XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h +0.003%

Price spread now: Coinbase International against Nado+0.085%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$230.227% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.085%, 7d avg +0.007%

Together, before fees+0.120%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.078% dearer against Nado than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.007%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAG-PERP	66.124	0.0223	pay 0.0028% / 1h	5m 16s	$1.3M	$6.5M	10x
Short	Coinbase International SILVER-PERP-INTX	66.180	0.0192	get 0.0024% / 1h	5m 16s	$1.8M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$6.6
Price spread: +0.085% → +0.007%: $7.85
Slippage, 4 orders: −$5.74
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$21.49
Costs to cover: 0.227%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; Coinbase International: 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 Nado live order book, 4 min ago	0.08 bp	4.4 bp −$4	7.8 bp −$78	27.8 bp −$2,784	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.76 bp	5.8 bp −$6	7.6 bp −$76	doesn't fit	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	66.087	−0.055%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.140	+0.025%	$149.6M	$165.1M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.160	+0.055%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.200	+0.115%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.160	+0.055%	$1.5M	$255K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.110	−0.021%	$121K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0016%	1h	66.122	−0.003%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.106	−0.027%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.106	−0.027%	$5.2M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.418%	$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	66.160	+0.055%	$796K	$3.0M	40x	as long as short
Ondo Perps XAG-USD.P	+0.0046%	1h	66.030	−0.142%	$5.7M	$9.7M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.602	+0.723%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.136	+0.019%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.087	−0.055%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.170	+0.070%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0066%	24h	66.121	−0.004%	$544K	$24.8M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.097	−0.040%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0093%	1h	66.133	+0.014%	$165.4M	$73.8M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.113	−0.016%	$470K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	−0.021%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.150	+0.040%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0124%	4h	66.130	+0.010%	$2.7M	$878K	100x	as long as short
Paradex XAG-USD-PERP	+0.0127%	8h	66.167	+0.065%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0130%	4h	66.140	+0.025%	$26.9M	$36.1M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.155	+0.048%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.142	+0.028%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.171	+0.072%	$1.3M	$4.4M	20x	as long as short
Lighter XAG	+0.0184%	1h	66.114	−0.015%	$5.2M	$10.6M	25x	as long as short
MEXC SILVER_USDT	+0.0190%	4h	66.120	−0.006%	$106.7M	$154.1M	1000x	as long as short
Binance XAGUSDT	+0.0190%	4h	66.120	−0.006%	$191.7M	$705.4M	100x	as long as short
Coinbase International SILVER-PERP-INTXshort	+0.0192%	1h	66.180	+0.085%	$1.8M	$1.0M	20x
edgeX XAGUSDC	+0.0197%	4h	66.162	+0.058%	$671K	$314K	30x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.140	+0.025%	$63K	$336K	20x	as long as short
BloFin XAG-USDT	+0.0207%	4h	66.170	+0.070%	$2.6M	$551K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.130	+0.010%	$27.7M	$65.8M	50x	as long as short
Nado XAG-PERPlong	+0.0223%	1h	66.124	long leg	$1.3M	$6.5M	10x
Aftermath Perps XAGUSD	+0.0230%	1h	66.152	+0.044%	$80K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0240%	4h	66.130	+0.010%	$23.8M	$45.6M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0256%	4h	66.200	+0.115%	$397K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0272%	1h	66.174	+0.076%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.108	−0.024%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0360% / S −0.0387%	1h	66.175	+0.078%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0551%	1h	66.130	+0.009%	$912K	$674K	25x	as long as short