XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0355%/8h= +38.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.082%

Price spread now: Deribit against dYdX−0.032%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.032% cheaper against dYdX than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XAG-USD	66.141	0	get 0.0000% / 1h	18m 01s	$15K	—	5x
Short	Deribit SILVER_USDC-PERPETUAL	66.120	0.0355	get 0.0044% / 1h	18m 01s	$62K	$349K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against dYdX. 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 dYdXbpFee DeribitbpOrdersPrice spread, now −0.032%Rate

Funding earned: $74.62
Price spread: −0.032% → 0.000%: −$3.18
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $54.44
Costs to cover: 0.170%
Break-even: 1.9 days

Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 41 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 dYdX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 41 min ago	0.76 bp	4.3 bp −$4	5.9 bp −$59	doesn't fit	doesn't fit

dYdX: 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-USDlong	0.0000%	1h	66.141	long leg	$15K	—	5x
Gate XAG_USDT	0.0000%	4h	66.150	+0.014%	$150.1M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.140	−0.002%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.170	+0.044%	$1.0M	$971K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.150	+0.014%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.068	−0.110%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.124	−0.025%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.071	−0.106%	$5.2M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.392%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.180	+0.059%	$796K	$3.1M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0041%	1h	66.060	−0.122%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.586	+0.673%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.109	−0.048%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.070	−0.107%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.140	−0.002%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.143	+0.003%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0070%	24h	66.110	−0.047%	$547K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.104	−0.057%	$471K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	−0.047%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.120	−0.032%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0123%	1h	66.111	−0.045%	$165.9M	$74.2M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.160	+0.029%	$1.3M	$4.5M	20x	as long as short
Paradex XAG-USD-PERP	+0.0141%	8h	66.135	−0.009%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0145%	4h	66.145	+0.006%	$2.7M	$878K	100x	as long as short
Bybit XAGUSDT	+0.0162%	4h	66.160	+0.029%	$27.0M	$36.0M	150x	as long as short
Lighter XAG	+0.0176%	1h	66.129	−0.018%	$5.2M	$10.7M	25x	as long as short
Hotstuff SILVER-PERP	+0.0184%	1h	66.151	+0.015%	$35K	$21K	20x	as long as short
Aevo XAG-PERP	+0.0192%	1h	66.147	+0.010%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.170	+0.044%	$1.8M	$1.0M	20x	as long as short
Variational Omni XAG	+0.0206%	4h	66.183	+0.063%	$5.6M	$9.6M	—	as long as short
Nado XAG-PERP	+0.0206%	1h	66.136	−0.008%	$1.4M	$6.4M	10x	as long as short
MEXC SILVER_USDT	+0.0212%	4h	66.140	−0.002%	$110.2M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0212%	4h	66.143	+0.003%	$192.4M	$700.6M	100x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	66.129	−0.019%	$80K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0228%	4h	66.187	+0.069%	$672K	$311K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0231%	8h	66.140	−0.002%	$27.7M	$65.1M	50x	as long as short
BloFin XAG-USDT	+0.0243%	4h	66.200	+0.089%	$2.6M	$555K	100x	as long as short
Bitget XAGUSDT	+0.0256%	4h	66.150	+0.014%	$23.8M	$45.3M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0278%	4h	66.198	+0.087%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0287%	1h	66.148	+0.010%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUALshort	+0.0355%	1h	66.120	−0.032%	$62K	$349K	20x
Hibachi XAG/USDT-P	+0.0360%	1h	66.140	−0.002%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.145	+0.006%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.108	−0.049%	$913K	$681K	25x	as long as short