XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.53 per $10,000 · paid last 24h +0.025%

Price spread now: Bybit against HTX−0.045%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.045%, 7d avg −0.044%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	66.090	0	get 0.0000% / 4h	2h 59m	$1.1M	$1.1M	75x
Short	Bybit XAGUSDT	66.060	0.0105	get 0.0053% / 4h	2h 59m	$27.8M	$36.4M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.045%Rate

Funding earned: $22.06
Price spread: −0.045% → −0.044%: −$0.13
Slippage, 4 orders: −$18.6
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$19.68
Costs to cover: 0.416%
Break-even: 13.2 days

Slippage from HTX: live order book, 4 min ago; Bybit: 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 HTX live order book, 4 min ago	4.54 bp	14.8 bp −$15	21.6 bp −$216	37.9 bp −$3,795	doesn't fit
Sell Bybit live order book, 4 min ago	0.76 bp	6.3 bp −$6	8.6 bp −$86	18.0 bp −$1,799	70.1 bp −$35.1K

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	65.940	−0.227%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.154%	$14K	$66	5x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.021	−0.104%	$35K	$21K	20x	as long as short
SunX XAG-USDT	0.0000%	4h	66.060	−0.045%	$2K	$2.6M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	66.090	long leg	$1.1M	$1.1M	75x
Phemex XAGUSDT	0.0000%	4h	66.050	−0.061%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.980	−0.167%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.049	−0.063%	$4.8M	$9.2M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.980	−0.167%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.469%	$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	66.060	−0.045%	$795K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.474	+0.581%	—	—	25x	as long as short
Gate XAG_USDT	+0.0046%	4h	66.060	−0.045%	$149.6M	$164.6M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.018	−0.109%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.977	−0.171%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	66.039	−0.077%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.030	−0.091%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0073%	1h	66.004	−0.130%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.014	−0.115%	$530K	$26.7M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.056	−0.051%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.994	−0.146%	$469K	$604K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.010	−0.121%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.030	−0.091%	$113K	$30K	50x	as long as short
Bybit XAGUSDTshort	+0.0105%	4h	66.060	−0.045%	$27.8M	$36.4M	150x
Aster XAGUSDT	+0.0118%	4h	66.051	−0.059%	$2.7M	$871K	100x	as long as short
Lighter XAG	+0.0120%	1h	66.040	−0.075%	$5.2M	$10.6M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0134%	1h	66.017	−0.110%	$166.5M	$74.0M	25x	as long as short
Variational Omni XAG	+0.0158%	4h	66.053	−0.055%	$5.6M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0160%	1h	66.033	−0.087%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0170%	4h	66.040	−0.076%	$116.3M	$153.1M	1000x	as long as short
Binance XAGUSDT	+0.0171%	4h	66.049	−0.062%	$191.0M	$702.6M	100x	as long as short
edgeX XAGUSDC	+0.0176%	4h	66.048	−0.063%	$670K	$312K	30x	as long as short
Nado XAG-PERP	+0.0187%	1h	66.011	−0.120%	$1.4M	$5.8M	10x	as long as short
Aftermath Perps XAGUSD	+0.0199%	1h	66.032	−0.087%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.020	−0.106%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.980	−0.166%	$1.8M	$1.0M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0210%	4h	66.073	−0.026%	$395K	$1.5M	25x	as long as short
BloFin XAG-USDT	+0.0221%	4h	66.070	−0.030%	$2.6M	$570K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0224%	8h	66.050	−0.061%	$27.8M	$64.5M	50x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.050	−0.061%	$23.9M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0237%	1h	66.056	−0.051%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0312%	1h	66.020	−0.106%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.045	−0.068%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.019	−0.108%	$910K	$685K	25x	as long as short