XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0207%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.053%

Price spread now: Nado against gTrade (Gains Network)−0.004%7-day average +0.017% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$280as in the Price arb table

costs, in and out, $10k−$2782.779% of the position

Long on gTrade (Gains Network)Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.073%+$7 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.004%, 7d avg +0.017%

Together, before fees+0.033%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.021% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.017%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.073% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAG/USD	66.272	L +0.0004% / S −0.0006%	pay 0.0000% / 1h	28m 16s	$121K	—	250x
Short	Nado XAG-PERP	66.270	0.0210	get 0.0026% / 1h	28m 16s	$1.3M	$6.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.004%Rate

Funding earned: $43.39
Price spread: −0.004% → +0.017%: −$2.09
Slippage, 4 orders: −$260.87
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$236.57
Costs to cover: 2.779%
Break-even: 45.2 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Nado: live order book, 6 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), 1 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 Nado live order book, 6 min ago	0.08 bp	3.6 bp −$4	7.5 bp −$75	33.9 bp −$3,393	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
dYdX XAG-USD	0.0000%	1h	66.213	−0.090%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.350	+0.117%	$150.3M	$164.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.330	+0.087%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.330	+0.087%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.310	+0.057%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USDlong	L +0.0004% / S −0.0006%	1h	66.272	long leg	$121K	—	250x
Lighter RH XAG	+0.0032%	1h	66.303	+0.047%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.261	−0.017%	$5.2M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.192%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.250	−0.034%	$797K	$2.9M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.767	+0.746%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.293	+0.031%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.298	+0.038%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.252	−0.031%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.230	−0.064%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.320	+0.072%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0064%	24h	66.258	−0.022%	$532K	$24.6M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.278	+0.008%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0096%	1h	66.306	+0.051%	$166.0M	$74.3M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.267	−0.008%	$472K	$610K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.280	+0.011%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.260	−0.019%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0133%	4h	66.280	+0.011%	$2.7M	$887K	100x	as long as short
Paradex XAG-USD-PERP	+0.0135%	8h	66.313	+0.061%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0158%	4h	66.340	+0.102%	$26.9M	$36.1M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.317	+0.067%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0179%	4h	66.321	+0.074%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.325	+0.079%	$1.3M	$4.5M	20x	as long as short
Lighter XAG	+0.0192%	1h	66.311	+0.059%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.270	−0.004%	$1.9M	$980K	20x	as long as short
MEXC SILVER_USDT	+0.0194%	4h	66.330	+0.087%	$103.3M	$153.4M	1000x	as long as short
Binance XAGUSDT	+0.0195%	4h	66.340	+0.102%	$192.3M	$705.9M	100x	as long as short
edgeX XAGUSDC	+0.0198%	4h	66.273	+0.001%	$672K	$315K	30x	as long as short
Nado XAG-PERPshort	+0.0210%	1h	66.270	−0.004%	$1.3M	$6.6M	10x
OKX XAG-USDT-SWAP	+0.0217%	8h	66.330	+0.087%	$27.8M	$65.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0235%	1h	66.263	−0.014%	$80K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0248%	4h	66.330	+0.087%	$23.8M	$45.8M	100x	as long as short
BloFin XAG-USDT	+0.0252%	4h	66.320	+0.072%	$2.6M	$553K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0268%	4h	66.350	+0.117%	$402K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.270	−0.004%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0280%	1h	66.352	+0.120%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0349% / S −0.0370%	1h	66.345	+0.109%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.300	+0.041%	$50K	$322K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.295	+0.034%	$915K	$671K	25x	as long as short