Funding you earn now, next payment 10:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.016%
Price spread now: edgeX against tradeXYZ−0.295%86s7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)+0.376%+$38 · spread now −0.295%, 7d avg +0.053%
=Together, before fees+0.321%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.348% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.295% now, against its 7-day average of +0.053%). If the spread goes back, that is −$35 on $10k: about 3 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SILVER | 65.640 | 0.0121 | pay 0.0015% / 1h | 5m 45s | $174.7M | $93.4M | 25x |
| Short | edgeX XAGUSDC | 65.446 | 0.0135 | get 0.0067% / 4h | 2h 05m | $667K | $314K | 30x |
tradeXYZ xyz:SILVER
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against tradeXYZ. 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
- $2.94
- Price spread: −0.295% → +0.053%
- −$34.82
- Slippage, 4 orders
- −$5.61
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$64.5
- Costs to cover
- 0.326%
- Break-even
- 160.8 days
Slippage from tradeXYZ: live order book, 7 min ago; edgeX: live order book, 46 min ago.
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 tradeXYZ live order book, 7 min ago | 0.15 bp | 9.6 bp −$10 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 2.30 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$924 | 21.4 bp −$10.7K |
XAG on 44 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | −0.0220% | 1h | 64.602 | −1.581% | $11K | $240 | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.0002% | 1h | 65.460 | −0.274% | $5.7M | $10.6M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.488 | −0.232% | $12K | $7K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.700 | +0.091% | $139.2M | $201.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.650 | +0.015% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.570 | −0.107% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.650 | +0.015% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.611 | −0.044% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.645 | +0.008% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.587 | −0.081% | $5.1M | $11.8M | 10x | as long as short |
Injective XAG/USDC PERP
Ondo Perps XAG-USD.P
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 65.400 | −0.366% | $787K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.966 | +0.497% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.563 | −0.117% | $36K | $23K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.518 | −0.186% | $3.8M | $894K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.546 | −0.143% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0058% | 8h | 65.551 | −0.136% | $29K | $166 | 5x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 65.540 | −0.152% | $445K | $1.4M | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.600 | −0.061% | $1.6M | $1.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0097% | 24h | 65.591 | −0.075% | $690K | $38.0M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.519 | −0.184% | $466K | $572K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.620 | −0.030% | $25.3M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.400 | −0.366% | $112K | $19K | 50x | as long as short |
| Variational Omni XAG | +0.0101% | 4h | 65.440 | −0.304% | $5.7M | $9.2M | — | as long as short |
| Phoenix SILVER | +0.0110% | 1h | 65.406 | −0.356% | $55K | $13K | 25x | as long as short |
| tradeXYZ xyz:SILVERlong | +0.0121% | 1h | 65.640 | long leg | $174.7M | $93.4M | 25x | |
| Aevo XAG-PERP | +0.0128% | 1h | 65.558 | −0.124% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0130% | 4h | 65.680 | +0.061% | $121.4M | $168.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0131% | 4h | 65.703 | +0.095% | $193.6M | $849.2M | 100x | as long as short |
| Aster XAGUSDT | +0.0134% | 4h | 65.694 | +0.082% | $2.7M | $1.1M | 100x | as long as short |
| edgeX XAGUSDCshort | +0.0135% | 4h | 65.446 | −0.295% | $667K | $314K | 30x | |
| Nado XAG-PERP | +0.0174% | 1h | 65.511 | −0.196% | $1.2M | $3.7M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0184% | 4h | 65.455 | −0.282% | $395K | $1.6M | 25x | as long as short |
| Lighter XAG | +0.0200% | 1h | 65.654 | +0.022% | $5.1M | $11.8M | 25x | as long as short |
| RISEx XAG/USDC | +0.0206% | 1h | 65.563 | −0.118% | $1.2M | $4.9M | 20x | as long as short |
| Bybit XAGUSDT | +0.0207% | 4h | 65.760 | +0.183% | $30.6M | $47.1M | 150x | as long as short |
| Aftermath Perps XAGUSD | +0.0216% | 1h | 65.446 | −0.295% | $79K | $37K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0219% | 8h | 65.730 | +0.137% | $28.1M | $84.0M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0248% | 1h | 65.402 | −0.362% | $21K | $12K | 10x | as long as short |
| Bitget XAGUSDT | +0.0252% | 4h | 65.720 | +0.122% | $23.2M | $51.6M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0265% / S −0.0232% | 1h | 65.675 | +0.053% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0276% | 1h | 65.573 | −0.102% | $44K | $74K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0361% | 1h | 65.550 | −0.137% | $77K | $411K | 20x | as long as short |
| BloFin XAG-USDT | +0.0370% | 4h | 65.560 | −0.122% | $2.7M | $760K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0773% | 1h | 65.573 | −0.102% | $1.0M | $939K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
QFEX SILVER-USD
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Phoenix SILVER
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Aster XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Lighter XAG
RISEx XAG/USDC
Bybit XAGUSDT
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Hibachi XAG/USDT-P
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
BloFin XAG-USDT
Kraken Futures PF_XAGUSD