Funding you earn now, next payment 04:00 UTC+0.0227%/8h= +24.9% APRnext payment +$1.14 per $10,000 · paid last 24h +0.035%
Price spread now: edgeX against SunX+0.027%74s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.805% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.027%, 7d avg −0.020%
=Together, before fees−0.062%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and edgeX is 0.047% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.14 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 | SunX XAG-USDT | 66.040 | 0 | get 0.0000% / 4h | 5m 53s | $2K | $2.7M | 20x |
| Short | edgeX XAGUSDC | 66.058 | 0.0227 | get 0.0114% / 4h | 5m 53s | $670K | $311K | 30x |
SunX XAG-USDT
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $47.76
- Price spread: +0.027% → −0.020%
- $4.68
- Slippage, 4 orders
- −$63.48
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$28.04
- Costs to cover
- 0.805%
- Break-even
- 11.1 days
Slippage from SunX: live order book, 12 min ago; edgeX: live order book, 53 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 SunX live order book, 12 min ago | 29.48 bp | 33.5 bp −$33 | 62.6 bp −$626 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 2.27 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$918 | 20.9 bp −$10.4K |
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 | 66.018 | −0.033% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.050 | +0.015% | $150.0M | $163.9M | 100x | as long as short |
| SunX XAG-USDTlong | 0.0000% | 4h | 66.040 | long leg | $2K | $2.7M | 20x | |
| HTX XAG-USDT | 0.0000% | 4h | 66.130 | +0.136% | $1.0M | $968K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.090 | +0.076% | $1.5M | $318K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.983 | −0.087% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.040 | 0.000% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.971 | −0.105% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.545% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.100 | +0.091% | $795K | $3.1M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | +0.0045% | 1h | 65.950 | −0.136% | $5.7M | $9.6M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.484 | +0.672% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.013 | −0.041% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.020 | −0.030% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.981 | −0.089% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.050 | +0.015% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.053 | +0.020% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0072% | 24h | 66.015 | −0.038% | $547K | $25.4M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.993 | −0.071% | $470K | $615K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.010 | −0.045% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.030 | −0.015% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0126% | 1h | 66.006 | −0.051% | $165.9M | $73.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.041 | +0.001% | $1.3M | $4.6M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0144% | 8h | 66.040 | 0.000% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0149% | 4h | 66.051 | +0.016% | $2.7M | $868K | 100x | as long as short |
| Bybit XAGUSDT | +0.0172% | 4h | 66.060 | +0.030% | $27.1M | $36.0M | 150x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.043 | +0.004% | $5.3M | $10.8M | 25x | as long as short |
| Aevo XAG-PERP | +0.0200% | 1h | 66.053 | +0.020% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.020 | −0.030% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAG | +0.0208% | 4h | 66.043 | +0.005% | $5.6M | $9.5M | — | as long as short |
| Nado XAG-PERP | +0.0216% | 1h | 66.000 | −0.060% | $1.4M | $6.3M | 10x | as long as short |
| MEXC SILVER_USDT | +0.0216% | 4h | 66.030 | −0.015% | $110.7M | $153.2M | 1000x | as long as short |
| Binance XAGUSDT | +0.0218% | 4h | 66.040 | 0.000% | $192.8M | $700.2M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0224% | 1h | 66.043 | +0.005% | $79K | $36K | 10x | as long as short |
| edgeX XAGUSDCshort | +0.0227% | 4h | 66.058 | +0.027% | $670K | $311K | 30x | |
| OKX XAG-USDT-SWAP | +0.0235% | 8h | 66.050 | +0.015% | $27.7M | $64.9M | 50x | as long as short |
| Bitget XAGUSDT | +0.0258% | 4h | 66.040 | 0.000% | $23.8M | $45.4M | 100x | as long as short |
| BloFin XAG-USDT | +0.0265% | 4h | 66.120 | +0.121% | $2.6M | $554K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0276% | 4h | 66.090 | +0.076% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0290% | 1h | 66.055 | +0.023% | $44K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0356% | 1h | 66.030 | −0.015% | $75K | $362K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0383% / S −0.0424% | 1h | 66.055 | +0.023% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0392% | 1h | 66.020 | −0.030% | $20K | $19K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.018 | −0.033% | $911K | $683K | 25x | as long as short |
Ondo Perps XAG-USD.P
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
Nado XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
BloFin XAG-USDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Kraken Futures PF_XAGUSD