Funding you earn now, next payment 02:00 UTC+0.0417%/8h= +45.6% APRnext payment +$0.52 per $10,000 · paid last 24h +0.071%
Price spread now: Kraken Futures against Vest−0.760%7-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
=Funding pays, the price is against you. Kraken Futures is 0.760% cheaper against Vest than usual: you would sell low and buy high (spread −0.760% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$76 on $10k: about 6.1 days of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SI-PERP | 66.901 | 0.0046 | pay 0.0006% / 1h | 59m 15s | — | — | 25x |
| Short | Kraken Futures PF_XAGUSD | 66.392 | 0.0462 | get 0.0058% / 1h | 59m 15s | $766K | $562K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $87.47
- Price spread: −0.760% → 0.000%
- −$76.02
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$0.56
- Costs to cover
- 0.120%
- Break-even
- 7.0 days
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 9 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 Kraken Futures live order book, 9 min ago | 2.75 bp | 8.6 bp −$9 | 16.6 bp −$166 | 52.0 bp −$5,197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.475 | −0.636% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.430 | −0.704% | $25.5M | $35.8M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.420 | −0.719% | $154.8M | $159.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.410 | −0.734% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.460 | −0.659% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.430 | −0.704% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.355 | −0.817% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.477 | −0.635% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.358 | −0.812% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.749% | $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 | 66.530 | −0.555% | $801K | $2.8M | 40x | as long as short |
| Vest SI-PERPlong | +0.0046% | 1h | 66.901 | long leg | — | — | 25x | |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.518 | −0.572% | $35K | $21K | 20x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.507 | −0.589% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.429 | −0.706% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.339 | −0.840% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.380 | −0.779% | $5.7M | $9.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.470 | −0.644% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.492 | −0.611% | $558K | $22.0M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.496 | −0.605% | $1.2M | $4.2M | 20x | as long as short |
| Aster XAGUSDT | +0.0097% | 4h | 66.455 | −0.667% | $2.8M | $1.0M | 100x | as long as short |
| tradeXYZ xyz:SILVER | +0.0098% | 1h | 66.389 | −0.765% | $165.6M | $85.0M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.484 | −0.623% | $474K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.430 | −0.704% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.530 | −0.555% | $127K | $24K | 50x | as long as short |
| Variational Omni XAG | +0.0108% | 4h | 66.543 | −0.535% | $5.6M | $9.8M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0112% | 8h | 66.511 | −0.582% | $30K | $1K | 5x | as long as short |
| Bullet SILVER-USD | +0.0121% | 1h | 66.440 | −0.689% | $45K | $76K | 10x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.440 | −0.689% | $108.7M | $155.7M | 1000x | as long as short |
| BloFin XAG-USDT | +0.0122% | 4h | 66.590 | −0.465% | $2.6M | $683K | 100x | as long as short |
| edgeX XAGUSDC | +0.0123% | 4h | 66.552 | −0.521% | $675K | $315K | 30x | as long as short |
| Binance XAGUSDT | +0.0124% | 4h | 66.410 | −0.734% | $193.1M | $719.2M | 100x | as long as short |
| Lighter XAG | +0.0128% | 1h | 66.483 | −0.625% | $5.3M | $10.3M | 25x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 66.395 | −0.756% | $48K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.410 | −0.734% | $1.9M | $965K | 20x | as long as short |
| Nado XAG-PERP | +0.0188% | 1h | 66.409 | −0.736% | $1.3M | $6.5M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0193% | 8h | 66.430 | −0.704% | $27.9M | $66.6M | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0194% | 4h | 66.551 | −0.523% | $402K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0196% | 4h | 66.410 | −0.734% | $24.6M | $46.5M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 66.478 | −0.632% | $80K | $39K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0288% | 1h | 66.505 | −0.592% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.415 | −0.726% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.380 | −0.779% | $50K | $331K | 20x | as long as short |
| Kraken Futures PF_XAGUSDshort | +0.0462% | 1h | 66.392 | −0.760% | $766K | $562K | 25x |
Kraken Futures PF_XAGUSD
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
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
Aster XAGUSDT
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Bullet SILVER-USD
MEXC SILVER_USDT
BloFin XAG-USDT
edgeX XAGUSDC
Binance XAGUSDT
Lighter XAG
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL