XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.022%

Price spread now: Bybit against Gate+0.015%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$290.290% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.015%, 7d avg −0.004%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	66.090	0.0050	pay 0.0025% / 4h	2h 55m	$149.8M	$153.8M	100x
Short	Bybit XAGUSDT	66.100	0.0102	get 0.0051% / 4h	2h 55m	$27.7M	$36.4M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.015%Rate

Funding earned: $11.01
Price spread: +0.015% → −0.004%: $1.93
Slippage, 4 orders: −$3.03
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$16.09
Costs to cover: 0.290%
Break-even: 17.2 days

Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago	0.76 bp	8.3 bp −$8	9.4 bp −$94	11.3 bp −$1,129	14.4 bp −$7,180
Sell Bybit live order book, 3 min ago	0.76 bp	6.3 bp −$6	8.1 bp −$81	15.8 bp −$1,583	62.3 bp −$31.1K

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	65.989	−0.154%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.070	−0.030%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.120	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.080	−0.015%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.017	−0.110%	$120K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0004%	1h	65.960	−0.197%	$5.7M	$9.2M	25x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.086	−0.006%	$1.3M	$4.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.071	−0.028%	$4.8M	$9.2M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.019	−0.108%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.469%	$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	66.050	−0.061%	$794K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.489	+0.604%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.043	−0.071%	$35K	$21K	20x	as long as short
Gate XAG_USDTlong	+0.0050%	4h	66.090	long leg	$149.8M	$153.8M	100x
Polymarket Perps SILVER-USD	+0.0050%	1h	66.039	−0.077%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.023	−0.101%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.070	−0.030%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	66.064	−0.039%	$30K	$1K	5x	as long as short
Phoenix SILVER	+0.0073%	1h	65.972	−0.179%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.045	−0.068%	$530K	$26.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.021	−0.104%	$470K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.040	−0.076%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.000	−0.136%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0100%	1h	66.047	−0.065%	$166.5M	$74.1M	25x	as long as short
Bybit XAGUSDTshort	+0.0102%	4h	66.100	+0.015%	$27.7M	$36.4M	150x
Aster XAGUSDT	+0.0117%	4h	66.080	−0.015%	$2.7M	$871K	100x	as long as short
Lighter XAG	+0.0136%	1h	66.078	−0.018%	$5.2M	$10.6M	25x	as long as short
Variational Omni XAG	+0.0157%	4h	66.083	−0.010%	$5.6M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0160%	1h	66.080	−0.015%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0168%	4h	66.080	−0.015%	$116.4M	$151.7M	1000x	as long as short
Binance XAGUSDT	+0.0169%	4h	66.088	−0.003%	$191.5M	$702.6M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.166%	$1.8M	$1.0M	20x	as long as short
edgeX XAGUSDC	+0.0178%	4h	66.051	−0.059%	$670K	$312K	30x	as long as short
Nado XAG-PERP	+0.0200%	1h	66.028	−0.094%	$1.4M	$5.8M	10x	as long as short
BloFin XAG-USDT	+0.0201%	4h	66.060	−0.045%	$2.6M	$570K	100x	as long as short
Aftermath Perps XAGUSD	+0.0203%	1h	66.035	−0.083%	$79K	$36K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0204%	4h	66.060	−0.046%	$394K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.060	−0.045%	$75K	$363K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0222%	8h	66.080	−0.015%	$27.7M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.090	0.000%	$23.9M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0261%	1h	66.088	−0.003%	$44K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0320%	1h	66.020	−0.107%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.095	+0.008%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.061	−0.044%	$909K	$687K	25x	as long as short