | |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.363 | +0.081% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.303 | −0.009% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.290 | −0.029% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.370 | +0.092% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0061% | 24h | 66.336 | +0.041% | $568K | $23.5M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.350 | +0.062% | $35K | $21K | 20x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.393 | +0.127% | $1.2M | $4.3M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.332 | +0.035% | $472K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.350 | +0.062% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.370 | +0.092% | $126K | $23K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0100% | 1h | 66.358 | +0.074% | $165.6M | $75.8M | 25x | as long as short |
| Bybit XAGUSDT | +0.0117% | 4h | 66.410 | +0.152% | $26.7M | $36.3M | 150x | as long as short |
| Aster XAGUSDTshort | +0.0124% | 4h | 66.389 | +0.121% | $2.7M | $944K | 100x | |
| Paradex XAG-USD-PERP | +0.0130% | 8h | 66.377 | +0.102% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0150% | 4h | 66.344 | +0.053% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0152% | 1h | 66.375 | +0.100% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0166% | 4h | 66.390 | +0.122% | $102.7M | $158.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0170% | 4h | 66.400 | +0.137% | $192.6M | $708.8M | 100x | as long as short |
| edgeX XAGUSDC | +0.0183% | 4h | 66.379 | +0.105% | $673K | $313K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.350 | +0.062% | $1.9M | $969K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.384 | +0.114% | $5.3M | $10.6M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0204% | 8h | 66.400 | +0.137% | $28.0M | $65.8M | 50x | as long as short |
| Nado XAG-PERP | +0.0225% | 1h | 66.349 | +0.061% | $1.3M | $6.4M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0227% | 1h | 66.367 | +0.087% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0240% | 4h | 66.400 | +0.137% | $23.9M | $46.0M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0248% | 1h | 66.280 | −0.044% | $20K | $22K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0256% | 4h | 66.364 | +0.084% | $397K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0285% | 1h | 66.380 | +0.107% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.375 | +0.100% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.360 | +0.077% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.348 | +0.059% | $765K | $478K | 25x | as long as short |
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
Hotstuff SILVER-PERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Lighter XAG
OKX XAG-USDT-SWAP
Nado XAG-PERP
Aftermath Perps XAGUSD
Bitget XAGUSDT
Hibachi XAG/USDT-P
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD