XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.018%

Price spread now: BloFin against Bybit+0.045%482s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as 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−$270.267% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.186%−$19 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.045%, 7d avg +0.007%

Together, before fees−0.194%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.038% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.186%, so the current rate has only just turned in your favour. The two prices were read 482 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	Bybit XAGUSDT	66.540	0.0065	pay 0.0033% / 4h	2h 41m	$26.4M	$35.9M	150x
Short	BloFin XAG-USDT	66.570	0.0103	get 0.0052% / 4h	2h 41m	$2.6M	$624K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.045%Rate

Funding earned: $8
Price spread: +0.045% → +0.007%: $3.79
Slippage, 4 orders: −$3.66
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$14.87
Costs to cover: 0.267%
Break-even: 20.0 days

Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 12 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, 3 min ago	0.75 bp	6.5 bp −$7	9.5 bp −$95	15.2 bp −$1,525	54.1 bp −$27.0K
Sell BloFin live order book, 12 min ago	0.75 bp	6.8 bp −$7	8.1 bp −$81	11.6 bp −$1,161	20.5 bp −$10.2K

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	66.441	−0.149%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.423	−0.177%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.530	−0.015%	$154.6M	$161.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.500	−0.060%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.520	−0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.530	−0.015%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.439	−0.151%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.501	−0.059%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.434	−0.159%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.210%	$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	+0.030%	$801K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.924	+0.577%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.413	−0.191%	$56K	$26K	25x	as long as short
Ondo Perps XAG-USD.P	+0.0049%	1h	66.370	−0.255%	$5.7M	$9.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.456	−0.126%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.450	−0.135%	$3K	$5K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.490	−0.075%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.438	−0.153%	$574K	$23.1M	8.1x	as long as short
Bybit XAGUSDTlong	+0.0065%	4h	66.540	long leg	$26.4M	$35.9M	150x
RISEx XAG/USDC	+0.0079%	1h	66.485	−0.083%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0096%	1h	66.490	−0.075%	$166.0M	$79.4M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.418	−0.183%	$473K	$610K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.480	−0.090%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.490	−0.075%	$126K	$23K	50x	as long as short
BloFin XAG-USDTshort	+0.0103%	4h	66.570	+0.045%	$2.6M	$624K	100x
Aster XAGUSDT	+0.0113%	4h	66.490	−0.075%	$2.8M	$971K	100x	as long as short
Paradex XAG-USD-PERP	+0.0122%	8h	66.463	−0.115%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0129%	4h	66.505	−0.053%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0136%	1h	66.507	−0.050%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0146%	4h	66.520	−0.030%	$108.2M	$156.6M	1000x	as long as short
Binance XAGUSDT	+0.0148%	4h	66.525	−0.023%	$193.1M	$707.9M	100x	as long as short
edgeX XAGUSDC	+0.0153%	4h	66.569	+0.043%	$676K	$313K	30x	as long as short
Lighter XAG	+0.0160%	1h	66.517	−0.034%	$5.4M	$10.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	−0.030%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0197%	8h	66.520	−0.030%	$28.1M	$66.0M	50x	as long as short
Bitget XAGUSDT	+0.0220%	4h	66.540	0.000%	$24.4M	$45.9M	100x	as long as short
Aftermath Perps XAGUSD	+0.0223%	1h	66.470	−0.106%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0223%	1h	66.432	−0.162%	$1.3M	$6.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0238%	4h	66.591	+0.076%	$395K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0280%	1h	66.430	−0.166%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0281%	1h	66.500	−0.060%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.485	−0.083%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.466	−0.111%	$766K	$491K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0502%	1h	66.520	−0.030%	$50K	$325K	20x	as long as short