XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0175%/8h= +19.2% APRnext payment +$0.22 per $10,000 · paid last 24h +0.022%

Price spread now: Kraken Futures against Bullet−0.073%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.073% cheaper against Bullet than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 34 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SILVER-USD	66.462	0.0287	pay 0.0036% / 1h	17m 53s	$46K	$76K	10x
Short	Kraken Futures PF_XAGUSD	66.413	0.0462	get 0.0058% / 1h	17m 53s	$766K	$478K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bullet. 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 BulletbpFee Kraken FuturesbpOrdersPrice spread, now −0.073%Rate

Funding earned: $36.82
Price spread: −0.073% → 0.000%: −$7.35
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $11.48
Costs to cover: 0.180%
Break-even: 4.8 days

Slippage unknown: Bullet: no order-book sample; Kraken Futures: live order book, 50 min ago. Net counts fees only.

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 Bullet no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 50 min ago	2.75 bp	8.6 bp −$9	16.6 bp −$166	52.0 bp −$5,197	doesn't fit

Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAG on 43 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	66.363	−0.149%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.400	−0.093%	$152.6M	$164.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.450	−0.018%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.490	+0.042%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.440	−0.033%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.388	−0.111%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.424	−0.057%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.330	−0.199%	$5.4M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.093%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.430	−0.048%	$799K	$2.9M	40x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.873	+0.619%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.352	−0.165%	$56K	$26K	25x	as long as short
Ondo Perps XAG-USD.P	+0.0049%	1h	66.320	−0.213%	$5.7M	$9.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.417	−0.067%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.372	−0.135%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.400	−0.093%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.406	−0.084%	$561K	$23.7M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.430	−0.048%	$1.3M	$4.4M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0099%	1h	66.357	−0.158%	$165.6M	$75.9M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.376	−0.129%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.350	−0.168%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.360	−0.153%	$126K	$23K	50x	as long as short
Hotstuff SILVER-PERP	+0.0120%	1h	66.388	−0.111%	$35K	$21K	20x	as long as short
Bybit XAGUSDT	+0.0125%	4h	66.410	−0.078%	$26.6M	$36.4M	150x	as long as short
Aster XAGUSDT	+0.0131%	4h	66.390	−0.108%	$2.7M	$939K	100x	as long as short
Paradex XAG-USD-PERP	+0.0134%	8h	66.434	−0.042%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0159%	4h	66.443	−0.029%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.438	−0.036%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0174%	4h	66.390	−0.108%	$102.7M	$158.5M	1000x	as long as short
Binance XAGUSDT	+0.0176%	4h	66.387	−0.112%	$192.4M	$707.0M	100x	as long as short
edgeX XAGUSDC	+0.0180%	4h	66.431	−0.046%	$674K	$314K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	−0.078%	$1.9M	$971K	20x	as long as short
Lighter XAG	+0.0192%	1h	66.437	−0.038%	$5.3M	$10.6M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0208%	8h	66.400	−0.093%	$28.0M	$65.8M	50x	as long as short
Nado XAG-PERP	+0.0223%	1h	66.385	−0.115%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0228%	1h	66.392	−0.105%	$80K	$38K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.363	−0.149%	$20K	$22K	10x	as long as short
Bitget XAGUSDT	+0.0246%	4h	66.390	−0.108%	$23.9M	$46.0M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0264%	4h	66.440	−0.033%	$397K	$1.5M	25x	as long as short
Bullet SILVER-USDlong	+0.0287%	1h	66.462	long leg	$46K	$76K	10x
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.465	+0.005%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.420	−0.063%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSDshort	+0.0462%	1h	66.413	−0.073%	$766K	$478K	25x