XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.034%

Price spread now: Gate against MEXC+0.046%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$180.181% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 7 days−0.025%−$2 · spread now +0.046%, 7d avg +0.028%

Together, before fees−0.046%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SILVER_USDT	65.270	0.0054	pay 0.0027% / 4h	1h 02m	$116.6M	$158.1M	1000x
Short	Gate XAG_USDT	65.300	0.0030	get 0.0015% / 4h	1h 02m	$141.2M	$184.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.046%Rate

Funding earned: −$5.04
Price spread: +0.046% → +0.028%: $1.77
Slippage, 4 orders: −$3.08
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$21.36
Costs to cover: 0.181%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Gate: 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, 1 min ago	0.77 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$77	2.7 bp −$1,374
Sell Gate live order book, 1 min ago	0.77 bp	8.3 bp −$8	9.6 bp −$96	10.5 bp −$1,046	12.5 bp −$6,243

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	−0.0072%	1h	65.180	−0.138%	$5.6M	$9.6M	25x	as long as short
Hotstuff SILVER-PERP	−0.0008%	1h	65.239	−0.047%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.174	−0.147%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.280	+0.015%	$27.8M	$39.5M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.220	−0.077%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.240	−0.046%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.290	+0.031%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.209	−0.093%	$118K	—	250x	as long as short
Gate XAG_USDTshort	+0.0030%	4h	65.300	+0.046%	$141.2M	$184.5M	100x
Variational Omni XAG	+0.0031%	4h	65.344	+0.113%	$5.5M	$9.3M	—	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	65.259	−0.017%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.207	−0.096%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.731%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.280	+0.015%	$785K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0040%	4h	65.280	+0.015%	$2.7M	$976K	100x	as long as short
Vest SI-PERP	+0.0046%	1h	65.646	+0.576%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.290	+0.031%	$152K	$1.4M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.194	−0.116%	$3.8M	$854K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.166	−0.159%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.250	−0.030%	$29K	$1K	5x	as long as short
MEXC SILVER_USDTlong	+0.0054%	4h	65.270	long leg	$116.6M	$158.1M	1000x
Binance XAGUSDT	+0.0055%	4h	65.270	0.000%	$191.3M	$762.9M	100x	as long as short
edgeX XAGUSDC	+0.0057%	4h	65.322	+0.079%	$665K	$313K	30x	as long as short
tradeXYZ xyz:SILVER	+0.0060%	1h	65.239	−0.047%	$170.3M	$83.1M	25x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.299	+0.044%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.287	+0.026%	$56K	$31K	25x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.224	−0.071%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0078%	24h	65.219	−0.078%	$477K	$31.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.210	−0.092%	$468K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.230	−0.061%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.310	+0.061%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.290	+0.031%	$1.6M	$1.4M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0138%	4h	65.328	+0.089%	$391K	$1.6M	25x	as long as short
Nado XAG-PERP	+0.0151%	1h	65.177	−0.143%	$1.2M	$5.1M	10x	as long as short
Lighter XAG	+0.0160%	1h	65.272	+0.004%	$5.3M	$11.6M	25x	as long as short
Hibachi XAG/USDT-P	+0.0168%	1h	65.228	−0.064%	$20K	$19K	10x	as long as short
Bitget XAGUSDT	+0.0170%	4h	65.270	0.000%	$23.7M	$46.3M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0183%	8h	65.280	+0.015%	$28.1M	$70.9M	50x	as long as short
Bullet SILVER-USD	+0.0204%	1h	65.230	−0.061%	$44K	$75K	10x	as long as short
Aftermath Perps XAGUSD	+0.0215%	1h	65.272	+0.002%	$78K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0218%	4h	65.260	−0.015%	$2.6M	$590K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.215	−0.084%	$93K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0364%	1h	65.220	−0.077%	$65K	$384K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0494%	1h	65.202	−0.104%	$1.0M	$877K	25x	as long as short