Funding you earn now, next payment 02:00 UTC+0.0021%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against RISEx+0.030%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 3 days (all we have)+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.030%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.048% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAG/USDC | 66.330 | 0.0079 | pay 0.0010% / 1h | 13m 26s | $1.2M | $4.4M | 20x |
| Short | ApeX Omni XAGUSDT | 66.350 | 0.0100 | get 0.0013% / 1h | 13m 26s | $126K | $23K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against RISEx. 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
- $4.51
- Price spread: +0.030% → −0.018%
- $4.78
- Slippage, 4 orders
- −$36.87
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$43.58
- Costs to cover
- 0.529%
- Break-even
- 74.6 days
Slippage from RISEx: live order book, 6 min ago; ApeX Omni: live order book, 52 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 RISEx live order book, 6 min ago | 0.01 bp | 3.0 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 52 min ago | 9.02 bp | 24.9 bp −$25 | 62.8 bp −$628 | doesn't fit | doesn't fit |
XAG on 43 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 | 66.296 | −0.051% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.320 | −0.015% | $153.1M | $164.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.360 | +0.045% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.400 | +0.106% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.410 | +0.121% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.249 | −0.123% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.323 | −0.010% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.281 | −0.074% | $5.4M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.106% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.410 | +0.121% | $799K | $2.9M | 40x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.762 | +0.651% | — | — | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0047% | 1h | 66.220 | −0.166% | $5.7M | $9.6M | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.297 | −0.050% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.286 | −0.066% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.247 | −0.125% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.310 | −0.030% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0062% | 24h | 66.342 | +0.018% | $609K | $23.8M | 8.1x | as long as short |
| RISEx XAG/USDClong | +0.0079% | 1h | 66.330 | long leg | $1.2M | $4.4M | 20x | |
| tradeXYZ xyz:SILVER | +0.0099% | 1h | 66.278 | −0.078% | $165.8M | $76.2M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.296 | −0.051% | $472K | $606K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.280 | −0.075% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDTshort | +0.0100% | 1h | 66.350 | +0.030% | $126K | $23K | 50x | |
| Hotstuff SILVER-PERP | +0.0112% | 1h | 66.316 | −0.021% | $35K | $21K | 20x | as long as short |
| Bybit XAGUSDT | +0.0131% | 4h | 66.330 | 0.000% | $26.5M | $36.4M | 150x | as long as short |
| Aster XAGUSDT | +0.0132% | 4h | 66.320 | −0.015% | $2.7M | $942K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0137% | 8h | 66.338 | +0.011% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0166% | 4h | 66.373 | +0.064% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.307 | −0.035% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0180% | 4h | 66.300 | −0.045% | $102.7M | $158.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0181% | 4h | 66.316 | −0.020% | $192.1M | $706.8M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.410 | +0.121% | $1.9M | $971K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.332 | +0.003% | $5.3M | $10.6M | 25x | as long as short |
| edgeX XAGUSDC | +0.0197% | 4h | 66.404 | +0.112% | $674K | $315K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0212% | 8h | 66.320 | −0.015% | $28.0M | $65.7M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.320 | −0.015% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0225% | 1h | 66.306 | −0.036% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0237% | 1h | 66.322 | −0.012% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0248% | 4h | 66.320 | −0.015% | $23.9M | $46.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0266% | 4h | 66.378 | +0.072% | $395K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0287% | 1h | 66.329 | −0.002% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.325 | −0.008% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0463% | 1h | 66.323 | −0.010% | $765K | $478K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0504% | 1h | 66.370 | +0.060% | $50K | $325K | 20x | as long as short |
RISEx XAG/USDC
ApeX Omni 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 PERP
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
Bybit XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Coinbase International SILVER-PERP-INTX
Lighter XAG
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL