Funding you earn now, next payment 03:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.004%
Price spread now: SoDEX against tradeXYZ−0.051%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.051% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SILVER | 66.330 | 0.0097 | pay 0.0012% / 1h | 25m 21s | $166.1M | $74.3M | 25x |
| Short | SoDEX SILVER-USD | 66.296 | 0.0050 | get 0.0006% / 1h | 25m 21s | $3K | $6K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$9.97
- Price spread: −0.051% → 0.000%
- −$5.13
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$41.1
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 3 min ago; SoDEX: 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 tradeXYZ live order book, 3 min ago | 0.53 bp | 10.0 bp −$10 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.272 | −0.087% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.370 | +0.060% | $150.4M | $164.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.350 | +0.030% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.390 | +0.090% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.390 | +0.090% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.296 | −0.052% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.358 | +0.042% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.297 | −0.050% | $5.2M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.106% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.270 | −0.090% | $797K | $2.9M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.793 | +0.698% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.331 | +0.002% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USDshort | +0.0050% | 1h | 66.296 | −0.051% | $3K | $6K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.270 | −0.090% | $5.7M | $9.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.340 | +0.015% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0065% | 24h | 66.311 | −0.029% | $536K | $24.6M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.308 | −0.033% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVERlong | +0.0097% | 1h | 66.330 | long leg | $166.1M | $74.3M | 25x | |
| Pacifica XAG | +0.0100% | 1h | 66.294 | −0.054% | $472K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.310 | −0.030% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.280 | −0.075% | $113K | $30K | 50x | as long as short |
| Hotstuff SILVER-PERP | +0.0120% | 1h | 66.301 | −0.044% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0134% | 8h | 66.341 | +0.016% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0135% | 4h | 66.369 | +0.058% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0158% | 4h | 66.390 | +0.090% | $26.9M | $36.1M | 150x | as long as short |
| BloFin XAG-USDT | +0.0175% | 4h | 66.340 | +0.015% | $2.6M | $553K | 100x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.359 | +0.044% | $48K | — | 10x | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.370 | +0.060% | $1.3M | $4.5M | 20x | as long as short |
| Variational Omni XAG | +0.0184% | 4h | 66.321 | −0.013% | $5.6M | $9.8M | — | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.367 | +0.056% | $5.3M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.350 | +0.030% | $1.9M | $988K | 20x | as long as short |
| MEXC SILVER_USDT | +0.0194% | 4h | 66.360 | +0.045% | $103.4M | $153.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0196% | 4h | 66.377 | +0.071% | $192.3M | $705.3M | 100x | as long as short |
| edgeX XAGUSDC | +0.0204% | 4h | 66.323 | −0.010% | $673K | $313K | 30x | as long as short |
| Nado XAG-PERP | +0.0211% | 1h | 66.300 | −0.045% | $1.3M | $6.6M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.370 | +0.060% | $27.8M | $65.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0234% | 1h | 66.277 | −0.080% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0246% | 4h | 66.370 | +0.060% | $23.8M | $45.8M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0268% | 4h | 66.347 | +0.026% | $402K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.270 | −0.090% | $20K | $19K | 10x | as long as short |
| Bullet SILVER-USD | +0.0280% | 1h | 66.363 | +0.050% | $46K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0351% / S −0.0372% | 1h | 66.365 | +0.053% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.350 | +0.030% | $50K | $322K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0549% | 1h | 66.333 | +0.005% | $915K | $671K | 25x | as long as short |
tradeXYZ xyz:SILVER
SoDEX SILVER-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-USD
Polymarket Perps SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
BloFin XAG-USDT
RISEx XAG/USDC
Variational Omni XAG
Lighter XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD