Funding you earn now, next payment 09:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.004%
Price spread now: Bullet against Bitget−0.132%47s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bullet is 0.132% cheaper against Bitget than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 5.0 days of funding at the current rate (+$3 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAGUSDT | 65.230 | 0.0224 | pay 0.0112% / 4h | 3h 17m | $23.0M | $48.1M | 100x |
| Short | Bullet SILVER-USD | 65.144 | 0.0311 | get 0.0039% / 1h | 17m 39s | $45K | $75K | 10x |
Bitget XAGUSDT
Bullet SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Bitget. 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
- $18.28
- Price spread: −0.132% → 0.000%
- −$13.18
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$14.91
- Costs to cover
- 0.200%
- Break-even
- 12.7 days
Slippage unknown: Bitget: live order book, 1 min ago; Bullet: no order-book sample. 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 Bitget live order book, 1 min ago | 0.77 bp | 6.8 bp −$7 | 9.2 bp −$92 | 16.4 bp −$1,640 | 25.8 bp −$12.9K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 65.154 | −0.117% | $12K | $6K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.140 | −0.138% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.220 | −0.015% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.190 | −0.061% | $1.5M | $346K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.064 | −0.255% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0022% | 4h | 65.240 | +0.015% | $138.2M | $189.0M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.207 | −0.036% | $4.6M | $9.9M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.145 | −0.130% | $5.0M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −0.963% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.020 | −0.322% | $782K | $3.0M | 40x | as long as short |
dYdX XAG-USD
SunX XAG-USDT
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-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 65.536 | +0.469% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 65.210 | −0.031% | $446K | $1.5M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.107 | −0.189% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.088 | −0.218% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 65.130 | −0.153% | $5.6M | $10.1M | 25x | as long as short |
| Variational Omni XAG | +0.0065% | 4h | 65.026 | −0.313% | $5.4M | $9.2M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0077% | 8h | 65.207 | −0.035% | $29K | $166 | 5x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0080% | 1h | 65.090 | −0.215% | $1.6M | $1.5M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0087% | 24h | 65.183 | −0.072% | $512K | $35.3M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.166 | −0.098% | $463K | $587K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.170 | −0.092% | $25.1M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.920 | −0.475% | $111K | $19K | 50x | as long as short |
| edgeX XAGUSDC | +0.0103% | 4h | 65.057 | −0.264% | $663K | $315K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0104% | 4h | 65.200 | −0.046% | $112.4M | $160.8M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.159 | −0.109% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0108% | 4h | 65.220 | −0.015% | $198.9M | $793.8M | 100x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 64.979 | −0.385% | $55K | $31K | 25x | as long as short |
| Aster XAGUSDT | +0.0126% | 4h | 65.256 | +0.039% | $2.7M | $1.1M | 100x | as long as short |
| Hotstuff SILVER-PERP | +0.0128% | 1h | 65.171 | −0.090% | $35K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0136% | 1h | 65.169 | −0.094% | $173.8M | $89.1M | 25x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 65.240 | +0.015% | $1.2M | $4.9M | 20x | as long as short |
| Nado XAG-PERP | +0.0166% | 1h | 65.102 | −0.196% | $1.2M | $4.2M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0212% | 8h | 65.220 | −0.015% | $29.1M | $76.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 64.895 | −0.513% | $78K | $37K | 10x | as long as short |
| Bitget XAGUSDTlong | +0.0224% | 4h | 65.230 | long leg | $23.0M | $48.1M | 100x | |
| Lighter XAG | +0.0232% | 1h | 65.192 | −0.059% | $5.2M | $11.3M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.145 | −0.130% | $92K | — | 111x | as long as short |
| Bullet SILVER-USDshort | +0.0311% | 1h | 65.144 | −0.132% | $45K | $75K | 10x | |
| BloFin XAG-USDT | +0.0345% | 4h | 65.070 | −0.245% | $2.8M | $698K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0365% | 1h | 65.130 | −0.153% | $77K | $435K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0376% | 1h | 64.982 | −0.380% | $20K | $15K | 10x | as long as short |
| Bybit XAGUSDT | +0.0382% | 4h | 65.230 | 0.000% | $30.4M | $43.8M | 150x | as long as short |
| GRVT XAG_USDT_Perp | +0.0406% | 4h | 65.100 | −0.199% | $388K | $1.6M | 25x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0418% | 1h | 65.139 | −0.139% | $1.0M | $895K | 25x | as long as short |
Vest SI-PERP
QFEX SILVER-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Variational Omni XAG
Paradex XAG-USD-PERP
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
edgeX XAGUSDC
MEXC SILVER_USDT
Aevo XAG-PERP
Binance XAGUSDT
Phoenix SILVER
Aster XAGUSDT
Hotstuff SILVER-PERP
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Nado XAG-PERP
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Lighter XAG
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
Bybit XAGUSDT
GRVT XAG_USDT_Perp
Kraken Futures PF_XAGUSD