XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.011%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$130.130% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 2 days (all we have)−0.037%−$4 · spread now −0.011%, 7d avg −0.023%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAGUSDT	66.387	0.0093	pay 0.0046% / 4h	1h 07m	$190.5M	$729.0M	100x
Short	MEXC SILVER_USDT	66.380	0.0090	get 0.0045% / 4h	1h 07m	$123.4M	$182.6M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$0.62
Price spread: −0.011% → −0.023%: $1.19
Slippage, 4 orders: −$3.02
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$12.44
Costs to cover: 0.130%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 7 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, 7 min ago	0.75 bp	5.8 bp −$6	5.8 bp −$58	8.8 bp −$877	21.4 bp −$10.7K
Sell MEXC live order book, 7 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	1.2 bp −$119	3.3 bp −$1,674

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
Kraken Futures PF_XAGUSD	−0.0271%	1h	66.345	−0.063%	$768K	$569K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.297	−0.136%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.390	+0.004%	$25.7M	$33.5M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.382	−0.007%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.380	−0.011%	$146.5M	$173.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	+0.004%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.380	−0.011%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.390	+0.004%	$1.5M	$249K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.311	−0.114%	$120K	—	250x	as long as short
QFEX SILVER-USD	+0.0016%	1h	66.370	−0.026%	$124K	$2.8M	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	66.366	−0.032%	$4.8M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.313	−0.111%	$5.5M	$12.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.019%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.340	−0.071%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.815	+0.645%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.346	−0.062%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.312	−0.113%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.290	−0.146%	$5.7M	$10.0M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0054%	1h	66.340	−0.071%	$165.3M	$88.2M	25x	as long as short
Kalshi KXSILVERPERP	+0.0058%	24h	66.339	−0.072%	$588K	$21.4M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	66.338	−0.074%	$35K	$21K	20x	as long as short
BloFin XAG-USDT	+0.0072%	4h	66.340	−0.071%	$2.5M	$848K	100x	as long as short
Phoenix SILVER	+0.0073%	1h	66.292	−0.143%	$56K	$26K	25x	as long as short
Variational Omni XAG	+0.0073%	4h	66.326	−0.092%	$5.5M	$10.5M	—	as long as short
Aster XAGUSDT	+0.0079%	4h	66.370	−0.026%	$2.8M	$1.0M	100x	as long as short
Bitget XAGUSDT	+0.0080%	4h	66.390	+0.004%	$24.0M	$47.9M	100x	as long as short
MEXC SILVER_USDTshort	+0.0090%	4h	66.380	−0.011%	$123.4M	$182.6M	1000x
Binance XAGUSDTlong	+0.0093%	4h	66.387	long leg	$190.5M	$729.0M	100x
Aevo XAG-PERP	+0.0096%	1h	66.376	−0.017%	$48K	—	10x	as long as short
Pacifica XAG	+0.0100%	1h	66.326	−0.092%	$474K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.360	−0.041%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.310	−0.116%	$113K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.220	−0.252%	$1.9M	$861K	20x	as long as short
edgeX XAGUSDC	+0.0105%	4h	66.317	−0.106%	$673K	$314K	30x	as long as short
Paradex XAG-USD-PERP	+0.0117%	8h	66.361	−0.039%	$30K	$1K	5x	as long as short
Aftermath Perps XAGUSD	+0.0131%	1h	66.299	−0.132%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0134%	4h	66.378	−0.013%	$402K	$1.4M	25x	as long as short
Lighter XAG	+0.0136%	1h	66.371	−0.024%	$5.2M	$11.0M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0181%	8h	66.400	+0.019%	$27.4M	$66.5M	50x	as long as short
Hibachi XAG/USDT-P	+0.0200%	1h	66.330	−0.086%	$20K	$22K	10x	as long as short
Nado XAG-PERP	+0.0218%	1h	66.328	−0.090%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0269%	1h	66.394	+0.010%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.385	−0.003%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.360	−0.041%	$51K	$359K	20x	as long as short