XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.066%

Price spread now: SoDEX against Deribit−0.070%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.070% cheaper against Deribit than usual: you would sell low and buy high (−$7 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	Deribit SILVER_USDC-PERPETUAL	65.680	0.0207	pay 0.0026% / 1h	48m 22s	$77K	$414K	20x
Short	SoDEX SILVER-USD	65.634	0.0050	get 0.0006% / 1h	48m 22s	$3K	$6K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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 DeribitbpFee SoDEXbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$32.96
Price spread: −0.070% → 0.000%: −$7
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$54.97
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 63 min ago; SoDEX: no order-book sample. 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 Deribit live order book, 63 min ago	0.76 bp	7.3 bp −$7	9.4 bp −$94	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 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
Hotstuff SILVER-PERP	−1.5176%	1h	65.532	−0.225%	$36K	$23K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0006%	1h	65.580	−0.152%	$5.7M	$11.0M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.598	−0.125%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.720	+0.061%	$138.5M	$204.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.710	+0.046%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.710	+0.046%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.700	+0.030%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.658	−0.034%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.685	+0.008%	$4.6M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.637	−0.066%	$5.1M	$11.8M	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	−1.641%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.680	0.000%	$790K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.116	+0.664%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.651	−0.044%	$3.8M	$893K	20x	as long as short
SoDEX SILVER-USDshort	+0.0050%	1h	65.634	−0.070%	$3K	$6K	20x
QFEX SILVER-USD	+0.0051%	1h	65.660	−0.030%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.661	−0.028%	$29K	$166	5x	as long as short
tradeXYZ xyz:SILVER	+0.0057%	1h	65.669	−0.017%	$174.6M	$94.0M	25x	as long as short
Variational Omni XAG	+0.0086%	4h	65.668	−0.018%	$5.7M	$9.1M	—	as long as short
Kalshi KXSILVERPERP	+0.0100%	24h	65.665	−0.023%	$720K	$38.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.633	−0.072%	$467K	$567K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.660	−0.030%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.630	−0.076%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	+0.015%	$1.6M	$1.9M	20x	as long as short
Aster XAGUSDT	+0.0109%	4h	65.670	−0.015%	$2.7M	$1.1M	100x	as long as short
MEXC SILVER_USDT	+0.0110%	4h	65.690	+0.015%	$122.2M	$162.9M	1000x	as long as short
Binance XAGUSDT	+0.0110%	4h	65.698	+0.028%	$191.5M	$862.9M	100x	as long as short
Aevo XAG-PERP	+0.0112%	1h	65.683	+0.005%	$47K	—	10x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.680	0.000%	$1.2M	$4.9M	20x	as long as short
edgeX XAGUSDC	+0.0118%	4h	65.679	−0.001%	$669K	$314K	30x	as long as short
Phoenix SILVER	+0.0122%	1h	65.676	−0.006%	$55K	$14K	25x	as long as short
Bybit XAGUSDT	+0.0126%	4h	65.710	+0.046%	$30.6M	$48.2M	150x	as long as short
Lighter XAG	+0.0136%	1h	65.687	+0.011%	$5.1M	$11.6M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0140%	4h	65.730	+0.076%	$396K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0142%	1h	65.641	−0.059%	$1.2M	$3.6M	10x	as long as short
Deribit SILVER_USDC-PERPETUALlong	+0.0207%	1h	65.680	long leg	$77K	$414K	20x
Bullet SILVER-USD	+0.0209%	1h	65.700	+0.030%	$45K	$73K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0213%	8h	65.700	+0.030%	$28.0M	$85.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	65.668	−0.019%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0244%	4h	65.710	+0.046%	$23.2M	$52.8M	100x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	65.608	−0.109%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0269% / S −0.0236%	1h	65.745	+0.099%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0352%	4h	65.680	0.000%	$2.7M	$771K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.668	−0.019%	$1.0M	$943K	25x	as long as short