XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.058%

Price spread now: HTX against GRVT+0.023%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$370.365% of the position

Long on GRVT Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.023%, 7d avg +0.023%

Together, before fees−0.100%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XAG_USDT_Perp	66.085	0.0178	pay 0.0089% / 4h	3h 19m	$395K	$1.5M	25x
Short	HTX XAG-USDT	66.100	0	get 0.0000% / 4h	3h 19m	$1.0M	$949K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$37.38
Price spread: +0.023% → +0.023%: $0.07
Slippage, 4 orders: −$15.55
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$73.86
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; HTX: 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 GRVT live order book, 4 min ago	0.76 bp	8.1 bp −$8	8.3 bp −$83	39.0 bp −$3,904	doesn't fit
Sell HTX live order book, 5 min ago	4.54 bp	11.5 bp −$12	12.0 bp −$120	15.6 bp −$1,560	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
Ondo Perps XAG-USD.P	−0.0061%	1h	65.960	−0.188%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.145%	$14K	$66	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.100	+0.023%	$149.9M	$164.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.100	+0.023%	$2K	$2.6M	20x	as long as short
HTX XAG-USDTshort	0.0000%	4h	66.100	+0.023%	$1.0M	$949K	75x
Phemex XAGUSDT	0.0000%	4h	66.090	+0.008%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.026	−0.088%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.074	−0.016%	$4.7M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.027	−0.087%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.477%	$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	66.080	−0.007%	$795K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.513	+0.648%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.052	−0.049%	$166.4M	$74.0M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.045	−0.060%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.025	−0.090%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	66.074	−0.016%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.070	−0.022%	$114K	$2.7M	20x	as long as short
Hotstuff SILVER-PERP	+0.0072%	1h	66.049	−0.054%	$35K	$21K	20x	as long as short
Phoenix SILVER	+0.0073%	1h	65.995	−0.136%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	66.054	−0.046%	$518K	$26.1M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.093	+0.013%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	66.035	−0.075%	$470K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.050	−0.052%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.030	−0.083%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	66.078	−0.009%	$5.2M	$10.8M	25x	as long as short
Bybit XAGUSDT	+0.0115%	4h	66.120	+0.054%	$27.8M	$36.5M	150x	as long as short
Aster XAGUSDT	+0.0124%	4h	66.089	+0.007%	$2.7M	$866K	100x	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.073	−0.018%	$47K	—	10x	as long as short
Nado XAG-PERP	+0.0169%	1h	66.051	−0.051%	$1.4M	$5.8M	10x	as long as short
BloFin XAG-USDT	+0.0170%	4h	66.060	−0.037%	$2.6M	$563K	100x	as long as short
Variational Omni XAG	+0.0171%	4h	66.073	−0.017%	$5.7M	$9.5M	—	as long as short
GRVT XAG_USDT_Perplong	+0.0178%	4h	66.085	long leg	$395K	$1.5M	25x
MEXC SILVER_USDT	+0.0180%	4h	66.090	+0.008%	$114.9M	$152.7M	1000x	as long as short
Binance XAGUSDT	+0.0180%	4h	66.090	+0.008%	$190.9M	$701.9M	100x	as long as short
Aftermath Perps XAGUSD	+0.0187%	1h	66.020	−0.097%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0187%	4h	66.071	−0.021%	$670K	$311K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	66.030	−0.083%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0225%	8h	66.090	+0.008%	$27.7M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0226%	1h	66.095	+0.016%	$45K	$75K	10x	as long as short
Bitget XAGUSDT	+0.0228%	4h	66.090	+0.008%	$23.9M	$45.2M	100x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.037	−0.072%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.080	−0.007%	$75K	$363K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.095	+0.016%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0623%	1h	66.056	−0.044%	$912K	$683K	25x	as long as short