XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: ApeX Omni against gTrade (Gains Network)+0.009%7-day average +0.041% · 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−$310as in the Price arb table

costs, in and out, $10k−$3073.067% of the position

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.009%, 7d avg +0.041%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.032% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.041%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAG/USD	66.094	L +0.0004% / S −0.0006%	pay 0.0000% / 1h	46m 24s	$121K	—	250x
Short	ApeX Omni XAGUSDT	66.100	0.0100	get 0.0013% / 1h	46m 24s	$113K	$30K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now +0.009%Rate

Funding earned: $20.22
Price spread: +0.009% → +0.041%: −$3.19
Slippage, 4 orders: −$286.73
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$289.7
Costs to cover: 3.067%
Break-even: 107.3 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 33 min ago; ApeX Omni: live order book, 64 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 gTrade (Gains Network) virtual book (oracle venue), 33 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	580.0 bp −$58.0K	2587.5 bp −$1.29M
Sell ApeX Omni live order book, 64 min ago	4.55 bp	18.3 bp −$18	51.0 bp −$510	doesn't fit	doesn't fit

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	−0.0026%	1h	66.030	−0.097%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.104	+0.015%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.140	+0.069%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.190	+0.145%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.150	+0.084%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USDlong	L +0.0004% / S −0.0006%	1h	66.094	long leg	$121K	—	250x
RISEx XAG/USDC	+0.0030%	1h	66.145	+0.077%	$1.3M	$4.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.143	+0.074%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.096	+0.003%	$5.2M	$11.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.463%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	66.096	+0.003%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.140	+0.069%	$796K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0044%	4h	66.170	+0.115%	$149.9M	$154.0M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.571	+0.721%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.109	+0.022%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.094	0.000%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.120	+0.039%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	66.136	+0.062%	$30K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	66.097	+0.004%	$166.6M	$73.9M	25x	as long as short
Bybit XAGUSDT	+0.0072%	4h	66.160	+0.099%	$27.8M	$36.2M	150x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	66.112	+0.027%	$519K	$26.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.096	+0.003%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	+0.024%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDTshort	+0.0100%	1h	66.100	+0.009%	$113K	$30K	50x
BloFin XAG-USDT	+0.0103%	4h	66.130	+0.054%	$2.6M	$571K	100x	as long as short
Aster XAGUSDT	+0.0107%	4h	66.149	+0.083%	$2.7M	$873K	100x	as long as short
Lighter XAG	+0.0144%	1h	66.149	+0.083%	$5.3M	$10.6M	25x	as long as short
Variational Omni XAG	+0.0151%	4h	66.143	+0.074%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0152%	1h	66.134	+0.061%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0159%	4h	66.140	+0.069%	$191.2M	$702.8M	100x	as long as short
MEXC SILVER_USDT	+0.0160%	4h	66.130	+0.054%	$116.4M	$151.8M	1000x	as long as short
Nado XAG-PERP	+0.0163%	1h	66.114	+0.030%	$1.4M	$5.5M	10x	as long as short
edgeX XAGUSDC	+0.0174%	4h	66.143	+0.074%	$671K	$312K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.173%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	66.096	+0.003%	$80K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.140	+0.069%	$74K	$364K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.160	+0.099%	$395K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0220%	4h	66.140	+0.069%	$24.0M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0220%	8h	66.150	+0.084%	$27.8M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0226%	1h	66.150	+0.084%	$43K	$76K	10x	as long as short
Hotstuff SILVER-PERP	+0.0232%	1h	66.121	+0.040%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0320%	1h	66.098	+0.006%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.145	+0.077%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.122	+0.042%	$909K	$688K	25x	as long as short