XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.050%

Price spread now: Bullet against QFEX+0.035%7-day average — · you sell dearer than you buy

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

Long on QFEX Short on Bullet

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—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bullet is 0.035% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SILVER-USD	66.150	0.0054	pay 0.0007% / 1h	16m 34s	$115K	$2.7M	20x
Short	Bullet SILVER-USD	66.173	0.0287	get 0.0036% / 1h	16m 34s	$44K	$76K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against QFEX. 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 QFEXbpFee BulletbpOrdersPrice spread, now +0.035%Rate

Funding earned: $48.81
Price spread: +0.035% → 0.000%: $3.53
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: $34.34
Costs to cover: 0.180%
Break-even: 2.1 days

Slippage unknown: QFEX: live order book, 6 min ago; Bullet: 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 QFEX live order book, 6 min ago	1.51 bp	7.9 bp −$8	8.0 bp −$80	9.5 bp −$945	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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
dYdX XAG-USD	0.0000%	1h	66.080	−0.106%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.190	+0.060%	$150.2M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.140	−0.015%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.180	+0.045%	$1.0M	$971K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.160	+0.015%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.104	−0.069%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.156	+0.009%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.102	−0.073%	$5.2M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.378%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.137	−0.020%	$35K	$21K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.150	0.000%	$796K	$3.1M	40x	as long as short
Ondo Perps XAG-USD.P	+0.0042%	1h	66.040	−0.166%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.598	+0.677%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.137	−0.020%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.079	−0.107%	$3K	$6K	20x	as long as short
QFEX SILVER-USDlong	+0.0054%	1h	66.150	long leg	$115K	$2.7M	20x
Phoenix SILVER	+0.0060%	1h	66.143	−0.011%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0070%	24h	66.114	−0.054%	$547K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.109	−0.062%	$471K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.140	−0.015%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.030%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0124%	1h	66.140	−0.015%	$166.0M	$74.2M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.167	+0.026%	$1.3M	$4.5M	20x	as long as short
Paradex XAG-USD-PERP	+0.0140%	8h	66.163	+0.020%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0143%	4h	66.150	0.000%	$2.7M	$878K	100x	as long as short
Bybit XAGUSDT	+0.0162%	4h	66.190	+0.060%	$27.0M	$36.0M	150x	as long as short
Lighter XAG	+0.0176%	1h	66.160	+0.015%	$5.2M	$10.7M	25x	as long as short
Aevo XAG-PERP	+0.0192%	1h	66.143	−0.010%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.170	+0.030%	$1.8M	$1.0M	20x	as long as short
Variational Omni XAG	+0.0206%	4h	66.183	+0.050%	$5.6M	$9.6M	—	as long as short
Nado XAG-PERP	+0.0207%	1h	66.120	−0.046%	$1.4M	$6.4M	10x	as long as short
MEXC SILVER_USDT	+0.0210%	4h	66.170	+0.030%	$110.2M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0211%	4h	66.178	+0.042%	$192.6M	$700.1M	100x	as long as short
Aftermath Perps XAGUSD	+0.0219%	1h	66.144	−0.010%	$80K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0221%	4h	66.189	+0.059%	$672K	$312K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0231%	8h	66.180	+0.045%	$27.8M	$65.2M	50x	as long as short
BloFin XAG-USDT	+0.0256%	4h	66.150	0.000%	$2.6M	$554K	100x	as long as short
Bitget XAGUSDT	+0.0258%	4h	66.170	+0.030%	$23.9M	$45.3M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0276%	4h	66.193	+0.065%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USDshort	+0.0287%	1h	66.173	+0.035%	$44K	$76K	10x
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.130	−0.030%	$62K	$349K	20x	as long as short
Hibachi XAG/USDT-P	+0.0368%	1h	66.104	−0.069%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.155	+0.008%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.122	−0.043%	$913K	$681K	25x	as long as short