XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.5% APRnext payment −$0.62 per $10,000 · paid last 24h −0.034%

Price spread now: Gate against Binance+0.030%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 7 days+0.001%$0 · spread now +0.030%, 7d avg +0.014%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, 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	Binance XAGUSDT	66.060	0.0171	pay 0.0086% / 4h	3h 01m	$191.1M	$702.8M	100x
Short	Gate XAG_USDT	66.080	0.0048	get 0.0024% / 4h	3h 01m	$149.7M	$164.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.030%Rate

Funding earned: −$25.86
Price spread: +0.030% → +0.014%: $1.64
Slippage, 4 orders: −$3.31
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$52.54
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Gate: live order book, 3 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 Binance live order book, 13 min ago	0.76 bp	5.8 bp −$6	5.8 bp −$58	8.1 bp −$806	19.4 bp −$9,725
Sell Gate live order book, 3 min ago	0.76 bp	8.5 bp −$9	9.7 bp −$97	11.8 bp −$1,177	14.6 bp −$7,321

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
Ondo Perps XAG-USD.P	−0.0050%	1h	65.940	−0.182%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.108%	$14K	$66	5x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.023	−0.056%	$35K	$21K	20x	as long as short
SunX XAG-USDT	0.0000%	4h	66.070	+0.015%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.090	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.060	0.000%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.000	−0.091%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.050	−0.016%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.000	−0.091%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.515%	$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	66.070	+0.015%	$795K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.483	+0.640%	—	—	25x	as long as short
Gate XAG_USDTshort	+0.0048%	4h	66.080	+0.030%	$149.7M	$164.5M	100x
Polymarket Perps SILVER-USD	+0.0050%	1h	66.027	−0.050%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.997	−0.095%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	66.044	−0.024%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.040	−0.030%	$114K	$2.7M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0060%	1h	66.027	−0.050%	$166.3M	$73.9M	25x	as long as short
Phoenix SILVER	+0.0073%	1h	66.004	−0.085%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.025	−0.053%	$530K	$26.7M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.060	0.000%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.997	−0.096%	$469K	$604K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.030	−0.045%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.030	−0.045%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0108%	4h	66.070	+0.015%	$27.8M	$36.4M	150x	as long as short
Aster XAGUSDT	+0.0119%	4h	66.059	−0.001%	$2.7M	$871K	100x	as long as short
Lighter XAG	+0.0120%	1h	66.053	−0.010%	$5.2M	$10.9M	25x	as long as short
Variational Omni XAG	+0.0164%	4h	66.053	−0.010%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.045	−0.022%	$47K	—	10x	as long as short
Binance XAGUSDTlong	+0.0171%	4h	66.060	long leg	$191.1M	$702.8M	100x
MEXC SILVER_USDT	+0.0172%	4h	66.050	−0.015%	$114.9M	$153.0M	1000x	as long as short
edgeX XAGUSDC	+0.0176%	4h	66.048	−0.017%	$670K	$312K	30x	as long as short
Nado XAG-PERP	+0.0187%	1h	66.018	−0.063%	$1.4M	$5.8M	10x	as long as short
Aftermath Perps XAGUSD	+0.0199%	1h	66.031	−0.044%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.040	−0.030%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.980	−0.121%	$1.8M	$1.0M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0210%	4h	66.073	+0.020%	$395K	$1.5M	25x	as long as short
BloFin XAG-USDT	+0.0221%	4h	66.070	+0.015%	$2.6M	$570K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0223%	8h	66.060	0.000%	$27.8M	$64.5M	50x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.060	0.000%	$23.9M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0237%	1h	66.065	+0.007%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.010	−0.076%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.065	+0.008%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.031	−0.044%	$911K	$685K	25x	as long as short