After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.076%7d average−0.019%fees + slippage, in and out−$30spread needed0.303%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SILVER-USD | 66.200 | 0.0040 | pay 0.0005% / 1h | 26m 26s | $145K | $2.8M | 20x |
| Short | Coinbase International SILVER-PERP-INTX | 66.150 | 0.0224 | get 0.0028% / 1h | 26m 26s | $1.8M | $1.1M | 20x |
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
- −$7.55
- Funding while held
- $5.52
- Slippage, 4 orders
- −$10.3
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$32.33
- Spread needed to break even
- 0.303%
Slippage from QFEX: live order book, 3 min ago; Coinbase International: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0184%
- Per $10,000 a day
- +$5.52
- 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 QFEX live order book, 3 min ago | 2.27 bp | 7.3 bp −$7 | 7.3 bp −$73 | 8.1 bp −$813 | 11.4 bp −$5,716 |
| Sell Coinbase International live order book, 4 min ago | 1.51 bp | 8.0 bp −$8 | 9.8 bp −$98 | 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 | −0.121% | −0.0049% | 1h | $6.1M | $7.8M | 25x | as long as short |
| dYdX XAG-USD | −0.103% | 0.0000% | 1h | $15K | $997 | 5x | as long as short |
| Phoenix SILVER | −0.086% | 0.0000% | 1h | $56K | $26K | 25x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | −0.076% | +0.0224% | 1h | $1.8M | $1.1M | 20x | |
| Aftermath Perps XAGUSD | −0.066% | +0.0106% | 1h | $79K | $39K | 10x | as long as short |
| Kalshi KXSILVERPERP | −0.056% | 0.0000% | 24h | $712K | $18.7M | 8.1x | as long as short |
| SoDEX SILVER-USD | −0.056% | +0.0050% | 1h | $4K | $4K | 20x | as long as short |
| Pacifica XAG | −0.047% | +0.0100% | 1h | $477K | $687K | 10x | as long as short |
| Extended XAG-USD | −0.046% | +0.0064% | 1h | $4.7M | $14.0M | 10x | as long as short |
| ApeX Omni XAGUSDT | −0.045% | +0.0100% | 1h | $113K | $189K | 50x | as long as short |
Show all 43 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.044% | +0.0200% | 1h | $20K | $20K | 10x | as long as short |
| KuCoin XAGUSDTM | −0.030% | +0.0100% | 4h | $24.6M | $3.4M | 75x | as long as short |
| StandX XAG-USD | −0.030% | +0.0040% | 1h | $701K | $1.7M | 40x | as long as short |
| Nado XAG-PERP | −0.029% | +0.0101% | 1h | $1.2M | $6.1M | 10x | as long as short |
| Polymarket Perps SILVER-USD | −0.021% | +0.0050% | 1h | $3.7M | $244K | 20x | as long as short |
| gTrade (Gains Network) XAG/USD | −0.020% | L +0.0004% / S −0.0006% | 1h | $115K | — | 250x | as long as short |
| Kraken Futures PF_XAGUSD | −0.019% | +0.0011% | 1h | $809K | $618K | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.018% | +0.0024% | 1h | $31K | $13K | 20x | as long as short |
| edgeX XAGUSDC | −0.017% | +0.0070% | 4h | $668K | $321K | 30x | as long as short |
| Variational Omni XAG | −0.017% | +0.0055% | 4h | $5.9M | $11.9M | — | as long as short |
| tradeXYZ xyz:SILVER | −0.015% | +0.0050% | 1h | $159.9M | $90.4M | 25x | as long as short |
| QFEX SILVER-USDlong | 0.000% | +0.0040% | 1h | $145K | $2.8M | 20x | |
| BloFin XAG-USDT | 0.000% | +0.0114% | 4h | $2.7M | $1.6M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.011% | +0.0056% | 8h | $30K | $1K | 5x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.015% | +0.0203% | 1h | $88K | $611K | 20x | as long as short |
| Lighter RH XAG | +0.015% | +0.0032% | 1h | $4.5M | $8.5M | 25x | as long as short |
| Lighter XAG | +0.022% | +0.0080% | 1h | $5.4M | $10.1M | 25x | as long as short |
| RISEx XAG/USDC | +0.022% | 0.0000% | 1h | $1.4M | $3.2M | 20x | as long as short |
| Aster XAGUSDT | +0.029% | +0.0011% | 4h | $2.8M | $1.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.030% | +0.0058% | 4h | $115.5M | $176.2M | 1000x | as long as short |
| SunX XAG-USDT | +0.030% | 0.0000% | 4h | $2K | $3.5M | 20x | as long as short |
| Aevo XAG-PERP | +0.034% | +0.0072% | 1h | $48K | — | 10x | as long as short |
| Phemex XAGUSDT | +0.045% | 0.0000% | 4h | $1.5M | $247K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | +0.053% | L +0.0270% / S −0.0273% | 1h | $85K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.056% | +0.0149% | 1h | $45K | $77K | 10x | as long as short |
| Binance XAGUSDT | +0.060% | +0.0061% | 4h | $187.1M | $748.9M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.060% | +0.0129% | 8h | $27.9M | $62.0M | 50x | as long as short |
| Gate XAG_USDT | +0.060% | 0.0000% | 4h | $129.7M | $182.0M | 100x | as long as short |
| Bybit XAGUSDT | +0.076% | +0.0105% | 4h | $24.4M | $35.4M | 150x | as long as short |
| Bitget XAGUSDT | +0.076% | +0.0168% | 4h | $22.9M | $47.3M | 100x | as long as short |
| HTX XAG-USDT | +0.091% | 0.0000% | 4h | $1.0M | $894K | 75x | as long as short |
| Injective XAG/USDC PERP | +0.302% | +0.0033% | 1h | $11K | $218K | 52x | as long as short |
| Vest SI-PERP | +0.705% | +0.0046% | 1h | — | — | 25x | as long as short |
Coinbase International SILVER-PERP-INTX
Phoenix
SoDEX
Pacifica
Extended
ApeX Omni
KuCoin
StandX
Polymarket Perps
gTrade (Gains Network)
Kraken Futures
Variational Omni
tradeXYZ
BloFin
Paradex
Deribit
Lighter RH
Lighter
RISEx
Aster
MEXC
SunX
Phemex
GMX
Bullet
Binance
OKX
Gate
Bybit
Bitget
HTX
Injective