Funding spread now, next payment 18:00 UTC−0.0012%/8h
paid, last 24h−0.002%paid, last 7 days−0.141%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SILVER | 66.103 | 0.0012 | pay 0.0002% / 1h | 6m 39s | $56K | $27K | 25x |
| Short | Phemex XAGUSDT | 66.170 | 0 | get 0.0000% / 4h | 1h 06m | $1.5M | $257K | 100x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$21.55
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.101%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 0.75 bp | 9.7 bp −$10 | 14.2 bp −$142 | doesn't fit | doesn't fit |
Phoenix: 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 43 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0115% | 1h | $6.2M | $8.5M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | $15K | $997 | 5x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | $1.4M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | $133.3M | $192.1M | 100x | as long as short |
| Kalshi KXSILVERPERP | 0.0000% | 24h | $702K | $21.5M | 8.1x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | $2K | $3.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDTshort | 0.0000% | 4h | $1.5M | $257K | 100x | |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | $120K | — | 250x | as long as short |
| Phoenix SILVERlong | +0.0012% | 1h | $56K | $27K | 25x |
Phoenix SILVER
Phemex XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Injective XAG/USDC PERP
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Aster XAGUSDT
BloFin XAG-USDT
Variational Omni XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
Lighter XAG
OKX XAG-USDT-SWAP
Extended XAG-USD
Bullet SILVER-USD
Bybit XAGUSDT
Coinbase International SILVER-PERP-INTX
GMX SILVER/USD [ETH-USDC]
Bitget XAGUSDT
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD