XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.006%

Price spread now: Binance against KuCoin+0.031%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 7 days+0.028%+$3 · spread now +0.031%, 7d avg +0.071%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.071%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XAGUSDTM	65.340	0.0100	pay 0.0050% / 4h	1h 12m	$25.3M	$5.0M	75x
Short	Binance XAGUSDT	65.360	0.0057	get 0.0029% / 4h	1h 12m	$191.3M	$764.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.031%Rate

Funding earned: −$8.98
Price spread: +0.031% → +0.071%: −$4
Slippage, 4 orders: −$6.5
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$41.48
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: 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 KuCoin live order book, 2 min ago	0.76 bp	7.4 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.76 bp	5.8 bp −$6	5.8 bp −$58	8.5 bp −$854	19.7 bp −$9,831

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	−0.0077%	1h	65.240	−0.153%	$5.6M	$9.7M	25x	as long as short
Hibachi XAG/USDT-P	−0.0032%	1h	65.349	+0.014%	$20K	$19K	10x	as long as short
dYdX XAG-USD	0.0000%	1h	65.303	−0.057%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.360	+0.031%	$27.8M	$39.7M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.360	+0.031%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.400	+0.092%	$1.1M	$1.2M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.370	+0.046%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.344	+0.006%	$118K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0008%	1h	65.376	+0.055%	$35K	$21K	20x	as long as short
Variational Omni XAG	+0.0026%	4h	65.374	+0.051%	$5.5M	$9.4M	—	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDT	+0.0028%	4h	65.370	+0.046%	$141.1M	$183.9M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.375	+0.054%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.291	−0.075%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.622%	$11K	$94K	52x	as long as short
Aster XAGUSDT	+0.0039%	4h	65.371	+0.048%	$2.7M	$975K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.410	+0.107%	$787K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.776	+0.667%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.370	+0.046%	$152K	$2.8M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.321	−0.029%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.283	−0.087%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0054%	1h	65.315	−0.038%	$170.3M	$83.7M	25x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.366	+0.040%	$29K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0056%	4h	65.350	+0.015%	$116.9M	$157.7M	1000x	as long as short
Binance XAGUSDTshort	+0.0057%	4h	65.360	+0.031%	$191.3M	$764.6M	100x
RISEx XAG/USDC	+0.0061%	1h	65.397	+0.087%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.356	+0.024%	$56K	$31K	25x	as long as short
edgeX XAGUSDC	+0.0072%	4h	65.370	+0.046%	$665K	$315K	30x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.354	+0.022%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0078%	24h	65.363	+0.035%	$493K	$31.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.325	−0.023%	$469K	$628K	10x	as long as short
KuCoin XAGUSDTMlong	+0.0100%	4h	65.340	long leg	$25.3M	$5.0M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	65.340	0.000%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.290	−0.077%	$1.6M	$1.4M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0126%	4h	65.425	+0.131%	$391K	$1.6M	25x	as long as short
Nado XAG-PERP	+0.0140%	1h	65.335	−0.007%	$1.2M	$5.1M	10x	as long as short
Lighter XAG	+0.0152%	1h	65.383	+0.066%	$5.3M	$11.6M	25x	as long as short
Bitget XAGUSDT	+0.0172%	4h	65.350	+0.015%	$23.7M	$46.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0183%	8h	65.370	+0.046%	$28.0M	$71.0M	50x	as long as short
Bullet SILVER-USD	+0.0194%	1h	65.356	+0.024%	$44K	$76K	10x	as long as short
Aftermath Perps XAGUSD	+0.0211%	1h	65.333	−0.010%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0225%	4h	65.400	+0.092%	$2.6M	$601K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.355	+0.023%	$93K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0363%	1h	65.340	0.000%	$65K	$381K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.326	−0.021%	$915K	$746K	25x	as long as short