XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against edgeX−0.104%68s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as 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−$150.151% of the position

Long on edgeX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.104%, 7d avg −0.016%

Together, before fees+0.044%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.088% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 68 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	edgeX XAGUSDC	65.368	0.0064	pay 0.0032% / 4h	52m 16s	$665K	$312K	30x
Short	MEXC SILVER_USDT	65.300	0.0050	get 0.0025% / 4h	52m 16s	$117.1M	$156.0M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$2.93
Price spread: −0.104% → −0.016%: −$8.83
Slippage, 4 orders: −$6.12
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: −$26.88
Costs to cover: 0.151%
Break-even: never at this rate

Slippage from edgeX: live order book, 51 min ago; MEXC: 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, 51 min ago	2.29 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$924	21.2 bp −$10.6K
Sell MEXC live order book, 2 min ago	0.76 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$79	2.8 bp −$1,416

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
Ondo Perps XAG-USD.P	−0.0059%	1h	65.200	−0.257%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0032%	1h	65.281	−0.134%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.287	−0.124%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.320	−0.074%	$27.7M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.310	−0.089%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.350	−0.028%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.320	−0.074%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.249	−0.182%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0027%	4h	65.403	+0.053%	$5.5M	$9.1M	—	as long as short
Gate XAG_USDT	+0.0028%	4h	65.320	−0.074%	$141.1M	$176.7M	100x	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	65.304	−0.099%	$4.5M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.248	−0.184%	$5.1M	$11.6M	10x	as long as short
Aster XAGUSDT	+0.0033%	4h	65.320	−0.074%	$2.7M	$952K	100x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.578%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.330	−0.059%	$786K	$2.9M	40x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.300	−0.104%	$152K	$1.4M	20x	as long as short
Binance XAGUSDT	+0.0045%	4h	65.310	−0.089%	$191.6M	$761.2M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	65.723	+0.543%	—	—	25x	as long as short
MEXC SILVER_USDTshort	+0.0050%	4h	65.300	−0.104%	$117.1M	$156.0M	1000x
Polymarket Perps SILVER-USD	+0.0050%	1h	65.274	−0.144%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.248	−0.184%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.277	−0.139%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.294	−0.114%	$56K	$31K	25x	as long as short
edgeX XAGUSDClong	+0.0064%	4h	65.368	long leg	$665K	$312K	30x
Aevo XAG-PERP	+0.0064%	1h	65.297	−0.108%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.284	−0.129%	$476K	$31.7M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0079%	1h	65.273	−0.146%	$170.4M	$80.9M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.360	−0.013%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.257	−0.170%	$468K	$621K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.280	−0.135%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.370	+0.003%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.321	−0.073%	$1.2M	$4.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0144%	4h	65.409	+0.063%	$384K	$1.6M	25x	as long as short
Lighter XAG	+0.0152%	1h	65.322	−0.071%	$5.3M	$11.1M	25x	as long as short
Hibachi XAG/USDT-P	+0.0160%	1h	65.289	−0.121%	$20K	$17K	10x	as long as short
Nado XAG-PERP	+0.0163%	1h	65.262	−0.162%	$1.2M	$4.8M	10x	as long as short
Bitget XAGUSDT	+0.0166%	4h	65.310	−0.089%	$23.7M	$45.5M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0178%	8h	65.300	−0.104%	$28.1M	$70.6M	50x	as long as short
BloFin XAG-USDT	+0.0202%	4h	65.320	−0.074%	$2.7M	$582K	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.290	−0.120%	$65K	$387K	20x	as long as short
Aftermath Perps XAGUSD	+0.0210%	1h	65.305	−0.097%	$78K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0225%	1h	65.316	−0.080%	$44K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.315	−0.082%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.271	−0.149%	$1.0M	$873K	25x	as long as short