Funding you earn now, next payment 08:00 UTC+0.0199%/8h= +21.8% APRnext payment +$0.99 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against KuCoin+0.138%65s7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.261%−$26 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.138%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.069% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.261%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAGUSDTM | 65.320 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $25.3M | $5.0M | 75x |
| Short | BloFin XAG-USDT | 65.410 | 0.0299 | get 0.0149% / 4h | 1h 38m | $2.6M | $610K | 100x |
KuCoin XAGUSDTM
BloFin XAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $41.75
- Price spread: +0.138% → +0.069%
- $6.89
- Slippage, 4 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $16.64
- Costs to cover
- 0.320%
- Break-even
- 4.2 days
Slippage from KuCoin: live order book, 11 min ago; BloFin: live order book, 5 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 KuCoin live order book, 11 min ago | 0.76 bp | 9.9 bp −$10 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.76 bp | 6.8 bp −$7 | 7.9 bp −$79 | 10.1 bp −$1,013 | 16.5 bp −$8,250 |
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 | −0.0128% | 1h | 65.358 | +0.059% | $20K | $20K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0075% | 1h | 65.240 | −0.122% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0024% | 1h | 65.329 | +0.014% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.038% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | +0.077% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.400 | +0.122% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.370 | +0.077% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.289 | −0.047% | $118K | — | 250x | as long as short |
| Bybit XAGUSDT | +0.0015% | 4h | 65.400 | +0.122% | $28.5M | $39.7M | 150x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.370 | +0.077% | $141.2M | $181.3M | 100x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Bybit XAGUSDT
Gate XAG_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.345 | +0.038% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.294 | −0.040% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.653% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | +0.046% | $786K | $3.0M | 40x | as long as short |
| Aster XAGUSDT | +0.0045% | 4h | 65.360 | +0.061% | $2.7M | $973K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.770 | +0.689% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.360 | +0.061% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.327 | +0.011% | $170.2M | $83.1M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.326 | +0.009% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.290 | −0.046% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 65.339 | +0.029% | $29K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0060% | 4h | 65.414 | +0.143% | $5.5M | $9.4M | — | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.360 | +0.061% | $1.3M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.377 | +0.087% | $56K | $31K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0074% | 4h | 65.350 | +0.046% | $115.3M | $157.2M | 1000x | as long as short |
| Binance XAGUSDT | +0.0074% | 4h | 65.373 | +0.082% | $189.9M | $763.7M | 100x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.306 | −0.021% | $487K | $30.6M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0080% | 1h | 65.344 | +0.036% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0095% | 4h | 65.402 | +0.125% | $666K | $312K | 30x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.291 | −0.045% | $466K | $624K | 10x | as long as short |
| KuCoin XAGUSDTMlong | +0.0100% | 4h | 65.320 | long leg | $25.3M | $5.0M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.370 | +0.077% | $112K | $19K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.346 | +0.040% | $5.4M | $11.4M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.409 | +0.136% | $397K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | +0.092% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0120% | 1h | 65.321 | +0.001% | $1.2M | $5.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0163% | 1h | 65.361 | +0.062% | $43K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0186% | 4h | 65.360 | +0.061% | $23.8M | $46.6M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 65.390 | +0.107% | $27.9M | $71.3M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.330 | +0.015% | $65K | $375K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.355 | +0.053% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDTshort | +0.0299% | 4h | 65.410 | +0.138% | $2.6M | $610K | 100x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0318% / S −0.0301% | 1h | 65.345 | +0.038% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.317 | −0.005% | $915K | $746K | 25x | as long as short |
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Variational Omni XAG
RISEx XAG/USDC
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
Kalshi KXSILVERPERP
Aevo XAG-PERP
edgeX XAGUSDC
Pacifica XAG
ApeX Omni XAGUSDT
Lighter XAG
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Nado XAG-PERP
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD