After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.033%7d average+0.016%fees + slippage, in and out−$37spread needed0.373%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAGUSD | 66.045 | 0.0389 | pay 0.0049% / 1h | 43m 35s | $780K | $648K | 25x |
| Short | tradeXYZ xyz:SILVER | 66.067 | 0.0050 | get 0.0006% / 1h | 43m 35s | $160.8M | $95.9M | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.27
- Funding while held
- −$10.18
- Slippage, 4 orders
- −$9.3
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$44.2
- Spread needed to break even
- 0.373%
Slippage from Kraken Futures: live order book, 56 min ago; tradeXYZ: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0339%
- Per $10,000 a day
- −$10.18
- Average in range /8h
- —
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, 56 min ago | 3.49 bp | 9.8 bp −$10 | 14.3 bp −$143 | 89.8 bp −$8,985 | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.15 bp | 9.6 bp −$10 | 10.8 bp −$108 | doesn't fit | doesn't fit |
XAG price on every exchange
against the cheapest. Click to use as the short leg.XAG on 43 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.099% | −0.0127% | 1h | $6.2M | $8.5M | 25x | as long as short |
| Phoenix SILVER | −0.073% | +0.0012% | 1h | $56K | $27K | 25x | as long as short |
| dYdX XAG-USD | −0.063% | 0.0000% | 1h | $15K | $997 | 5x | as long as short |
| ApeX Omni XAGUSDT | −0.054% | +0.0100% | 1h | $112K | $189K | 50x | as long as short |
| StandX XAG-USD | −0.054% | +0.0040% | 1h | $698K | $2.5M | 40x | as long as short |
| Aftermath Perps XAGUSD | −0.052% | +0.0154% | 1h | $79K | $40K | 10x | as long as short |
| Nado XAG-PERP | −0.048% | +0.0156% | 1h | $1.3M | $6.4M | 10x | as long as short |
| SoDEX SILVER-USD | −0.038% | +0.0050% | 1h | $4K | $5K | 20x | as long as short |
| gTrade (Gains Network) XAG/USD | −0.038% | L +0.0004% / S −0.0006% | 1h | $119K | — | 250x | as long as short |
| Hibachi XAG/USDT-P | −0.034% | +0.0120% | 1h | $20K | $21K | 10x | as long as short |
Show all 43 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXSILVERPERP | −0.025% | 0.0000% | 24h | $714K | $21.4M | 8.1x | as long as short |
| BloFin XAG-USDT | −0.023% | +0.0129% | 4h | $2.6M | $1.7M | 100x | as long as short |
| Polymarket Perps SILVER-USD | −0.020% | +0.0050% | 1h | $3.9M | $739K | 20x | as long as short |
| Extended XAG-USD | −0.012% | +0.0256% | 1h | $4.8M | $14.4M | 10x | as long as short |
| KuCoin XAGUSDTM | −0.008% | +0.0100% | 4h | $24.6M | $4.3M | 75x | as long as short |
| Pacifica XAG | −0.007% | +0.0100% | 1h | $472K | $722K | 10x | as long as short |
| edgeX XAGUSDC | −0.004% | +0.0077% | 4h | $668K | $320K | 30x | as long as short |
| Kraken Futures PF_XAGUSDlong | 0.000% | +0.0389% | 1h | $780K | $648K | 25x | |
| Coinbase International SILVER-PERP-INTX | +0.007% | +0.0200% | 1h | $1.9M | $1.3M | 20x | as long as short |
| Variational Omni XAG | +0.017% | +0.0065% | 4h | $5.5M | $12.9M | — | as long as short |
| Hotstuff SILVER-PERP | +0.025% | +0.0064% | 1h | $35K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVERshort | +0.033% | +0.0050% | 1h | $160.8M | $95.9M | 25x | |
| SunX XAG-USDT | +0.037% | 0.0000% | 4h | $2K | $3.6M | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.037% | +0.0356% | 1h | $88K | $622K | 20x | as long as short |
| Phemex XAGUSDT | +0.037% | 0.0000% | 4h | $1.5M | $257K | 100x | as long as short |
| Bullet SILVER-USD | +0.039% | +0.0130% | 1h | $44K | $77K | 10x | as long as short |
| Aevo XAG-PERP | +0.040% | +0.0080% | 1h | $47K | — | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | +0.045% | L +0.0249% / S −0.0217% | 1h | $103K | — | 111x | as long as short |
| OKX XAG-USDT-SWAP | +0.052% | +0.0144% | 8h | $27.4M | $69.4M | 50x | as long as short |
| QFEX SILVER-USD | +0.052% | +0.0053% | 1h | $133K | $2.7M | 20x | as long as short |
| MEXC SILVER_USDT | +0.052% | +0.0072% | 4h | $125.4M | $196.6M | 1000x | as long as short |
| Paradex XAG-USD-PERP | +0.054% | +0.0076% | 8h | $30K | $1K | 5x | as long as short |
| Lighter RH XAG | +0.062% | +0.0032% | 1h | $4.6M | $9.0M | 25x | as long as short |
| RISEx XAG/USDC | +0.067% | 0.0000% | 1h | $1.4M | $4.2M | 20x | as long as short |
| Aster XAGUSDT | +0.068% | +0.0059% | 4h | $2.8M | $1.3M | 100x | as long as short |
| Binance XAGUSDT | +0.068% | +0.0074% | 4h | $192.0M | $801.1M | 100x | as long as short |
| Gate XAG_USDT | +0.068% | 0.0000% | 4h | $133.0M | $191.0M | 100x | as long as short |
| Bitget XAGUSDT | +0.068% | +0.0248% | 4h | $23.2M | $50.3M | 100x | as long as short |
| Lighter XAG | +0.073% | +0.0104% | 1h | $5.3M | $10.5M | 25x | as long as short |
| Bybit XAGUSDT | +0.083% | +0.0139% | 4h | $25.0M | $38.5M | 150x | as long as short |
| HTX XAG-USDT | +0.098% | 0.0000% | 4h | $1.1M | $1.1M | 75x | as long as short |
| Injective XAG/USDC PERP | +0.537% | +0.0033% | 1h | $11K | $94K | 52x | as long as short |
| Vest SI-PERP | +0.705% | +0.0046% | 1h | — | — | 25x | as long as short |
Kraken Futures PF_XAGUSD
tradeXYZ xyz:SILVER
Phoenix
ApeX Omni
StandX
SoDEX
gTrade (Gains Network)
BloFin
Polymarket Perps
Extended
KuCoin
Pacifica
Coinbase International
Variational Omni
SunX
Deribit
Phemex
Bullet
GMX
OKX
MEXC
Paradex
Lighter RH
RISEx
Aster
Binance
Gate
Bitget
Lighter
Bybit
HTX
Injective