XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.029%

Price spread now: BloFin against Bitget−0.060%45s7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.301% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.060%, 7d avg +0.009%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.069% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.009%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAGUSDT	66.120	0.0224	pay 0.0112% / 4h	2h 52m	$24.0M	$44.9M	100x
Short	BloFin XAG-USDT	66.080	0.0207	get 0.0103% / 4h	2h 52m	$2.6M	$570K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$3.6
Price spread: −0.060% → +0.009%: −$6.91
Slippage, 4 orders: −$6.06
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$40.56
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago	0.76 bp	6.8 bp −$7	8.8 bp −$88	18.0 bp −$1,799	49.6 bp −$24.8K
Sell BloFin live order book, 6 min ago	2.27 bp	8.3 bp −$8	8.3 bp −$83	11.2 bp −$1,117	17.0 bp −$8,494

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	66.050	−0.106%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.110	−0.015%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.150	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.110	−0.015%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.092	−0.042%	$121K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0006%	1h	65.990	−0.197%	$5.7M	$9.2M	25x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.112	−0.012%	$1.3M	$4.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.098	−0.034%	$4.8M	$9.2M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.044	−0.115%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.423%	$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	66.018	−0.154%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.082	−0.057%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	66.110	−0.015%	$795K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.545	+0.643%	—	—	25x	as long as short
Gate XAG_USDT	+0.0050%	4h	66.150	+0.045%	$149.9M	$153.9M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.081	−0.059%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.048	−0.109%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.090	−0.045%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	66.088	−0.048%	$30K	$1K	5x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.065	−0.083%	$530K	$26.7M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0094%	1h	66.102	−0.027%	$166.6M	$73.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.043	−0.117%	$470K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.080	−0.060%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.000	−0.181%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0112%	4h	66.160	+0.060%	$27.8M	$36.4M	150x	as long as short
Aster XAGUSDT	+0.0115%	4h	66.140	+0.030%	$2.7M	$871K	100x	as long as short
Lighter XAG	+0.0144%	1h	66.096	−0.036%	$5.2M	$10.6M	25x	as long as short
Aevo XAG-PERP	+0.0152%	1h	66.137	+0.026%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0157%	4h	66.083	−0.055%	$5.6M	$9.5M	—	as long as short
MEXC SILVER_USDT	+0.0166%	4h	66.120	0.000%	$116.4M	$151.7M	1000x	as long as short
Binance XAGUSDT	+0.0167%	4h	66.151	+0.047%	$191.4M	$703.0M	100x	as long as short
edgeX XAGUSDC	+0.0170%	4h	66.074	−0.070%	$671K	$310K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.212%	$1.8M	$1.0M	20x	as long as short
Nado XAG-PERP	+0.0186%	1h	66.065	−0.083%	$1.4M	$5.6M	10x	as long as short
Aftermath Perps XAGUSD	+0.0200%	1h	66.041	−0.119%	$79K	$36K	10x	as long as short
BloFin XAG-USDTshort	+0.0207%	4h	66.080	−0.060%	$2.6M	$570K	100x
GRVT XAG_USDT_Perp	+0.0210%	4h	66.063	−0.086%	$395K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0223%	8h	66.150	+0.045%	$27.8M	$64.7M	50x	as long as short
Bitget XAGUSDTlong	+0.0224%	4h	66.120	long leg	$24.0M	$44.9M	100x
Bullet SILVER-USD	+0.0252%	1h	66.148	+0.042%	$44K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0328%	1h	66.076	−0.066%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.100	−0.030%	$75K	$363K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.155	+0.053%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.079	−0.062%	$908K	$688K	25x	as long as short