Funding you earn now, next payment 10:00 UTC−0.0245%/8h= −26.8% APRpaid last 24h +0.009%
Price spread now: Coinbase International against BloFin+0.152%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs+$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$250.253% of the position
Funding, last 7 days+0.371%+$37 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.152%, 7d avg −0.041%
=The price spread pays, funding is against you. Coinbase International is 0.194% dearer against BloFin than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.041%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.371%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAG-USDT | 65.590 | 0.0349 | pay 0.0175% / 4h | 1h 45m | $2.7M | $771K | 100x |
| Short | Coinbase International SILVER-PERP-INTX | 65.690 | 0.0104 | get 0.0013% / 1h | 45m 02s | $1.6M | $1.9M | 20x |
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$51.49
- Price spread: +0.152% → −0.041%
- $19.38
- Slippage, 4 orders
- −$3.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$57.4
- Costs to cover
- 0.253%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Coinbase International: live order book, 2 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 BloFin live order book, 6 min ago | 0.76 bp | 6.8 bp −$7 | 6.8 bp −$68 | 8.8 bp −$884 | 16.4 bp −$8,220 |
| Sell Coinbase International live order book, 2 min ago | 0.76 bp | 6.0 bp −$6 | 8.3 bp −$83 | doesn't fit | doesn't fit |
XAG on 44 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −3.2000% | 1h | 65.532 | −0.088% | $36K | $23K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.525 | −0.098% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.640 | +0.076% | $138.4M | $204.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.620 | +0.046% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.630 | +0.061% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.630 | +0.061% | $1.5M | $252K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0001% | 1h | 65.480 | −0.168% | $5.7M | $11.0M | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.566 | −0.036% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.620 | +0.046% | $4.6M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.566 | −0.037% | $5.1M | $11.8M | 10x | as long as short |
Hotstuff SILVER-PERP
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Ondo Perps XAG-USD.P
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.506% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.640 | +0.076% | $790K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.021 | +0.657% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.565 | −0.038% | $3.8M | $893K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.547 | −0.066% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.580 | −0.015% | $446K | $1.4M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 65.549 | −0.062% | $29K | $166 | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0059% | 1h | 65.600 | +0.015% | $174.4M | $94.1M | 25x | as long as short |
| Variational Omni XAG | +0.0081% | 4h | 65.578 | −0.018% | $5.7M | $9.1M | — | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.508 | −0.125% | $466K | $567K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.570 | −0.030% | $25.4M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.620 | +0.046% | $112K | $19K | 50x | as long as short |
| Kalshi KXSILVERPERP | +0.0100% | 24h | 65.543 | −0.072% | $719K | $38.7M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0104% | 1h | 65.690 | +0.152% | $1.6M | $1.9M | 20x | |
| Aster XAGUSDT | +0.0105% | 4h | 65.594 | +0.006% | $2.7M | $1.1M | 100x | as long as short |
| Binance XAGUSDT | +0.0108% | 4h | 65.630 | +0.061% | $191.3M | $864.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0108% | 4h | 65.610 | +0.030% | $121.8M | $163.2M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0112% | 1h | 65.592 | +0.002% | $47K | — | 10x | as long as short |
| RISEx XAG/USDC | +0.0116% | 1h | 65.580 | −0.016% | $1.2M | $4.9M | 20x | as long as short |
| Bybit XAGUSDT | +0.0117% | 4h | 65.640 | +0.076% | $30.6M | $48.2M | 150x | as long as short |
| Phoenix SILVER | +0.0122% | 1h | 65.545 | −0.069% | $55K | $14K | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0130% | 4h | 65.656 | +0.101% | $396K | $1.5M | 25x | as long as short |
| edgeX XAGUSDC | +0.0130% | 4h | 65.649 | +0.089% | $669K | $315K | 30x | as long as short |
| Nado XAG-PERP | +0.0141% | 1h | 65.559 | −0.047% | $1.2M | $3.6M | 10x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.612 | +0.034% | $5.1M | $11.6M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.600 | +0.015% | $77K | $414K | 20x | as long as short |
| Bullet SILVER-USD | +0.0209% | 1h | 65.614 | +0.037% | $44K | $73K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0211% | 8h | 65.630 | +0.061% | $28.0M | $85.7M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0221% | 1h | 65.596 | +0.009% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0240% | 4h | 65.620 | +0.046% | $23.2M | $52.8M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0264% | 1h | 65.607 | +0.026% | $21K | $12K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0270% / S −0.0238% | 1h | 65.615 | +0.038% | $93K | — | 111x | as long as short |
| BloFin XAG-USDTlong | +0.0349% | 4h | 65.590 | long leg | $2.7M | $771K | 100x | |
| Kraken Futures PF_XAGUSD | +0.0548% | 1h | 65.568 | −0.033% | $1.0M | $943K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Variational Omni XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Kalshi KXSILVERPERP
Aster XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
RISEx XAG/USDC
Bybit XAGUSDT
Phoenix SILVER
GRVT XAG_USDT_Perp
edgeX XAGUSDC
Nado XAG-PERP
Lighter XAG
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD