Funding you earn now, next payment 02:00 UTC+0.0313%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.075%
Price spread now: Deribit against StandX−0.075%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Funding, last 4 days (all we have)+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)+0.114%+$11 · spread now −0.075%, 7d avg +0.017%
=Together, before fees+0.204%+ Points / potential airdropStandX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.092% cheaper against StandX than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.017%). If the spread goes back, that is −$9 on $10k: about 24 hours of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.090% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.090% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.39 per $10,000. 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 | StandX XAG-USD | 66.450 | 0.0040 | pay 0.0005% / 1h | 56m 37s | $799K | $2.9M | 40x |
| Short | Deribit SILVER_USDC-PERPETUAL | 66.400 | 0.0353 | get 0.0044% / 1h | 56m 37s | $50K | $331K | 20x |
StandX XAG-USD
Deribit SILVER_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against StandX. 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
- $65.68
- Price spread: −0.075% → +0.017%
- −$9.21
- Slippage, 4 orders
- −$16.48
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $24.99
- Costs to cover
- 0.315%
- Break-even
- 4.3 days
Slippage from StandX: live order book, 2 min ago; Deribit: live order book, 12 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 StandX live order book, 2 min ago | 3.01 bp | 8.5 bp −$9 | 8.5 bp −$85 | 37.1 bp −$3,707 | doesn't fit |
| Sell Deribit live order book, 12 min ago | 0.75 bp | 10.2 bp −$10 | 10.6 bp −$106 | doesn't fit | 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 | 66.388 | −0.093% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.530 | +0.120% | $25.9M | $35.8M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.520 | +0.105% | $154.6M | $159.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.420 | −0.045% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.430 | −0.030% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.470 | +0.030% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.348 | −0.153% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.439 | −0.017% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.430 | −0.031% | $5.4M | $12.5M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0032% | 1h | 66.373 | −0.116% | $35K | $21K | 20x | 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
Hotstuff SILVER-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.075% | $11K | $94K | 52x | as long as short |
| StandX XAG-USDlong | +0.0040% | 1h | 66.450 | long leg | $799K | $2.9M | 40x | |
| Vest SI-PERP | +0.0046% | 1h | 66.852 | +0.605% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.369 | −0.122% | $56K | $26K | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.400 | −0.075% | $5.7M | $9.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.390 | −0.090% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.342 | −0.163% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.450 | 0.000% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.384 | −0.099% | $549K | $23.0M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.509 | +0.088% | $1.2M | $4.3M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0089% | 1h | 66.425 | −0.038% | $165.8M | $85.2M | 25x | as long as short |
| Aster XAGUSDT | +0.0098% | 4h | 66.448 | −0.003% | $2.8M | $1.0M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.446 | −0.006% | $473K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.420 | −0.045% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.390 | −0.090% | $126K | $23K | 50x | as long as short |
| Variational Omni XAG | +0.0108% | 4h | 66.543 | +0.140% | $5.6M | $9.8M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0113% | 8h | 66.459 | +0.014% | $30K | $1K | 5x | as long as short |
| edgeX XAGUSDC | +0.0123% | 4h | 66.509 | +0.089% | $675K | $316K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0126% | 4h | 66.500 | +0.075% | $108.2M | $156.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0126% | 4h | 66.506 | +0.084% | $193.4M | $716.1M | 100x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 66.406 | −0.066% | $48K | — | 10x | as long as short |
| Lighter XAG | +0.0152% | 1h | 66.454 | +0.005% | $5.3M | $10.4M | 25x | as long as short |
| BloFin XAG-USDT | +0.0158% | 4h | 66.470 | +0.030% | $2.6M | $663K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.380 | −0.105% | $1.9M | $962K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 66.454 | +0.006% | $402K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0194% | 8h | 66.520 | +0.105% | $28.0M | $66.7M | 50x | as long as short |
| Bitget XAGUSDT | +0.0200% | 4h | 66.510 | +0.090% | $24.5M | $46.4M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0207% | 1h | 66.441 | −0.014% | $80K | $39K | 10x | as long as short |
| Nado XAG-PERP | +0.0247% | 1h | 66.373 | −0.116% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0255% | 1h | 66.431 | −0.028% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.425 | −0.038% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.371 | −0.119% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUALshort | +0.0353% | 1h | 66.400 | −0.075% | $50K | $331K | 20x | |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.377 | −0.110% | $765K | $552K | 25x | as long as short |
Injective XAG/USDC PERP
Vest SI-PERP
Phoenix SILVER
Ondo Perps XAG-USD.P
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
edgeX XAGUSDC
MEXC SILVER_USDT
Binance XAGUSDT
Aevo XAG-PERP
Lighter XAG
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
Nado XAG-PERP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Kraken Futures PF_XAGUSD