XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.98 per $10,000 · paid last 24h −0.034%

Price spread now: Gate against BloFin−0.061%108s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as 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−$320.316% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.061%, 7d avg −0.008%

Together, before fees+0.186%+$19 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 Gate is 0.053% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.173%, so the current rate has only just turned against you. The two prices were read 108 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	65.380	0.0224	pay 0.0112% / 4h	1h 05m	$2.6M	$591K	100x
Short	Gate XAG_USDT	65.340	0.0028	get 0.0014% / 4h	1h 05m	$141.0M	$184.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.061%Rate

Funding earned: −$41.26
Price spread: −0.061% → −0.008%: −$5.28
Slippage, 4 orders: −$4.58
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$78.12
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago	0.76 bp	6.8 bp −$7	6.8 bp −$68	8.0 bp −$804	13.5 bp −$6,741
Sell Gate live order book, 4 min ago	0.76 bp	8.3 bp −$8	9.6 bp −$96	11.9 bp −$1,191	15.3 bp −$7,641

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	−0.0076%	1h	65.220	−0.245%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0008%	1h	65.326	−0.083%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.303	−0.118%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.330	−0.076%	$27.8M	$39.5M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.330	−0.076%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.400	+0.031%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.340	−0.061%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.261	−0.182%	$118K	—	250x	as long as short
Gate XAG_USDTshort	+0.0028%	4h	65.340	−0.061%	$141.0M	$184.3M	100x
Variational Omni XAG	+0.0031%	4h	65.344	−0.056%	$5.5M	$9.3M	—	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.325	−0.084%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.262	−0.181%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.560%	$11K	$94K	52x	as long as short
Aster XAGUSDT	+0.0040%	4h	65.329	−0.077%	$2.7M	$975K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.360	−0.031%	$786K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.739	+0.549%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.310	−0.107%	$152K	$1.4M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.292	−0.135%	$3.8M	$854K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.277	−0.158%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.307	−0.112%	$29K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0054%	4h	65.320	−0.092%	$117.2M	$157.9M	1000x	as long as short
Binance XAGUSDT	+0.0056%	4h	65.325	−0.084%	$191.4M	$762.8M	100x	as long as short
edgeX XAGUSDC	+0.0058%	4h	65.376	−0.007%	$665K	$312K	30x	as long as short
tradeXYZ xyz:SILVER	+0.0058%	1h	65.289	−0.139%	$170.2M	$82.9M	25x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.333	−0.073%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.287	−0.142%	$56K	$31K	25x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.313	−0.102%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0078%	24h	65.314	−0.101%	$469K	$31.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.266	−0.174%	$468K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.290	−0.138%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.340	−0.061%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.290	−0.138%	$1.6M	$1.4M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0136%	4h	65.371	−0.013%	$391K	$1.6M	25x	as long as short
Nado XAG-PERP	+0.0148%	1h	65.282	−0.150%	$1.2M	$5.1M	10x	as long as short
Lighter XAG	+0.0160%	1h	65.328	−0.080%	$5.3M	$11.6M	25x	as long as short
Hibachi XAG/USDT-P	+0.0160%	1h	65.300	−0.122%	$20K	$19K	10x	as long as short
Bitget XAGUSDT	+0.0172%	4h	65.320	−0.092%	$23.8M	$46.3M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0183%	8h	65.330	−0.076%	$28.0M	$70.7M	50x	as long as short
Bullet SILVER-USD	+0.0203%	1h	65.330	−0.077%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.330	−0.076%	$65K	$383K	20x	as long as short
Aftermath Perps XAGUSD	+0.0210%	1h	65.333	−0.071%	$79K	$37K	10x	as long as short
BloFin XAG-USDTlong	+0.0224%	4h	65.380	long leg	$2.6M	$591K	100x
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.325	−0.084%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.314	−0.100%	$917K	$748K	25x	as long as short