Funding you earn now, next payment 12:00 UTC+0.0239%/8h= +26.2% APRnext payment +$1.20 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Binance−0.122%91s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$250.251% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.122%, 7d avg +0.009%
=Funding pays, the price is against you. BloFin is 0.132% cheaper against Binance than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of +0.009%). If the spread goes back, that is −$13 on $10k: about 44 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour. The two prices were read 91 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 | Binance XAGUSDT | 65.390 | 0.0131 | pay 0.0065% / 4h | 2h 15m | $193.1M | $835.4M | 100x |
| Short | BloFin XAG-USDT | 65.310 | 0.0370 | get 0.0185% / 4h | 2h 15m | $2.7M | $753K | 100x |
Binance XAGUSDT
BloFin XAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $50.27
- Price spread: −0.122% → +0.009%
- −$13.17
- Slippage, 4 orders
- −$3.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.04
- Costs to cover
- 0.251%
- Break-even
- 5.3 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 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 Binance live order book, 6 min ago | 0.76 bp | 5.8 bp −$6 | 5.8 bp −$58 | 9.8 bp −$982 | 26.3 bp −$13.1K |
| Sell BloFin live order book, 6 min ago | 0.76 bp | 6.8 bp −$7 | 6.8 bp −$68 | 8.3 bp −$832 | 17.6 bp −$8,819 |
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 | −1.205% | $11K | $240 | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.0003% | 1h | 65.240 | −0.229% | $5.7M | $10.4M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.326 | −0.098% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.410 | +0.031% | $139.2M | $200.1M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.360 | −0.046% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.410 | +0.031% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.390 | 0.000% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.302 | −0.134% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.381 | −0.014% | $4.5M | $9.7M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.329 | −0.094% | $5.1M | $11.6M | 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 | 65.330 | −0.092% | $786K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.775 | +0.589% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.333 | −0.087% | $3.8M | $892K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.300 | −0.138% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0058% | 8h | 65.369 | −0.032% | $29K | $166 | 5x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 65.330 | −0.092% | $444K | $1.4M | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.330 | −0.092% | $1.6M | $1.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0096% | 24h | 65.374 | −0.024% | $641K | $37.2M | 8.1x | as long as short |
| Variational Omni XAG | +0.0100% | 4h | 65.381 | −0.014% | $5.7M | $9.2M | — | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.321 | −0.105% | $465K | $574K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.360 | −0.046% | $25.2M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.270 | −0.184% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0110% | 1h | 65.288 | −0.156% | $55K | $13K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0112% | 1h | 65.289 | −0.154% | $35K | $23K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0123% | 1h | 65.349 | −0.063% | $174.1M | $93.0M | 25x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.379 | −0.016% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0130% | 4h | 65.380 | −0.015% | $119.6M | $166.7M | 1000x | as long as short |
| Binance XAGUSDTlong | +0.0131% | 4h | 65.390 | long leg | $193.1M | $835.4M | 100x | |
| edgeX XAGUSDC | +0.0134% | 4h | 65.334 | −0.086% | $666K | $315K | 30x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 65.390 | 0.000% | $2.7M | $1.1M | 100x | as long as short |
| Nado XAG-PERP | +0.0181% | 1h | 65.314 | −0.117% | $1.2M | $3.9M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0188% | 4h | 65.320 | −0.107% | $394K | $1.6M | 25x | as long as short |
| Lighter XAG | +0.0192% | 1h | 65.378 | −0.018% | $5.1M | $11.7M | 25x | as long as short |
| RISEx XAG/USDC | +0.0206% | 1h | 65.357 | −0.050% | $1.2M | $4.9M | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.340 | −0.076% | $77K | $411K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0214% | 8h | 65.390 | 0.000% | $27.9M | $82.4M | 50x | as long as short |
| Bybit XAGUSDT | +0.0216% | 4h | 65.400 | +0.015% | $30.5M | $46.8M | 150x | as long as short |
| Aftermath Perps XAGUSD | +0.0217% | 1h | 65.305 | −0.131% | $78K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0246% | 4h | 65.390 | 0.000% | $23.1M | $50.4M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0263% / S −0.0229% | 1h | 65.405 | +0.023% | $93K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 65.270 | −0.184% | $20K | $12K | 10x | as long as short |
| Bullet SILVER-USD | +0.0277% | 1h | 65.374 | −0.024% | $44K | $74K | 10x | as long as short |
| BloFin XAG-USDTshort | +0.0370% | 4h | 65.310 | −0.122% | $2.7M | $753K | 100x | |
| Kraken Futures PF_XAGUSD | +0.0775% | 1h | 65.337 | −0.081% | $1.0M | $937K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
QFEX SILVER-USD
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Variational Omni XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
Hotstuff SILVER-PERP
tradeXYZ xyz:SILVER
Aevo XAG-PERP
MEXC SILVER_USDT
edgeX XAGUSDC
Aster XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Lighter XAG
RISEx XAG/USDC
Deribit SILVER_USDC-PERPETUAL
OKX XAG-USDT-SWAP
Bybit XAGUSDT
Aftermath Perps XAGUSD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Bullet SILVER-USD
Kraken Futures PF_XAGUSD