XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.009%

Price spread now: MEXC against Bybit−0.030%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$150.150% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.030%, 7d avg −0.024%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAGUSDT	66.430	0	get 0.0000% / 4h	1h 05m	$25.7M	$33.5M	150x
Short	MEXC SILVER_USDT	66.410	0.0092	get 0.0046% / 4h	1h 05m	$123.9M	$182.7M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.030%Rate

Funding earned: $19.32
Price spread: −0.030% → −0.024%: −$0.65
Slippage, 4 orders: −$4.03
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: $3.63
Costs to cover: 0.150%
Break-even: 5.7 days

Slippage from Bybit: live order book, 8 min ago; MEXC: live order book, 9 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, 8 min ago	0.75 bp	6.8 bp −$7	10.2 bp −$102	16.6 bp −$1,663	57.8 bp −$28.9K
Sell MEXC live order book, 9 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	1.2 bp −$119	3.3 bp −$1,674

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
Kraken Futures PF_XAGUSD	−0.0271%	1h	66.385	−0.068%	$768K	$569K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.359	−0.108%	$15K	—	5x	as long as short
Bybit XAGUSDTlong	0.0000%	4h	66.430	long leg	$25.7M	$33.5M	150x
RISEx XAG/USDC	0.0000%	1h	66.422	−0.012%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.410	−0.030%	$146.5M	$173.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.420	−0.015%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.420	−0.015%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.410	−0.030%	$1.5M	$249K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.356	−0.111%	$120K	—	250x	as long as short
QFEX SILVER-USD	+0.0016%	1h	66.400	−0.045%	$124K	$2.8M	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	66.396	−0.051%	$4.8M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.350	−0.121%	$5.5M	$12.4M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.374	−0.084%	$35K	$21K	20x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.045%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.330	−0.151%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.841	+0.619%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.374	−0.084%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.355	−0.113%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.166%	$5.7M	$10.0M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0054%	1h	66.374	−0.084%	$165.4M	$88.2M	25x	as long as short
Kalshi KXSILVERPERP	+0.0058%	24h	66.352	−0.117%	$588K	$21.4M	8.1x	as long as short
BloFin XAG-USDT	+0.0072%	4h	66.340	−0.135%	$2.5M	$848K	100x	as long as short
Phoenix SILVER	+0.0073%	1h	66.292	−0.208%	$56K	$26K	25x	as long as short
Variational Omni XAG	+0.0073%	4h	66.326	−0.156%	$5.5M	$10.5M	—	as long as short
Aster XAGUSDT	+0.0079%	4h	66.410	−0.030%	$2.8M	$1.0M	100x	as long as short
Bitget XAGUSDT	+0.0084%	4h	66.420	−0.015%	$24.1M	$48.0M	100x	as long as short
MEXC SILVER_USDTshort	+0.0092%	4h	66.410	−0.030%	$123.9M	$182.7M	1000x
Binance XAGUSDT	+0.0094%	4h	66.417	−0.020%	$190.9M	$729.2M	100x	as long as short
Aevo XAG-PERP	+0.0096%	1h	66.409	−0.031%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0098%	4h	66.377	−0.080%	$673K	$315K	30x	as long as short
Pacifica XAG	+0.0100%	1h	66.360	−0.105%	$475K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.380	−0.075%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.310	−0.181%	$113K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.380	−0.075%	$1.9M	$864K	20x	as long as short
Paradex XAG-USD-PERP	+0.0116%	8h	66.402	−0.042%	$30K	$1K	5x	as long as short
Aftermath Perps XAGUSD	+0.0132%	1h	66.309	−0.183%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0134%	4h	66.378	−0.078%	$402K	$1.4M	25x	as long as short
Lighter XAG	+0.0136%	1h	66.400	−0.045%	$5.2M	$11.0M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0181%	8h	66.420	−0.015%	$27.4M	$66.6M	50x	as long as short
Hibachi XAG/USDT-P	+0.0200%	1h	66.330	−0.151%	$20K	$22K	10x	as long as short
Nado XAG-PERP	+0.0218%	1h	66.355	−0.112%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0269%	1h	66.423	−0.011%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.425	−0.008%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.410	−0.030%	$51K	$359K	20x	as long as short