XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0252%/8h= +27.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.064%

Price spread now: Bitget against HTX−0.076%7-day average −0.050% · 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−$39as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.076%, 7d avg −0.050%

Together, before fees+0.087%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.026% cheaper against HTX than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.050%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.117% in total) that is about 38 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	66.030	0	get 0.0000% / 4h	3h 55m	$1.0M	$968K	75x
Short	Bitget XAGUSDT	65.980	0.0252	get 0.0126% / 4h	3h 55m	$23.9M	$45.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now −0.076%Rate

Funding earned: $52.92
Price spread: −0.076% → −0.050%: −$2.62
Slippage, 4 orders: −$12.09
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $14.21
Costs to cover: 0.361%
Break-even: 5.1 days

Slippage from HTX: live order book, 3 min ago; Bitget: 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 HTX live order book, 3 min ago	4.54 bp	10.5 bp −$11	10.5 bp −$105	13.5 bp −$1,348	doesn't fit
Sell Bitget live order book, 3 min ago	0.76 bp	6.8 bp −$7	8.9 bp −$89	14.9 bp −$1,489	41.8 bp −$20.9K

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	−0.0049%	1h	65.850	−0.273%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.942	−0.133%	$15K	—	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.980	−0.076%	$2K	$2.7M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	66.030	long leg	$1.0M	$968K	75x
Phemex XAGUSDT	0.0000%	4h	66.040	+0.015%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.921	−0.165%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.967	−0.096%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.912	−0.178%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.560%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.020	−0.015%	$794K	$3.1M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.412	+0.579%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.938	−0.139%	$165.9M	$73.9M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.933	−0.147%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.918	−0.170%	$3K	$6K	20x	as long as short
Gate XAG_USDT	+0.0056%	4h	65.980	−0.076%	$149.9M	$162.6M	100x	as long as short
QFEX SILVER-USD	+0.0060%	1h	65.960	−0.106%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	65.968	−0.094%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	65.934	−0.145%	$507K	$25.6M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	65.960	−0.106%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.903	−0.192%	$469K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.940	−0.136%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.990	−0.061%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0128%	1h	65.970	−0.091%	$5.2M	$10.6M	25x	as long as short
Bybit XAGUSDT	+0.0131%	4h	65.990	−0.061%	$27.3M	$36.2M	150x	as long as short
Paradex XAG-USD-PERP	+0.0138%	8h	65.947	−0.126%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0147%	4h	65.979	−0.077%	$2.7M	$861K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0148%	4h	66.039	+0.013%	$394K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0157%	1h	65.918	−0.170%	$1.4M	$6.2M	10x	as long as short
Hotstuff SILVER-PERP	+0.0192%	1h	65.927	−0.156%	$35K	$21K	20x	as long as short
Aevo XAG-PERP	+0.0192%	1h	65.967	−0.095%	$47K	—	10x	as long as short
Bullet SILVER-USD	+0.0202%	1h	65.980	−0.076%	$44K	$75K	10x	as long as short
Variational Omni XAG	+0.0203%	4h	65.973	−0.086%	$5.6M	$9.5M	—	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	65.960	−0.106%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	66.020	−0.015%	$1.8M	$1.0M	20x	as long as short
Binance XAGUSDT	+0.0214%	4h	65.970	−0.091%	$190.9M	$702.9M	100x	as long as short
MEXC SILVER_USDT	+0.0216%	4h	65.970	−0.091%	$112.1M	$151.5M	1000x	as long as short
edgeX XAGUSDC	+0.0221%	4h	66.033	+0.004%	$670K	$310K	30x	as long as short
Aftermath Perps XAGUSD	+0.0226%	1h	65.963	−0.102%	$79K	$36K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0235%	8h	65.970	−0.091%	$27.6M	$64.7M	50x	as long as short
BloFin XAG-USDT	+0.0249%	4h	66.000	−0.045%	$2.6M	$552K	100x	as long as short
Bitget XAGUSDTshort	+0.0252%	4h	65.980	−0.076%	$23.9M	$45.5M	100x
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	65.985	−0.068%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0384%	1h	65.960	−0.106%	$20K	$19K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0625%	1h	65.935	−0.144%	$910K	$683K	25x	as long as short