XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.033%

Price spread now: MEXC against Bitget−0.015%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$160.163% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.023%+$2 · spread now −0.015%, 7d avg −0.014%

Together, before fees−0.035%−$3 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: −$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	66.260	0.0240	pay 0.0120% / 4h	1h 12m	$23.8M	$45.7M	100x
Short	MEXC SILVER_USDT	66.250	0.0190	get 0.0095% / 4h	1h 12m	$106.1M	$153.9M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$10.5
Price spread: −0.015% → −0.014%: −$0.07
Slippage, 4 orders: −$4.27
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$26.84
Costs to cover: 0.163%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 1 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	6.8 bp −$7	8.8 bp −$88	19.4 bp −$1,936	48.6 bp −$24.3K
Sell MEXC live order book, 1 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$75	2.7 bp −$1,371

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	66.212	−0.073%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.270	+0.015%	$150.0M	$164.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.250	−0.015%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.280	+0.030%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.270	+0.015%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.180	−0.121%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.233	−0.040%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.186	−0.111%	$5.2M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.211%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.228	−0.048%	$35K	$21K	20x	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	66.210	−0.075%	$796K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.690	+0.649%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.220	−0.060%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.177	−0.125%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.140	−0.181%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.240	−0.030%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0065%	24h	66.207	−0.080%	$543K	$24.8M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.217	−0.065%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0092%	1h	66.194	−0.100%	$165.9M	$73.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.198	−0.093%	$471K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.210	−0.075%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.270	+0.015%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0126%	8h	66.248	−0.019%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0128%	4h	66.251	−0.014%	$2.7M	$874K	100x	as long as short
Bybit XAGUSDT	+0.0128%	4h	66.280	+0.030%	$26.9M	$36.1M	150x	as long as short
BloFin XAG-USDT	+0.0165%	4h	66.280	+0.030%	$2.6M	$552K	100x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.242	−0.028%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0180%	4h	66.272	+0.018%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.262	+0.003%	$1.3M	$4.4M	20x	as long as short
Lighter XAG	+0.0184%	1h	66.239	−0.031%	$5.2M	$10.5M	25x	as long as short
MEXC SILVER_USDTshort	+0.0190%	4h	66.250	−0.015%	$106.1M	$153.9M	1000x
Binance XAGUSDT	+0.0190%	4h	66.263	+0.005%	$192.0M	$705.7M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.220	−0.060%	$1.8M	$1.0M	20x	as long as short
edgeX XAGUSDC	+0.0202%	4h	66.279	+0.028%	$672K	$315K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	66.260	0.000%	$27.8M	$65.9M	50x	as long as short
Nado XAG-PERP	+0.0219%	1h	66.206	−0.081%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0226%	1h	66.237	−0.034%	$80K	$37K	10x	as long as short
Bitget XAGUSDTlong	+0.0240%	4h	66.260	long leg	$23.8M	$45.7M	100x
GRVT XAG_USDT_Perp	+0.0260%	4h	66.300	+0.060%	$390K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0270%	1h	66.260	−0.001%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0280%	1h	66.220	−0.060%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.230	−0.045%	$50K	$322K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0356% / S −0.0381%	1h	66.255	−0.008%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.221	−0.059%	$914K	$671K	25x	as long as short