Funding you earn now, next payment 07:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Extended against Phoenix+0.016%88s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 88 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 | 65.047 | 0.0061 | pay 0.0008% / 1h | 21m 53s | $55K | $31K | 25x |
| Short | Extended XAG-USD | 65.057 | 0.0032 | get 0.0004% / 1h | 21m 53s | $5.0M | $11.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$6.15
- Price spread: +0.016% → 0.000%
- $1.55
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$16.6
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago | 0.08 bp | 2.6 bp −$3 | 3.8 bp −$38 | 10.2 bp −$1,017 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0031% | 1h | 65.030 | −0.026% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.070 | +0.035% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.140 | +0.143% | $27.7M | $39.2M | 150x | as long as short |
| Variational Omni XAG | 0.0000% | 4h | 65.043 | −0.006% | $5.5M | $9.1M | — | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.090 | +0.066% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.110 | +0.097% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.120 | +0.112% | $1.5M | $278K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.021 | −0.039% | $118K | — | 250x | as long as short |
| MEXC SILVER_USDT | +0.0030% | 4h | 65.110 | +0.097% | $124.7M | $160.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0030% | 4h | 65.120 | +0.112% | $191.5M | $757.6M | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.089 | +0.064% | $4.6M | $9.9M | 25x | as long as short |
| Extended XAG-USDshort | +0.0032% | 1h | 65.057 | +0.016% | $5.0M | $11.7M | 10x | |
| Aster XAGUSDT | +0.0032% | 4h | 65.120 | +0.112% | $2.7M | $971K | 100x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.080% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0034% | 4h | 65.140 | +0.143% | $140.4M | $180.7M | 100x | as long as short |
| edgeX XAGUSDC | +0.0035% | 4h | 65.061 | +0.021% | $662K | $312K | 30x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.140 | +0.143% | $784K | $2.9M | 40x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.120 | +0.112% | $160K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.510 | +0.712% | — | — | 25x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.073 | +0.041% | $47K | — | 10x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.073 | +0.040% | $3.8M | $892K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.024 | −0.035% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.126 | +0.121% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0059% | 1h | 65.071 | +0.037% | $172.2M | $83.9M | 25x | as long as short |
| Phoenix SILVERlong | +0.0061% | 1h | 65.047 | long leg | $55K | $31K | 25x | |
| Kalshi KXSILVERPERP | +0.0080% | 24h | 65.099 | +0.080% | $475K | $32.2M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 64.970 | −0.118% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.090 | +0.065% | $463K | $606K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.080 | +0.051% | $25.2M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.980 | −0.103% | $111K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.139 | +0.141% | $1.2M | $4.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0120% | 4h | 65.170 | +0.189% | $2.7M | $624K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0132% | 4h | 65.067 | +0.030% | $386K | $1.6M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0152% | 1h | 65.121 | +0.114% | $35K | $21K | 20x | as long as short |
| Bitget XAGUSDT | +0.0154% | 4h | 65.110 | +0.097% | $23.2M | $44.9M | 100x | as long as short |
| Nado XAG-PERP | +0.0164% | 1h | 65.095 | +0.074% | $1.2M | $4.7M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0169% | 8h | 65.140 | +0.143% | $28.3M | $70.4M | 50x | as long as short |
| Lighter XAG | +0.0176% | 1h | 65.090 | +0.065% | $5.3M | $11.2M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0195% | 1h | 65.097 | +0.077% | $78K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0211% | 1h | 65.060 | +0.020% | $65K | $394K | 20x | as long as short |
| Bullet SILVER-USD | +0.0230% | 1h | 65.098 | +0.079% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 65.091 | +0.068% | $20K | $17K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.085 | +0.058% | $92K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0364% | 1h | 65.066 | +0.030% | $1.0M | $869K | 25x | as long as short |
Phoenix SILVER
Extended XAG-USD
Bybit XAGUSDT
Variational Omni XAG
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
MEXC SILVER_USDT
Binance XAGUSDT
Lighter RH XAG
Aster XAGUSDT
Injective XAG/USDC PERP
Gate XAG_USDT
edgeX XAGUSDC
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
BloFin XAG-USDT
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Lighter XAG
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD