XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.94 per $10,000 · paid last 24h −0.061%

Price spread now: SunX against Bitget−0.015%50s7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as 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−$820.822% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.015%, 7d avg +0.011%

Together, before fees+0.058%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.026% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.94 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAGUSDT	65.140	0.0188	pay 0.0094% / 4h	3h 47m	$23.3M	$45.1M	100x
Short	SunX XAG-USDT	65.130	0	get 0.0000% / 4h	3h 47m	$2K	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$39.48
Price spread: −0.015% → +0.011%: −$2.64
Slippage, 4 orders: −$62.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$124.29
Costs to cover: 0.822%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; SunX: live order book, 10 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	0.77 bp	7.5 bp −$7	9.2 bp −$92	16.9 bp −$1,692	43.0 bp −$21.5K
Sell SunX live order book, 10 min ago	29.97 bp	34.0 bp −$34	63.3 bp −$633	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	65.046	−0.144%	$12K	$5K	5x	as long as short
SunX XAG-USDTshort	0.0000%	4h	65.130	−0.015%	$2K	$2.4M	20x
HTX XAG-USDT	0.0000%	4h	65.160	+0.031%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.120	−0.031%	$1.5M	$291K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.070	−0.107%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0022%	4h	65.154	+0.022%	$5.4M	$9.1M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.110	−0.045%	$4.6M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.048	−0.141%	$4.9M	$11.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.934%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.070	−0.107%	$783K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	65.533	+0.603%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.130	−0.015%	$174K	$1.4M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.068	−0.111%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.044	−0.147%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.020	−0.184%	$5.6M	$9.8M	25x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	65.107	−0.051%	$29K	$166	5x	as long as short
MEXC SILVER_USDT	+0.0060%	4h	65.140	0.000%	$125.0M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0062%	4h	65.142	+0.003%	$193.6M	$762.3M	100x	as long as short
edgeX XAGUSDC	+0.0065%	4h	65.127	−0.020%	$663K	$314K	30x	as long as short
Aster XAGUSDT	+0.0071%	4h	65.120	−0.031%	$2.6M	$997K	100x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.109	−0.047%	$47K	—	10x	as long as short
Bybit XAGUSDT	+0.0072%	4h	65.150	+0.015%	$27.4M	$39.2M	150x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	65.010	−0.200%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0082%	24h	65.098	−0.064%	$480K	$33.4M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0096%	1h	65.075	−0.100%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.068	−0.111%	$463K	$592K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.090	−0.077%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.050	−0.138%	$111K	$19K	50x	as long as short
Gate XAG_USDT	+0.0110%	4h	65.150	+0.015%	$139.9M	$179.4M	100x	as long as short
Phoenix SILVER	+0.0111%	1h	65.067	−0.112%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0151%	1h	65.108	−0.049%	$174.0M	$85.9M	25x	as long as short
Nado XAG-PERP	+0.0152%	1h	65.055	−0.130%	$1.2M	$4.6M	10x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.121	−0.029%	$1.3M	$4.9M	20x	as long as short
Bitget XAGUSDTlong	+0.0188%	4h	65.140	long leg	$23.3M	$45.1M	100x
OKX XAG-USDT-SWAP	+0.0190%	8h	65.160	+0.031%	$28.6M	$72.3M	50x	as long as short
Aftermath Perps XAGUSD	+0.0206%	1h	65.074	−0.101%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0211%	1h	65.090	−0.077%	$77K	$417K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.125	−0.023%	$92K	—	111x	as long as short
BloFin XAG-USDT	+0.0241%	4h	65.130	−0.015%	$2.7M	$631K	100x	as long as short
Lighter XAG	+0.0248%	1h	65.109	−0.047%	$5.3M	$10.8M	25x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	65.070	−0.107%	$20K	$15K	10x	as long as short
Bullet SILVER-USD	+0.0323%	1h	65.148	+0.012%	$45K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0396%	4h	65.138	−0.003%	$391K	$1.6M	25x	as long as short
Kraken Futures PF_XAGUSD	+0.0418%	1h	65.094	−0.071%	$1.0M	$868K	25x	as long as short