Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.9% APRpaid last 24h +0.027%
Price spread now: OKX against tradeXYZ+0.071%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.071%, 7d avg +0.073%
=Together, before fees−0.068%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SILVER | 66.033 | 0.0125 | pay 0.0016% / 1h | 11m 23s | $165.8M | $74.3M | 25x |
| Short | OKX XAG-USDT-SWAP | 66.080 | 0.0234 | get 0.0234% / 8h | 4h 11m | $27.7M | $65.0M | 50x |
tradeXYZ xyz:SILVER
OKX XAG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $22.75
- Price spread: +0.071% → +0.073%
- −$0.16
- Slippage, 4 orders
- −$2.11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$7.52
- Costs to cover
- 0.301%
- Break-even
- 9.3 days
Slippage from tradeXYZ: live order book, 7 min ago; OKX: live order book, 2 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 | 0.23 bp | 9.2 bp −$9 | 9.2 bp −$92 | 10.7 bp −$1,070 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.76 bp | 5.8 bp −$6 | 6.0 bp −$60 | 11.7 bp −$1,169 | 69.3 bp −$34.6K |
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 | 66.018 | −0.023% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.080 | +0.071% | $150.1M | $163.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.090 | +0.086% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.120 | +0.132% | $1.0M | $968K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.120 | +0.132% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.001 | −0.048% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.046 | +0.019% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.000 | −0.050% | $5.2M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.556% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.060 | +0.041% | $795K | $3.1M | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | +0.0042% | 1h | 65.950 | −0.126% | $5.7M | $9.6M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.491 | +0.694% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.027 | −0.009% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.035 | +0.003% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.004 | −0.044% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.060 | +0.041% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.025 | −0.012% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0071% | 24h | 66.038 | +0.008% | $547K | $25.4M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.005 | −0.042% | $470K | $615K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.030 | −0.005% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.060 | +0.041% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVERlong | +0.0125% | 1h | 66.033 | long leg | $165.8M | $74.3M | 25x | |
| RISEx XAG/USDC | +0.0137% | 1h | 66.061 | +0.042% | $1.3M | $4.5M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0140% | 8h | 66.056 | +0.036% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0143% | 4h | 66.071 | +0.057% | $2.7M | $868K | 100x | as long as short |
| Bybit XAGUSDT | +0.0168% | 4h | 66.100 | +0.101% | $27.1M | $36.1M | 150x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.051 | +0.027% | $5.2M | $10.7M | 25x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.072 | +0.059% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.020 | −0.020% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAG | +0.0203% | 4h | 66.163 | +0.198% | $5.6M | $9.5M | — | as long as short |
| MEXC SILVER_USDT | +0.0210% | 4h | 66.070 | +0.056% | $110.7M | $153.0M | 1000x | as long as short |
| BloFin XAG-USDT | +0.0212% | 4h | 66.120 | +0.132% | $2.6M | $554K | 100x | as long as short |
| Binance XAGUSDT | +0.0212% | 4h | 66.076 | +0.065% | $192.6M | $700.2M | 100x | as long as short |
| Nado XAG-PERP | +0.0212% | 1h | 66.014 | −0.028% | $1.4M | $6.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0222% | 4h | 66.092 | +0.090% | $671K | $313K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0222% | 1h | 66.046 | +0.019% | $80K | $36K | 10x | as long as short |
| OKX XAG-USDT-SWAPshort | +0.0234% | 8h | 66.080 | +0.071% | $27.7M | $65.0M | 50x | |
| Bitget XAGUSDT | +0.0256% | 4h | 66.070 | +0.056% | $23.8M | $45.4M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0274% | 4h | 66.094 | +0.092% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0288% | 1h | 66.077 | +0.067% | $44K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0356% | 1h | 66.050 | +0.026% | $69K | $355K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0383% / S −0.0424% | 1h | 66.075 | +0.064% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0384% | 1h | 66.050 | +0.026% | $20K | $19K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.044 | +0.016% | $912K | $683K | 25x | as long as short |
Ondo Perps XAG-USD.P
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
MEXC SILVER_USDT
BloFin XAG-USDT
Binance XAGUSDT
Nado XAG-PERP
edgeX XAGUSDC
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Kraken Futures PF_XAGUSD