XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0065%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h −0.010%

Price spread now: Nado against Bullet−0.089%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 Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.089% cheaper against Bullet than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SILVER-USD	66.358	0.0280	pay 0.0035% / 1h	30m 28s	$45K	$75K	10x
Short	Nado XAG-PERP	66.299	0.0214	get 0.0027% / 1h	30m 28s	$1.3M	$6.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.089%Rate

Funding earned: −$13.74
Price spread: −0.089% → 0.000%: −$8.91
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$37.65
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; Nado: live order book, 4 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 Nado live order book, 4 min ago	0.08 bp	3.6 bp −$4	7.5 bp −$75	33.9 bp −$3,393	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 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	66.279	−0.119%	$15K	—	5x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.301	−0.086%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.360	+0.003%	$150.5M	$163.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.320	−0.057%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.360	+0.003%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.350	−0.012%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.260	−0.148%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.339	−0.028%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.281	−0.116%	$5.3M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.063%	$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	66.280	−0.118%	$797K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.780	+0.636%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.325	−0.050%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.266	−0.139%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.250	−0.163%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.340	−0.027%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0064%	24h	66.282	−0.115%	$571K	$24.5M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.244	−0.172%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0094%	1h	66.324	−0.051%	$166.1M	$74.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.285	−0.110%	$472K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.310	−0.072%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.210	−0.223%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0135%	8h	66.344	−0.021%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0137%	4h	66.340	−0.027%	$2.7M	$877K	100x	as long as short
BloFin XAG-USDT	+0.0149%	4h	66.300	−0.087%	$2.6M	$553K	100x	as long as short
Bybit XAGUSDT	+0.0164%	4h	66.370	+0.018%	$26.9M	$36.2M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.330	−0.042%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0179%	4h	66.321	−0.055%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.359	+0.001%	$1.3M	$4.5M	20x	as long as short
Lighter XAG	+0.0184%	1h	66.338	−0.030%	$5.3M	$10.5M	25x	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.360	+0.003%	$111.3M	$152.2M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.250	−0.163%	$1.9M	$980K	20x	as long as short
Binance XAGUSDT	+0.0195%	4h	66.360	+0.003%	$192.3M	$706.2M	100x	as long as short
edgeX XAGUSDC	+0.0198%	4h	66.273	−0.128%	$672K	$315K	30x	as long as short
Nado XAG-PERPshort	+0.0214%	1h	66.299	−0.089%	$1.3M	$6.5M	10x
OKX XAG-USDT-SWAP	+0.0216%	8h	66.350	−0.012%	$27.8M	$65.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0235%	1h	66.221	−0.207%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0248%	4h	66.360	+0.003%	$23.8M	$45.9M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0264%	4h	66.280	−0.118%	$402K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	66.282	−0.114%	$20K	$22K	10x	as long as short
Bullet SILVER-USDlong	+0.0280%	1h	66.358	long leg	$45K	$75K	10x
GMX SILVER/USD [ETH-USDC]	L +0.0348% / S −0.0368%	1h	66.335	−0.035%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0504%	1h	66.330	−0.042%	$50K	$322K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.303	−0.083%	$916K	$675K	25x	as long as short