Funding you earn now, next payment 04:00 UTC+0.0435%/8h= +47.6% APRnext payment +$0.54 per $10,000 · paid last 24h +0.071%
Price spread now: Kraken Futures against SoDEX+0.066%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 +$13 a day on $10k at the current rate, and Kraken Futures is 0.066% dearer against SoDEX than usual: you sell high and buy low: +$7 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 | 66.060 | 0.0050 | pay 0.0006% / 1h | 36m 29s | $3K | $6K | 20x |
| Short | Kraken Futures PF_XAGUSD | 66.104 | 0.0485 | get 0.0061% / 1h | 36m 29s | $912K | $676K | 25x |
SoDEX SILVER-USD
Kraken Futures PF_XAGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $91.32
- Price spread: +0.066% → 0.000%
- $6.59
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $79.91
- Costs to cover
- 0.180%
- Break-even
- 0.9 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 22 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 Kraken Futures live order book, 22 min ago | 2.47 bp | 8.4 bp −$8 | 16.2 bp −$162 | 67.4 bp −$6,738 | 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 | 66.085 | +0.038% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.140 | +0.121% | $150.1M | $163.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.170 | +0.167% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.150 | +0.136% | $1.0M | $978K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.160 | +0.151% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.065 | +0.007% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.128 | +0.103% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.069 | +0.013% | $5.2M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.515% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.130 | +0.106% | $795K | $3.0M | 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 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.567 | +0.767% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.098 | +0.058% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USDlong | +0.0050% | 1h | 66.060 | long leg | $3K | $6K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.030 | −0.045% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.130 | +0.106% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.074 | +0.021% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0068% | 24h | 66.097 | +0.056% | $515K | $25.5M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.078 | +0.027% | $470K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.110 | +0.076% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.060 | 0.000% | $113K | $30K | 50x | as long as short |
| Hotstuff SILVER-PERP | +0.0120% | 1h | 66.106 | +0.070% | $35K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0133% | 1h | 66.099 | +0.059% | $165.5M | $73.8M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.139 | +0.120% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0147% | 4h | 66.144 | +0.127% | $2.7M | $877K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0152% | 8h | 66.124 | +0.097% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0156% | 4h | 66.150 | +0.136% | $27.0M | $36.1M | 150x | as long as short |
| Nado XAG-PERP | +0.0192% | 1h | 66.093 | +0.050% | $1.3M | $6.5M | 10x | as long as short |
| Lighter XAG | +0.0200% | 1h | 66.124 | +0.096% | $5.2M | $10.5M | 25x | as long as short |
| Aevo XAG-PERP | +0.0200% | 1h | 66.129 | +0.104% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | +0.106% | $1.8M | $999K | 20x | as long as short |
| Variational Omni XAG | +0.0202% | 4h | 66.133 | +0.110% | $5.6M | $9.7M | — | as long as short |
| Binance XAGUSDT | +0.0218% | 4h | 66.137 | +0.116% | $192.8M | $701.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0218% | 4h | 66.120 | +0.091% | $109.1M | $152.4M | 1000x | as long as short |
| Aftermath Perps XAGUSD | +0.0230% | 1h | 66.110 | +0.076% | $80K | $37K | 10x | as long as short |
| edgeX XAGUSDC | +0.0231% | 4h | 66.127 | +0.102% | $671K | $311K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0231% | 8h | 66.130 | +0.106% | $27.8M | $65.5M | 50x | as long as short |
| BloFin XAG-USDT | +0.0251% | 4h | 66.160 | +0.151% | $2.6M | $554K | 100x | as long as short |
| Bitget XAGUSDT | +0.0260% | 4h | 66.130 | +0.106% | $23.8M | $45.6M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0280% | 4h | 66.144 | +0.127% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0311% | 1h | 66.146 | +0.130% | $45K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.110 | +0.076% | $62K | $348K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0368% | 1h | 66.080 | +0.030% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0375% / S −0.0409% | 1h | 66.135 | +0.114% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0485% | 1h | 66.104 | +0.066% | $912K | $676K | 25x |
Vest SI-PERP
Polymarket Perps SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Hotstuff SILVER-PERP
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
Nado XAG-PERP
Lighter XAG
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Aftermath Perps XAGUSD
edgeX XAGUSDC
OKX XAG-USDT-SWAP
BloFin XAG-USDT
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]