Funding you earn now, next payment 05:00 UTC+0.0543%/8h= +59.5% APRnext payment +$0.68 per $10,000 · paid last 24h +0.062%
Price spread now: Kraken Futures against RISEx−0.055%7-day average −0.081% · 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−$23as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 4 days (all we have)−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.055%, 7d avg −0.081%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.026% dearer against RISEx than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.081%. Mind the row above: over the last 4 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.057% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.68 per $10,000. 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 | RISEx XAG/USDC | 66.065 | 0.0080 | pay 0.0010% / 1h | 14m 35s | $1.3M | $4.9M | 20x |
| Short | Kraken Futures PF_XAGUSD | 66.029 | 0.0624 | get 0.0078% / 1h | 14m 35s | $911K | $683K | 25x |
RISEx XAG/USDC
Kraken Futures PF_XAGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against RISEx. 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
- $114.06
- Price spread: −0.055% → −0.081%
- $2.57
- Slippage, 4 orders
- −$9.84
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $90.78
- Costs to cover
- 0.258%
- Break-even
- 1.4 days
Slippage from RISEx: live order book, 4 min ago; Kraken Futures: live order book, 39 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 RISEx live order book, 4 min ago | 0.31 bp | 3.3 bp −$3 | 4.3 bp −$43 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 39 min ago | 2.87 bp | 8.7 bp −$9 | 18.5 bp −$185 | 57.7 bp −$5,769 | doesn't fit |
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 | −0.0057% | 1h | 65.960 | −0.159% | $5.7M | $9.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | −0.116% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.080 | +0.023% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.080 | +0.023% | $1.0M | $949K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.070 | +0.007% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.994 | −0.108% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.024 | −0.062% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.048 | −0.026% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.993 | −0.109% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.507% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0034% | 4h | 66.070 | +0.007% | $149.8M | $164.2M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.060 | −0.008% | $795K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.478 | +0.625% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.024 | −0.062% | $3.9M | $676K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.994 | −0.108% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0053% | 1h | 66.026 | −0.059% | $166.3M | $74.0M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 66.041 | −0.036% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.050 | −0.023% | $114K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.008 | −0.086% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 66.011 | −0.082% | $557K | $26.4M | 8.1x | as long as short |
| RISEx XAG/USDClong | +0.0080% | 1h | 66.065 | long leg | $1.3M | $4.9M | 20x | |
| Pacifica XAG | +0.0100% | 1h | 66.003 | −0.094% | $470K | $605K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.030 | −0.053% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.010 | −0.083% | $113K | $30K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.046 | −0.029% | $5.2M | $10.9M | 25x | as long as short |
| Bybit XAGUSDT | +0.0113% | 4h | 66.080 | +0.023% | $27.8M | $36.5M | 150x | as long as short |
| Aster XAGUSDT | +0.0121% | 4h | 66.062 | −0.004% | $2.7M | $866K | 100x | as long as short |
| Variational Omni XAG | +0.0165% | 4h | 66.053 | −0.018% | $5.6M | $9.5M | — | as long as short |
| BloFin XAG-USDT | +0.0165% | 4h | 66.060 | −0.008% | $2.6M | $563K | 100x | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.053 | −0.018% | $47K | — | 10x | as long as short |
| Nado XAG-PERP | +0.0176% | 1h | 66.012 | −0.081% | $1.4M | $5.8M | 10x | as long as short |
| MEXC SILVER_USDT | +0.0176% | 4h | 66.060 | −0.008% | $115.0M | $152.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0177% | 4h | 66.068 | +0.004% | $191.6M | $702.0M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0178% | 4h | 66.079 | +0.022% | $395K | $1.5M | 25x | as long as short |
| edgeX XAGUSDC | +0.0186% | 4h | 66.058 | −0.010% | $670K | $312K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0189% | 1h | 66.046 | −0.028% | $79K | $36K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 66.030 | −0.053% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 66.030 | −0.053% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0225% | 8h | 66.070 | +0.007% | $27.7M | $64.6M | 50x | as long as short |
| Bitget XAGUSDT | +0.0226% | 4h | 66.070 | +0.007% | $23.9M | $45.2M | 100x | as long as short |
| Bullet SILVER-USD | +0.0229% | 1h | 66.063 | −0.004% | $44K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.020 | −0.068% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 66.065 | 0.000% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0624% | 1h | 66.029 | −0.055% | $911K | $683K | 25x |
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERP
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Aster XAGUSDT
Variational Omni XAG
BloFin XAG-USDT
Aevo XAG-PERP
Nado XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
GRVT XAG_USDT_Perp
edgeX XAGUSDC
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]