Funding you earn now, next payment 07:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.021%
Price spread now: QFEX against Aevo+0.045%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. QFEX is 0.045% dearer against Aevo than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAG-PERP | 65.400 | 0.0104 | pay 0.0013% / 1h | 50m 56s | $47K | — | 10x |
| Short | QFEX SILVER-USD | 65.430 | 0.0050 | get 0.0006% / 1h | 50m 56s | $152K | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Aevo. 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
- −$11.36
- Price spread: +0.045% → 0.000%
- $4.53
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$32.82
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; QFEX: live order book, 7 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 7 min ago | 1.52 bp | 8.0 bp −$8 | 8.0 bp −$80 | 10.0 bp −$997 | doesn't fit |
Aevo: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0120% | 1h | 65.433 | +0.049% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0048% | 1h | 65.300 | −0.153% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.406 | +0.009% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.440 | +0.061% | $2K | $2.6M | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | 0.0000% | 1h | 65.390 | −0.016% | $66K | $370K | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.460 | +0.091% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.440 | +0.061% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.386 | −0.021% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0026% | 4h | 65.430 | +0.045% | $142.0M | $178.0M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.405 | +0.007% | $4.7M | $9.6M | 25x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.376 | −0.037% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.529% | $11K | $94K | 52x | as long as short |
| Hotstuff SILVER-PERP | +0.0040% | 1h | 65.460 | +0.091% | $35K | $21K | 20x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.500 | +0.152% | $788K | $3.0M | 40x | as long as short |
| Bybit XAGUSDT | +0.0045% | 4h | 65.430 | +0.045% | $28.5M | $39.4M | 150x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.877 | +0.729% | — | — | 25x | as long as short |
| QFEX SILVER-USDshort | +0.0050% | 1h | 65.430 | +0.045% | $152K | $2.8M | 20x | |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.385 | −0.023% | $170.5M | $83.1M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.404 | +0.006% | $3.9M | $716K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.363 | −0.057% | $3K | $6K | 20x | as long as short |
| Aster XAGUSDT | +0.0055% | 4h | 65.420 | +0.030% | $2.7M | $955K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.421 | +0.032% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.438 | +0.058% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.561 | +0.246% | $56K | $31K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.416 | +0.024% | $499K | $29.4M | 8.1x | as long as short |
| Lighter XAG | +0.0080% | 1h | 65.416 | +0.024% | $5.4M | $11.3M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0096% | 4h | 65.400 | −0.001% | $112.8M | $156.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0096% | 4h | 65.419 | +0.029% | $188.2M | $755.5M | 100x | as long as short |
| Variational Omni XAG | +0.0096% | 4h | 65.634 | +0.357% | $5.5M | $9.4M | — | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.386 | −0.021% | $467K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.390 | −0.016% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.470 | +0.107% | $112K | $19K | 50x | as long as short |
| Aevo XAG-PERPlong | +0.0104% | 1h | 65.400 | long leg | $47K | — | 10x | |
| edgeX XAGUSDC | +0.0108% | 4h | 65.508 | +0.164% | $667K | $313K | 30x | as long as short |
| Nado XAG-PERP | +0.0118% | 1h | 65.417 | +0.026% | $1.2M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.370 | −0.046% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0142% | 4h | 65.500 | +0.152% | $394K | $1.6M | 25x | as long as short |
| Bullet SILVER-USD | +0.0156% | 1h | 65.438 | +0.058% | $44K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0194% | 4h | 65.410 | +0.015% | $23.8M | $46.5M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0197% | 8h | 65.420 | +0.030% | $27.8M | $70.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0212% | 1h | 65.496 | +0.146% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0321% / S −0.0301% | 1h | 65.425 | +0.038% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0336% | 4h | 65.460 | +0.091% | $2.6M | $617K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0492% | 1h | 65.380 | −0.031% | $916K | $740K | 25x | as long as short |
SunX XAG-USDT
Deribit SILVER_USDC-PERPETUAL
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Bybit XAGUSDT
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Aster XAGUSDT
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
Kalshi KXSILVERPERP
Lighter XAG
MEXC SILVER_USDT
Binance XAGUSDT
Variational Omni XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD