Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: tradeXYZ against SoDEX+0.051%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
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.051% 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 | 65.006 | 0.0050 | pay 0.0006% / 1h | 4m 14s | $3K | $6K | 20x |
| Short | tradeXYZ xyz:SILVER | 65.039 | 0.0073 | get 0.0009% / 1h | 4m 14s | $172.9M | $84.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $4.86
- Price spread: +0.051% → 0.000%
- $5.08
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$16.06
- Costs to cover
- 0.260%
- Break-even
- 30.1 days
Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 0.31 bp | 9.4 bp −$9 | 10.1 bp −$101 | 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 | −0.0023% | 1h | 64.960 | −0.071% | $5.6M | $9.9M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0016% | 1h | 65.033 | +0.042% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 64.997 | −0.014% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.090 | +0.129% | $27.7M | $39.0M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.080 | +0.114% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.100 | +0.145% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.090 | +0.129% | $1.5M | $281K | 100x | as long as short |
| Variational Omni XAG | +0.0003% | 4h | 65.056 | +0.077% | $5.5M | $9.1M | — | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.007 | +0.001% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.081 | +0.115% | $4.6M | $10.0M | 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 | 65.006 | +0.001% | $5.0M | $11.8M | 10x | as long as short |
| Gate XAG_USDT | +0.0032% | 4h | 65.080 | +0.114% | $140.2M | $182.0M | 100x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.144% | $11K | $94K | 52x | as long as short |
| MEXC SILVER_USDT | +0.0034% | 4h | 65.080 | +0.114% | $126.4M | $162.9M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0036% | 4h | 65.076 | +0.107% | $662K | $313K | 30x | as long as short |
| Binance XAGUSDT | +0.0037% | 4h | 65.087 | +0.125% | $191.5M | $756.2M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.070 | +0.098% | $783K | $3.0M | 40x | as long as short |
| Aster XAGUSDT | +0.0044% | 4h | 65.070 | +0.098% | $2.6M | $982K | 100x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.060 | +0.083% | $170K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.474 | +0.720% | — | — | 25x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.060 | +0.083% | $47K | — | 10x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.045 | +0.060% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USDlong | +0.0050% | 1h | 65.006 | long leg | $3K | $6K | 20x | |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 65.051 | +0.069% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.054 | +0.074% | $55K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVERshort | +0.0073% | 1h | 65.039 | +0.051% | $172.9M | $84.7M | 25x | |
| Kalshi KXSILVERPERP | +0.0081% | 24h | 65.038 | +0.049% | $489K | $32.2M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.030 | +0.037% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.007 | +0.002% | $463K | $598K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.030 | +0.037% | $25.2M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.070 | +0.098% | $111K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.078 | +0.111% | $1.3M | $4.9M | 20x | as long as short |
| BloFin XAG-USDT | +0.0141% | 4h | 65.090 | +0.129% | $2.7M | $625K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0144% | 4h | 65.099 | +0.143% | $385K | $1.6M | 25x | as long as short |
| Nado XAG-PERP | +0.0156% | 1h | 65.030 | +0.037% | $1.2M | $4.7M | 10x | as long as short |
| Bitget XAGUSDT | +0.0166% | 4h | 65.090 | +0.129% | $23.2M | $44.9M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0174% | 8h | 65.090 | +0.129% | $28.2M | $70.8M | 50x | as long as short |
| Lighter XAG | +0.0184% | 1h | 65.080 | +0.114% | $5.3M | $11.3M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 65.058 | +0.080% | $78K | $37K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 65.010 | +0.006% | $20K | $16K | 10x | as long as short |
| Bullet SILVER-USD | +0.0237% | 1h | 65.086 | +0.124% | $44K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.075 | +0.106% | $92K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0365% | 1h | 65.054 | +0.073% | $1.0M | $869K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0365% | 1h | 65.060 | +0.083% | $65K | $399K | 20x | as long as short |
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Variational Omni XAG
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Gate XAG_USDT
Injective XAG/USDC PERP
MEXC SILVER_USDT
edgeX XAGUSDC
Binance XAGUSDT
StandX XAG-USD
Aster XAGUSDT
Polymarket Perps SILVER-USD
Paradex XAG-USD-PERP
Phoenix 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
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL