Funding you earn now, next payment 04:00 UTC+0.0123%/8h= +13.5% APRnext payment +$0.61 per $10,000 · paid last 24h +0.015%
Price spread now: edgeX against Bybit−0.167%91s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as 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−$270.273% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 3 days (all we have)+0.189%+$19 · spread now −0.167%, 7d avg −0.012%
=Together, before fees+0.227%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.155% cheaper against Bybit than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of −0.012%). If the spread goes back, that is −$16 on $10k: about 4.2 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.038% in total) that is about 29 days. 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 | Bybit XAGUSDT | 66.620 | 0 | get 0.0000% / 4h | 2h 56m | $26.1M | $35.8M | 150x |
| Short | edgeX XAGUSDC | 66.509 | 0.0123 | get 0.0061% / 4h | 2h 56m | $675K | $316K | 30x |
Bybit XAGUSDT
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $25.81
- Price spread: −0.167% → −0.012%
- −$15.52
- Slippage, 4 orders
- −$7.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$17.01
- Costs to cover
- 0.273%
- Break-even
- 11.6 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 13 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 Bybit live order book, 3 min ago | 0.75 bp | 7.4 bp −$7 | 9.4 bp −$94 | 20.8 bp −$2,081 | 80.8 bp −$40.4K |
| Sell edgeX live order book, 13 min ago | 2.25 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$916 | 21.4 bp −$10.7K |
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 | 66.388 | −0.348% | $15K | — | 5x | as long as short |
| Bybit XAGUSDTlong | 0.0000% | 4h | 66.620 | long leg | $26.1M | $35.8M | 150x | |
| Gate XAG_USDT | 0.0000% | 4h | 66.580 | −0.060% | $154.7M | $159.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.570 | −0.075% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.510 | −0.165% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.590 | −0.045% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.396 | −0.336% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.550 | −0.106% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.414 | −0.309% | $5.4M | $12.5M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0032% | 1h | 66.373 | −0.371% | $35K | $21K | 20x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Hotstuff SILVER-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.330% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.430 | −0.285% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.907 | +0.431% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.369 | −0.377% | $56K | $26K | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.400 | −0.330% | $5.7M | $9.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.449 | −0.257% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.470 | −0.225% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.450 | −0.255% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.430 | −0.285% | $550K | $23.0M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.509 | −0.167% | $1.2M | $4.3M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0095% | 1h | 66.539 | −0.122% | $166.1M | $85.2M | 25x | as long as short |
| Aster XAGUSDT | +0.0098% | 4h | 66.506 | −0.170% | $2.8M | $1.0M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.446 | −0.261% | $473K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.470 | −0.225% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.390 | −0.345% | $126K | $23K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.554 | −0.099% | $5.3M | $10.4M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0113% | 8h | 66.459 | −0.241% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0115% | 4h | 66.455 | −0.248% | $5.6M | $9.8M | — | as long as short |
| edgeX XAGUSDCshort | +0.0123% | 4h | 66.509 | −0.167% | $675K | $316K | 30x | |
| MEXC SILVER_USDT | +0.0126% | 4h | 66.560 | −0.090% | $108.3M | $156.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0126% | 4h | 66.603 | −0.026% | $193.0M | $716.0M | 100x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 66.486 | −0.201% | $48K | — | 10x | as long as short |
| BloFin XAG-USDT | +0.0158% | 4h | 66.470 | −0.225% | $2.6M | $663K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.380 | −0.360% | $1.9M | $962K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 66.454 | −0.249% | $402K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0193% | 8h | 66.600 | −0.030% | $28.0M | $66.8M | 50x | as long as short |
| Bitget XAGUSDT | +0.0200% | 4h | 66.580 | −0.060% | $24.5M | $46.5M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 66.470 | −0.225% | $80K | $39K | 10x | as long as short |
| Nado XAG-PERP | +0.0226% | 1h | 66.465 | −0.233% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0261% | 1h | 66.466 | −0.231% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.465 | −0.233% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.370 | −0.375% | $20K | $22K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.481 | −0.209% | $767K | $552K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0502% | 1h | 66.540 | −0.120% | $50K | $331K | 20x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Ondo Perps XAG-USD.P
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Aevo XAG-PERP
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
Nado XAG-PERP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL