Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.039%
Price spread now: Coinbase International against SoDEX+0.035%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$1 a day on $10k at the current rate, and Coinbase International is 0.035% dearer against SoDEX than usual: you sell high and buy low: +$4 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 | 64.877 | 0.0050 | pay 0.0006% / 1h | 37m 47s | $3K | $6K | 20x |
| Short | Coinbase International SILVER-PERP-INTX | 64.900 | 0.0080 | get 0.0010% / 1h | 37m 47s | $1.6M | $1.4M | 20x |
SoDEX SILVER-USD
Coinbase International SILVER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $6.3
- Price spread: +0.035% → 0.000%
- $3.55
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$8.15
- Costs to cover
- 0.180%
- Break-even
- 16.1 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago | 0.77 bp | 6.0 bp −$6 | 7.7 bp −$77 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 64.862 | −0.023% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 64.950 | +0.113% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 64.970 | +0.143% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 64.950 | +0.113% | $1.4M | $308K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 64.880 | +0.004% | $117K | — | 250x | as long as short |
| Variational Omni XAG | +0.0012% | 4h | 64.904 | +0.042% | $5.3M | $9.1M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 64.950 | +0.113% | $4.6M | $9.7M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.880 | +0.004% | $5.0M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.348% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 64.950 | +0.113% | $781K | $3.0M | 40x | as long as short |
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0042% | 4h | 64.970 | +0.143% | $138.8M | $181.5M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.344 | +0.720% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 64.920 | +0.066% | $445K | $1.5M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0048% | 4h | 64.950 | +0.113% | $120.8M | $158.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0049% | 4h | 64.956 | +0.121% | $196.0M | $768.0M | 100x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.902 | +0.039% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USDlong | +0.0050% | 1h | 64.877 | long leg | $3K | $6K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.830 | −0.072% | $5.6M | $9.9M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 64.888 | +0.018% | $29K | $166 | 5x | as long as short |
| Aster XAGUSDT | +0.0063% | 4h | 64.940 | +0.097% | $2.6M | $997K | 100x | as long as short |
| Aevo XAG-PERP | +0.0064% | 1h | 64.917 | +0.062% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0073% | 4h | 64.921 | +0.068% | $661K | $313K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0080% | 1h | 64.900 | +0.035% | $1.6M | $1.4M | 20x | |
| Kalshi KXSILVERPERP | +0.0084% | 24h | 64.875 | −0.003% | $484K | $33.8M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0096% | 1h | 64.899 | +0.034% | $35K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 64.880 | +0.005% | $463K | $592K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 64.900 | +0.035% | $25.2M | $4.4M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.890 | +0.020% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 64.865 | −0.018% | $55K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0139% | 1h | 64.923 | +0.071% | $174.2M | $86.4M | 25x | as long as short |
| Bybit XAGUSDT | +0.0158% | 4h | 64.980 | +0.159% | $29.3M | $41.9M | 150x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 64.928 | +0.079% | $1.2M | $4.9M | 20x | as long as short |
| Nado XAG-PERP | +0.0162% | 1h | 64.863 | −0.022% | $1.2M | $4.3M | 10x | as long as short |
| Bitget XAGUSDT | +0.0186% | 4h | 64.960 | +0.128% | $23.1M | $45.4M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0191% | 8h | 64.960 | +0.128% | $28.6M | $72.5M | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0192% | 4h | 64.971 | +0.144% | $390K | $1.6M | 25x | as long as short |
| BloFin XAG-USDT | +0.0197% | 4h | 64.950 | +0.113% | $2.7M | $646K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0212% | 1h | 64.920 | +0.066% | $76K | $426K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 64.917 | +0.061% | $78K | $37K | 10x | as long as short |
| Lighter XAG | +0.0232% | 1h | 64.948 | +0.110% | $5.3M | $11.0M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0237% / S −0.0196% | 1h | 64.945 | +0.105% | $92K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0305% | 1h | 64.946 | +0.107% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0336% | 1h | 64.880 | +0.005% | $20K | $15K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0420% | 1h | 64.913 | +0.055% | $1.0M | $868K | 25x | as long as short |
Gate XAG_USDT
Vest SI-PERP
QFEX SILVER-USD
MEXC SILVER_USDT
Binance XAGUSDT
Polymarket Perps SILVER-USD
Ondo Perps XAG-USD.P
Paradex XAG-USD-PERP
Aster XAGUSDT
Aevo XAG-PERP
edgeX XAGUSDC
Kalshi KXSILVERPERP
Hotstuff SILVER-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
tradeXYZ xyz:SILVER
Bybit XAGUSDT
RISEx XAG/USDC
Nado XAG-PERP
Bitget XAGUSDT
OKX XAG-USDT-SWAP
GRVT XAG_USDT_Perp
BloFin XAG-USDT
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
Lighter XAG
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Hibachi XAG/USDT-P
Kraken Futures PF_XAGUSD