XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.005%

Price spread now: tradeXYZ against QFEX+0.134%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.020%+$2 on $10k

Price spread, last 7 days−0.182%−$18 · spread now +0.134%, 7d avg −0.030%

Together, before fees−0.162%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.164% dearer against QFEX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SILVER-USD	66.450	0.0054	pay 0.0007% / 1h	56m 06s	$115K	$2.8M	20x
Short	tradeXYZ xyz:SILVER	66.539	0.0095	get 0.0012% / 1h	56m 06s	$166.1M	$85.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.134%Rate

Funding earned: $8.63
Price spread: +0.134% → −0.030%: $16.39
Slippage, 4 orders: −$9.72
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$12.7
Costs to cover: 0.377%
Break-even: 17.3 days

Slippage from QFEX: live order book, 11 min ago; tradeXYZ: live order book, 4 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 QFEX live order book, 11 min ago	2.25 bp	7.3 bp −$7	7.3 bp −$73	8.3 bp −$831	doesn't fit
Sell tradeXYZ live order book, 4 min ago	2.33 bp	11.4 bp −$11	12.1 bp −$121	13.8 bp −$1,384	doesn't fit

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	66.388	−0.093%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.620	+0.256%	$26.1M	$35.8M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.580	+0.196%	$154.7M	$159.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.570	+0.181%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.510	+0.090%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.590	+0.211%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.396	−0.081%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.550	+0.150%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.414	−0.054%	$5.4M	$12.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.373	−0.116%	$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
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.075%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.430	−0.030%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.907	+0.688%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.369	−0.122%	$56K	$26K	25x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.400	−0.075%	$5.7M	$9.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.449	−0.002%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.470	+0.030%	$3K	$6K	20x	as long as short
QFEX SILVER-USDlong	+0.0054%	1h	66.450	long leg	$115K	$2.8M	20x
Kalshi KXSILVERPERP	+0.0059%	24h	66.430	−0.030%	$550K	$23.0M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.509	+0.088%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVERshort	+0.0095%	1h	66.539	+0.134%	$166.1M	$85.2M	25x
Aster XAGUSDT	+0.0098%	4h	66.506	+0.085%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.446	−0.006%	$473K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.470	+0.030%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.390	−0.090%	$126K	$23K	50x	as long as short
Lighter XAG	+0.0112%	1h	66.554	+0.156%	$5.3M	$10.4M	25x	as long as short
Paradex XAG-USD-PERP	+0.0113%	8h	66.459	+0.014%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0115%	4h	66.455	+0.007%	$5.6M	$9.8M	—	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.509	+0.089%	$675K	$316K	30x	as long as short
MEXC SILVER_USDT	+0.0126%	4h	66.560	+0.166%	$108.3M	$156.1M	1000x	as long as short
Binance XAGUSDT	+0.0126%	4h	66.603	+0.230%	$193.0M	$716.0M	100x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.486	+0.055%	$48K	—	10x	as long as short
BloFin XAG-USDT	+0.0158%	4h	66.470	+0.030%	$2.6M	$663K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.380	−0.105%	$1.9M	$962K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.454	+0.006%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	66.600	+0.226%	$28.0M	$66.8M	50x	as long as short
Bitget XAGUSDT	+0.0200%	4h	66.580	+0.196%	$24.5M	$46.5M	100x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	66.470	+0.030%	$80K	$39K	10x	as long as short
Nado XAG-PERP	+0.0226%	1h	66.465	+0.022%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0261%	1h	66.466	+0.024%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.465	+0.023%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.370	−0.120%	$20K	$22K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.481	+0.047%	$767K	$552K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0502%	1h	66.540	+0.135%	$50K	$331K	20x	as long as short