Funding you earn now, next payment 08:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.57 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against edgeX+0.010%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.010%, 7d avg −0.053%
=Together, before fees−0.049%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.063% dearer against edgeX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.053%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XAGUSDC | 65.953 | 0.0213 | pay 0.0107% / 4h | 3h 39m | $669K | $310K | 30x |
| Short | KuCoin XAGUSDTM | 65.960 | 0.0100 | get 0.0050% / 4h | 3h 39m | $24.5M | $4.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- −$23.83
- Price spread: +0.010% → −0.053%
- $6.31
- Slippage, 4 orders
- −$9.37
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$47.89
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 15 min ago; KuCoin: live order book, 5 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 edgeX live order book, 15 min ago | 2.27 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$920 | 21.1 bp −$10.6K |
| Sell KuCoin live order book, 5 min ago | 1.52 bp | 9.0 bp −$9 | 16.9 bp −$169 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0046% | 1h | 65.880 | −0.111% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.934 | −0.030% | $14K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.000 | +0.071% | $149.5M | $163.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.990 | +0.056% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.020 | +0.101% | $1.0M | $966K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.990 | +0.056% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.930 | −0.035% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.976 | +0.034% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.931 | −0.034% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.677% | $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 | 65.970 | +0.025% | $793K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.408 | +0.690% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.958 | +0.007% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.931 | −0.034% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.952 | −0.002% | $166.0M | $73.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 65.980 | +0.041% | $114K | $2.7M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0072% | 1h | 65.963 | +0.015% | $35K | $21K | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0072% | 24h | 65.954 | +0.001% | $540K | $25.9M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.889 | −0.097% | $56K | $26K | 25x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 65.992 | +0.058% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.924 | −0.045% | $469K | $612K | 10x | as long as short |
| KuCoin XAGUSDTMshort | +0.0100% | 4h | 65.960 | +0.010% | $24.5M | $4.5M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.920 | −0.050% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDT | +0.0109% | 4h | 66.010 | +0.086% | $27.4M | $36.4M | 150x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.982 | +0.043% | $5.2M | $10.6M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0116% | 8h | 65.986 | +0.050% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0137% | 4h | 65.970 | +0.025% | $2.7M | $871K | 100x | as long as short |
| Nado XAG-PERP | +0.0181% | 1h | 65.953 | −0.001% | $1.4M | $6.0M | 10x | as long as short |
| Aevo XAG-PERP | +0.0184% | 1h | 65.978 | +0.038% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0188% | 4h | 65.963 | +0.016% | $5.6M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0202% | 4h | 65.990 | +0.056% | $191.0M | $702.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0202% | 4h | 65.980 | +0.041% | $112.8M | $152.1M | 1000x | as long as short |
| BloFin XAG-USDT | +0.0204% | 4h | 66.000 | +0.071% | $2.6M | $556K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 65.970 | +0.025% | $75K | $363K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0206% | 4h | 65.973 | +0.030% | $394K | $1.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | −0.005% | $1.8M | $1.0M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0213% | 1h | 65.945 | −0.012% | $79K | $36K | 10x | as long as short |
| edgeX XAGUSDClong | +0.0213% | 4h | 65.953 | long leg | $669K | $310K | 30x | |
| OKX XAG-USDT-SWAP | +0.0233% | 8h | 66.000 | +0.071% | $27.7M | $64.8M | 50x | as long as short |
| Bullet SILVER-USD | +0.0234% | 1h | 65.996 | +0.065% | $45K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0242% | 4h | 65.990 | +0.056% | $23.9M | $45.3M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0328% | 1h | 65.930 | −0.036% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 65.995 | +0.063% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 65.958 | +0.007% | $910K | $683K | 25x | as long as short |
edgeX XAGUSDC
KuCoin XAGUSDTM
Gate XAG_USDT
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
Phoenix SILVER
RISEx XAG/USDC
Pacifica XAG
ApeX Omni XAGUSDT
Bybit XAGUSDT
Lighter XAG
Paradex XAG-USD-PERP
Aster XAGUSDT
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
BloFin XAG-USDT
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD