XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.008%

Price spread now: tradeXYZ against Phoenix−0.008%61s7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: 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: $0 a day on $10k at the current rate. The two prices were read 61 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	Phoenix SILVER	65.384	0.0061	pay 0.0008% / 1h	40m 13s	$56K	$31K	25x
Short	tradeXYZ xyz:SILVER	65.379	0.0050	get 0.0006% / 1h	40m 13s	$170.3M	$83.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Phoenix. 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 PhoenixbpFee tradeXYZbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$2.31
Price spread: −0.008% → 0.000%: −$0.76
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$28.08
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; tradeXYZ: live order book, 10 min ago. 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 Phoenix no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 10 min ago	0.08 bp	9.1 bp −$9	9.1 bp −$91	doesn't fit	doesn't fit

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
Hibachi XAG/USDT-P	−0.0120%	1h	65.360	−0.037%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0081%	1h	65.300	−0.128%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.350	−0.052%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.430	+0.070%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.450	+0.101%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.440	+0.086%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.349	−0.054%	$118K	—	250x	as long as short
Bybit XAGUSDT	+0.0018%	4h	65.410	+0.040%	$28.4M	$39.6M	150x	as long as short
Gate XAG_USDT	+0.0030%	4h	65.420	+0.055%	$141.3M	$181.2M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.398	+0.022%	$4.6M	$9.8M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.350	−0.051%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.554%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.410	+0.040%	$787K	$3.0M	40x	as long as short
Aster XAGUSDT	+0.0045%	4h	65.400	+0.024%	$2.7M	$973K	100x	as long as short
Vest SI-PERP	+0.0046%	1h	65.825	+0.674%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.390	+0.009%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVERshort	+0.0050%	1h	65.379	−0.008%	$170.3M	$83.8M	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	65.370	−0.021%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.346	−0.058%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	65.398	+0.021%	$29K	$1K	5x	as long as short
Variational Omni XAG	+0.0060%	4h	65.414	+0.045%	$5.5M	$9.4M	—	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.412	+0.043%	$1.3M	$4.9M	20x	as long as short
Phoenix SILVERlong	+0.0061%	1h	65.384	long leg	$56K	$31K	25x
Hotstuff SILVER-PERP	+0.0064%	1h	65.386	+0.003%	$35K	$21K	20x	as long as short
Binance XAGUSDT	+0.0076%	4h	65.407	+0.035%	$189.8M	$763.4M	100x	as long as short
MEXC SILVER_USDT	+0.0076%	4h	65.390	+0.009%	$115.4M	$157.1M	1000x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.386	+0.003%	$509K	$30.5M	8.1x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.401	+0.027%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0090%	4h	65.433	+0.075%	$666K	$314K	30x	as long as short
Pacifica XAG	+0.0100%	1h	65.363	−0.032%	$467K	$627K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.380	−0.006%	$25.4M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.410	+0.040%	$112K	$19K	50x	as long as short
Lighter XAG	+0.0104%	1h	65.400	+0.025%	$5.4M	$11.3M	25x	as long as short
Nado XAG-PERP	+0.0114%	1h	65.360	−0.036%	$1.2M	$5.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0116%	4h	65.427	+0.066%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	−0.006%	$1.6M	$1.4M	20x	as long as short
Bullet SILVER-USD	+0.0156%	1h	65.416	+0.049%	$43K	$77K	10x	as long as short
Bitget XAGUSDT	+0.0186%	4h	65.420	+0.055%	$23.8M	$46.6M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	65.400	+0.024%	$27.9M	$71.3M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.390	+0.009%	$65K	$374K	20x	as long as short
Aftermath Perps XAGUSD	+0.0212%	1h	65.408	+0.036%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0306%	4h	65.440	+0.086%	$2.6M	$610K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0318% / S −0.0301%	1h	65.415	+0.047%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.380	−0.006%	$916K	$746K	25x	as long as short