Funding you earn now, next payment 08:00 UTC−0.0365%/8h= −39.9% APRnext payment −$0.46 per $10,000 · paid last 24h −0.099%
Price spread now: dYdX against Kraken Futures−0.087%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and dYdX is 0.087% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAGUSD | 65.054 | 0.0365 | pay 0.0046% / 1h | 3m 28s | $1.0M | $869K | 25x |
| Short | dYdX XAG-USD | 64.997 | 0 | get 0.0000% / 1h | 3m 28s | $12K | $5K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Kraken Futures. 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
- −$76.56
- Price spread: −0.087% → 0.000%
- −$8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$105.26
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; dYdX: 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 Kraken Futures live order book, 5 min ago | 2.64 bp | 9.5 bp −$10 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0021% | 1h | 64.970 | −0.128% | $5.6M | $9.9M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0008% | 1h | 65.059 | +0.008% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USDshort | 0.0000% | 1h | 64.997 | −0.087% | $12K | $5K | 5x | |
| Bybit XAGUSDT | 0.0000% | 4h | 65.120 | +0.102% | $27.7M | $39.0M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.080 | +0.041% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.100 | +0.071% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.090 | +0.056% | $1.5M | $281K | 100x | as long as short |
| Variational Omni XAG | +0.0003% | 4h | 65.056 | +0.004% | $5.5M | $9.1M | — | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.031 | −0.035% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0030% | 4h | 65.080 | +0.041% | $140.2M | $182.1M | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.062 | +0.013% | $4.6M | $10.0M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.004 | −0.076% | $5.0M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.070% | $11K | $94K | 52x | as long as short |
| MEXC SILVER_USDT | +0.0036% | 4h | 65.100 | +0.071% | $126.4M | $162.9M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0036% | 4h | 65.076 | +0.034% | $662K | $313K | 30x | as long as short |
| Binance XAGUSDT | +0.0039% | 4h | 65.104 | +0.078% | $191.6M | $756.6M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.080 | +0.041% | $783K | $3.0M | 40x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.090 | +0.056% | $171K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.496 | +0.680% | — | — | 25x | as long as short |
| Aster XAGUSDT | +0.0047% | 4h | 65.070 | +0.025% | $2.6M | $982K | 100x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.060 | +0.010% | $47K | — | 10x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.069 | +0.024% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.006 | −0.073% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 65.062 | +0.014% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.054 | +0.001% | $55K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0075% | 1h | 65.068 | +0.022% | $173.0M | $84.7M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0081% | 24h | 65.038 | −0.024% | $489K | $32.2M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.030 | −0.036% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.020 | −0.052% | $463K | $598K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.050 | −0.005% | $25.2M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.070 | +0.025% | $111K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.104 | +0.078% | $1.3M | $4.9M | 20x | as long as short |
| BloFin XAG-USDT | +0.0141% | 4h | 65.090 | +0.056% | $2.7M | $625K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0144% | 4h | 65.099 | +0.070% | $385K | $1.6M | 25x | as long as short |
| Nado XAG-PERP | +0.0156% | 1h | 65.050 | −0.005% | $1.2M | $4.7M | 10x | as long as short |
| Bitget XAGUSDT | +0.0168% | 4h | 65.120 | +0.102% | $23.2M | $44.9M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0175% | 8h | 65.110 | +0.087% | $28.2M | $70.8M | 50x | as long as short |
| Lighter XAG | +0.0184% | 1h | 65.058 | +0.007% | $5.3M | $11.3M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0199% | 1h | 65.079 | +0.039% | $78K | $37K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 65.020 | −0.052% | $20K | $15K | 10x | as long as short |
| Bullet SILVER-USD | +0.0238% | 1h | 65.109 | +0.085% | $44K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.075 | +0.033% | $92K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSDlong | +0.0365% | 1h | 65.054 | long leg | $1.0M | $869K | 25x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0365% | 1h | 65.060 | +0.010% | $65K | $399K | 20x | as long as short |
Kraken Futures PF_XAGUSD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Variational Omni XAG
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
MEXC SILVER_USDT
edgeX XAGUSDC
Binance XAGUSDT
StandX XAG-USD
Aster XAGUSDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
BloFin XAG-USDT
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Lighter XAG
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL