Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against SoDEX+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.054% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SILVER-USD | 65.335 | 0.0050 | pay 0.0006% / 1h | 55m 07s | $3K | $6K | 20x |
| Short | ApeX Omni XAGUSDT | 65.370 | 0.0100 | get 0.0013% / 1h | 55m 07s | $112K | $19K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SoDEX. 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
- $10.5
- Price spread: +0.054% → 0.000%
- $5.36
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$2.14
- Costs to cover
- 0.180%
- Break-even
- 8.4 days
Slippage unknown: SoDEX: no order-book sample; ApeX Omni: live order book, 45 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 45 min ago | 8.41 bp | 17.1 bp −$17 | 67.5 bp −$675 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0055% | 1h | 65.270 | −0.099% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.352 | +0.025% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.410 | +0.115% | $27.8M | $39.6M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.380 | +0.069% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.420 | +0.130% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.420 | +0.130% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.320 | −0.022% | $118K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 65.360 | +0.038% | $35K | $21K | 20x | as long as short |
| Variational Omni XAG | +0.0027% | 4h | 65.403 | +0.104% | $5.5M | $9.1M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.402 | +0.103% | $4.6M | $9.7M | 25x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.322 | −0.020% | $5.1M | $11.6M | 10x | as long as short |
| Gate XAG_USDT | +0.0032% | 4h | 65.420 | +0.130% | $141.3M | $176.4M | 100x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.630% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.420 | +0.130% | $787K | $2.9M | 40x | as long as short |
| Aster XAGUSDT | +0.0041% | 4h | 65.412 | +0.118% | $2.7M | $954K | 100x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.370 | +0.054% | $152K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.800 | +0.712% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.350 | +0.023% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USDlong | +0.0050% | 1h | 65.335 | long leg | $3K | $6K | 20x | |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.366 | +0.047% | $29K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0054% | 4h | 65.390 | +0.084% | $117.0M | $156.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0054% | 4h | 65.400 | +0.099% | $191.6M | $761.9M | 100x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.294 | −0.063% | $56K | $31K | 25x | as long as short |
| edgeX XAGUSDC | +0.0064% | 4h | 65.368 | +0.051% | $665K | $312K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.382 | +0.072% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.359 | +0.037% | $469K | $31.5M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0084% | 1h | 65.360 | +0.038% | $170.6M | $83.3M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.230 | −0.161% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.325 | −0.015% | $469K | $621K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.360 | +0.038% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDTshort | +0.0100% | 1h | 65.370 | +0.054% | $112K | $19K | 50x | |
| RISEx XAG/USDC | +0.0118% | 1h | 65.394 | +0.090% | $1.2M | $4.9M | 20x | as long as short |
| Nado XAG-PERP | +0.0145% | 1h | 65.349 | +0.022% | $1.2M | $4.9M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0146% | 4h | 65.440 | +0.160% | $391K | $1.6M | 25x | as long as short |
| Lighter XAG | +0.0160% | 1h | 65.407 | +0.110% | $5.3M | $11.1M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0160% | 1h | 65.354 | +0.029% | $20K | $17K | 10x | as long as short |
| Bitget XAGUSDT | +0.0170% | 4h | 65.400 | +0.099% | $23.7M | $45.7M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0182% | 8h | 65.390 | +0.084% | $28.1M | $70.7M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.380 | +0.069% | $66K | $386K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0210% | 1h | 65.340 | +0.008% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0216% | 4h | 65.380 | +0.069% | $2.7M | $583K | 100x | as long as short |
| Bullet SILVER-USD | +0.0234% | 1h | 65.392 | +0.088% | $44K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.385 | +0.077% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.361 | +0.040% | $1.0M | $873K | 25x | as long as short |
SoDEX SILVER-USD
ApeX Omni XAGUSDT
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Gate XAG_USDT
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
Polymarket Perps SILVER-USD
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Phoenix SILVER
edgeX XAGUSDC
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Lighter XAG
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD