XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0182%/8h= +20.0% APRnext payment +$0.91 per $10,000 · paid last 24h 0.000%

Price spread now: BloFin against MEXC−0.061%94s7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as 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−$180.181% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$19 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.061%, 7d avg +0.033%

Together, before fees−0.073%−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.094% cheaper against MEXC than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.033%). If the spread goes back, that is −$9 on $10k: about 41 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.195%, so the current rate has only just turned in your favour. The two prices were read 94 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	MEXC SILVER_USDT	65.380	0.0060	pay 0.0030% / 4h	1h 23m	$116.2M	$157.5M	1000x
Short	BloFin XAG-USDT	65.340	0.0242	get 0.0121% / 4h	1h 23m	$2.6M	$611K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.061%Rate

Funding earned: $38.27
Price spread: −0.061% → +0.033%: −$9.41
Slippage, 4 orders: −$6.12
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $10.74
Costs to cover: 0.181%
Break-even: 5.0 days

Slippage from MEXC: live order book, 5 min ago; BloFin: 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 MEXC live order book, 5 min ago	0.76 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$76	3.2 bp −$1,623
Sell BloFin live order book, 4 min ago	2.30 bp	8.3 bp −$8	8.3 bp −$83	8.8 bp −$878	14.6 bp −$7,302

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
Hibachi XAG/USDT-P	−0.0176%	1h	65.320	−0.092%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0087%	1h	65.240	−0.214%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0040%	1h	65.321	−0.090%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.295	−0.130%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.400	+0.031%	$27.9M	$40.0M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.370	−0.015%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.410	+0.046%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.390	+0.015%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.320	−0.093%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0026%	4h	65.400	+0.031%	$141.1M	$182.7M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.384	+0.007%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.333	−0.072%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.560%	$11K	$94K	52x	as long as short
Variational Omni XAG	+0.0035%	4h	65.364	−0.025%	$5.5M	$9.4M	—	as long as short
Aster XAGUSDT	+0.0038%	4h	65.356	−0.036%	$2.7M	$975K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.360	−0.031%	$786K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.776	+0.606%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.350	−0.046%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.354	−0.040%	$170.4M	$83.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.316	−0.098%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.313	−0.102%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	65.369	−0.017%	$29K	$1K	5x	as long as short
Binance XAGUSDT	+0.0058%	4h	65.390	+0.015%	$191.0M	$763.7M	100x	as long as short
MEXC SILVER_USDTlong	+0.0060%	4h	65.380	long leg	$116.2M	$157.5M	1000x
RISEx XAG/USDC	+0.0061%	1h	65.368	−0.018%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.347	−0.050%	$56K	$31K	25x	as long as short
edgeX XAGUSDC	+0.0066%	4h	65.342	−0.059%	$665K	$312K	30x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.364	−0.024%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.330	−0.076%	$517K	$31.0M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.333	−0.073%	$467K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.360	−0.031%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.290	−0.138%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0116%	4h	65.363	−0.026%	$385K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.320	−0.092%	$1.6M	$1.4M	20x	as long as short
Nado XAG-PERP	+0.0129%	1h	65.320	−0.092%	$1.2M	$5.4M	10x	as long as short
Lighter XAG	+0.0144%	1h	65.388	+0.013%	$5.4M	$11.4M	25x	as long as short
Bitget XAGUSDT	+0.0174%	4h	65.390	+0.015%	$23.8M	$46.4M	100x	as long as short
Bullet SILVER-USD	+0.0179%	1h	65.365	−0.023%	$44K	$76K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0183%	8h	65.380	0.000%	$28.0M	$70.7M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.350	−0.046%	$65K	$379K	20x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	65.331	−0.075%	$79K	$37K	10x	as long as short
BloFin XAG-USDTshort	+0.0242%	4h	65.340	−0.061%	$2.6M	$611K	100x
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.365	−0.023%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.333	−0.072%	$915K	$746K	25x	as long as short