XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.83 per $10,000 · paid last 24h +0.041%

Price spread now: Bitget against Bybit−0.030%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$280.282% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 7 days+0.028%+$3 · spread now −0.030%, 7d avg −0.009%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.021% cheaper against Bybit than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of −0.009%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.081% in total) that is about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAGUSDT	65.660	0.0046	pay 0.0023% / 4h	51m 39s	$30.5M	$47.8M	150x
Short	Bitget XAGUSDT	65.640	0.0212	get 0.0106% / 4h	51m 39s	$23.1M	$52.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.030%Rate

Funding earned: $34.92
Price spread: −0.030% → −0.009%: −$2.12
Slippage, 4 orders: −$5.24
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: $4.57
Costs to cover: 0.282%
Break-even: 6.1 days

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago	0.76 bp	6.3 bp −$6	7.4 bp −$74	12.7 bp −$1,267	56.0 bp −$28.0K
Sell Bitget live order book, 5 min ago	0.76 bp	6.8 bp −$7	8.6 bp −$86	14.7 bp −$1,472	41.1 bp −$20.6K

XAG on 44 exchanges

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	65.577	−0.126%	$13K	$8K	5x	as long as short
RISEx XAG/USDC	0.0000%	1h	65.624	−0.055%	$1.3M	$5.5M	20x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	65.596	−0.097%	$39K	$26K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	65.650	−0.015%	$136.6M	$198.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.640	−0.030%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.650	−0.015%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.650	−0.015%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.581	−0.121%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.638	−0.033%	$4.5M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.576	−0.128%	$5.1M	$12.0M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.611%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.630	−0.046%	$789K	$3.0M	40x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.630	−0.046%	$447K	$1.4M	20x	as long as short
Ondo Perps XAG-USD.P	+0.0046%	1h	65.520	−0.213%	$5.7M	$11.0M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.064	+0.615%	—	—	25x	as long as short
Bybit XAGUSDTlong	+0.0046%	4h	65.660	long leg	$30.5M	$47.8M	150x
Polymarket Perps SILVER-USD	+0.0050%	1h	65.610	−0.076%	$3.8M	$904K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.561	−0.151%	$3K	$6K	20x	as long as short
Variational Omni XAG	+0.0052%	4h	65.578	−0.125%	$5.6M	$9.0M	—	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.619	−0.062%	$29K	—	5x	as long as short
Aster XAGUSDT	+0.0073%	4h	65.608	−0.079%	$2.7M	$1.2M	100x	as long as short
MEXC SILVER_USDT	+0.0074%	4h	65.630	−0.046%	$115.0M	$162.8M	1000x	as long as short
Binance XAGUSDT	+0.0075%	4h	65.640	−0.030%	$190.6M	$860.1M	100x	as long as short
Aevo XAG-PERP	+0.0080%	1h	65.617	−0.066%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0090%	4h	65.579	−0.124%	$669K	$314K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0094%	4h	65.606	−0.083%	$389K	$1.6M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.579	−0.124%	$463K	$520K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.600	−0.091%	$25.4M	$4.3M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.550	−0.168%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.710	+0.076%	$1.6M	$1.9M	20x	as long as short
Kalshi KXSILVERPERP	+0.0107%	24h	65.625	−0.053%	$792K	$38.8M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0110%	1h	65.608	−0.079%	$175.9M	$86.8M	25x	as long as short
Nado XAG-PERP	+0.0130%	1h	65.571	−0.136%	$1.2M	$3.4M	10x	as long as short
Phoenix SILVER	+0.0134%	1h	65.584	−0.116%	$55K	$15K	25x	as long as short
Lighter XAG	+0.0136%	1h	65.634	−0.039%	$5.3M	$11.8M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0178%	8h	65.640	−0.030%	$27.9M	$85.7M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.600	−0.091%	$77K	$409K	20x	as long as short
Bitget XAGUSDTshort	+0.0212%	4h	65.640	−0.030%	$23.1M	$52.7M	100x
Hibachi XAG/USDT-P	+0.0224%	1h	65.580	−0.122%	$21K	$12K	10x	as long as short
Aftermath Perps XAGUSD	+0.0227%	1h	65.614	−0.070%	$79K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0231%	1h	65.646	−0.022%	$44K	$73K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0282% / S −0.0254%	1h	65.655	−0.008%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0303%	4h	65.620	−0.061%	$2.7M	$783K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0539%	1h	65.607	−0.080%	$1.0M	$943K	25x	as long as short