Funding you earn now, next payment 01:00 UTC+0.0294%/8h= +32.1% APRpaid last 24h +0.039%
Price spread now: Kraken Futures against OKX−0.072%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.072%, 7d avg −0.068%
=The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: +$9 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 0.129% in total (about 6.7% 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 | OKX XAG-USDT-SWAP | 66.550 | 0.0195 | pay 0.0195% / 8h | 7h 00m | $28.0M | $66.9M | 50x |
| Short | Kraken Futures PF_XAGUSD | 66.502 | 0.0489 | get 0.0061% / 1h | 0m 05s | $763K | $561K | 25x |
OKX XAG-USDT-SWAP
Kraken Futures PF_XAGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $61.64
- Price spread: −0.072% → −0.068%
- −$0.48
- Slippage, 4 orders
- −$8.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $32.19
- Costs to cover
- 0.290%
- Break-even
- 3.3 days
Slippage from OKX: live order book, 4 min ago; Kraken Futures: live order book, 8 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 OKX live order book, 4 min ago | 0.75 bp | 5.8 bp −$6 | 6.7 bp −$67 | 12.8 bp −$1,284 | doesn't fit |
| Sell Kraken Futures live order book, 8 min ago | 2.75 bp | 8.6 bp −$9 | 16.6 bp −$166 | 52.0 bp −$5,197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.475 | −0.112% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.550 | 0.000% | $25.5M | $35.7M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.530 | −0.030% | $154.7M | $169.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.540 | −0.015% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.560 | +0.015% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.550 | 0.000% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.467 | −0.124% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.521 | −0.043% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.473 | −0.116% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.225% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.590 | +0.060% | $801K | $2.8M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.972 | +0.634% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.507 | −0.065% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.499 | −0.077% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.463 | −0.131% | $3K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.440 | −0.165% | $5.7M | $9.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.530 | −0.030% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.492 | −0.087% | $558K | $22.0M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0070% | 1h | 66.494 | −0.084% | $165.8M | $85.0M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0072% | 1h | 66.514 | −0.054% | $35K | $21K | 20x | as long as short |
| Aster XAGUSDT | +0.0097% | 4h | 66.510 | −0.060% | $2.8M | $1.0M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.484 | −0.099% | $474K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.500 | −0.075% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.530 | −0.030% | $127K | $24K | 50x | as long as short |
| Variational Omni XAG | +0.0108% | 4h | 66.543 | −0.010% | $5.6M | $9.8M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0112% | 8h | 66.542 | −0.012% | $30K | $1K | 5x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 66.519 | −0.046% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.520 | −0.045% | $108.9M | $161.4M | 1000x | as long as short |
| BloFin XAG-USDT | +0.0122% | 4h | 66.590 | +0.060% | $2.6M | $683K | 100x | as long as short |
| Binance XAGUSDT | +0.0123% | 4h | 66.535 | −0.023% | $193.5M | $718.2M | 100x | as long as short |
| edgeX XAGUSDC | +0.0123% | 4h | 66.552 | +0.003% | $675K | $315K | 30x | as long as short |
| Lighter XAG | +0.0128% | 1h | 66.526 | −0.037% | $5.4M | $10.6M | 25x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.540 | −0.015% | $1.3M | $4.2M | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.490 | −0.090% | $1.9M | $965K | 20x | as long as short |
| Nado XAG-PERP | +0.0188% | 1h | 66.502 | −0.072% | $1.3M | $6.5M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 66.559 | +0.013% | $402K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAPlong | +0.0195% | 8h | 66.550 | long leg | $28.0M | $66.9M | 50x | |
| Bitget XAGUSDT | +0.0196% | 4h | 66.540 | −0.015% | $24.6M | $47.5M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 66.511 | −0.059% | $80K | $39K | 10x | as long as short |
| Bullet SILVER-USD | +0.0250% | 1h | 66.543 | −0.011% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0288% | 1h | 66.505 | −0.068% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.535 | −0.023% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.520 | −0.045% | $50K | $336K | 20x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0489% | 1h | 66.502 | −0.072% | $763K | $561K | 25x |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Hotstuff SILVER-PERP
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Aevo XAG-PERP
MEXC SILVER_USDT
BloFin XAG-USDT
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
RISEx XAG/USDC
Coinbase International SILVER-PERP-INTX
Nado XAG-PERP
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL