Funding you earn now, next payment 06:00 UTC−0.0203%/8h= −22.2% APRnext payment −$0.25 per $10,000 · paid last 24h −0.052%
Price spread now: StandX against Bullet−0.161%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 −$6 a day on $10k at the current rate, and StandX is 0.161% cheaper against Bullet than usual: you would sell low and buy high (−$16 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 | Bullet SILVER-USD | 65.726 | 0.0243 | pay 0.0030% / 1h | 9m 23s | $44K | $76K | 10x |
| Short | StandX XAG-USD | 65.620 | 0.0040 | get 0.0005% / 1h | 9m 23s | $789K | $3.0M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Bullet. 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
- −$42.67
- Price spread: −0.161% → 0.000%
- −$16.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$74.78
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; StandX: live order book, 5 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 Bullet no order-book sample | — | — | — | — | — |
| Sell StandX live order book, 5 min ago | 2.29 bp | 9.3 bp −$9 | 9.3 bp −$93 | 30.9 bp −$3,092 | doesn't fit |
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 | 65.642 | −0.128% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.710 | −0.024% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.710 | −0.024% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.690 | −0.055% | $1.5M | $280K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0001% | 1h | 65.610 | −0.176% | $5.6M | $9.7M | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.675 | −0.078% | $119K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.723 | −0.005% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.694 | −0.048% | $4.7M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.670 | −0.086% | $5.1M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.026% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.648 | −0.119% | $56K | $26K | 25x | as long as short |
| StandX XAG-USDshort | +0.0040% | 1h | 65.620 | −0.161% | $789K | $3.0M | 40x | |
| Gate XAG_USDT | +0.0042% | 4h | 65.740 | +0.021% | $145.0M | $180.1M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.136 | +0.624% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.693 | −0.050% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.636 | −0.137% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.690 | −0.055% | $157K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.667 | −0.090% | $35K | $21K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0056% | 1h | 65.545 | −0.275% | $20K | $19K | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.0064% | 8h | 65.692 | −0.051% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.640 | −0.131% | $450K | $28.9M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0080% | 1h | 65.692 | −0.052% | $171.2M | $82.1M | 25x | as long as short |
| Aster XAGUSDT | +0.0086% | 4h | 65.720 | −0.009% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.635 | −0.139% | $469K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.690 | −0.055% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.580 | −0.222% | $112K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0121% | 4h | 65.740 | +0.021% | $28.9M | $39.0M | 150x | as long as short |
| Variational Omni XAG | +0.0127% | 4h | 65.584 | −0.217% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.687 | −0.059% | $5.3M | $11.3M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0136% | 4h | 65.720 | −0.009% | $124.2M | $161.7M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.709 | −0.026% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0137% | 4h | 65.720 | −0.009% | $189.5M | $745.0M | 100x | as long as short |
| edgeX XAGUSDC | +0.0147% | 4h | 65.560 | −0.252% | $667K | $312K | 30x | as long as short |
| Nado XAG-PERP | +0.0154% | 1h | 65.655 | −0.108% | $1.3M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.530 | −0.298% | $1.6M | $1.3M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0207% | 1h | 65.502 | −0.341% | $79K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.710 | −0.024% | $66K | $368K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0208% | 4h | 65.644 | −0.124% | $398K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0215% | 8h | 65.710 | −0.024% | $27.9M | $70.2M | 50x | as long as short |
| Bitget XAGUSDT | +0.0216% | 4h | 65.720 | −0.009% | $23.9M | $46.3M | 100x | as long as short |
| Bullet SILVER-USDlong | +0.0243% | 1h | 65.726 | long leg | $44K | $76K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.725 | −0.001% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0379% | 4h | 65.610 | −0.176% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.657 | −0.105% | $916K | $735K | 25x | as long as short |
Bullet SILVER-USD
StandX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Phoenix SILVER
Gate XAG_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Variational Omni XAG
Lighter XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD