Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Phoenix+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SILVER | 66.473 | 0.0048 | pay 0.0006% / 1h | 23m 13s | $56K | $26K | 25x |
| Short | ApeX Omni XAGUSDT | 66.480 | 0.0100 | get 0.0013% / 1h | 23m 13s | $126K | $24K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- $10.92
- Price spread: +0.011% → 0.000%
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$5.03
- Costs to cover
- 0.170%
- Break-even
- 10.2 days
Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 47 min ago. 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 47 min ago | 7.51 bp | 20.7 bp −$21 | 50.2 bp −$502 | doesn't fit | doesn't fit |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.422 | −0.077% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.530 | +0.086% | $25.7M | $35.6M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.540 | +0.101% | $155.0M | $168.3M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.530 | +0.086% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.530 | +0.086% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.550 | +0.116% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.450 | −0.035% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.499 | +0.039% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.441 | −0.047% | $5.4M | $12.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.110% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.520 | +0.071% | $800K | $2.7M | 40x | as long as short |
| BloFin XAG-USDT | +0.0045% | 4h | 66.540 | +0.101% | $2.6M | $709K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.918 | +0.669% | — | — | 25x | as long as short |
| Phoenix SILVERlong | +0.0048% | 1h | 66.473 | long leg | $56K | $26K | 25x | |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.453 | −0.030% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.446 | −0.041% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.350 | −0.185% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.460 | −0.020% | $115K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0053% | 1h | 66.489 | +0.024% | $165.4M | $84.8M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.411 | −0.093% | $562K | $21.5M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.419 | −0.081% | $35K | $21K | 20x | as long as short |
| Aster XAGUSDT | +0.0085% | 4h | 66.506 | +0.050% | $2.8M | $1.1M | 100x | as long as short |
| Variational Omni XAG | +0.0089% | 4h | 66.514 | +0.062% | $5.6M | $9.9M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0098% | 8h | 66.445 | −0.041% | $30K | $1K | 5x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.407 | −0.099% | $474K | $623K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.470 | −0.005% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDTshort | +0.0100% | 1h | 66.480 | +0.011% | $126K | $24K | 50x | |
| Binance XAGUSDT | +0.0100% | 4h | 66.540 | +0.101% | $192.6M | $722.7M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0102% | 4h | 66.520 | +0.071% | $108.7M | $160.3M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.497 | +0.037% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0112% | 4h | 66.508 | +0.053% | $675K | $314K | 30x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.504 | +0.047% | $5.4M | $10.5M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0138% | 4h | 66.523 | +0.075% | $391K | $1.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.464 | −0.013% | $1.2M | $4.2M | 20x | as long as short |
| Nado XAG-PERP | +0.0169% | 1h | 66.416 | −0.086% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0172% | 4h | 66.520 | +0.071% | $24.5M | $47.9M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.460 | −0.020% | $1.9M | $930K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0191% | 8h | 66.530 | +0.086% | $27.9M | $67.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 66.468 | −0.007% | $80K | $39K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.480 | +0.011% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0227% | 1h | 66.517 | +0.066% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.525 | +0.078% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.500 | +0.041% | $50K | $336K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0489% | 1h | 66.469 | −0.005% | $764K | $565K | 25x | as long as short |
Phoenix SILVER
ApeX Omni XAGUSDT
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
BloFin XAG-USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Aster XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Pacifica XAG
KuCoin XAGUSDTM
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Lighter XAG
GRVT XAG_USDT_Perp
RISEx XAG/USDC
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD