Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +17.9% APRnext payment +$0.20 per $10,000 · paid last 24h +0.068%
Price spread now: Deribit against Vest−0.621%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Deribit is 0.621% cheaper against Vest than usual: you would sell low and buy high (spread −0.621% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$62 on $10k: about 13 days of funding at the current rate (+$5 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 | Vest SI-PERP | 65.748 | 0.0046 | pay 0.0006% / 1h | 33m 34s | — | — | 25x |
| Short | Deribit SILVER_USDC-PERPETUAL | 65.340 | 0.0209 | get 0.0026% / 1h | 33m 34s | $65K | $390K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Vest. 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
- $34.37
- Price spread: −0.621% → 0.000%
- −$62.06
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$36.68
- Costs to cover
- 0.090%
- Break-even
- 14.5 days
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 5 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 Vest no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 5 min ago | 0.76 bp | 4.3 bp −$4 | 4.6 bp −$46 | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0056% | 1h | 65.295 | −0.689% | $35K | $21K | 20x | as long as short |
| Ondo Perps XAG-USD.P | −0.0041% | 1h | 65.240 | −0.773% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.297 | −0.686% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.340 | −0.621% | $27.8M | $39.4M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.340 | −0.621% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.390 | −0.545% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.340 | −0.621% | $1.5M | $281K | 100x | as long as short |
| Variational Omni XAG | 0.0000% | 4h | 65.332 | −0.632% | $5.5M | $9.1M | — | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.298 | −0.684% | $118K | — | 250x | as long as short |
| Aster XAGUSDT | +0.0024% | 4h | 65.340 | −0.621% | $2.7M | $928K | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SILVER_USDT | +0.0026% | 4h | 65.320 | −0.651% | $118.6M | $157.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0027% | 4h | 65.330 | −0.635% | $191.7M | $753.6M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.330 | −0.635% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.273 | −0.723% | $5.1M | $11.6M | 10x | as long as short |
| edgeX XAGUSDC | +0.0032% | 4h | 65.342 | −0.618% | $665K | $313K | 30x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.992% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0034% | 4h | 65.340 | −0.621% | $140.8M | $178.2M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | −0.605% | $786K | $2.9M | 40x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.330 | −0.636% | $157K | $1.4M | 20x | as long as short |
| Vest SI-PERPlong | +0.0046% | 1h | 65.748 | long leg | — | — | 25x | |
| Aevo XAG-PERP | +0.0048% | 1h | 65.341 | −0.620% | $47K | — | 10x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.289 | −0.698% | $169.7M | $81.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.296 | −0.687% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.290 | −0.697% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.310 | −0.666% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.316 | −0.657% | $56K | $31K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.329 | −0.637% | $530K | $31.8M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.300 | −0.681% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.271 | −0.726% | $464K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.290 | −0.697% | $25.3M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.310 | −0.666% | $112K | $19K | 50x | as long as short |
| BloFin XAG-USDT | +0.0111% | 4h | 65.360 | −0.590% | $2.7M | $575K | 100x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.337 | −0.626% | $1.2M | $4.8M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0130% | 4h | 65.372 | −0.572% | $384K | $1.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0152% | 4h | 65.330 | −0.636% | $23.2M | $44.7M | 100x | as long as short |
| Nado XAG-PERP | +0.0159% | 1h | 65.286 | −0.703% | $1.2M | $4.7M | 10x | as long as short |
| Lighter XAG | +0.0160% | 1h | 65.332 | −0.633% | $5.3M | $11.1M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0166% | 8h | 65.340 | −0.621% | $28.2M | $69.8M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0182% | 1h | 65.330 | −0.635% | $79K | $37K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0184% | 1h | 65.313 | −0.662% | $20K | $17K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUALshort | +0.0209% | 1h | 65.340 | −0.621% | $65K | $390K | 20x | |
| Bullet SILVER-USD | +0.0220% | 1h | 65.359 | −0.591% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.345 | −0.613% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.320 | −0.651% | $1.0M | $868K | 25x | as long as short |
Deribit SILVER_USDC-PERPETUAL
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Variational Omni XAG
gTrade (Gains Network) XAG/USD
Aster XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
Lighter RH XAG
Extended XAG-USD
edgeX XAGUSDC
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Lighter XAG
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD