Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.058%
Price spread now: Gate against Bitget−0.015%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.015%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.031% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAGUSDT | 66.430 | 0.0082 | pay 0.0041% / 4h | 1h 06m | $24.1M | $47.9M | 100x |
| Short | Gate XAG_USDT | 66.420 | 0 | get 0.0000% / 4h | 1h 06m | $146.6M | $173.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$17.22
- Price spread: −0.015% → +0.015%
- −$3.05
- Slippage, 4 orders
- −$4.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$51.34
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; Gate: live order book, 3 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 Bitget live order book, 8 min ago | 0.75 bp | 7.8 bp −$8 | 9.1 bp −$91 | 16.3 bp −$1,631 | 37.6 bp −$18.8K |
| Sell Gate live order book, 3 min ago | 0.75 bp | 8.3 bp −$8 | 9.6 bp −$96 | 12.8 bp −$1,277 | 15.0 bp −$7,496 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0271% | 1h | 66.385 | −0.068% | $768K | $569K | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.297 | −0.200% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.430 | 0.000% | $25.7M | $33.5M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.403 | −0.040% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDTshort | 0.0000% | 4h | 66.420 | −0.015% | $146.6M | $173.9M | 100x | |
| SunX XAG-USDT | 0.0000% | 4h | 66.420 | −0.015% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.420 | −0.015% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.410 | −0.030% | $1.5M | $249K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.356 | −0.111% | $120K | — | 250x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.390 | −0.060% | $124K | $2.8M | 20x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 66.408 | −0.034% | $4.8M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.354 | −0.114% | $5.5M | $12.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.045% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.330 | −0.151% | $794K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.841 | +0.619% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.374 | −0.084% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.355 | −0.113% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.300 | −0.196% | $5.7M | $10.0M | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0054% | 1h | 66.382 | −0.072% | $165.4M | $88.2M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0058% | 24h | 66.352 | −0.117% | $588K | $21.4M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.349 | −0.122% | $35K | $21K | 20x | as long as short |
| BloFin XAG-USDT | +0.0072% | 4h | 66.340 | −0.135% | $2.5M | $848K | 100x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.292 | −0.208% | $56K | $26K | 25x | as long as short |
| Variational Omni XAG | +0.0073% | 4h | 66.326 | −0.156% | $5.5M | $10.5M | — | as long as short |
| Aster XAGUSDT | +0.0079% | 4h | 66.410 | −0.030% | $2.8M | $1.0M | 100x | as long as short |
| Bitget XAGUSDTlong | +0.0082% | 4h | 66.430 | long leg | $24.1M | $47.9M | 100x | |
| MEXC SILVER_USDT | +0.0092% | 4h | 66.420 | −0.015% | $123.5M | $182.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0094% | 4h | 66.420 | −0.015% | $190.9M | $729.4M | 100x | as long as short |
| Aevo XAG-PERP | +0.0096% | 1h | 66.409 | −0.031% | $48K | — | 10x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.345 | −0.128% | $475K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.390 | −0.060% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.310 | −0.181% | $113K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.380 | −0.075% | $1.9M | $864K | 20x | as long as short |
| edgeX XAGUSDC | +0.0105% | 4h | 66.317 | −0.170% | $673K | $314K | 30x | as long as short |
| Paradex XAG-USD-PERP | +0.0117% | 8h | 66.382 | −0.073% | $30K | $1K | 5x | as long as short |
| Aftermath Perps XAGUSD | +0.0132% | 1h | 66.309 | −0.183% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0134% | 4h | 66.378 | −0.078% | $402K | $1.4M | 25x | as long as short |
| Lighter XAG | +0.0136% | 1h | 66.412 | −0.028% | $5.2M | $11.0M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0181% | 8h | 66.420 | −0.015% | $27.4M | $66.6M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0200% | 1h | 66.330 | −0.151% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0218% | 1h | 66.355 | −0.112% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0269% | 1h | 66.423 | −0.011% | $46K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0303% / S −0.0300% | 1h | 66.425 | −0.008% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.410 | −0.030% | $51K | $359K | 20x | as long as short |
Bitget XAGUSDT
Gate XAG_USDT
Kraken Futures PF_XAGUSD
Bybit XAGUSDT
RISEx XAG/USDC
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
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
BloFin XAG-USDT
Phoenix SILVER
Variational Omni XAG
Aster XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Paradex XAG-USD-PERP
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Lighter XAG
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL