XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0239%/8h= +26.2% APRnext payment +$0.30 per $10,000 · paid last 24h +0.031%

Price spread now: Kraken Futures against Nado−0.006%7-day average −0.038% · 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−$23as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.086%−$9 on $10k

Price spread, last 3 days (all we have)−0.038%−$4 · spread now −0.006%, 7d avg −0.038%

Together, before fees−0.124%+ Points / potential airdropNado: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 3 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAG-PERP	66.355	0.0223	pay 0.0028% / 1h	15m 45s	$1.3M	$6.5M	10x
Short	Kraken Futures PF_XAGUSD	66.351	0.0462	get 0.0058% / 1h	15m 45s	$765K	$478K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.006%Rate

Funding earned: $50.25
Price spread: −0.006% → −0.038%: $3.25
Slippage, 4 orders: −$9.56
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $26.94
Costs to cover: 0.266%
Break-even: 3.2 days

Slippage from Nado: live order book, 3 min ago; Kraken Futures: live order book, 52 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, 3 min ago	0.08 bp	4.1 bp −$4	7.6 bp −$76	27.4 bp −$2,742	doesn't fit
Sell Kraken Futures live order book, 52 min ago	2.75 bp	8.6 bp −$9	16.6 bp −$166	52.0 bp −$5,197	doesn't fit

XAG on 43 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	66.355	+0.001%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.430	+0.113%	$153.4M	$164.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	+0.053%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.420	+0.098%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.410	+0.083%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.319	−0.054%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.375	+0.031%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.397	+0.064%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.316	−0.058%	$5.4M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.068%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.390	+0.053%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.846	+0.740%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.402	+0.071%	$56K	$26K	25x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.300	−0.083%	$5.7M	$9.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.378	+0.035%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.286	−0.104%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.380	+0.038%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0062%	24h	66.371	+0.024%	$541K	$23.7M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.423	+0.103%	$1.2M	$4.4M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0099%	1h	66.377	+0.034%	$166.0M	$76.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.366	+0.017%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.370	+0.023%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.380	+0.038%	$126K	$23K	50x	as long as short
Aster XAGUSDT	+0.0133%	4h	66.362	+0.012%	$2.7M	$939K	100x	as long as short
Bybit XAGUSDT	+0.0134%	4h	66.430	+0.113%	$26.6M	$36.4M	150x	as long as short
Paradex XAG-USD-PERP	+0.0136%	8h	66.410	+0.083%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0166%	4h	66.373	+0.027%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.350	−0.007%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0178%	4h	66.420	+0.098%	$102.8M	$158.5M	1000x	as long as short
Binance XAGUSDT	+0.0180%	4h	66.420	+0.098%	$192.4M	$706.7M	100x	as long as short
edgeX XAGUSDC	+0.0184%	4h	66.421	+0.100%	$674K	$315K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	+0.083%	$1.9M	$971K	20x	as long as short
Lighter XAG	+0.0192%	1h	66.406	+0.078%	$5.3M	$10.6M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0210%	8h	66.430	+0.113%	$28.0M	$65.8M	50x	as long as short
Nado XAG-PERPlong	+0.0223%	1h	66.355	long leg	$1.3M	$6.5M	10x
Hibachi XAG/USDT-P	+0.0224%	1h	66.365	+0.015%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0233%	1h	66.381	+0.040%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0248%	4h	66.430	+0.113%	$23.9M	$46.0M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0266%	4h	66.450	+0.144%	$395K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0287%	1h	66.408	+0.080%	$46K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.405	+0.076%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.340	−0.022%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSDshort	+0.0462%	1h	66.351	−0.006%	$765K	$478K	25x