Funding you earn now, next payment 08:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.054%
Price spread now: HTX against Coinbase International+0.108%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.108%, 7d avg +0.083%
=The price spread pays, funding is against you. HTX is 0.025% dearer against Coinbase International than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.083%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SILVER-PERP-INTX | 64.880 | 0.0080 | pay 0.0010% / 1h | 34m 53s | $1.6M | $1.4M | 20x |
| Short | HTX XAG-USDT | 64.950 | 0 | get 0.0000% / 4h | 3h 34m | $1.1M | $1.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Coinbase International. 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
- −$16.8
- Price spread: +0.108% → +0.083%
- $2.51
- Slippage, 4 orders
- −$12.22
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$48.5
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; HTX: live order book, 4 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 Coinbase International live order book, 4 min ago | 0.77 bp | 6.1 bp −$6 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 4.62 bp | 11.5 bp −$12 | 12.1 bp −$121 | 14.0 bp −$1,403 | doesn't fit |
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 | 64.862 | −0.028% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 64.940 | +0.092% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDTshort | 0.0000% | 4h | 64.950 | +0.108% | $1.1M | $1.3M | 75x | |
| Phemex XAGUSDT | 0.0000% | 4h | 64.940 | +0.092% | $1.4M | $310K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 64.866 | −0.022% | $117K | — | 250x | as long as short |
| Variational Omni XAG | +0.0015% | 4h | 64.904 | +0.037% | $5.3M | $9.1M | — | as long as short |
| Gate XAG_USDT | +0.0024% | 4h | 64.950 | +0.108% | $139.8M | $182.3M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 64.924 | +0.069% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.865 | −0.023% | $5.0M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.343% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 64.890 | +0.015% | $780K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.324 | +0.684% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 64.920 | +0.062% | $445K | $1.5M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0048% | 4h | 64.930 | +0.077% | $121.1M | $158.0M | 1000x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.860 | −0.031% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 64.850 | −0.046% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.860 | −0.031% | $5.6M | $9.9M | 25x | as long as short |
| Binance XAGUSDT | +0.0051% | 4h | 64.930 | +0.077% | $195.9M | $772.0M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0060% | 8h | 64.890 | +0.016% | $29K | $166 | 5x | as long as short |
| edgeX XAGUSDC | +0.0061% | 4h | 64.937 | +0.088% | $661K | $313K | 30x | as long as short |
| Aevo XAG-PERP | +0.0064% | 1h | 64.904 | +0.036% | $47K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0067% | 4h | 64.929 | +0.076% | $2.6M | $995K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTXlong | +0.0080% | 1h | 64.880 | long leg | $1.6M | $1.4M | 20x | |
| Kalshi KXSILVERPERP | +0.0084% | 24h | 64.923 | +0.066% | $485K | $33.8M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0088% | 1h | 64.925 | +0.069% | $35K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 64.852 | −0.043% | $463K | $592K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 64.890 | +0.015% | $25.1M | $4.5M | 75x | as long as short |
| GRVT XAG_USDT_Perp | +0.0100% | 4h | 64.907 | +0.041% | $390K | $1.6M | 25x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.870 | −0.015% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 64.892 | +0.018% | $55K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0135% | 1h | 64.904 | +0.037% | $173.9M | $86.9M | 25x | as long as short |
| Nado XAG-PERP | +0.0156% | 1h | 64.925 | +0.069% | $1.2M | $4.3M | 10x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 64.919 | +0.061% | $1.2M | $4.9M | 20x | as long as short |
| Bitget XAGUSDT | +0.0188% | 4h | 64.940 | +0.092% | $23.3M | $45.8M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0193% | 8h | 64.950 | +0.108% | $28.6M | $72.6M | 50x | as long as short |
| Bybit XAGUSDT | +0.0200% | 4h | 64.950 | +0.108% | $29.1M | $42.1M | 150x | as long as short |
| BloFin XAG-USDT | +0.0205% | 4h | 64.960 | +0.123% | $2.7M | $646K | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0217% | 1h | 64.927 | +0.072% | $78K | $37K | 10x | as long as short |
| Lighter XAG | +0.0224% | 1h | 64.919 | +0.059% | $5.3M | $11.0M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0237% / S −0.0196% | 1h | 64.935 | +0.085% | $92K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0300% | 1h | 64.921 | +0.064% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0336% | 1h | 64.882 | +0.003% | $20K | $15K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0367% | 1h | 64.910 | +0.046% | $76K | $427K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0420% | 1h | 64.911 | +0.048% | $1.0M | $872K | 25x | as long as short |
Coinbase International SILVER-PERP-INTX
HTX XAG-USDT
SunX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
MEXC SILVER_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Binance XAGUSDT
Paradex XAG-USD-PERP
edgeX XAGUSDC
Aster XAGUSDT
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
GRVT XAG_USDT_Perp
ApeX Omni XAGUSDT
Phoenix SILVER
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bybit XAGUSDT
BloFin XAG-USDT
Aftermath Perps XAGUSD
Lighter XAG
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD