XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.022%

Price spread now: GRVT against MEXC+0.031%82s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as 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−$160.161% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.031%, 7d avg +0.025%

Together, before fees+0.022%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 82 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	65.120	0.0034	pay 0.0017% / 4h	16m 12s	$127.0M	$160.9M	1000x
Short	GRVT XAG_USDT_Perp	65.140	0.0142	get 0.0071% / 4h	16m 12s	$394K	$1.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.031%Rate

Funding earned: $22.68
Price spread: +0.031% → +0.025%: $0.55
Slippage, 4 orders: −$7.14
Fee MEXC: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $7.09
Costs to cover: 0.161%
Break-even: 4.8 days

Slippage from MEXC: live order book, 3 min ago; GRVT: 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 MEXC live order book, 3 min ago	0.77 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$77	2.8 bp −$1,387
Sell GRVT live order book, 2 min ago	0.77 bp	6.4 bp −$6	6.8 bp −$68	40.8 bp −$4,084	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
Ondo Perps XAG-USD.P	−0.0030%	1h	65.020	−0.154%	$5.6M	$9.8M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.070	−0.077%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.130	+0.015%	$27.7M	$39.1M	150x	as long as short
Variational Omni XAG	0.0000%	4h	65.124	+0.006%	$5.5M	$9.1M	—	as long as short
SunX XAG-USDT	0.0000%	4h	65.120	0.000%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.160	+0.061%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.140	+0.031%	$1.5M	$279K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.072	−0.074%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0026%	4h	65.130	+0.015%	$140.4M	$181.3M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.130	+0.016%	$4.6M	$9.9M	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	65.071	−0.076%	$5.0M	$11.7M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	65.099	−0.032%	$35K	$21K	20x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.966%	$11K	$94K	52x	as long as short
MEXC SILVER_USDTlong	+0.0034%	4h	65.120	long leg	$127.0M	$160.9M	1000x
Binance XAGUSDT	+0.0035%	4h	65.128	+0.013%	$191.3M	$757.2M	100x	as long as short
Aster XAGUSDT	+0.0037%	4h	65.135	+0.022%	$2.7M	$976K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.160	+0.061%	$784K	$2.9M	40x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.120	0.000%	$160K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.543	+0.650%	—	—	25x	as long as short
Aevo XAG-PERP	+0.0048%	1h	65.118	−0.004%	$47K	—	10x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.088	−0.049%	$3.8M	$892K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.073	−0.072%	$3K	$6K	20x	as long as short
edgeX XAGUSDC	+0.0050%	4h	65.121	+0.001%	$663K	$314K	30x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.106	−0.021%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.070	−0.077%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	65.095	−0.038%	$173.0M	$84.7M	25x	as long as short
Kalshi KXSILVERPERP	+0.0080%	24h	65.097	−0.035%	$482K	$32.2M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	64.970	−0.230%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.066	−0.082%	$463K	$600K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.080	−0.061%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.070	−0.077%	$111K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.135	+0.022%	$1.2M	$4.8M	20x	as long as short
BloFin XAG-USDT	+0.0139%	4h	65.110	−0.015%	$2.7M	$625K	100x	as long as short
GRVT XAG_USDT_Perpshort	+0.0142%	4h	65.140	+0.031%	$394K	$1.6M	25x
Bitget XAGUSDT	+0.0158%	4h	65.130	+0.015%	$23.2M	$44.9M	100x	as long as short
Nado XAG-PERP	+0.0163%	1h	65.090	−0.046%	$1.2M	$4.7M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0171%	8h	65.130	+0.015%	$28.4M	$70.5M	50x	as long as short
Lighter XAG	+0.0184%	1h	65.140	+0.031%	$5.3M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0192%	1h	65.111	−0.014%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0211%	1h	65.110	−0.015%	$65K	$395K	20x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.115	−0.008%	$20K	$17K	10x	as long as short
Bullet SILVER-USD	+0.0235%	1h	65.141	+0.032%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.125	+0.008%	$92K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0364%	1h	65.100	−0.031%	$1.0M	$869K	25x	as long as short