Funding you earn now, next payment 00:00 UTC+0.0367%/8h= +40.2% APRpaid last 24h +0.055%
Price spread now: Deribit against edgeX−0.014%75s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.265% of the position
Funding, last 4 days (all we have)+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.014%, 7d avg +0.001%
=Together, before fees+0.113%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.083% in total (about 8.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XAGUSDC | 66.629 | 0.0134 | pay 0.0067% / 4h | 14m 00s | $676K | $316K | 30x |
| Short | Deribit SILVER_USDC-PERPETUAL | 66.620 | 0.0501 | get 0.0063% / 1h | 14m 00s | $50K | $351K | 20x |
edgeX XAGUSDC
Deribit SILVER_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against edgeX. 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
- $77.17
- Price spread: −0.014% → +0.001%
- −$1.54
- Slippage, 4 orders
- −$10.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $49.11
- Costs to cover
- 0.265%
- Break-even
- 2.5 days
Slippage from edgeX: live order book, 65 min ago; Deribit: live order book, 65 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 edgeX live order book, 65 min ago | 2.26 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$918 | 20.9 bp −$10.5K |
| Sell Deribit live order book, 65 min ago | 0.75 bp | 4.3 bp −$4 | 5.2 bp −$52 | doesn't fit | doesn't fit |
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 | 66.560 | −0.104% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.650 | +0.031% | $26.5M | $34.7M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.630 | +0.001% | $156.1M | $174.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.630 | +0.001% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.650 | +0.031% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.630 | +0.001% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.560 | −0.104% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0008% | 1h | 66.605 | −0.036% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.607 | −0.034% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.564 | −0.098% | $5.5M | $12.2M | 10x | 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
Hotstuff SILVER-PERP
Lighter RH XAG
Extended XAG-USDShow 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 | −0.344% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 66.531 | −0.148% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.560 | −0.104% | $797K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 67.067 | +0.657% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.591 | −0.057% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.558 | −0.107% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.530 | −0.149% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.595 | −0.051% | $581K | $21.3M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.620 | −0.014% | $125K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0070% | 1h | 66.586 | −0.065% | $166.0M | $87.0M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.585 | −0.066% | $481K | $618K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.580 | −0.074% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.600 | −0.044% | $127K | $26K | 50x | as long as short |
| Variational Omni XAG | +0.0103% | 4h | 66.615 | −0.021% | $5.6M | $10.1M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0105% | 8h | 66.635 | +0.009% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0113% | 4h | 66.625 | −0.007% | $2.8M | $1.1M | 100x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.608 | −0.032% | $5.2M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 66.622 | −0.011% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.620 | −0.014% | $115.5M | $153.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0123% | 4h | 66.630 | +0.001% | $191.9M | $724.1M | 100x | as long as short |
| edgeX XAGUSDClong | +0.0134% | 4h | 66.629 | long leg | $676K | $316K | 30x | |
| Bitget XAGUSDT | +0.0156% | 4h | 66.640 | +0.016% | $24.5M | $48.2M | 100x | as long as short |
| BloFin XAG-USDT | +0.0157% | 4h | 66.610 | −0.029% | $2.6M | $652K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.610 | −0.029% | $1.9M | $851K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0171% | 1h | 66.550 | −0.119% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0180% | 4h | 66.634 | +0.008% | $401K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0197% | 8h | 66.630 | +0.001% | $28.0M | $66.8M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.640 | +0.016% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0250% | 1h | 66.631 | +0.003% | $45K | $75K | 10x | as long as short |
| Nado XAG-PERP | +0.0254% | 1h | 66.597 | −0.048% | $1.3M | $6.6M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0288% | 1h | 66.564 | −0.099% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.625 | −0.006% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUALshort | +0.0501% | 1h | 66.620 | −0.014% | $50K | $351K | 20x | |
| Kraken Futures PF_XAGUSD | +0.0595% | 1h | 66.594 | −0.053% | $764K | $588K | 25x | as long as short |
Injective XAG/USDC PERP
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Aster XAGUSDT
Lighter XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Bitget XAGUSDT
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
Nado XAG-PERP
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD