Funding you earn now, next payment 05:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.037%
Price spread now: Coinbase International against Extended+0.149%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.149%, 7d avg +0.014%
=Together, before fees+0.141%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.134% dearer against Extended than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAG-USD | 65.413 | 0.0032 | pay 0.0004% / 1h | 24m 35s | $5.1M | $11.6M | 10x |
| Short | Coinbase International SILVER-PERP-INTX | 65.510 | 0.0176 | get 0.0022% / 1h | 24m 35s | $1.7M | $1.4M | 20x |
Extended XAG-USD
Coinbase International SILVER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $30.24
- Price spread: +0.149% → +0.014%
- $13.42
- Slippage, 4 orders
- −$6.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $22.02
- Costs to cover
- 0.216%
- Break-even
- 1.9 days
Slippage from Extended: live order book, 4 min ago; Coinbase International: 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 Extended live order book, 4 min ago | 0.08 bp | 2.6 bp −$3 | 4.2 bp −$42 | 11.5 bp −$1,153 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.06 bp | 8.1 bp −$8 | 13.4 bp −$134 | 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 | −0.0024% | 1h | 65.360 | −0.081% | $5.6M | $9.4M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.409 | −0.006% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.570 | +0.240% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.600 | +0.286% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.550 | +0.210% | $1.5M | $266K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.524 | +0.170% | $118K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.466 | +0.082% | $1.3M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.473 | +0.092% | $4.7M | $9.5M | 25x | as long as short |
| Extended XAG-USDlong | +0.0032% | 1h | 65.413 | long leg | $5.1M | $11.6M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.509% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.675 | +0.401% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | +0.240% | $789K | $3.0M | 40x | as long as short |
| Gate XAG_USDT | +0.0042% | 4h | 65.470 | +0.088% | $142.1M | $171.8M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.874 | +0.705% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.394 | −0.029% | $3.9M | $711K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.506 | +0.143% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.430 | +0.026% | $154K | $2.8M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.441 | +0.043% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0061% | 1h | 65.428 | +0.023% | $166.2M | $78.3M | 25x | as long as short |
| Bybit XAGUSDT | +0.0068% | 4h | 65.440 | +0.042% | $28.1M | $39.1M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 65.554 | +0.216% | $523K | $28.0M | 8.1x | as long as short |
| Aster XAGUSDT | +0.0093% | 4h | 65.440 | +0.042% | $2.7M | $941K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.413 | 0.000% | $466K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.440 | +0.042% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.330 | −0.127% | $112K | $30K | 50x | as long as short |
| Lighter XAG | +0.0120% | 1h | 65.459 | +0.070% | $5.3M | $11.1M | 25x | as long as short |
| Variational Omni XAG | +0.0129% | 4h | 65.384 | −0.044% | $5.6M | $9.5M | — | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.570 | +0.240% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0139% | 4h | 65.445 | +0.049% | $190.2M | $731.5M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0140% | 4h | 65.460 | +0.072% | $113.5M | $158.3M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0145% | 4h | 65.373 | −0.060% | $665K | $311K | 30x | as long as short |
| Nado XAG-PERP | +0.0146% | 1h | 65.420 | +0.011% | $1.3M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0176% | 1h | 65.510 | +0.149% | $1.7M | $1.4M | 20x | |
| Hotstuff SILVER-PERP | +0.0184% | 1h | 65.432 | +0.029% | $35K | $21K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 65.406 | −0.010% | $386K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.560 | +0.225% | $66K | $370K | 20x | as long as short |
| Bitget XAGUSDT | +0.0208% | 4h | 65.430 | +0.026% | $23.2M | $47.7M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0215% | 8h | 65.430 | +0.026% | $27.5M | $69.5M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0216% | 1h | 65.559 | +0.224% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0229% | 1h | 65.584 | +0.262% | $43K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0336% | 1h | 65.525 | +0.172% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0358% / S −0.0317% | 1h | 65.585 | +0.263% | $87K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0381% | 4h | 65.510 | +0.149% | $2.6M | $624K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0470% | 1h | 65.563 | +0.229% | $916K | $749K | 25x | as long as short |
Phoenix SILVER
StandX XAG-USD
Gate XAG_USDT
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Kalshi KXSILVERPERP
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Variational Omni XAG
Aevo XAG-PERP
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Nado XAG-PERP
Hotstuff SILVER-PERP
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD