XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.69 per $10,000 · paid last 24h −0.023%

Price spread now: Phemex against Aster+0.054%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.329% of the position

Long on Aster Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.054%, 7d avg +0.036%

Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.334	0.0139	pay 0.0069% / 4h	2h 01m	$2.7M	$934K	100x
Short	Phemex XAGUSDT	66.370	0	get 0.0000% / 4h	2h 01m	$1.5M	$250K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Aster. 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 AsterbpFee PhemexbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$29.13
Price spread: +0.054% → +0.036%: $1.76
Slippage, 4 orders: −$12.9
Fee Aster: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$60.27
Costs to cover: 0.329%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Phemex: live order book, 1 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 Aster live order book, 2 min ago	0.75 bp	4.8 bp −$5	6.5 bp −$65	16.2 bp −$1,615	doesn't fit
Sell Phemex live order book, 1 min ago	0.75 bp	11.2 bp −$11	16.6 bp −$166	doesn't fit	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	66.300	−0.052%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.340	+0.009%	$151.9M	$166.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	+0.084%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.400	+0.099%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDTshort	0.0000%	4h	66.370	+0.054%	$1.5M	$250K	100x
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.318	−0.024%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.317	−0.026%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.261	−0.110%	$5.3M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.099%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.350	+0.024%	$798K	$2.9M	40x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0042%	1h	66.220	−0.172%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.807	+0.713%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.266	−0.103%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.349	+0.022%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.300	−0.051%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.330	−0.006%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.323	−0.017%	$550K	$24.4M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.335	+0.001%	$1.2M	$4.4M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0099%	1h	66.292	−0.064%	$165.9M	$75.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.277	−0.086%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.280	−0.082%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.270	−0.097%	$113K	$30K	50x	as long as short
Hotstuff SILVER-PERP	+0.0104%	1h	66.292	−0.064%	$35K	$21K	20x	as long as short
Paradex XAG-USD-PERP	+0.0139%	8h	66.323	−0.017%	$30K	$1K	5x	as long as short
Aster XAGUSDTlong	+0.0139%	4h	66.334	long leg	$2.7M	$934K	100x
Bybit XAGUSDT	+0.0149%	4h	66.350	+0.024%	$26.7M	$36.5M	150x	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.382	+0.073%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0170%	4h	66.313	−0.031%	$5.5M	$9.8M	—	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.280	−0.082%	$1.9M	$970K	20x	as long as short
MEXC SILVER_USDT	+0.0186%	4h	66.330	−0.006%	$111.4M	$159.8M	1000x	as long as short
Binance XAGUSDT	+0.0188%	4h	66.333	−0.001%	$192.3M	$707.1M	100x	as long as short
edgeX XAGUSDC	+0.0190%	4h	66.322	−0.019%	$673K	$315K	30x	as long as short
Lighter XAG	+0.0192%	1h	66.324	−0.016%	$5.3M	$10.7M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	66.330	−0.006%	$27.8M	$65.7M	50x	as long as short
Nado XAG-PERP	+0.0217%	1h	66.327	−0.011%	$1.3M	$6.6M	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.276	−0.088%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0238%	1h	66.299	−0.053%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0252%	4h	66.330	−0.006%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0274%	4h	66.382	+0.071%	$399K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0288%	1h	66.396	+0.093%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0326% / S −0.0334%	1h	66.395	+0.092%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.360	+0.039%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.352	+0.027%	$765K	$478K	25x	as long as short