Funding you earn now, next payment 07:00 UTC+0.0433%/8h= +47.4% APRpaid last 24h +0.060%
Price spread now: Kraken Futures against MEXC−0.042%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.042%, 7d avg −0.050%
=The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.151% in total (about 7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SILVER_USDT | 65.360 | 0.0060 | pay 0.0030% / 4h | 1h 24m | $116.1M | $157.5M | 1000x |
| Short | Kraken Futures PF_XAGUSD | 65.333 | 0.0493 | get 0.0062% / 1h | 24m 07s | $915K | $746K | 25x |
MEXC SILVER_USDT
Kraken Futures PF_XAGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $90.88
- Price spread: −0.042% → −0.050%
- $0.87
- Slippage, 4 orders
- −$9.97
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $71.78
- Costs to cover
- 0.200%
- Break-even
- 1.5 days
Slippage from MEXC: live order book, 5 min ago; Kraken Futures: live order book, 19 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 MEXC live order book, 5 min ago | 0.76 bp | 0.8 bp −$1 | 0.8 bp −$8 | 0.8 bp −$76 | 3.2 bp −$1,623 |
| Sell Kraken Futures live order book, 19 min ago | 2.80 bp | 9.9 bp −$10 | 18.2 bp −$182 | 69.8 bp −$6,983 | doesn't fit |
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 | −0.061% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0087% | 1h | 65.240 | −0.184% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0040% | 1h | 65.321 | −0.060% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.099% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.390 | +0.046% | $27.9M | $40.0M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | +0.015% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.410 | +0.076% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.390 | +0.046% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.320 | −0.062% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0026% | 4h | 65.390 | +0.046% | $141.1M | $182.6M | 100x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
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 | 65.369 | +0.014% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.309 | −0.077% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.591% | $11K | $94K | 52x | as long as short |
| Variational Omni XAG | +0.0035% | 4h | 65.364 | +0.005% | $5.5M | $9.4M | — | as long as short |
| Aster XAGUSDT | +0.0039% | 4h | 65.346 | −0.021% | $2.7M | $975K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.360 | 0.000% | $786K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.776 | +0.636% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.350 | −0.015% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.347 | −0.020% | $170.3M | $83.5M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.316 | −0.067% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.313 | −0.072% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 65.344 | −0.025% | $29K | $1K | 5x | as long as short |
| MEXC SILVER_USDTlong | +0.0060% | 4h | 65.360 | long leg | $116.1M | $157.5M | 1000x | |
| Binance XAGUSDT | +0.0060% | 4h | 65.385 | +0.039% | $191.0M | $763.6M | 100x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.368 | +0.013% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.347 | −0.020% | $56K | $31K | 25x | as long as short |
| edgeX XAGUSDC | +0.0066% | 4h | 65.342 | −0.028% | $665K | $312K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.364 | +0.006% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.330 | −0.046% | $517K | $31.0M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.308 | −0.080% | $467K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.340 | −0.031% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.290 | −0.107% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.363 | +0.004% | $385K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.320 | −0.061% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0129% | 1h | 65.320 | −0.062% | $1.2M | $5.4M | 10x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.372 | +0.019% | $5.4M | $11.4M | 25x | as long as short |
| Bitget XAGUSDT | +0.0174% | 4h | 65.380 | +0.031% | $23.8M | $46.4M | 100x | as long as short |
| Bullet SILVER-USD | +0.0179% | 1h | 65.365 | +0.008% | $44K | $76K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0183% | 8h | 65.380 | +0.031% | $28.0M | $70.7M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.350 | −0.015% | $65K | $379K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0222% | 1h | 65.331 | −0.044% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0242% | 4h | 65.340 | −0.031% | $2.6M | $611K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0273% / S −0.0241% | 1h | 65.365 | +0.008% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0493% | 1h | 65.333 | −0.042% | $915K | $746K | 25x |
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Variational Omni XAG
Aster XAGUSDT
StandX XAG-USD
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Binance XAGUSDT
RISEx XAG/USDC
Phoenix SILVER
edgeX XAGUSDC
Aevo XAG-PERP
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Nado XAG-PERP
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]