Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: KuCoin against gTrade (Gains Network)+0.047%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2872.869% of the position
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.047%, 7d avg +0.035%
=The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAG/USD | 66.249 | L +0.0004% / S −0.0006% | pay 0.0000% / 1h | 13m 12s | $120K | — | 250x |
| Short | KuCoin XAGUSDTM | 66.280 | 0.0100 | get 0.0050% / 4h | 2h 13m | $24.5M | $4.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against gTrade (Gains Network). 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
- $20.22
- Price spread: +0.047% → +0.035%
- $1.19
- Slippage, 4 orders
- −$264.86
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$265.45
- Costs to cover
- 2.869%
- Break-even
- 98.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 21 min ago; KuCoin: live order book, 6 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 gTrade (Gains Network) virtual book (oracle venue), 21 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 580.0 bp −$58.0K | 2587.5 bp −$1.29M |
| Sell KuCoin live order book, 6 min ago | 1.51 bp | 8.7 bp −$9 | 16.0 bp −$160 | doesn't fit | doesn't fit |
XAG on 43 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 | 66.296 | +0.071% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.320 | +0.108% | $153.1M | $164.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.330 | +0.123% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.350 | +0.153% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.370 | +0.183% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDlong | L +0.0004% / S −0.0006% | 1h | 66.249 | long leg | $120K | — | 250x | |
| Lighter RH XAG | +0.0032% | 1h | 66.304 | +0.084% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.248 | 0.000% | $5.4M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.228% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.410 | +0.243% | $799K | $2.9M | 40x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.762 | +0.775% | — | — | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0047% | 1h | 66.220 | −0.043% | $5.7M | $9.6M | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.297 | +0.073% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.286 | +0.056% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.247 | −0.003% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.310 | +0.093% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0062% | 24h | 66.304 | +0.083% | $610K | $24.1M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.330 | +0.123% | $1.2M | $4.4M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0099% | 1h | 66.278 | +0.044% | $165.8M | $76.2M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.296 | +0.071% | $472K | $606K | 10x | as long as short |
| KuCoin XAGUSDTMshort | +0.0100% | 4h | 66.280 | +0.047% | $24.5M | $4.5M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.350 | +0.153% | $126K | $23K | 50x | as long as short |
| Hotstuff SILVER-PERP | +0.0112% | 1h | 66.316 | +0.102% | $35K | $21K | 20x | as long as short |
| Bybit XAGUSDT | +0.0131% | 4h | 66.350 | +0.153% | $26.6M | $36.4M | 150x | as long as short |
| Aster XAGUSDT | +0.0132% | 4h | 66.306 | +0.087% | $2.7M | $942K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0137% | 8h | 66.338 | +0.134% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0166% | 4h | 66.373 | +0.187% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.307 | +0.088% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0180% | 4h | 66.320 | +0.108% | $102.7M | $158.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0181% | 4h | 66.335 | +0.130% | $192.1M | $706.8M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.410 | +0.243% | $1.9M | $971K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.315 | +0.101% | $5.3M | $10.6M | 25x | as long as short |
| edgeX XAGUSDC | +0.0197% | 4h | 66.404 | +0.235% | $674K | $315K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0212% | 8h | 66.350 | +0.153% | $28.0M | $65.7M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.320 | +0.108% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0225% | 1h | 66.306 | +0.087% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0237% | 1h | 66.322 | +0.111% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0248% | 4h | 66.330 | +0.123% | $23.9M | $46.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0266% | 4h | 66.378 | +0.195% | $395K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0287% | 1h | 66.329 | +0.121% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.325 | +0.115% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.310 | +0.093% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0463% | 1h | 66.275 | +0.039% | $764K | $478K | 25x | as long as short |
gTrade (Gains Network) XAG/USD
KuCoin XAGUSDTM
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Pacifica XAG
ApeX Omni XAGUSDT
Bybit XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Coinbase International SILVER-PERP-INTX
Lighter XAG
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD