XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.67 per $10,000 · paid last 24h −0.019%

Price spread now: GRVT against BloFin+0.031%342s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$5as 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−$280.282% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.235%+$24 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.031%, 7d avg +0.015%

Together, before fees+0.213%+ Points / potential airdropGRVT: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 342 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	66.570	0.0103	pay 0.0052% / 4h	2h 42m	$2.6M	$624K	100x
Short	GRVT XAG_USDT_Perp	66.591	0.0238	get 0.0119% / 4h	2h 42m	$395K	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.031%Rate

Funding earned: $28.31
Price spread: +0.031% → +0.015%: $1.61
Slippage, 4 orders: −$7.2
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $1.72
Costs to cover: 0.282%
Break-even: 6.6 days

Slippage from BloFin: live order book, 11 min ago; GRVT: 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, 11 min ago	0.75 bp	6.8 bp −$7	7.0 bp −$70	9.0 bp −$904	15.0 bp −$7,504
Sell GRVT live order book, 1 min ago	0.75 bp	8.1 bp −$8	12.3 bp −$123	45.6 bp −$4,562	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
Hotstuff SILVER-PERP	−0.0032%	1h	66.421	−0.224%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.423	−0.221%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.470	−0.150%	$154.5M	$161.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.550	−0.030%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.600	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.520	−0.075%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.412	−0.237%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.442	−0.193%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.399	−0.257%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.255%	$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	66.560	−0.015%	$801K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.918	+0.523%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.479	−0.137%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.427	−0.215%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.471	−0.149%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.360	−0.315%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.450	−0.180%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.545	−0.038%	$574K	$23.1M	8.1x	as long as short
Bybit XAGUSDT	+0.0061%	4h	66.490	−0.120%	$26.4M	$35.9M	150x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.468	−0.153%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0098%	1h	66.438	−0.198%	$165.9M	$79.4M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.402	−0.252%	$473K	$610K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.420	−0.225%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.490	−0.120%	$126K	$23K	50x	as long as short
BloFin XAG-USDTlong	+0.0103%	4h	66.570	long leg	$2.6M	$624K	100x
Aster XAGUSDT	+0.0117%	4h	66.467	−0.154%	$2.8M	$991K	100x	as long as short
Paradex XAG-USD-PERP	+0.0121%	8h	66.448	−0.183%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0124%	4h	66.565	−0.008%	$5.6M	$9.7M	—	as long as short
Aevo XAG-PERP	+0.0136%	1h	66.464	−0.159%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0140%	4h	66.523	−0.071%	$675K	$315K	30x	as long as short
MEXC SILVER_USDT	+0.0146%	4h	66.460	−0.165%	$108.1M	$156.6M	1000x	as long as short
Binance XAGUSDT	+0.0148%	4h	66.470	−0.151%	$192.9M	$707.9M	100x	as long as short
Lighter XAG	+0.0160%	1h	66.457	−0.169%	$5.4M	$10.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	−0.075%	$1.9M	$968K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0196%	8h	66.460	−0.165%	$28.0M	$66.0M	50x	as long as short
Bitget XAGUSDT	+0.0220%	4h	66.470	−0.150%	$24.4M	$45.9M	100x	as long as short
Nado XAG-PERP	+0.0223%	1h	66.412	−0.238%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0223%	1h	66.479	−0.137%	$80K	$38K	10x	as long as short
GRVT XAG_USDT_Perpshort	+0.0238%	4h	66.591	+0.031%	$395K	$1.5M	25x
Bullet SILVER-USD	+0.0281%	1h	66.479	−0.136%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.493	−0.116%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.485	−0.128%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.530	−0.060%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0461%	1h	66.512	−0.088%	$767K	$491K	25x	as long as short