Funding you earn now, next payment 06:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: SoDEX against Extended−0.040%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
=Funding pays, the price is against you. SoDEX is 0.040% cheaper against Extended than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 7.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAG-USD | 65.593 | 0.0032 | pay 0.0004% / 1h | 10m 30s | $5.1M | $11.7M | 10x |
| Short | SoDEX SILVER-USD | 65.567 | 0.0050 | get 0.0006% / 1h | 10m 30s | $3K | $6K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Extended. 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
- $3.78
- Price spread: −0.040% → 0.000%
- −$4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$13.25
- Costs to cover
- 0.130%
- Break-even
- 31.5 days
Slippage unknown: Extended: live order book, 4 min ago; SoDEX: 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 Extended live order book, 4 min ago | 0.08 bp | 4.2 bp −$4 | 8.3 bp −$83 | 16.1 bp −$1,609 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | 65.576 | −0.027% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.610 | +0.025% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.640 | +0.071% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.630 | +0.056% | $1.5M | $280K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0001% | 1h | 65.560 | −0.051% | $5.6M | $9.7M | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.616 | +0.035% | $119K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.662 | +0.105% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.610 | +0.026% | $4.7M | $9.5M | 25x | as long as short |
| Extended XAG-USDlong | +0.0032% | 1h | 65.593 | long leg | $5.1M | $11.7M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.230% | $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 | 65.418 | −0.267% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0040% | 4h | 65.690 | +0.147% | $145.1M | $179.8M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | −0.036% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.068 | +0.723% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.627 | +0.051% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USDshort | +0.0050% | 1h | 65.567 | −0.040% | $3K | $6K | 20x | |
| QFEX SILVER-USD | +0.0051% | 1h | 65.630 | +0.056% | $157K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.607 | +0.021% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0064% | 8h | 65.616 | +0.034% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.561 | −0.049% | $445K | $28.8M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0081% | 1h | 65.647 | +0.082% | $171.1M | $82.7M | 25x | as long as short |
| Aster XAGUSDT | +0.0088% | 4h | 65.677 | +0.127% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.585 | −0.013% | $468K | $626K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.620 | +0.040% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.400 | −0.295% | $112K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0125% | 4h | 65.690 | +0.147% | $28.8M | $38.9M | 150x | as long as short |
| Variational Omni XAG | +0.0127% | 4h | 65.584 | −0.015% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.617 | +0.035% | $5.3M | $11.2M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0136% | 1h | 65.476 | −0.179% | $20K | $19K | 10x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.598 | +0.008% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0138% | 4h | 65.670 | +0.117% | $189.4M | $744.4M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0138% | 4h | 65.650 | +0.086% | $123.3M | $161.5M | 1000x | as long as short |
| Nado XAG-PERP | +0.0155% | 1h | 65.582 | −0.017% | $1.3M | $5.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0158% | 4h | 65.443 | −0.230% | $666K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.530 | −0.097% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0204% | 4h | 65.430 | −0.249% | $397K | $1.5M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.471 | −0.187% | $79K | $37K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 65.690 | +0.147% | $27.9M | $70.1M | 50x | as long as short |
| Bitget XAGUSDT | +0.0216% | 4h | 65.670 | +0.117% | $23.8M | $46.2M | 100x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 65.681 | +0.133% | $43K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0360% | 1h | 65.620 | +0.040% | $66K | $367K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.675 | +0.124% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0379% | 4h | 65.610 | +0.025% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0470% | 1h | 65.576 | −0.026% | $915K | $735K | 25x | as long as short |
Extended XAG-USD
SoDEX SILVER-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Injective XAG/USDC PERP
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Polymarket Perps 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
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD