XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.031%

Price spread now: Binance against Bitget−0.019%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$260.265% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 2 days (all we have)+0.022%+$2 · spread now −0.019%, 7d avg −0.001%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAGUSDT	66.750	0.0162	pay 0.0081% / 4h	1m 05s	$24.9M	$48.4M	100x
Short	Binance XAGUSDT	66.737	0.0110	get 0.0055% / 4h	1m 05s	$192.1M	$725.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.019%Rate

Funding earned: −$10.95
Price spread: −0.019% → −0.001%: −$1.84
Slippage, 4 orders: −$4.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$39.25
Costs to cover: 0.265%
Break-even: never at this rate

Slippage from Bitget: live order book, 8 min ago; Binance: live order book, 13 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 Bitget live order book, 8 min ago	0.75 bp	6.8 bp −$7	9.5 bp −$95	19.5 bp −$1,947	49.0 bp −$24.5K
Sell Binance live order book, 13 min ago	0.75 bp	5.8 bp −$6	5.8 bp −$58	8.3 bp −$827	18.2 bp −$9,100

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	66.615	−0.202%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.750	0.000%	$26.5M	$34.8M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.740	−0.015%	$155.9M	$176.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.730	−0.030%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.740	−0.015%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.740	−0.015%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.677	−0.109%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.719	−0.046%	$4.8M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.675	−0.112%	$5.4M	$12.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.524%	$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
Phoenix SILVER	+0.0036%	1h	66.555	−0.292%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.650	−0.150%	$798K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.165	+0.622%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.685	−0.097%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.676	−0.111%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.580	−0.255%	$5.7M	$9.9M	25x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.669	−0.121%	$553K	$21.6M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.690	−0.090%	$125K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0064%	1h	66.698	−0.078%	$166.2M	$86.9M	25x	as long as short
Hotstuff SILVER-PERP	+0.0080%	1h	66.651	−0.148%	$35K	$21K	20x	as long as short
Variational Omni XAG	+0.0090%	4h	66.706	−0.066%	$5.6M	$10.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0097%	8h	66.693	−0.085%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.662	−0.132%	$482K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.700	−0.075%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.620	−0.195%	$127K	$26K	50x	as long as short
Lighter XAG	+0.0104%	1h	66.719	−0.047%	$5.4M	$10.7M	25x	as long as short
Aster XAGUSDT	+0.0106%	4h	66.720	−0.045%	$2.8M	$1.1M	100x	as long as short
Binance XAGUSDTshort	+0.0110%	4h	66.737	−0.019%	$192.1M	$725.6M	100x
MEXC SILVER_USDT	+0.0110%	4h	66.730	−0.030%	$116.3M	$155.4M	1000x	as long as short
Aevo XAG-PERP	+0.0112%	1h	66.721	−0.043%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0114%	4h	66.676	−0.110%	$677K	$315K	30x	as long as short
BloFin XAG-USDT	+0.0154%	4h	66.690	−0.090%	$2.6M	$669K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.640	−0.165%	$1.9M	$932K	20x	as long as short
Bitget XAGUSDTlong	+0.0162%	4h	66.750	long leg	$24.9M	$48.4M	100x
GRVT XAG_USDT_Perp	+0.0170%	4h	66.600	−0.225%	$400K	$1.5M	25x	as long as short
Aftermath Perps XAGUSD	+0.0171%	1h	66.607	−0.214%	$80K	$40K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0192%	8h	66.740	−0.015%	$28.2M	$67.6M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.720	−0.045%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0234%	1h	66.731	−0.028%	$45K	$76K	10x	as long as short
Nado XAG-PERP	+0.0241%	1h	66.673	−0.115%	$1.3M	$6.6M	10x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	66.627	−0.185%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.735	−0.022%	$104K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0350%	1h	66.730	−0.030%	$50K	$351K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0594%	1h	66.701	−0.074%	$767K	$593K	25x	as long as short