Funding you earn now, next payment 12:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against edgeX+0.055%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$150.151% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.055%, 7d avg −0.015%
=Together, before fees−0.114%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.069% dearer against edgeX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XAGUSDC | 65.564 | 0.0115 | pay 0.0057% / 4h | 1h 43m | $668K | $315K | 30x |
| Short | MEXC SILVER_USDT | 65.600 | 0.0106 | get 0.0053% / 4h | 1h 43m | $110.6M | $163.3M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.85
- Price spread: +0.055% → −0.015%
- $6.94
- Slippage, 4 orders
- −$6.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$10.01
- Costs to cover
- 0.151%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 2.29 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$922 | 21.2 bp −$10.6K |
| Sell MEXC live order book, 4 min ago | 0.76 bp | 0.8 bp −$1 | 0.8 bp −$8 | 0.8 bp −$76 | 4.5 bp −$2,242 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −3.2000% | 1h | 65.532 | −0.049% | $36K | $23K | 20x | as long as short |
| Ondo Perps XAG-USD.P | −0.0002% | 1h | 65.490 | −0.113% | $5.7M | $11.0M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.525 | −0.059% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.620 | +0.085% | $138.3M | $204.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.620 | +0.085% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.640 | +0.116% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.630 | +0.100% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.566 | +0.003% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.612 | +0.073% | $4.6M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.550 | −0.021% | $5.1M | $11.8M | 10x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.468% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.590 | +0.039% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.035 | +0.718% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.571 | +0.010% | $3.8M | $893K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.542 | −0.034% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.590 | +0.039% | $446K | $1.4M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 65.586 | +0.033% | $29K | — | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0059% | 1h | 65.576 | +0.018% | $174.3M | $94.1M | 25x | as long as short |
| Variational Omni XAG | +0.0081% | 4h | 65.578 | +0.021% | $5.7M | $9.1M | — | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.542 | −0.034% | $466K | $567K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.580 | +0.024% | $25.4M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.590 | +0.039% | $112K | $19K | 50x | as long as short |
| Kalshi KXSILVERPERP | +0.0100% | 24h | 65.595 | +0.047% | $718K | $38.7M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.591 | +0.041% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.690 | +0.192% | $1.6M | $1.9M | 20x | as long as short |
| Aster XAGUSDT | +0.0104% | 4h | 65.600 | +0.055% | $2.7M | $1.1M | 100x | as long as short |
| Binance XAGUSDT | +0.0105% | 4h | 65.610 | +0.070% | $191.5M | $864.1M | 100x | as long as short |
| MEXC SILVER_USDTshort | +0.0106% | 4h | 65.600 | +0.055% | $110.6M | $163.3M | 1000x | |
| edgeX XAGUSDClong | +0.0115% | 4h | 65.564 | long leg | $668K | $315K | 30x | |
| Bybit XAGUSDT | +0.0116% | 4h | 65.620 | +0.085% | $30.6M | $48.2M | 150x | as long as short |
| RISEx XAG/USDC | +0.0116% | 1h | 65.606 | +0.064% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0122% | 1h | 65.545 | −0.029% | $55K | $14K | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0130% | 4h | 65.656 | +0.140% | $396K | $1.5M | 25x | as long as short |
| Nado XAG-PERP | +0.0138% | 1h | 65.571 | +0.010% | $1.2M | $3.6M | 10x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.609 | +0.068% | $5.1M | $11.6M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.600 | +0.055% | $77K | $414K | 20x | as long as short |
| Bullet SILVER-USD | +0.0208% | 1h | 65.616 | +0.079% | $45K | $73K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0210% | 8h | 65.610 | +0.070% | $28.0M | $85.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0224% | 1h | 65.609 | +0.068% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0238% | 4h | 65.620 | +0.085% | $23.2M | $52.7M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0256% | 1h | 65.554 | −0.015% | $21K | $12K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0271% / S −0.0239% | 1h | 65.605 | +0.062% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0347% | 4h | 65.590 | +0.039% | $2.7M | $771K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0548% | 1h | 65.578 | +0.021% | $1.0M | $943K | 25x | as long as short |
edgeX XAGUSDC
MEXC SILVER_USDT
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 PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Variational Omni XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Aster XAGUSDT
Binance XAGUSDT
Bybit XAGUSDT
RISEx XAG/USDC
Phoenix SILVER
GRVT XAG_USDT_Perp
Lighter XAG
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD