XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.034%

Price spread now: KuCoin against Bitget−0.060%7-day average −0.070% · you buy dearer than you sell

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

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

costs, in and out, $10k−$320.322% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.060%, 7d avg −0.070%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.070%, 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	Bitget XAGUSDT	66.160	0.0240	pay 0.0120% / 4h	1h 07m	$23.8M	$45.7M	100x
Short	KuCoin XAGUSDTM	66.120	0.0100	get 0.0050% / 4h	1h 07m	$24.5M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$29.4
Price spread: −0.060% → −0.070%: $1
Slippage, 4 orders: −$8.19
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$60.59
Costs to cover: 0.322%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 11 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, 1 min ago	0.75 bp	7.7 bp −$8	9.8 bp −$98	18.0 bp −$1,803	46.0 bp −$23.0K
Sell KuCoin live order book, 11 min ago	1.51 bp	8.6 bp −$9	15.5 bp −$155	doesn't fit	doesn't fit

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	66.142	−0.027%	$15K	—	5x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.145	−0.023%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.170	+0.015%	$149.8M	$165.1M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.230	+0.106%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.250	+0.136%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.220	+0.091%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.159	−0.001%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.147	−0.020%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.090	−0.106%	$5.2M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.363%	$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	66.180	+0.030%	$796K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.605	+0.673%	—	—	25x	as long as short
Ondo Perps XAG-USD.P	+0.0048%	1h	66.080	−0.121%	$5.7M	$9.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.122	−0.057%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.147	−0.020%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.150	−0.015%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0066%	24h	66.156	−0.006%	$545K	$24.8M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.141	−0.029%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0094%	1h	66.124	−0.054%	$165.4M	$73.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.103	−0.086%	$470K	$612K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	66.120	−0.060%	$24.5M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.150	−0.015%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0125%	4h	66.159	−0.002%	$2.7M	$877K	100x	as long as short
Paradex XAG-USD-PERP	+0.0127%	8h	66.150	−0.015%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0128%	4h	66.180	+0.030%	$26.9M	$36.1M	150x	as long as short
BloFin XAG-USDT	+0.0134%	4h	66.210	+0.076%	$2.6M	$552K	100x	as long as short
Variational Omni XAG	+0.0174%	4h	66.172	+0.018%	$5.6M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.216	+0.084%	$48K	—	10x	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.157	−0.005%	$1.3M	$4.4M	20x	as long as short
Lighter XAG	+0.0184%	1h	66.148	−0.018%	$5.2M	$10.6M	25x	as long as short
MEXC SILVER_USDT	+0.0190%	4h	66.150	−0.015%	$106.4M	$154.1M	1000x	as long as short
Binance XAGUSDT	+0.0190%	4h	66.150	−0.015%	$191.8M	$705.6M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.180	+0.030%	$1.8M	$1.0M	20x	as long as short
edgeX XAGUSDC	+0.0200%	4h	66.201	+0.061%	$672K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.160	0.000%	$27.7M	$65.9M	50x	as long as short
Nado XAG-PERP	+0.0223%	1h	66.111	−0.075%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0226%	1h	66.191	+0.046%	$80K	$37K	10x	as long as short
Bitget XAGUSDTlong	+0.0240%	4h	66.160	long leg	$23.8M	$45.7M	100x
GRVT XAG_USDT_Perp	+0.0256%	4h	66.200	+0.060%	$397K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0272%	1h	66.234	+0.112%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.170	+0.015%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.200	+0.060%	$57K	$329K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0359% / S −0.0385%	1h	66.225	+0.098%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.191	+0.046%	$913K	$674K	25x	as long as short