Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.041%
Price spread now: Vest against Coinbase International+0.686%46s7-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
=The price spread pays, funding is against you. Vest is 0.686% dearer against Coinbase International than usual: you sell high and buy low (spread +0.686% now, against zero (this spread has no 7-day history yet)): +$69 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 45 days. The two prices were read 46 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 | Coinbase International SILVER-PERP-INTX | 65.300 | 0.0096 | pay 0.0012% / 1h | 33m 27s | $1.6M | $1.4M | 20x |
| Short | Vest SI-PERP | 65.748 | 0.0046 | get 0.0006% / 1h | 33m 27s | — | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$10.57
- Price spread: +0.686% → 0.000%
- $68.61
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $46.04
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 5 min ago; Vest: 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 Coinbase International live order book, 5 min ago | 0.77 bp | 7.4 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0056% | 1h | 65.295 | −0.008% | $35K | $21K | 20x | as long as short |
| Ondo Perps XAG-USD.P | −0.0041% | 1h | 65.240 | −0.092% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.297 | −0.005% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.340 | +0.061% | $27.8M | $39.4M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.340 | +0.061% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.390 | +0.138% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.340 | +0.061% | $1.5M | $281K | 100x | as long as short |
| Variational Omni XAG | 0.0000% | 4h | 65.332 | +0.049% | $5.5M | $9.1M | — | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.298 | −0.003% | $118K | — | 250x | as long as short |
| Aster XAGUSDT | +0.0024% | 4h | 65.340 | +0.061% | $2.7M | $928K | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SILVER_USDT | +0.0026% | 4h | 65.320 | +0.031% | $118.6M | $157.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0027% | 4h | 65.330 | +0.046% | $191.7M | $753.6M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.330 | +0.046% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.273 | −0.041% | $5.1M | $11.6M | 10x | as long as short |
| edgeX XAGUSDC | +0.0032% | 4h | 65.342 | +0.064% | $665K | $313K | 30x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.685% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0034% | 4h | 65.340 | +0.061% | $140.8M | $178.2M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | +0.077% | $786K | $2.9M | 40x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.330 | +0.046% | $157K | $1.4M | 20x | as long as short |
| Vest SI-PERPshort | +0.0046% | 1h | 65.748 | +0.686% | — | — | 25x | |
| Aevo XAG-PERP | +0.0048% | 1h | 65.341 | +0.062% | $47K | — | 10x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.289 | −0.017% | $169.7M | $81.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.296 | −0.006% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.290 | −0.015% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.310 | +0.016% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.316 | +0.025% | $56K | $31K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.329 | +0.044% | $530K | $31.8M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTXlong | +0.0096% | 1h | 65.300 | long leg | $1.6M | $1.4M | 20x | |
| Pacifica XAG | +0.0100% | 1h | 65.271 | −0.045% | $464K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.290 | −0.015% | $25.3M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.310 | +0.015% | $112K | $19K | 50x | as long as short |
| BloFin XAG-USDT | +0.0111% | 4h | 65.360 | +0.092% | $2.7M | $575K | 100x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.337 | +0.056% | $1.2M | $4.8M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0130% | 4h | 65.372 | +0.110% | $384K | $1.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0152% | 4h | 65.330 | +0.046% | $23.2M | $44.7M | 100x | as long as short |
| Nado XAG-PERP | +0.0159% | 1h | 65.286 | −0.022% | $1.2M | $4.7M | 10x | as long as short |
| Lighter XAG | +0.0160% | 1h | 65.332 | +0.048% | $5.3M | $11.1M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0166% | 8h | 65.340 | +0.061% | $28.2M | $69.8M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0182% | 1h | 65.330 | +0.046% | $79K | $37K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0184% | 1h | 65.313 | +0.020% | $20K | $17K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.340 | +0.061% | $65K | $390K | 20x | as long as short |
| Bullet SILVER-USD | +0.0220% | 1h | 65.359 | +0.091% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.345 | +0.069% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.320 | +0.030% | $1.0M | $868K | 25x | as long as short |
Coinbase International SILVER-PERP-INTX
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Variational Omni XAG
gTrade (Gains Network) XAG/USD
Aster XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
Lighter RH XAG
Extended XAG-USD
edgeX XAGUSDC
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Lighter XAG
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD