XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.062%

Price spread now: Bitget against Gate−0.015%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 7 days−0.022%−$2 · spread now −0.015%, 7d avg −0.014%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	66.080	0	get 0.0000% / 4h	49m 10s	$150.1M	$162.9M	100x
Short	Bitget XAGUSDT	66.070	0.0246	get 0.0123% / 4h	49m 10s	$23.8M	$45.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.015%Rate

Funding earned: $51.66
Price spread: −0.015% → −0.014%: −$0.13
Slippage, 4 orders: −$4.36
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: $20.17
Costs to cover: 0.314%
Break-even: 4.3 days

Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 5 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 Gate live order book, 5 min ago	0.76 bp	8.3 bp −$8	9.4 bp −$94	10.4 bp −$1,043	12.9 bp −$6,432
Sell Bitget live order book, 5 min ago	0.76 bp	6.8 bp −$7	8.9 bp −$89	16.5 bp −$1,651	43.3 bp −$21.7K

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	66.028	−0.079%	$15K	—	5x	as long as short
Gate XAG_USDTlong	0.0000%	4h	66.080	long leg	$150.1M	$162.9M	100x
SunX XAG-USDT	0.0000%	4h	66.090	+0.015%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.110	+0.045%	$1.0M	$983K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.100	+0.030%	$1.5M	$316K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.004	−0.115%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0016%	1h	66.074	−0.009%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.058	−0.033%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.005	−0.113%	$5.2M	$11.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.484%	$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
StandX XAG-USD	+0.0040%	1h	66.100	+0.030%	$795K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.513	+0.655%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.054	−0.039%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.008	−0.109%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.960	−0.182%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.080	0.000%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.057	−0.035%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0067%	24h	66.039	−0.062%	$551K	$25.0M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.027	−0.080%	$470K	$616K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.040	−0.061%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	−0.030%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0125%	1h	66.028	−0.079%	$165.2M	$73.9M	25x	as long as short
Aster XAGUSDT	+0.0132%	4h	66.090	+0.015%	$2.7M	$877K	100x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.081	+0.002%	$1.3M	$4.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0139%	8h	66.067	−0.020%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0144%	4h	66.090	+0.015%	$26.9M	$35.8M	150x	as long as short
Aevo XAG-PERP	+0.0184%	1h	66.078	−0.003%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0189%	4h	66.093	+0.020%	$5.6M	$9.7M	—	as long as short
Lighter XAG	+0.0192%	1h	66.067	−0.020%	$5.2M	$10.5M	25x	as long as short
MEXC SILVER_USDT	+0.0200%	4h	66.070	−0.015%	$108.3M	$152.1M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.130	+0.076%	$1.8M	$1.0M	20x	as long as short
Binance XAGUSDT	+0.0202%	4h	66.080	0.000%	$192.6M	$703.6M	100x	as long as short
edgeX XAGUSDC	+0.0204%	4h	66.125	+0.068%	$671K	$314K	30x	as long as short
BloFin XAG-USDT	+0.0212%	4h	66.120	+0.061%	$2.6M	$554K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0223%	8h	66.090	+0.015%	$27.7M	$65.5M	50x	as long as short
Nado XAG-PERP	+0.0233%	1h	66.020	−0.091%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0237%	1h	66.062	−0.028%	$79K	$37K	10x	as long as short
Bitget XAGUSDTshort	+0.0246%	4h	66.070	−0.015%	$23.8M	$45.7M	100x
GRVT XAG_USDT_Perp	+0.0268%	4h	66.149	+0.105%	$396K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0304%	1h	66.098	+0.027%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0328%	1h	66.031	−0.074%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.060	−0.030%	$62K	$348K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0368% / S −0.0399%	1h	66.085	+0.008%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.050	−0.046%	$911K	$674K	25x	as long as short