Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.032%
Price spread now: Bullet against Binance+0.072%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bullet is 0.072% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAGUSDT | 66.451 | 0.0100 | pay 0.0050% / 4h | 3h 23m | $192.3M | $723.3M | 100x |
| Short | Bullet SILVER-USD | 66.499 | 0.0225 | get 0.0028% / 1h | 23m 36s | $45K | $76K | 10x |
Binance XAGUSDT
Bullet SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $26.12
- Price spread: +0.072% → 0.000%
- $7.15
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $15.27
- Costs to cover
- 0.180%
- Break-even
- 2.9 days
Slippage unknown: Binance: live order book, 5 min ago; Bullet: 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 Binance live order book, 5 min ago | 0.75 bp | 5.8 bp −$6 | 5.9 bp −$59 | 8.7 bp −$871 | 22.4 bp −$11.2K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | 66.422 | −0.044% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.480 | +0.043% | $25.7M | $35.6M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.480 | +0.043% | $154.8M | $168.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.480 | +0.043% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.510 | +0.088% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.510 | +0.088% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.424 | −0.041% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.432 | −0.028% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.398 | −0.080% | $5.4M | $12.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.077% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
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 PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.520 | +0.103% | $800K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.936 | +0.729% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.473 | +0.033% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.455 | +0.006% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.404 | −0.071% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.350 | −0.152% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.460 | +0.013% | $115K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0052% | 1h | 66.413 | −0.058% | $165.2M | $84.8M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.443 | −0.012% | $561K | $21.5M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.419 | −0.049% | $35K | $21K | 20x | as long as short |
| BloFin XAG-USDT | +0.0081% | 4h | 66.550 | +0.149% | $2.6M | $706K | 100x | as long as short |
| Aster XAGUSDT | +0.0085% | 4h | 66.460 | +0.013% | $2.8M | $1.1M | 100x | as long as short |
| Variational Omni XAG | +0.0089% | 4h | 66.514 | +0.094% | $5.6M | $9.9M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0098% | 8h | 66.445 | −0.009% | $30K | $1K | 5x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.407 | −0.067% | $474K | $623K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.410 | −0.062% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.480 | +0.043% | $126K | $24K | 50x | as long as short |
| Binance XAGUSDTlong | +0.0100% | 4h | 66.451 | long leg | $192.3M | $723.3M | 100x | |
| MEXC SILVER_USDT | +0.0102% | 4h | 66.460 | +0.013% | $108.6M | $160.3M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.469 | +0.027% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0111% | 4h | 66.544 | +0.139% | $675K | $313K | 30x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.440 | −0.017% | $5.4M | $10.5M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0130% | 4h | 66.535 | +0.126% | $391K | $1.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.464 | +0.020% | $1.2M | $4.2M | 20x | as long as short |
| Nado XAG-PERP | +0.0168% | 1h | 66.438 | −0.020% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0172% | 4h | 66.460 | +0.013% | $24.5M | $47.9M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.580 | +0.194% | $1.9M | $929K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0191% | 8h | 66.460 | +0.013% | $27.9M | $67.2M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 66.483 | +0.047% | $80K | $39K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.480 | +0.043% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USDshort | +0.0225% | 1h | 66.499 | +0.072% | $45K | $76K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.485 | +0.051% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.470 | +0.028% | $50K | $336K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0489% | 1h | 66.451 | 0.000% | $764K | $565K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Hotstuff SILVER-PERP
BloFin XAG-USDT
Aster XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
Lighter XAG
GRVT XAG_USDT_Perp
RISEx XAG/USDC
Nado XAG-PERP
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD