XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0062%/8h= −6.7% APRnext payment −$0.31 per $10,000 · paid last 24h −0.014%

Price spread now: Binance against GRVT+0.022%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.258% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.022%, 7d avg −0.010%

Together, before fees−0.106%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.032% dearer against GRVT than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.010%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XAG_USDT_Perp	65.335	0.0190	pay 0.0095% / 4h	2h 19m	$394K	$1.6M	25x
Short	Binance XAGUSDT	65.350	0.0128	get 0.0064% / 4h	2h 19m	$193.0M	$836.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now +0.022%Rate

Funding earned: −$12.92
Price spread: +0.022% → −0.010%: $3.18
Slippage, 4 orders: −$6.83
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$35.57
Costs to cover: 0.258%
Break-even: never at this rate

Slippage from GRVT: live order book, 2 min ago; Binance: 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 GRVT live order book, 2 min ago	0.76 bp	7.7 bp −$8	8.3 bp −$83	43.0 bp −$4,300	doesn't fit
Sell Binance live order book, 3 min ago	0.76 bp	5.8 bp −$6	5.8 bp −$58	8.5 bp −$847	21.6 bp −$10.8K

XAG on 44 exchanges

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
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−1.123%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0003%	1h	65.230	−0.161%	$5.7M	$10.4M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.257	−0.121%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.340	+0.007%	$139.2M	$199.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.360	+0.038%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.380	+0.068%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.360	+0.038%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.278	−0.089%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.332	−0.005%	$4.5M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.281	−0.084%	$5.1M	$11.6M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.330	−0.008%	$786K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.762	+0.653%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.307	−0.044%	$36K	$23K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.312	−0.036%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.281	−0.083%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.312	−0.037%	$29K	$166	5x	as long as short
QFEX SILVER-USD	+0.0062%	1h	65.330	−0.008%	$444K	$1.4M	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.300	−0.054%	$1.6M	$1.7M	20x	as long as short
Variational Omni XAG	+0.0094%	4h	65.332	−0.006%	$5.7M	$9.2M	—	as long as short
Kalshi KXSILVERPERP	+0.0096%	24h	65.332	−0.005%	$637K	$36.8M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.271	−0.099%	$465K	$574K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.310	−0.039%	$25.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.270	−0.100%	$111K	$19K	50x	as long as short
Phoenix SILVER	+0.0110%	1h	65.307	−0.044%	$55K	$13K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0122%	1h	65.292	−0.066%	$174.0M	$92.9M	25x	as long as short
MEXC SILVER_USDT	+0.0128%	4h	65.350	+0.022%	$119.6M	$166.6M	1000x	as long as short
Aevo XAG-PERP	+0.0128%	1h	65.330	−0.008%	$47K	—	10x	as long as short
Binance XAGUSDTshort	+0.0128%	4h	65.350	+0.022%	$193.0M	$836.4M	100x
Aster XAGUSDT	+0.0137%	4h	65.349	+0.020%	$2.7M	$1.1M	100x	as long as short
edgeX XAGUSDC	+0.0138%	4h	65.348	+0.019%	$666K	$314K	30x	as long as short
Nado XAG-PERP	+0.0181%	1h	65.304	−0.048%	$1.2M	$3.9M	10x	as long as short
GRVT XAG_USDT_Perplong	+0.0190%	4h	65.335	long leg	$394K	$1.6M	25x
Lighter XAG	+0.0200%	1h	65.332	−0.006%	$5.1M	$11.7M	25x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.338	+0.004%	$1.2M	$4.9M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.320	−0.024%	$77K	$411K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0211%	8h	65.350	+0.022%	$27.9M	$82.2M	50x	as long as short
Bybit XAGUSDT	+0.0215%	4h	65.370	+0.053%	$30.4M	$46.7M	150x	as long as short
Aftermath Perps XAGUSD	+0.0216%	1h	65.314	−0.033%	$78K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0246%	4h	65.350	+0.022%	$23.1M	$50.2M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0262% / S −0.0228%	1h	65.355	+0.030%	$93K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	65.280	−0.085%	$21K	$12K	10x	as long as short
Bullet SILVER-USD	+0.0276%	1h	65.353	+0.026%	$44K	$74K	10x	as long as short
BloFin XAG-USDT	+0.0368%	4h	65.360	+0.038%	$2.7M	$754K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0776%	1h	65.311	−0.038%	$1.0M	$936K	25x	as long as short