XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.034%

Price spread now: QFEX against Extended+0.047%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$210.206% of the position

Long on Extended Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.038%−$4 on $10k

Price spread, last 7 days−0.009%−$1 · spread now +0.047%, 7d avg +0.022%

Together, before fees−0.047%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.026% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	66.029	0.0032	pay 0.0004% / 1h	0m 53s	$5.3M	$14.8M	10x
Short	QFEX SILVER-USD	66.060	0.0080	get 0.0010% / 1h	0m 53s	$143K	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Extended. 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 ExtendedbpFee QFEXbpOrdersPrice spread, now +0.047%Rate

Funding earned: $10.08
Price spread: +0.047% → +0.022%: $2.58
Slippage, 4 orders: −$5.59
Fee Extended: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$7.93
Costs to cover: 0.206%
Break-even: 12.5 days

Slippage from Extended: live order book, 3 min ago; QFEX: live order book, 12 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 Extended live order book, 3 min ago	0.08 bp	3.5 bp −$3	5.5 bp −$55	11.9 bp −$1,191	doesn't fit
Sell QFEX live order book, 12 min ago	2.27 bp	7.3 bp −$7	7.3 bp −$73	8.7 bp −$873	13.0 bp −$6,511

XAG on 42 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
Hotstuff SILVER-PERP	−0.0040%	1h	66.019	−0.015%	$35K	$21K	20x	as long as short
Nado XAG-PERP	−0.0002%	1h	66.075	+0.070%	$1.3M	$6.5M	10x	as long as short
dYdX XAG-USD	0.0000%	1h	66.057	+0.043%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.090	+0.093%	$25.6M	$35.7M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.090	+0.093%	$146.9M	$185.9M	100x	as long as short
GRVT XAG_USDT_Perp	0.0000%	4h	66.047	+0.027%	$392K	$1.6M	25x	as long as short
Bullet SILVER-USD	0.0000%	1h	66.095	+0.101%	$44K	$74K	10x	as long as short
SunX XAG-USDT	0.0000%	4h	66.100	+0.108%	$2K	$3.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.110	+0.123%	$1.0M	$1.2M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.110	+0.123%	$1.5M	$248K	100x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAGUSD	+0.0010%	1h	66.034	+0.009%	$79K	$40K	10x	as long as short
Aster XAGUSDT	+0.0011%	4h	66.051	+0.034%	$2.8M	$1.1M	100x	as long as short
Bitget XAGUSDT	+0.0014%	4h	66.090	+0.093%	$23.6M	$51.8M	100x	as long as short
Lighter XAG	+0.0032%	1h	66.059	+0.046%	$5.1M	$11.5M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.059	+0.046%	$4.4M	$10.0M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	66.029	long leg	$5.3M	$14.8M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.562%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.030	+0.002%	$790K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.583	+0.840%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.028	−0.001%	$163.7M	$95.7M	25x	as long as short
MEXC SILVER_USDT	+0.0050%	4h	66.080	+0.078%	$122.1M	$192.8M	1000x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.031	+0.004%	$3.9M	$742K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.015	−0.021%	$4K	$5K	20x	as long as short
Binance XAGUSDT	+0.0050%	4h	66.107	+0.118%	$190.2M	$783.5M	100x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.030	+0.002%	$5.4M	$9.7M	25x	as long as short
edgeX XAGUSDC	+0.0052%	4h	66.085	+0.085%	$670K	$315K	30x	as long as short
Kalshi KXSILVERPERP	+0.0055%	24h	66.050	+0.032%	$637K	$21.7M	8.1x	as long as short
Variational Omni XAG	+0.0057%	4h	66.002	−0.040%	$5.3M	$11.3M	—	as long as short
BloFin XAG-USDT	+0.0058%	4h	66.050	+0.032%	$2.6M	$1.2M	100x	as long as short
Aevo XAG-PERP	+0.0064%	1h	66.068	+0.059%	$47K	—	10x	as long as short
Phoenix SILVER	+0.0073%	1h	66.019	−0.015%	$56K	$26K	25x	as long as short
QFEX SILVER-USDshort	+0.0080%	1h	66.060	+0.047%	$143K	$2.8M	20x
Paradex XAG-USD-PERP	+0.0096%	8h	66.071	+0.064%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.043	+0.022%	$472K	$645K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.050	+0.032%	$24.2M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.030	+0.002%	$112K	$85K	50x	as long as short
OKX XAG-USDT-SWAP	+0.0141%	8h	66.110	+0.123%	$27.4M	$69.9M	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.060	+0.047%	$1.9M	$1.2M	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0359% / S −0.0369%	1h	66.105	+0.116%	$103K	—	29x	as long as short
RISEx XAG/USDC	+0.0432%	1h	66.093	+0.098%	$1.3M	$4.3M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0507%	1h	66.100	+0.108%	$76K	$347K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0614%	1h	66.080	+0.078%	$776K	$610K	25x	as long as short