XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.022%

Price spread now: BloFin against GRVT−0.045%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

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

costs, in and out, $10k−$280.284% of the position

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.268%−$27 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.045%, 7d avg −0.017%

Together, before fees−0.193%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.029% cheaper against GRVT than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.017%). If the spread goes back, that is −$3 on $10k: about 6.1 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.268%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XAG_USDT_Perp	65.700	0.0190	pay 0.0095% / 4h	2h 31m	$390K	$1.5M	25x
Short	BloFin XAG-USDT	65.670	0.0206	get 0.0103% / 4h	2h 31m	$2.6M	$605K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.045%Rate

Funding earned: $3.31
Price spread: −0.045% → −0.017%: −$2.86
Slippage, 4 orders: −$7.4
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$27.96
Costs to cover: 0.284%
Break-even: 66.2 days

Slippage from GRVT: live order book, 2 min ago; BloFin: live order book, 2 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	6.8 bp −$7	6.8 bp −$68	45.4 bp −$4,544	doesn't fit
Sell BloFin live order book, 2 min ago	0.76 bp	6.8 bp −$7	7.3 bp −$73	13.4 bp −$1,338	21.7 bp −$10.9K

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	−0.0036%	1h	65.570	−0.198%	$5.6M	$9.4M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.597	−0.157%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.680	−0.030%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.720	+0.031%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.690	−0.015%	$1.5M	$264K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.610	−0.137%	$120K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.692	−0.012%	$1.3M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.660	−0.061%	$4.7M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.652	−0.073%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.066%	$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	65.634	−0.100%	$56K	$26K	25x	as long as short
Gate XAG_USDT	+0.0038%	4h	65.720	+0.031%	$147.2M	$165.0M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.600	−0.152%	$788K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.103	+0.614%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.654	−0.070%	$3.9M	$701K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.607	−0.141%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.670	−0.045%	$156K	$2.8M	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.560	−0.213%	$35K	$21K	20x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	65.675	−0.037%	$29K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0065%	1h	65.665	−0.053%	$166.2M	$76.2M	25x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	65.655	−0.068%	$569K	$27.3M	8.1x	as long as short
Bybit XAGUSDT	+0.0085%	4h	65.740	+0.061%	$28.4M	$38.4M	150x	as long as short
Aster XAGUSDT	+0.0098%	4h	65.690	−0.015%	$2.7M	$926K	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.632	−0.103%	$468K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.670	−0.045%	$24.7M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.600	−0.152%	$112K	$30K	50x	as long as short
Lighter XAG	+0.0120%	1h	65.668	−0.048%	$5.4M	$11.0M	25x	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.734	+0.053%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0137%	4h	65.665	−0.053%	$5.6M	$9.5M	—	as long as short
MEXC SILVER_USDT	+0.0146%	4h	65.730	+0.046%	$117.4M	$153.5M	1000x	as long as short
Binance XAGUSDT	+0.0147%	4h	65.720	+0.031%	$189.6M	$719.0M	100x	as long as short
edgeX XAGUSDC	+0.0157%	4h	65.780	+0.123%	$669K	$313K	30x	as long as short
Nado XAG-PERP	+0.0159%	1h	65.639	−0.093%	$1.3M	$5.5M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.640	−0.091%	$1.7M	$1.3M	20x	as long as short
GRVT XAG_USDT_Perplong	+0.0190%	4h	65.700	long leg	$390K	$1.5M	25x
BloFin XAG-USDTshort	+0.0206%	4h	65.670	−0.045%	$2.6M	$605K	100x
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.650	−0.076%	$72K	$366K	20x	as long as short
Bitget XAGUSDT	+0.0212%	4h	65.730	+0.046%	$24.5M	$46.8M	100x	as long as short
Aftermath Perps XAGUSD	+0.0214%	1h	65.800	+0.152%	$79K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0219%	8h	65.730	+0.046%	$27.4M	$68.4M	50x	as long as short
Bullet SILVER-USD	+0.0229%	1h	65.693	−0.010%	$43K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0352%	1h	65.608	−0.140%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0366% / S −0.0360%	1h	65.675	−0.038%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0469%	1h	65.655	−0.068%	$918K	$748K	25x	as long as short