Funding you earn now, next payment 06:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.046%
Price spread now: KuCoin against Hotstuff−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$2 a day on $10k at the current rate, and KuCoin is 0.027% cheaper against Hotstuff than usual: you would sell low and buy high (−$3 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 | Hotstuff SILVER-PERP | 65.698 | 0.0160 | pay 0.0020% / 1h | 8m 00s | $35K | $21K | 20x |
| Short | KuCoin XAGUSDTM | 65.680 | 0.0100 | get 0.0050% / 4h | 2h 08m | $24.7M | $4.8M | 75x |
Hotstuff SILVER-PERP
KuCoin XAGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hotstuff. 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
- −$12.6
- Price spread: −0.027% → 0.000%
- −$2.74
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$32.34
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; KuCoin: live order book, 6 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 6 min ago | 1.53 bp | 7.9 bp −$8 | 14.1 bp −$141 | doesn't fit | doesn't fit |
Hotstuff: 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 | −0.085% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.700 | +0.003% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.740 | +0.064% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.690 | −0.012% | $1.5M | $280K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0001% | 1h | 65.610 | −0.134% | $5.6M | $9.7M | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.649 | −0.075% | $119K | — | 250x | as long as short |
| Hibachi XAG/USDT-P | +0.0016% | 1h | 65.584 | −0.173% | $20K | $19K | 10x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.716 | +0.028% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.680 | −0.027% | $4.7M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.663 | −0.053% | $5.2M | $11.7M | 10x | as long as short |
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Ondo Perps XAG-USD.P
gTrade (Gains Network) XAG/USD
Hibachi XAG/USDT-P
RISEx XAG/USDC
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 | +1.069% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.648 | −0.076% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0040% | 4h | 65.730 | +0.049% | $144.9M | $180.3M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.620 | −0.119% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.128 | +0.655% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.670 | −0.043% | $3.9M | $711K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.641 | −0.087% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.690 | −0.012% | $157K | $2.8M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0063% | 8h | 65.691 | −0.011% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.678 | −0.030% | $448K | $28.9M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0079% | 1h | 65.678 | −0.030% | $171.1M | $82.2M | 25x | as long as short |
| Aster XAGUSDT | +0.0083% | 4h | 65.700 | +0.003% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.660 | −0.058% | $469K | $629K | 10x | as long as short |
| KuCoin XAGUSDTMshort | +0.0100% | 4h | 65.680 | −0.027% | $24.7M | $4.8M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.580 | −0.180% | $112K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0118% | 4h | 65.750 | +0.079% | $28.8M | $39.2M | 150x | as long as short |
| Variational Omni XAG | +0.0127% | 4h | 65.584 | −0.174% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.685 | −0.020% | $5.4M | $11.4M | 25x | as long as short |
| Binance XAGUSDT | +0.0135% | 4h | 65.738 | +0.060% | $189.6M | $745.8M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0136% | 4h | 65.720 | +0.033% | $124.1M | $161.8M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.698 | 0.000% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0147% | 4h | 65.560 | −0.209% | $667K | $312K | 30x | as long as short |
| Nado XAG-PERP | +0.0152% | 1h | 65.691 | −0.010% | $1.3M | $5.5M | 10x | as long as short |
| Hotstuff SILVER-PERPlong | +0.0160% | 1h | 65.698 | long leg | $35K | $21K | 20x | |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.660 | −0.058% | $1.6M | $1.3M | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.690 | −0.012% | $66K | $368K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.547 | −0.230% | $79K | $37K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0208% | 4h | 65.644 | −0.082% | $398K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0214% | 4h | 65.730 | +0.049% | $24.0M | $46.3M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0214% | 8h | 65.730 | +0.049% | $27.9M | $70.2M | 50x | as long as short |
| Bullet SILVER-USD | +0.0241% | 1h | 65.712 | +0.021% | $44K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.705 | +0.011% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0377% | 4h | 65.680 | −0.027% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.675 | −0.035% | $916K | $735K | 25x | as long as short |
Injective XAG/USDC PERP
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
ApeX Omni XAGUSDT
Bybit XAGUSDT
Variational Omni XAG
Lighter XAG
Binance XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
Nado XAG-PERP
Coinbase International SILVER-PERP-INTX
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD