XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.33 per $10,000 · paid last 24h −0.036%

Price spread now: MEXC against GRVT−0.136%52s7-day average −0.026% · 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—prices read too far apart to compare

costs, in and out, $10k−$160.160% of the position

Long on GRVT Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 7 days+0.107%+$11 · spread now −0.136%, 7d avg −0.026%

Together, before fees+0.027%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.110% cheaper against GRVT than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.026%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XAG_USDT_Perp	66.200	0.0256	pay 0.0128% / 4h	1h 04m	$397K	$1.5M	25x
Short	MEXC SILVER_USDT	66.110	0.0190	get 0.0095% / 4h	1h 04m	$106.8M	$154.1M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.136%Rate

Funding earned: −$13.86
Price spread: −0.136% → −0.026%: −$11.01
Slippage, 4 orders: −$6.95
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: −$40.82
Costs to cover: 0.160%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago	0.75 bp	6.5 bp −$6	8.4 bp −$84	39.4 bp −$3,940	doesn't fit
Sell MEXC live order book, 4 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$75	3.4 bp −$1,695

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	66.087	−0.171%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.130	−0.106%	$149.5M	$165.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.160	−0.060%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.200	0.000%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.160	−0.060%	$1.5M	$255K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.110	−0.136%	$121K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0016%	1h	66.122	−0.118%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.106	−0.141%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.050	−0.226%	$5.2M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.302%	$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	66.160	−0.060%	$796K	$3.0M	40x	as long as short
Ondo Perps XAG-USD.P	+0.0044%	1h	66.010	−0.287%	$5.7M	$9.7M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.602	+0.607%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.136	−0.097%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.087	−0.171%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.170	−0.045%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0066%	24h	66.121	−0.119%	$544K	$24.8M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.097	−0.156%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0093%	1h	66.077	−0.186%	$165.3M	$73.8M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.062	−0.208%	$470K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.070	−0.196%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.150	−0.076%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0123%	4h	66.124	−0.115%	$2.7M	$878K	100x	as long as short
Paradex XAG-USD-PERP	+0.0126%	8h	66.109	−0.138%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0133%	4h	66.140	−0.091%	$26.9M	$36.1M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.155	−0.068%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.142	−0.087%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.111	−0.135%	$1.3M	$4.4M	20x	as long as short
Lighter XAG	+0.0184%	1h	66.106	−0.142%	$5.2M	$10.6M	25x	as long as short
Binance XAGUSDT	+0.0189%	4h	66.118	−0.124%	$191.7M	$705.7M	100x	as long as short
MEXC SILVER_USDTshort	+0.0190%	4h	66.110	−0.136%	$106.8M	$154.1M	1000x
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.180	−0.030%	$1.8M	$1.0M	20x	as long as short
edgeX XAGUSDC	+0.0197%	4h	66.162	−0.058%	$671K	$314K	30x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.140	−0.091%	$63K	$336K	20x	as long as short
BloFin XAG-USDT	+0.0207%	4h	66.170	−0.045%	$2.6M	$551K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.110	−0.136%	$27.6M	$65.8M	50x	as long as short
Nado XAG-PERP	+0.0223%	1h	66.124	−0.115%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0230%	1h	66.152	−0.072%	$80K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0238%	4h	66.110	−0.136%	$23.8M	$45.6M	100x	as long as short
GRVT XAG_USDT_Perplong	+0.0256%	4h	66.200	long leg	$397K	$1.5M	25x
Bullet SILVER-USD	+0.0272%	1h	66.174	−0.039%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.108	−0.139%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0360% / S −0.0387%	1h	66.175	−0.038%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0551%	1h	66.130	−0.106%	$912K	$674K	25x	as long as short