Funding you earn now, next payment 08:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h −0.002%
Price spread now: Phoenix against StandX+0.073%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.073% dearer against StandX 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 | StandX XAG-USD | 64.720 | 0.0040 | pay 0.0005% / 1h | 27m 32s | $778K | $3.0M | 40x |
| Short | Phoenix SILVER | 64.767 | 0.0111 | get 0.0014% / 1h | 27m 32s | $55K | $31K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against StandX. 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
- $14.87
- Price spread: +0.073% → 0.000%
- $7.26
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $7.13
- Costs to cover
- 0.150%
- Break-even
- 3.6 days
Slippage unknown: StandX: live order book, 1 min ago; Phoenix: no order-book sample. 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 StandX live order book, 1 min ago | 3.09 bp | 7.1 bp −$7 | 8.5 bp −$85 | 35.4 bp −$3,543 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | 64.673 | −0.073% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 64.790 | +0.108% | $139.2M | $185.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 64.740 | +0.031% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 64.780 | +0.093% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 64.780 | +0.093% | $1.5M | $337K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 64.663 | −0.088% | $117K | — | 250x | as long as short |
| Variational Omni XAG | +0.0017% | 4h | 64.834 | +0.177% | $5.3M | $9.1M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 64.748 | +0.043% | $4.5M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.701 | −0.030% | $5.0M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.596% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USDlong | +0.0040% | 1h | 64.720 | long leg | $778K | $3.0M | 40x | |
| Vest SI-PERP | +0.0046% | 1h | 65.150 | +0.664% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 64.740 | +0.031% | $447K | $1.5M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.665 | −0.085% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 64.666 | −0.083% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.670 | −0.077% | $5.6M | $9.9M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0056% | 4h | 64.760 | +0.062% | $121.3M | $158.9M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0058% | 4h | 64.839 | +0.184% | $660K | $315K | 30x | as long as short |
| Binance XAGUSDT | +0.0058% | 4h | 64.746 | +0.040% | $196.3M | $780.9M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0062% | 8h | 64.749 | +0.045% | $29K | $166 | 5x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 64.719 | −0.002% | $46K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0078% | 4h | 64.744 | +0.037% | $2.6M | $1.0M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0080% | 1h | 64.680 | −0.062% | $1.6M | $1.5M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0085% | 24h | 64.711 | −0.014% | $484K | $34.6M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0088% | 1h | 64.736 | +0.025% | $34K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 64.712 | −0.012% | $462K | $591K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 64.710 | −0.015% | $25.0M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.810 | +0.139% | $111K | $19K | 50x | as long as short |
| Phoenix SILVERshort | +0.0111% | 1h | 64.767 | +0.073% | $55K | $31K | 25x | |
| tradeXYZ xyz:SILVER | +0.0129% | 1h | 64.726 | +0.009% | $172.6M | $88.6M | 25x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 64.730 | +0.015% | $1.2M | $4.9M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0160% | 4h | 64.830 | +0.170% | $386K | $1.6M | 25x | as long as short |
| Nado XAG-PERP | +0.0160% | 1h | 64.719 | −0.002% | $1.2M | $4.2M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0194% | 8h | 64.730 | +0.015% | $28.7M | $74.4M | 50x | as long as short |
| Bitget XAGUSDT | +0.0196% | 4h | 64.720 | 0.000% | $23.4M | $47.1M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0221% | 1h | 64.788 | +0.105% | $78K | $37K | 10x | as long as short |
| Lighter XAG | +0.0224% | 1h | 64.760 | +0.061% | $5.2M | $11.1M | 25x | as long as short |
| Bybit XAGUSDT | +0.0224% | 4h | 64.760 | +0.062% | $29.7M | $43.2M | 150x | as long as short |
| BloFin XAG-USDT | +0.0231% | 4h | 64.840 | +0.185% | $2.7M | $667K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 64.735 | +0.023% | $92K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0296% | 1h | 64.745 | +0.039% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0344% | 1h | 64.664 | −0.086% | $19K | $15K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0368% | 1h | 64.720 | 0.000% | $76K | $432K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0421% | 1h | 64.701 | −0.029% | $1.0M | $892K | 25x | as long as short |
StandX XAG-USD
Phoenix SILVER
Gate XAG_USDT
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
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
MEXC SILVER_USDT
edgeX XAGUSDC
Binance XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
Lighter XAG
Bybit XAGUSDT
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD