XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0110%/8h= −12.1% APRnext payment −$0.55 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against edgeX+0.024%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.024%, 7d avg +0.007%

Together, before fees−0.090%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, 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	edgeX XAGUSDC	66.444	0.0110	pay 0.0055% / 4h	47m 08s	$674K	$315K	30x
Short	Gate XAG_USDT	66.460	0	get 0.0000% / 4h	47m 08s	$147.4M	$169.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now +0.024%Rate

Funding earned: −$23.18
Price spread: +0.024% → +0.007%: $1.7
Slippage, 4 orders: −$6.16
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$51.64
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from edgeX: live order book, 32 min ago; Gate: live order book, 2 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 edgeX live order book, 32 min ago	2.26 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$918	20.9 bp −$10.5K
Sell Gate live order book, 2 min ago	0.75 bp	8.3 bp −$8	9.5 bp −$95	10.6 bp −$1,065	12.4 bp −$6,220

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-USD	0.0000%	1h	66.428	−0.024%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.470	+0.039%	$25.8M	$33.4M	150x	as long as short
Gate XAG_USDTshort	0.0000%	4h	66.460	+0.024%	$147.4M	$169.6M	100x
SunX XAG-USDT	0.0000%	4h	66.450	+0.009%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.490	+0.069%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.460	+0.024%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.395	−0.073%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.448	+0.006%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.395	−0.074%	$5.5M	$12.3M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.431	−0.020%	$35K	$21K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.067%	$11K	$94K	52x	as long as short
Phoenix SILVER	+0.0036%	1h	66.397	−0.071%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.400	−0.067%	$795K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.893	+0.675%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.420	−0.036%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.396	−0.073%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.350	−0.142%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.413	−0.047%	$592K	$21.3M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.440	−0.006%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0070%	1h	66.426	−0.027%	$165.5M	$87.5M	25x	as long as short
Variational Omni XAG	+0.0086%	4h	66.457	+0.019%	$5.6M	$10.3M	—	as long as short
Aster XAGUSDT	+0.0088%	4h	66.467	+0.034%	$2.8M	$1.1M	100x	as long as short
MEXC SILVER_USDT	+0.0098%	4h	66.450	+0.009%	$113.9M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0100%	4h	66.460	+0.024%	$191.6M	$726.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.401	−0.065%	$475K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.420	−0.036%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.400	−0.067%	$126K	$26K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.452	+0.012%	$48K	—	10x	as long as short
Paradex XAG-USD-PERP	+0.0106%	8h	66.453	+0.013%	$30K	$1K	5x	as long as short
edgeX XAGUSDClong	+0.0110%	4h	66.444	long leg	$674K	$315K	30x
BloFin XAG-USDT	+0.0111%	4h	66.450	+0.009%	$2.6M	$650K	100x	as long as short
Lighter XAG	+0.0112%	1h	66.447	+0.003%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0112%	4h	66.470	+0.039%	$24.2M	$47.9M	100x	as long as short
Aftermath Perps XAGUSD	+0.0147%	1h	66.421	−0.034%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	66.460	+0.024%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	+0.024%	$1.9M	$860K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0188%	8h	66.460	+0.024%	$27.6M	$66.4M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.457	+0.019%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0246%	1h	66.455	+0.016%	$45K	$76K	10x	as long as short
Nado XAG-PERP	+0.0255%	1h	66.400	−0.066%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.455	+0.016%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.400	−0.067%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.450	+0.009%	$51K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.427	−0.025%	$768K	$569K	25x	as long as short