XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.010%

Price spread now: Extended against ApeX Omni−0.076%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$420.422% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.103%−$10 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.076%, 7d avg −0.032%

Together, before fees−0.190%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.043% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.032%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAGUSDT	66.330	0.0100	pay 0.0013% / 1h	55m 11s	$113K	$30K	50x
Short	Extended XAG-USD	66.280	0.0032	get 0.0004% / 1h	55m 11s	$5.3M	$12.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee ExtendedbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$14.28
Price spread: −0.076% → −0.032%: −$4.34
Slippage, 4 orders: −$27.22
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$60.83
Costs to cover: 0.422%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 5 min ago; Extended: live order book, 4 min ago.

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 ApeX Omni live order book, 5 min ago	10.56 bp	18.6 bp −$19	53.7 bp −$537	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.08 bp	2.6 bp −$3	3.7 bp −$37	9.0 bp −$895	doesn't fit

XAG on 43 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	66.290	−0.060%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.360	+0.045%	$152.2M	$161.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.360	+0.045%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.390	+0.090%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.400	+0.106%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.285	−0.068%	$121K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0022%	1h	66.250	−0.121%	$5.7M	$9.7M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.353	+0.035%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USDshort	+0.0032%	1h	66.280	−0.076%	$5.3M	$12.2M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.106%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.370	+0.060%	$798K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.788	+0.690%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.307	−0.035%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.318	−0.018%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.269	−0.092%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.340	+0.015%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.307	−0.035%	$543K	$24.5M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.304	−0.039%	$472K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.310	−0.030%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDTlong	+0.0100%	1h	66.330	long leg	$113K	$30K	50x
tradeXYZ xyz:SILVER	+0.0103%	1h	66.316	−0.021%	$166.0M	$75.8M	25x	as long as short
Paradex XAG-USD-PERP	+0.0141%	8h	66.347	+0.026%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0143%	4h	66.350	+0.030%	$2.7M	$943K	100x	as long as short
Bybit XAGUSDT	+0.0146%	4h	66.400	+0.106%	$26.7M	$36.2M	150x	as long as short
Hotstuff SILVER-PERP	+0.0160%	1h	66.308	−0.033%	$35K	$21K	20x	as long as short
Lighter XAG	+0.0168%	1h	66.372	+0.063%	$5.3M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.340	+0.015%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.354	+0.036%	$5.5M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.360	+0.045%	$1.2M	$4.4M	20x	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.380	+0.075%	$111.7M	$151.6M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.330	0.000%	$1.9M	$971K	20x	as long as short
Binance XAGUSDT	+0.0192%	4h	66.379	+0.073%	$192.3M	$706.7M	100x	as long as short
edgeX XAGUSDC	+0.0207%	4h	66.410	+0.120%	$674K	$313K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0217%	8h	66.380	+0.075%	$27.9M	$65.7M	50x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.309	−0.031%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0234%	1h	66.326	−0.007%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0251%	1h	66.307	−0.035%	$1.3M	$6.6M	10x	as long as short
Bitget XAGUSDT	+0.0256%	4h	66.350	+0.030%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0282%	4h	66.410	+0.121%	$399K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0291%	1h	66.363	+0.049%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0329% / S −0.0338%	1h	66.355	+0.038%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0504%	1h	66.330	0.000%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.312	−0.028%	$765K	$478K	25x	as long as short