XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.030%

Price spread now: HTX against KuCoin+0.151%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.129%−$13 on $10k

Price spread, last 4 days (all we have)+0.075%+$7 · spread now +0.151%, 7d avg +0.111%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.111%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XAGUSDTM	66.160	0.0100	pay 0.0050% / 4h	1h 46m	$24.5M	$4.5M	75x
Short	HTX XAG-USDT	66.260	0	get 0.0000% / 4h	1h 46m	$1.0M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.151%Rate

Funding earned: −$21
Price spread: +0.151% → +0.111%: $4.03
Slippage, 4 orders: −$15.18
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$56.16
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; HTX: 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 KuCoin live order book, 3 min ago	0.75 bp	8.5 bp −$8	21.9 bp −$219	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	2.26 bp	14.1 bp −$14	14.3 bp −$143	18.8 bp −$1,884	doesn't fit

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	66.178	+0.027%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.220	+0.091%	$150.9M	$161.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.200	+0.060%	$2K	$2.7M	20x	as long as short
HTX XAG-USDTshort	0.0000%	4h	66.260	+0.151%	$1.0M	$1.1M	75x
Phemex XAGUSDT	0.0000%	4h	66.240	+0.121%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.135	−0.038%	$121K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0030%	1h	66.100	−0.091%	$5.7M	$9.7M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.181	+0.032%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.132	−0.043%	$5.3M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.363%	$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	66.220	+0.091%	$797K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.641	+0.727%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.168	+0.012%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.129	−0.047%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.200	+0.060%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0064%	24h	66.169	+0.014%	$546K	$24.5M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	66.178	+0.027%	$35K	$21K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0082%	1h	66.163	+0.005%	$165.7M	$74.8M	25x	as long as short
Phoenix SILVER	+0.0084%	1h	66.206	+0.070%	$56K	$26K	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.157	−0.005%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTMlong	+0.0100%	4h	66.160	long leg	$24.5M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.170	+0.015%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0134%	8h	66.201	+0.062%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0135%	4h	66.213	+0.080%	$2.7M	$894K	100x	as long as short
Bybit XAGUSDT	+0.0145%	4h	66.210	+0.076%	$26.7M	$36.1M	150x	as long as short
Lighter XAG	+0.0168%	1h	66.189	+0.043%	$5.3M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.192	+0.048%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0176%	4h	66.242	+0.124%	$5.5M	$9.7M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.210	+0.076%	$1.2M	$4.4M	20x	as long as short
MEXC SILVER_USDT	+0.0188%	4h	66.190	+0.045%	$110.5M	$151.9M	1000x	as long as short
Binance XAGUSDT	+0.0189%	4h	66.204	+0.066%	$191.6M	$703.7M	100x	as long as short
edgeX XAGUSDC	+0.0192%	4h	66.221	+0.093%	$672K	$315K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.350	+0.287%	$1.9M	$972K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.210	+0.076%	$27.8M	$65.5M	50x	as long as short
Aftermath Perps XAGUSD	+0.0235%	1h	66.205	+0.068%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0238%	1h	66.161	+0.002%	$1.3M	$6.6M	10x	as long as short
BloFin XAG-USDT	+0.0243%	4h	66.240	+0.121%	—	$559K	100x	as long as short
Bitget XAGUSDT	+0.0250%	4h	66.200	+0.060%	$23.8M	$46.1M	100x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	66.170	+0.015%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0260%	1h	66.206	+0.070%	$46K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0278%	4h	66.277	+0.177%	$400K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0332% / S −0.0344%	1h	66.205	+0.068%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0506%	1h	66.190	+0.045%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.166	+0.009%	$763K	$475K	25x	as long as short