Funding you earn now, next payment 06:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.017%
Price spread now: gTrade (Gains Network) against tradeXYZ−0.032%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2902.899% of the position
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.032%, 7d avg −0.030%
=Together, before fees+0.072%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SILVER | 65.670 | 0.0079 | pay 0.0010% / 1h | 8m 22s | $171.2M | $82.2M | 25x |
| Short | gTrade (Gains Network) XAG/USD | 65.649 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 8m 22s | $119K | — | 250x |
tradeXYZ xyz:SILVER
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$15.35
- Price spread: −0.032% → −0.030%
- −$0.19
- Slippage, 4 orders
- −$261.9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$305.45
- Costs to cover
- 2.899%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; gTrade (Gains Network): virtual book (oracle venue), 6 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, 12 min ago | 0.54 bp | 9.5 bp −$10 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 6 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2012.7 bp −$1.01M |
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 | 65.642 | −0.043% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.700 | +0.046% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.740 | +0.107% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.690 | +0.030% | $1.5M | $280K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0001% | 1h | 65.610 | −0.091% | $5.6M | $9.7M | 25x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 65.649 | −0.032% | $119K | — | 250x | |
| Hibachi XAG/USDT-P | +0.0016% | 1h | 65.584 | −0.130% | $20K | $19K | 10x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.716 | +0.070% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.701 | +0.048% | $4.7M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.650 | −0.031% | $5.2M | $11.7M | 10x | as long as short |
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Ondo Perps XAG-USD.P
Hibachi XAG/USDT-P
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.112% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.648 | −0.034% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0040% | 4h | 65.720 | +0.076% | $144.9M | $180.3M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.620 | −0.076% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.128 | +0.697% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.670 | 0.000% | $3.9M | $711K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.641 | −0.044% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.690 | +0.030% | $157K | $2.8M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0063% | 8h | 65.691 | +0.032% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.678 | +0.012% | $448K | $28.9M | 8.1x | as long as short |
| tradeXYZ xyz:SILVERlong | +0.0079% | 1h | 65.670 | long leg | $171.2M | $82.2M | 25x | |
| Aster XAGUSDT | +0.0083% | 4h | 65.700 | +0.046% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.660 | −0.016% | $469K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.670 | 0.000% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.580 | −0.137% | $112K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0118% | 4h | 65.720 | +0.076% | $28.8M | $39.2M | 150x | as long as short |
| Variational Omni XAG | +0.0127% | 4h | 65.584 | −0.132% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.685 | +0.023% | $5.4M | $11.4M | 25x | as long as short |
| Binance XAGUSDT | +0.0135% | 4h | 65.703 | +0.051% | $189.5M | $745.3M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0136% | 4h | 65.700 | +0.046% | $124.1M | $161.8M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.698 | +0.043% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0147% | 4h | 65.560 | −0.167% | $667K | $312K | 30x | as long as short |
| Nado XAG-PERP | +0.0152% | 1h | 65.691 | +0.032% | $1.3M | $5.5M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0160% | 1h | 65.698 | +0.043% | $35K | $21K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.660 | −0.015% | $1.6M | $1.3M | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.690 | +0.030% | $66K | $368K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.547 | −0.188% | $79K | $37K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0208% | 4h | 65.644 | −0.039% | $398K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0214% | 4h | 65.710 | +0.061% | $24.0M | $46.3M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0214% | 8h | 65.700 | +0.046% | $27.9M | $70.2M | 50x | as long as short |
| Bullet SILVER-USD | +0.0241% | 1h | 65.712 | +0.064% | $44K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.705 | +0.053% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0377% | 4h | 65.680 | +0.015% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.675 | +0.008% | $916K | $735K | 25x | as long as short |
Injective XAG/USDC PERP
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Variational Omni XAG
Lighter XAG
Binance XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
Nado XAG-PERP
Hotstuff SILVER-PERP
Coinbase International SILVER-PERP-INTX
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD