XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.2% APRnext payment +$0.60 per $10,000 · paid last 24h +0.006%

Price spread now: BloFin against KuCoin+0.015%80s7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as 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−$320.319% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.261%−$26 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.015%, 7d avg +0.069%

Together, before fees−0.174%−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.054% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.069%). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.261%, so the current rate has only just turned in your favour. The two prices were read 80 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	KuCoin XAGUSDTM	65.370	0.0100	pay 0.0050% / 4h	55m 43s	$25.3M	$5.0M	75x
Short	BloFin XAG-USDT	65.380	0.0220	get 0.0110% / 4h	55m 43s	$2.7M	$599K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.015%Rate

Funding earned: $25.28
Price spread: +0.015% → +0.069%: −$5.36
Slippage, 4 orders: −$7.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.98
Costs to cover: 0.319%
Break-even: 10.3 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: 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, 3 min ago	0.76 bp	8.2 bp −$8	19.2 bp −$192	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	1.53 bp	7.5 bp −$8	7.5 bp −$75	9.5 bp −$952	16.8 bp −$8,381

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	−0.0046%	1h	65.260	−0.168%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.352	−0.028%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.400	+0.046%	$27.8M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.410	+0.061%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.420	+0.076%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.420	+0.076%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.353	−0.027%	$118K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	65.360	−0.015%	$35K	$21K	20x	as long as short
Variational Omni XAG	+0.0027%	4h	65.403	+0.050%	$5.5M	$9.1M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.381	+0.017%	$4.6M	$9.7M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.349	−0.032%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.576%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	65.410	+0.061%	$141.4M	$176.4M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.390	+0.031%	$787K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0043%	4h	65.405	+0.054%	$2.7M	$954K	100x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.390	+0.031%	$152K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.821	+0.690%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.382	+0.018%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.342	−0.043%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.375	+0.008%	$29K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0054%	4h	65.390	+0.031%	$116.9M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0055%	4h	65.399	+0.044%	$191.6M	$762.3M	100x	as long as short
Phoenix SILVER	+0.0061%	1h	65.294	−0.116%	$56K	$31K	25x	as long as short
edgeX XAGUSDC	+0.0066%	4h	65.316	−0.083%	$665K	$315K	30x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.397	+0.042%	$47K	—	10x	as long as short
tradeXYZ xyz:SILVER	+0.0078%	1h	65.351	−0.029%	$170.6M	$83.3M	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.393	+0.035%	$483K	$31.5M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.230	−0.214%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.356	−0.022%	$469K	$621K	10x	as long as short
KuCoin XAGUSDTMlong	+0.0100%	4h	65.370	long leg	$25.3M	$5.0M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	65.260	−0.168%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.421	+0.078%	$1.2M	$4.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0142%	4h	65.325	−0.069%	$391K	$1.6M	25x	as long as short
Nado XAG-PERP	+0.0144%	1h	65.355	−0.023%	$1.2M	$5.0M	10x	as long as short
Lighter XAG	+0.0160%	1h	65.386	+0.025%	$5.3M	$11.1M	25x	as long as short
Hibachi XAG/USDT-P	+0.0160%	1h	65.354	−0.025%	$20K	$17K	10x	as long as short
Bitget XAGUSDT	+0.0170%	4h	65.400	+0.046%	$23.7M	$45.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0182%	8h	65.400	+0.046%	$28.2M	$70.9M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.380	+0.015%	$66K	$386K	20x	as long as short
Aftermath Perps XAGUSD	+0.0210%	1h	65.315	−0.083%	$78K	$37K	10x	as long as short
BloFin XAG-USDTshort	+0.0220%	4h	65.380	+0.015%	$2.7M	$599K	100x
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.415	+0.069%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0241%	1h	65.422	+0.080%	$44K	$75K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.381	+0.016%	$1.0M	$873K	25x	as long as short