Funding you earn now, next payment 03:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: Bullet against RISEx−0.041%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. Bullet is 0.041% cheaper against RISEx than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAG/USDC | 66.390 | 0.0181 | pay 0.0023% / 1h | 24m 32s | $1.3M | $4.5M | 20x |
| Short | Bullet SILVER-USD | 66.363 | 0.0280 | get 0.0035% / 1h | 24m 32s | $46K | $75K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against RISEx. 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
- $20.6
- Price spread: −0.041% → 0.000%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $2.51
- Costs to cover
- 0.140%
- Break-even
- 6.1 days
Slippage unknown: RISEx: live order book, 4 min ago; Bullet: 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 RISEx live order book, 4 min ago | 0.75 bp | 3.8 bp −$4 | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | 66.272 | −0.178% | $15K | — | 5x | as long as short |
| Hotstuff SILVER-PERP | 0.0000% | 1h | 66.341 | −0.074% | $35K | $21K | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.390 | 0.000% | $150.4M | $164.3M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.350 | −0.061% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.390 | 0.000% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.390 | 0.000% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.296 | −0.143% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.356 | −0.052% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.311 | −0.119% | $5.3M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.015% | $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 | 66.310 | −0.121% | $798K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.793 | +0.607% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.331 | −0.089% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.296 | −0.142% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.260 | −0.196% | $5.7M | $9.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.370 | −0.030% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0065% | 24h | 66.311 | −0.119% | $536K | $24.6M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.308 | −0.124% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0097% | 1h | 66.340 | −0.076% | $166.1M | $73.4M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.323 | −0.101% | $472K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.330 | −0.091% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.280 | −0.166% | $113K | $30K | 50x | as long as short |
| Paradex XAG-USD-PERP | +0.0134% | 8h | 66.366 | −0.037% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0136% | 4h | 66.378 | −0.018% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0154% | 4h | 66.410 | +0.030% | $26.9M | $36.1M | 150x | as long as short |
| BloFin XAG-USDT | +0.0175% | 4h | 66.340 | −0.076% | $2.6M | $553K | 100x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.359 | −0.047% | $48K | — | 10x | as long as short |
| RISEx XAG/USDClong | +0.0181% | 1h | 66.390 | long leg | $1.3M | $4.5M | 20x | |
| Variational Omni XAG | +0.0184% | 4h | 66.321 | −0.104% | $5.6M | $9.8M | — | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.367 | −0.035% | $5.3M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.350 | −0.061% | $1.9M | $988K | 20x | as long as short |
| MEXC SILVER_USDT | +0.0196% | 4h | 66.370 | −0.030% | $105.4M | $153.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0196% | 4h | 66.391 | +0.001% | $192.3M | $705.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0204% | 4h | 66.323 | −0.101% | $673K | $313K | 30x | as long as short |
| Nado XAG-PERP | +0.0211% | 1h | 66.333 | −0.085% | $1.3M | $6.6M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.390 | 0.000% | $27.8M | $65.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0234% | 1h | 66.277 | −0.171% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0246% | 4h | 66.380 | −0.015% | $23.8M | $45.8M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0268% | 4h | 66.347 | −0.065% | $402K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.270 | −0.181% | $20K | $19K | 10x | as long as short |
| Bullet SILVER-USDshort | +0.0280% | 1h | 66.363 | −0.041% | $46K | $75K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0351% / S −0.0372% | 1h | 66.365 | −0.038% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.350 | −0.061% | $50K | $322K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0549% | 1h | 66.333 | −0.086% | $915K | $671K | 25x | as long as short |
RISEx XAG/USDC
Bullet SILVER-USD
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
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
BloFin XAG-USDT
Variational Omni XAG
Lighter XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD