Funding you earn now, next payment 06:00 UTC−0.0101%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h +0.006%
Price spread now: Coinbase International against Aftermath Perps−0.040%51s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.040% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | Aftermath Perps XAGUSD | 65.346 | 0.0221 | pay 0.0028% / 1h | 25m 19s | $79K | $37K | 10x |
| Short | Coinbase International SILVER-PERP-INTX | 65.320 | 0.0120 | get 0.0015% / 1h | 25m 19s | $1.6M | $1.4M | 20x |
Aftermath Perps XAGUSD
Coinbase International SILVER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aftermath Perps. 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
- −$21.16
- Price spread: −0.040% → 0.000%
- −$4
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$44.16
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 0.77 bp | 5.8 bp −$6 | 7.1 bp −$71 | doesn't fit | doesn't fit |
Aftermath Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0184% | 1h | 65.320 | −0.040% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0088% | 1h | 65.240 | −0.162% | $5.6M | $9.8M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0040% | 1h | 65.327 | −0.029% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.078% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.370 | +0.037% | $27.8M | $40.0M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.390 | +0.067% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.420 | +0.113% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.390 | +0.067% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.320 | −0.041% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0026% | 4h | 65.380 | +0.052% | $141.1M | $182.5M | 100x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.362 | +0.024% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.308 | −0.058% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.613% | $11K | $94K | 52x | as long as short |
| Variational Omni XAG | +0.0035% | 4h | 65.364 | +0.027% | $5.5M | $9.4M | — | as long as short |
| Aster XAGUSDT | +0.0040% | 4h | 65.340 | −0.009% | $2.7M | $975K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.360 | +0.021% | $786K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.784 | +0.670% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.350 | +0.006% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.333 | −0.020% | $170.3M | $83.7M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.328 | −0.028% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.308 | −0.058% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 65.353 | +0.010% | $29K | $1K | 5x | as long as short |
| Binance XAGUSDT | +0.0061% | 4h | 65.370 | +0.036% | $190.9M | $763.6M | 100x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.384 | +0.057% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.347 | +0.001% | $56K | $31K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0062% | 4h | 65.360 | +0.021% | $115.9M | $157.4M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0066% | 4h | 65.342 | −0.007% | $665K | $312K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.360 | +0.021% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.356 | +0.015% | $517K | $31.0M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.308 | −0.059% | $467K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.340 | −0.009% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.290 | −0.086% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.363 | +0.025% | $385K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0120% | 1h | 65.320 | −0.040% | $1.6M | $1.4M | 20x | |
| Nado XAG-PERP | +0.0130% | 1h | 65.317 | −0.044% | $1.2M | $5.4M | 10x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.368 | +0.033% | $5.4M | $11.4M | 25x | as long as short |
| Bitget XAGUSDT | +0.0176% | 4h | 65.370 | +0.037% | $23.8M | $46.3M | 100x | as long as short |
| Bullet SILVER-USD | +0.0179% | 1h | 65.374 | +0.042% | $44K | $76K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0183% | 8h | 65.360 | +0.021% | $28.0M | $70.6M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.360 | +0.021% | $65K | $378K | 20x | as long as short |
| Aftermath Perps XAGUSDlong | +0.0221% | 1h | 65.346 | long leg | $79K | $37K | 10x | |
| BloFin XAG-USDT | +0.0255% | 4h | 65.350 | +0.006% | $2.6M | $611K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0273% / S −0.0241% | 1h | 65.365 | +0.029% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.353 | +0.011% | $916K | $746K | 25x | as long as short |
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Variational Omni XAG
Aster XAGUSDT
StandX XAG-USD
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Binance XAGUSDT
RISEx XAG/USDC
Phoenix SILVER
MEXC SILVER_USDT
edgeX XAGUSDC
Aevo XAG-PERP
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Nado XAG-PERP
Lighter XAG
Bitget XAGUSDT
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD