Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.014%
Price spread now: Vest against Kalshi+0.683%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Vest is 0.683% dearer against Kalshi than usual: you sell high and buy low (spread +0.683% now, against zero (this spread has no 7-day history yet)): +$68 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSILVERPERP | 65.330 | 0.0077 | pay 0.0232% / 24h | 7h 24m | $517K | $31.0M | 8.1x |
| Short | Vest SI-PERP | 65.776 | 0.0046 | get 0.0006% / 1h | 24m 01s | — | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Kalshi. 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
- −$6.65
- Price spread: +0.683% → 0.000%
- $68.27
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $49.62
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Kalshi: live order book, 5 min ago; Vest: 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 Kalshi live order book, 5 min ago | 0.54 bp | 5.6 bp −$6 | 7.9 bp −$79 | 11.6 bp −$1,164 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0176% | 1h | 65.320 | −0.015% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0087% | 1h | 65.240 | −0.138% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0040% | 1h | 65.321 | −0.014% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.053% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.390 | +0.092% | $27.9M | $40.0M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | +0.061% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.410 | +0.122% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.390 | +0.092% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.320 | −0.016% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0026% | 4h | 65.390 | +0.092% | $141.1M | $182.6M | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.369 | +0.060% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.309 | −0.031% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.638% | $11K | $94K | 52x | as long as short |
| Variational Omni XAG | +0.0035% | 4h | 65.364 | +0.051% | $5.5M | $9.4M | — | as long as short |
| Aster XAGUSDT | +0.0039% | 4h | 65.346 | +0.025% | $2.7M | $975K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.360 | +0.046% | $786K | $2.9M | 40x | as long as short |
| Vest SI-PERPshort | +0.0046% | 1h | 65.776 | +0.683% | — | — | 25x | |
| QFEX SILVER-USD | +0.0050% | 1h | 65.350 | +0.031% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.347 | +0.026% | $170.3M | $83.5M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.316 | −0.021% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.313 | −0.026% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 65.344 | +0.021% | $29K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0060% | 4h | 65.360 | +0.046% | $116.1M | $157.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0060% | 4h | 65.385 | +0.085% | $191.0M | $763.6M | 100x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.368 | +0.058% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.347 | +0.026% | $56K | $31K | 25x | as long as short |
| edgeX XAGUSDC | +0.0066% | 4h | 65.342 | +0.018% | $665K | $312K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.364 | +0.052% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERPlong | +0.0077% | 24h | 65.330 | long leg | $517K | $31.0M | 8.1x | |
| Pacifica XAG | +0.0100% | 1h | 65.308 | −0.034% | $467K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.340 | +0.015% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.290 | −0.061% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.363 | +0.050% | $385K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.320 | −0.015% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0129% | 1h | 65.320 | −0.016% | $1.2M | $5.4M | 10x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.372 | +0.065% | $5.4M | $11.4M | 25x | as long as short |
| Bitget XAGUSDT | +0.0174% | 4h | 65.380 | +0.077% | $23.8M | $46.4M | 100x | as long as short |
| Bullet SILVER-USD | +0.0179% | 1h | 65.365 | +0.054% | $44K | $76K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0183% | 8h | 65.380 | +0.077% | $28.0M | $70.7M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.350 | +0.031% | $65K | $379K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0222% | 1h | 65.331 | +0.002% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0242% | 4h | 65.340 | +0.015% | $2.6M | $611K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0273% / S −0.0241% | 1h | 65.365 | +0.054% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.333 | +0.004% | $915K | $746K | 25x | as long as short |
Kalshi KXSILVERPERP
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Variational Omni XAG
Aster XAGUSDT
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
RISEx XAG/USDC
Phoenix SILVER
edgeX XAGUSDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Lighter XAG
Bitget XAGUSDT
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD