Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against MEXC+0.031%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.152% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now +0.031%, 7d avg +0.025%
=The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SILVER_USDT | 65.100 | 0.0034 | pay 0.0017% / 4h | 8m 43s | $125.9M | $162.3M | 1000x |
| Short | Bybit XAGUSDT | 65.120 | 0 | get 0.0000% / 4h | 8m 43s | $27.7M | $39.1M | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$7.14
- Price spread: +0.031% → +0.025%
- $0.61
- Slippage, 4 orders
- −$4.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.71
- Costs to cover
- 0.152%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: 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 MEXC live order book, 5 min ago | 0.77 bp | 0.8 bp −$1 | 0.8 bp −$8 | 0.8 bp −$77 | 2.8 bp −$1,418 |
| Sell Bybit live order book, 5 min ago | 0.77 bp | 6.3 bp −$6 | 8.3 bp −$83 | 17.4 bp −$1,743 | 54.8 bp −$27.4K |
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 | −0.0027% | 1h | 65.040 | −0.092% | $5.7M | $9.8M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.061 | −0.061% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDTshort | 0.0000% | 4h | 65.120 | +0.031% | $27.7M | $39.1M | 150x | |
| Variational Omni XAG | 0.0000% | 4h | 65.227 | +0.195% | $5.5M | $9.1M | — | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.150 | +0.077% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.170 | +0.108% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.150 | +0.077% | $1.5M | $278K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.080 | −0.030% | $118K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0016% | 1h | 65.128 | +0.043% | $35K | $21K | 20x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.140 | +0.061% | $140.3M | $181.5M | 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 | 65.111 | +0.016% | $4.6M | $10.0M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.063 | −0.057% | $5.0M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.997% | $11K | $94K | 52x | as long as short |
| MEXC SILVER_USDTlong | +0.0034% | 4h | 65.100 | long leg | $125.9M | $162.3M | 1000x | |
| Binance XAGUSDT | +0.0034% | 4h | 65.110 | +0.015% | $191.3M | $755.4M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.240 | +0.215% | $785K | $3.0M | 40x | as long as short |
| Aster XAGUSDT | +0.0040% | 4h | 65.118 | +0.028% | $2.7M | $981K | 100x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.150 | +0.077% | $171K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.588 | +0.750% | — | — | 25x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.147 | +0.072% | $47K | — | 10x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.128 | +0.043% | $3.8M | $892K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.088 | −0.018% | $3K | $6K | 20x | as long as short |
| edgeX XAGUSDC | +0.0050% | 4h | 65.251 | +0.232% | $664K | $312K | 30x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.092 | −0.012% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.211 | +0.171% | $56K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0069% | 1h | 65.089 | −0.017% | $173.0M | $84.5M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0080% | 24h | 65.146 | +0.071% | $490K | $32.2M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 64.970 | −0.200% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.058 | −0.064% | $463K | $598K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.090 | −0.015% | $25.2M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.200 | +0.154% | $111K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.158 | +0.089% | $1.3M | $4.9M | 20x | as long as short |
| BloFin XAG-USDT | +0.0138% | 4h | 65.150 | +0.077% | $2.7M | $625K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0144% | 4h | 65.219 | +0.182% | $394K | $1.6M | 25x | as long as short |
| Nado XAG-PERP | +0.0154% | 1h | 65.116 | +0.025% | $1.2M | $4.7M | 10x | as long as short |
| Bitget XAGUSDT | +0.0160% | 4h | 65.130 | +0.046% | $23.2M | $44.8M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0172% | 8h | 65.120 | +0.031% | $28.4M | $70.4M | 50x | as long as short |
| Lighter XAG | +0.0184% | 1h | 65.111 | +0.017% | $5.3M | $11.3M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0192% | 1h | 65.145 | +0.069% | $78K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0211% | 1h | 65.130 | +0.046% | $65K | $397K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 65.173 | +0.111% | $20K | $17K | 10x | as long as short |
| Bullet SILVER-USD | +0.0234% | 1h | 65.159 | +0.091% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.145 | +0.069% | $92K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0364% | 1h | 65.119 | +0.029% | $1.0M | $869K | 25x | as long as short |
MEXC SILVER_USDT
Bybit XAGUSDT
Variational Omni XAG
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Binance XAGUSDT
StandX XAG-USD
Aster XAGUSDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
edgeX XAGUSDC
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
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD