Funding you earn now, next payment 01:00 UTC−0.0312%/8h= −34.1% APRnext payment −$0.39 per $10,000 · paid last 24h −0.075%
Price spread now: StandX against Deribit−0.030%47s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.300% of the position
Funding, last 4 days (all we have)−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.030%, 7d avg −0.017%
=Together, before fees−0.099%+ Points / potential airdropStandX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.090% in total (about -8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SILVER_USDC-PERPETUAL | 66.500 | 0.0352 | pay 0.0044% / 1h | 22m 28s | $50K | $336K | 20x |
| Short | StandX XAG-USD | 66.480 | 0.0040 | get 0.0005% / 1h | 22m 28s | $800K | $2.7M | 40x |
Deribit SILVER_USDC-PERPETUAL
StandX XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Deribit. 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
- −$65.49
- Price spread: −0.030% → −0.017%
- −$1.32
- Slippage, 4 orders
- −$15.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$96.84
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 51 min ago; StandX: live order book, 1 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 Deribit live order book, 51 min ago | 0.75 bp | 5.7 bp −$6 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell StandX live order book, 1 min ago | 3.76 bp | 10.8 bp −$11 | 12.6 bp −$126 | 36.3 bp −$3,631 | 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 | 66.422 | −0.117% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.490 | −0.015% | $25.6M | $35.6M | 150x | as long as short |
| Hotstuff SILVER-PERP | 0.0000% | 1h | 66.485 | −0.023% | $35K | $21K | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.490 | −0.015% | $154.9M | $168.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.530 | +0.045% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.530 | +0.045% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.550 | +0.075% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.419 | −0.122% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.506 | +0.009% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.452 | −0.072% | $5.4M | $12.4M | 10x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
Hotstuff SILVER-PERP
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.150% | $11K | $94K | 52x | as long as short |
| StandX XAG-USDshort | +0.0040% | 1h | 66.480 | −0.030% | $800K | $2.7M | 40x | |
| BloFin XAG-USDT | +0.0045% | 4h | 66.540 | +0.060% | $2.6M | $709K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.932 | +0.650% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.473 | −0.041% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.461 | −0.059% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.446 | −0.081% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.430 | −0.105% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.490 | −0.015% | $115K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0054% | 1h | 66.448 | −0.078% | $165.3M | $84.8M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.411 | −0.134% | $562K | $21.5M | 8.1x | as long as short |
| Aster XAGUSDT | +0.0085% | 4h | 66.502 | +0.003% | $2.8M | $1.1M | 100x | as long as short |
| Variational Omni XAG | +0.0089% | 4h | 66.514 | +0.021% | $5.6M | $9.9M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0099% | 8h | 66.510 | +0.016% | $30K | $1K | 5x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.465 | −0.053% | $474K | $623K | 10x | as long as short |
| MEXC SILVER_USDT | +0.0100% | 4h | 66.490 | −0.015% | $108.4M | $160.4M | 1000x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.470 | −0.045% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.480 | −0.030% | $126K | $24K | 50x | as long as short |
| Binance XAGUSDT | +0.0101% | 4h | 66.492 | −0.012% | $192.5M | $722.3M | 100x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.497 | −0.004% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0112% | 4h | 66.508 | +0.013% | $675K | $314K | 30x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.508 | +0.012% | $5.4M | $10.5M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0138% | 4h | 66.523 | +0.034% | $391K | $1.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.500 | 0.000% | $1.3M | $4.2M | 20x | as long as short |
| Nado XAG-PERP | +0.0170% | 1h | 66.446 | −0.081% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0174% | 4h | 66.500 | 0.000% | $24.5M | $47.9M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.460 | −0.060% | $1.9M | $930K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0190% | 8h | 66.490 | −0.015% | $27.9M | $67.2M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 66.489 | −0.016% | $80K | $39K | 10x | as long as short |
| Bullet SILVER-USD | +0.0228% | 1h | 66.505 | +0.008% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 66.451 | −0.073% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.525 | +0.038% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUALlong | +0.0352% | 1h | 66.500 | long leg | $50K | $336K | 20x | |
| Kraken Futures PF_XAGUSD | +0.0489% | 1h | 66.469 | −0.046% | $764K | $565K | 25x | as long as short |
Injective XAG/USDC PERP
BloFin XAG-USDT
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Aster XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Pacifica XAG
MEXC SILVER_USDT
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
Aevo XAG-PERP
edgeX XAGUSDC
Lighter XAG
GRVT XAG_USDT_Perp
RISEx XAG/USDC
Nado XAG-PERP
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD