XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.011%

Price spread now: Bybit against BloFin+0.015%102s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as 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−$280.275% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.176%+$18 on $10k

Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.015%, 7d avg −0.004%

Together, before fees+0.086%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you. The two prices were read 102 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	BloFin XAG-USDT	66.040	0.0159	pay 0.0079% / 4h	3h 27m	$2.6M	$562K	100x
Short	Bybit XAGUSDT	66.050	0.0122	get 0.0061% / 4h	3h 27m	$27.7M	$36.6M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$7.81
Price spread: +0.015% → −0.004%: $1.89
Slippage, 4 orders: −$4.54
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$33.46
Costs to cover: 0.275%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Bybit: 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 BloFin live order book, 5 min ago	1.51 bp	7.5 bp −$8	7.5 bp −$75	8.2 bp −$815	12.0 bp −$5,986
Sell Bybit live order book, 1 min ago	0.76 bp	6.3 bp −$6	8.7 bp −$87	16.8 bp −$1,684	59.7 bp −$29.8K

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
Ondo Perps XAG-USD.P	−0.0050%	1h	65.900	−0.212%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.161%	$14K	—	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.020	−0.030%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.050	+0.015%	$1.0M	$965K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.020	−0.030%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.958	−0.124%	$120K	—	250x	as long as short
Gate XAG_USDT	+0.0014%	4h	66.040	0.000%	$149.8M	$163.8M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	66.012	−0.042%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.968	−0.109%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.545%	$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	66.020	−0.030%	$794K	$3.1M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.439	+0.604%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.980	−0.091%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.955	−0.129%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0053%	1h	65.990	−0.076%	$165.9M	$73.8M	25x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	66.016	−0.037%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.010	−0.045%	$114K	$2.7M	20x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	65.996	−0.067%	$35K	$21K	20x	as long as short
Phoenix SILVER	+0.0073%	1h	65.967	−0.111%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	65.983	−0.086%	$528K	$26.1M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.030	−0.015%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.967	−0.111%	$470K	$608K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.990	−0.076%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.970	−0.106%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	66.019	−0.031%	$5.2M	$10.7M	25x	as long as short
Bybit XAGUSDTshort	+0.0122%	4h	66.050	+0.015%	$27.7M	$36.6M	150x
Aster XAGUSDT	+0.0133%	4h	66.030	−0.015%	$2.7M	$871K	100x	as long as short
BloFin XAG-USDTlong	+0.0159%	4h	66.040	long leg	$2.6M	$562K	100x
Nado XAG-PERP	+0.0172%	1h	65.974	−0.099%	$1.4M	$5.8M	10x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.005	−0.053%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0183%	4h	66.023	−0.025%	$5.6M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0192%	4h	66.027	−0.020%	$190.9M	$701.9M	100x	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.030	−0.015%	$114.5M	$152.5M	1000x	as long as short
Aftermath Perps XAGUSD	+0.0202%	1h	65.985	−0.084%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0203%	4h	66.017	−0.034%	$670K	$313K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0204%	4h	66.021	−0.028%	$394K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.000	−0.061%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.136%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0229%	8h	66.030	−0.015%	$27.7M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0230%	1h	66.014	−0.039%	$45K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0234%	4h	66.030	−0.015%	$23.9M	$45.2M	100x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	65.960	−0.121%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.015	−0.038%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.989	−0.078%	$911K	$683K	25x	as long as short