XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.15 per $10,000 · paid last 24h −0.040%

Price spread now: Phoenix against Nado+0.015%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 57 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	Nado XAG-PERP	66.482	0.0166	pay 0.0021% / 1h	27m 37s	$1.3M	$6.5M	10x
Short	Phoenix SILVER	66.492	0.0048	get 0.0006% / 1h	27m 37s	$56K	$26K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$24.74
Price spread: +0.015% → 0.000%: $1.46
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$37.28
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 1 min ago; Phoenix: no order-book sample. Net counts fees only.

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, 1 min ago	0.08 bp	4.0 bp −$4	8.2 bp −$82	32.3 bp −$3,234	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff SILVER-PERP	−0.0016%	1h	66.522	+0.060%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.490	+0.011%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.560	+0.117%	$26.0M	$35.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.560	+0.117%	$155.0M	$167.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.560	+0.117%	$3K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.570	+0.132%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.600	+0.177%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.465	−0.026%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.533	+0.076%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.481	−0.002%	$5.4M	$12.4M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.124%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.540	+0.087%	$801K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.964	+0.725%	—	—	25x	as long as short
Phoenix SILVERshort	+0.0048%	1h	66.492	+0.015%	$56K	$26K	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	66.499	+0.025%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.470	−0.018%	$4K	$5K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.510	+0.042%	$165.4M	$85.5M	25x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.450	−0.049%	$5.7M	$9.7M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.520	+0.057%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.475	−0.011%	$563K	$21.5M	8.1x	as long as short
BloFin XAG-USDT	+0.0083%	4h	66.570	+0.132%	$2.6M	$703K	100x	as long as short
Aster XAGUSDT	+0.0085%	4h	66.547	+0.097%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAG	+0.0087%	4h	66.545	+0.094%	$5.6M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0098%	8h	66.535	+0.079%	$30K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0098%	4h	66.540	+0.087%	$108.7M	$160.2M	1000x	as long as short
edgeX XAGUSDC	+0.0099%	4h	66.546	+0.096%	$675K	$316K	30x	as long as short
Binance XAGUSDT	+0.0099%	4h	66.550	+0.102%	$192.4M	$722.6M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.491	+0.013%	$474K	$623K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.500	+0.027%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.540	+0.087%	$127K	$24K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0104%	4h	66.559	+0.115%	$394K	$1.5M	25x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.517	+0.051%	$48K	—	10x	as long as short
Lighter XAG	+0.0112%	1h	66.534	+0.078%	$5.4M	$10.5M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.552	+0.104%	$1.3M	$4.3M	20x	as long as short
Nado XAG-PERPlong	+0.0166%	1h	66.482	long leg	$1.3M	$6.5M	10x
Bitget XAGUSDT	+0.0172%	4h	66.550	+0.102%	$24.5M	$48.0M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.580	+0.147%	$1.9M	$929K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.560	+0.117%	$27.9M	$67.3M	50x	as long as short
Aftermath Perps XAGUSD	+0.0193%	1h	66.512	+0.045%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0223%	1h	66.542	+0.089%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.493	+0.016%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.535	+0.079%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.500	+0.027%	$764K	$565K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0502%	1h	66.540	+0.087%	$50K	$336K	20x	as long as short