XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.033%

Price spread now: Bitget against MEXC−0.015%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$160.163% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.015%, 7d avg +0.014%

Together, before fees+0.065%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.029% cheaper against MEXC than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.014%). If the spread goes back, that is −$3 on $10k: about 47 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SILVER_USDT	66.230	0.0190	pay 0.0095% / 4h	1h 12m	$106.2M	$153.9M	1000x
Short	Bitget XAGUSDT	66.220	0.0240	get 0.0120% / 4h	1h 12m	$23.8M	$45.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.015%Rate

Funding earned: $10.5
Price spread: −0.015% → +0.014%: −$2.95
Slippage, 4 orders: −$4.27
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$8.72
Costs to cover: 0.163%
Break-even: 12.8 days

Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 1 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 MEXC live order book, 2 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$75	3.2 bp −$1,611
Sell Bitget live order book, 1 min ago	0.75 bp	8.0 bp −$8	9.4 bp −$94	15.8 bp −$1,577	42.9 bp −$21.5K

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	66.212	−0.028%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.240	+0.015%	$149.9M	$165.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.250	+0.030%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.280	+0.075%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.270	+0.060%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.180	−0.075%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.221	−0.013%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.168	−0.094%	$5.2M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.257%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.209	−0.032%	$35K	$21K	20x	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	66.210	−0.030%	$796K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.660	+0.649%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.177	−0.080%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.177	−0.080%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.140	−0.136%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.210	−0.030%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0065%	24h	66.207	−0.035%	$543K	$24.8M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.217	−0.020%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0092%	1h	66.182	−0.072%	$165.9M	$73.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.172	−0.088%	$471K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.210	−0.030%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.270	+0.060%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0124%	4h	66.240	+0.015%	$26.9M	$36.1M	150x	as long as short
Paradex XAG-USD-PERP	+0.0125%	8h	66.226	−0.007%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0127%	4h	66.230	0.000%	$2.7M	$874K	100x	as long as short
BloFin XAG-USDT	+0.0165%	4h	66.280	+0.075%	$2.6M	$552K	100x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.242	+0.017%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0180%	4h	66.272	+0.064%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.230	0.000%	$1.3M	$4.4M	20x	as long as short
Lighter XAG	+0.0184%	1h	66.218	−0.018%	$5.2M	$10.5M	25x	as long as short
Binance XAGUSDT	+0.0190%	4h	66.220	−0.015%	$191.9M	$705.8M	100x	as long as short
MEXC SILVER_USDTlong	+0.0190%	4h	66.230	long leg	$106.2M	$153.9M	1000x
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.220	−0.015%	$1.8M	$1.0M	20x	as long as short
edgeX XAGUSDC	+0.0202%	4h	66.279	+0.074%	$672K	$315K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	66.220	−0.015%	$27.8M	$65.9M	50x	as long as short
Nado XAG-PERP	+0.0219%	1h	66.183	−0.071%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0226%	1h	66.237	+0.011%	$80K	$37K	10x	as long as short
Bitget XAGUSDTshort	+0.0240%	4h	66.220	−0.015%	$23.8M	$45.7M	100x
GRVT XAG_USDT_Perp	+0.0260%	4h	66.300	+0.106%	$390K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0270%	1h	66.226	−0.006%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0280%	1h	66.198	−0.048%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.230	0.000%	$50K	$322K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0356% / S −0.0381%	1h	66.255	+0.038%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.221	−0.013%	$914K	$671K	25x	as long as short