XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.018%

Price spread now: Aster against Phemex−0.042%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$410.412% of the position

Long on Phemex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.042%, 7d avg −0.039%

Together, before fees−0.029%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex XAGUSDT	66.070	0	get 0.0000% / 4h	2h 11m	$1.5M	$249K	100x
Short	Aster XAGUSDT	66.042	0.0061	get 0.0030% / 4h	2h 11m	$2.8M	$1.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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 PhemexbpFee AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: $12.81
Price spread: −0.042% → −0.039%: −$0.31
Slippage, 4 orders: −$21.17
Fee Phemex: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$28.66
Costs to cover: 0.412%
Break-even: 22.7 days

Slippage from Phemex: live order book, 2 min ago; Aster: 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 Phemex live order book, 2 min ago	2.27 bp	8.3 bp −$8	14.5 bp −$145	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	0.76 bp	4.8 bp −$5	7.1 bp −$71	19.8 bp −$1,981	doesn't fit

XAG on 42 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	65.992	−0.118%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.040	−0.045%	$25.8M	$36.9M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.030	−0.061%	$147.5M	$185.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.040	−0.045%	$2K	$3.4M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	0.0000%	1h	66.060	−0.015%	$76K	$367K	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.090	+0.030%	$1.0M	$1.2M	75x	as long as short
Phemex XAGUSDTlong	0.0000%	4h	66.070	long leg	$1.5M	$249K	100x
Nado XAG-PERP	+0.0003%	1h	66.040	−0.046%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0005%	1h	66.061	−0.014%	$44K	$74K	10x	as long as short
Aftermath Perps XAGUSD	+0.0016%	1h	66.009	−0.093%	$79K	$40K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAG	+0.0032%	1h	66.035	−0.053%	$5.1M	$11.5M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.034	−0.054%	$4.4M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.034	−0.054%	$5.3M	$14.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.499%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.040	−0.045%	$790K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.530	+0.696%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.020	−0.076%	$164.6M	$96.4M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.012	−0.088%	$3.9M	$743K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.016	−0.082%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.980	−0.136%	$5.4M	$9.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0055%	24h	66.005	−0.098%	$638K	$21.8M	8.1x	as long as short
Aster XAGUSDTshort	+0.0061%	4h	66.042	−0.042%	$2.8M	$1.2M	100x
Phoenix SILVER	+0.0073%	1h	66.026	−0.067%	$56K	$26K	25x	as long as short
QFEX SILVER-USD	+0.0080%	1h	66.040	−0.045%	$143K	$2.8M	20x	as long as short
Bitget XAGUSDT	+0.0082%	4h	66.040	−0.045%	$23.7M	$52.6M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.030	−0.060%	$472K	$647K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.010	−0.091%	$24.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	−0.015%	$112K	$85K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.049	−0.032%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0106%	4h	66.050	−0.030%	$190.5M	$802.3M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0108%	4h	66.046	−0.036%	$390K	$1.6M	25x	as long as short
MEXC SILVER_USDT	+0.0110%	4h	66.060	−0.015%	$123.0M	$192.4M	1000x	as long as short
Paradex XAG-USD-PERP	+0.0110%	8h	66.059	−0.017%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0127%	4h	66.052	−0.027%	$5.3M	$11.7M	—	as long as short
BloFin XAG-USDT	+0.0130%	4h	66.020	−0.076%	$2.6M	$1.2M	100x	as long as short
edgeX XAGUSDC	+0.0142%	4h	66.052	−0.028%	$670K	$316K	30x	as long as short
Hotstuff SILVER-PERP	+0.0160%	1h	66.016	−0.082%	$35K	$21K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0164%	8h	66.040	−0.045%	$27.5M	$70.1M	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.000	−0.106%	$1.9M	$1.2M	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0390% / S −0.0416%	1h	66.055	−0.023%	$102K	—	29x	as long as short
RISEx XAG/USDC	+0.0432%	1h	66.050	−0.030%	$1.3M	$4.3M	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0615%	1h	66.006	−0.096%	$775K	$628K	25x	as long as short