XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.16 per $10,000 · paid last 24h −0.031%

Price spread now: Extended against Nado−0.034%7-day average −0.037% · you buy dearer than you sell

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

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

costs, in and out, $10k−$160.162% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.033%−$3 on $10k

Price spread, last 7 days+0.010%+$1 · spread now −0.034%, 7d avg −0.037%

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

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAG-PERP	65.080	0.0162	pay 0.0020% / 1h	15m 11s	$1.2M	$4.7M	10x
Short	Extended XAG-USD	65.057	0.0032	get 0.0004% / 1h	15m 11s	$5.0M	$11.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$27.28
Price spread: −0.034% → −0.037%: $0.25
Slippage, 4 orders: −$4.21
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$43.24
Costs to cover: 0.162%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; Extended: 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 Nado live order book, 4 min ago	0.31 bp	5.1 bp −$5	9.4 bp −$94	32.7 bp −$3,268	doesn't fit
Sell Extended live order book, 4 min ago	0.08 bp	2.6 bp −$3	4.4 bp −$44	11.3 bp −$1,127	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	65.010	−0.107%	$5.6M	$9.8M	25x	as long as short
Hotstuff SILVER-PERP	−0.0016%	1h	65.081	+0.002%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.070	−0.015%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.130	+0.077%	$27.7M	$39.1M	150x	as long as short
Variational Omni XAG	0.0000%	4h	65.125	+0.069%	$5.5M	$9.1M	—	as long as short
SunX XAG-USDT	0.0000%	4h	65.110	+0.047%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.160	+0.123%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.120	+0.062%	$1.5M	$279K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.058	−0.033%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0026%	4h	65.130	+0.077%	$140.4M	$181.3M	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	65.114	+0.052%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USDshort	+0.0032%	1h	65.057	−0.034%	$5.0M	$11.7M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.029%	$11K	$94K	52x	as long as short
MEXC SILVER_USDT	+0.0034%	4h	65.120	+0.062%	$127.0M	$160.9M	1000x	as long as short
Binance XAGUSDT	+0.0035%	4h	65.119	+0.060%	$191.3M	$756.4M	100x	as long as short
edgeX XAGUSDC	+0.0037%	4h	65.135	+0.084%	$663K	$314K	30x	as long as short
Aster XAGUSDT	+0.0038%	4h	65.126	+0.072%	$2.7M	$976K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.130	+0.077%	$783K	$2.9M	40x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.110	+0.047%	$160K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.523	+0.681%	—	—	25x	as long as short
Aevo XAG-PERP	+0.0048%	1h	65.105	+0.039%	$47K	—	10x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.083	+0.005%	$3.8M	$892K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.058	−0.033%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.091	+0.017%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.101	+0.033%	$56K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	65.081	+0.002%	$173.0M	$84.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0080%	24h	65.084	+0.007%	$482K	$32.2M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	64.970	−0.169%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.056	−0.036%	$463K	$600K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.070	−0.015%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.070	−0.015%	$111K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.119	+0.061%	$1.2M	$4.8M	20x	as long as short
BloFin XAG-USDT	+0.0139%	4h	65.100	+0.031%	$2.7M	$624K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0142%	4h	65.140	+0.093%	$394K	$1.6M	25x	as long as short
Bitget XAGUSDT	+0.0158%	4h	65.120	+0.062%	$23.2M	$44.9M	100x	as long as short
Nado XAG-PERPlong	+0.0162%	1h	65.080	long leg	$1.2M	$4.7M	10x
OKX XAG-USDT-SWAP	+0.0171%	8h	65.120	+0.062%	$28.4M	$70.3M	50x	as long as short
Lighter XAG	+0.0184%	1h	65.118	+0.059%	$5.3M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0193%	1h	65.094	+0.022%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0211%	1h	65.100	+0.031%	$65K	$396K	20x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.089	+0.014%	$20K	$17K	10x	as long as short
Bullet SILVER-USD	+0.0235%	1h	65.117	+0.058%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.115	+0.054%	$92K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0364%	1h	65.086	+0.010%	$1.0M	$869K	25x	as long as short