XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.012%

Price spread now: QFEX against RISEx−0.030%7-day average −0.037% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$230.228% of the position

Long on RISEx Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.055%−$6 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.030%, 7d avg −0.037%

Together, before fees−0.055%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, 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	RISEx XAG/USDC	65.810	0.0116	pay 0.0015% / 1h	3m 57s	$1.3M	$5.4M	20x
Short	QFEX SILVER-USD	65.790	0.0051	get 0.0006% / 1h	3m 57s	$448K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against RISEx. 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 RISExbpFee QFEXbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$13.69
Price spread: −0.030% → −0.037%: $0.65
Slippage, 4 orders: −$6.84
Fee RISEx: 3 bp × 2 orders: −$6
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$35.87
Costs to cover: 0.228%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; QFEX: live order book, 6 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 RISEx live order book, 3 min ago	0.51 bp	3.5 bp −$4	5.3 bp −$53	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	1.52 bp	6.5 bp −$7	6.5 bp −$65	7.4 bp −$738	11.1 bp −$5,553

XAG on 44 exchanges

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	−3.2000%	1h	65.769	−0.062%	$39K	$26K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.705	−0.159%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.810	0.000%	$137.5M	$207.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.800	−0.015%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.850	+0.061%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.810	0.000%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.745	−0.099%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.804	−0.009%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.725	−0.130%	$5.1M	$11.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.836%	$11K	$240	52x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.760	−0.076%	$791K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.235	+0.646%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.794	−0.024%	$3.8M	$905K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.747	−0.096%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.710	−0.152%	$5.7M	$11.2M	25x	as long as short
QFEX SILVER-USDshort	+0.0051%	1h	65.790	−0.030%	$448K	$1.4M	20x
Paradex XAG-USD-PERP	+0.0053%	8h	65.797	−0.019%	$29K	—	5x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0054%	1h	65.780	−0.046%	$77K	$412K	20x	as long as short
Bybit XAGUSDT	+0.0055%	4h	65.790	−0.030%	$30.4M	$48.3M	150x	as long as short
Variational Omni XAG	+0.0064%	4h	65.778	−0.049%	$5.6M	$9.0M	—	as long as short
Aster XAGUSDT	+0.0082%	4h	65.790	−0.031%	$2.7M	$1.2M	100x	as long as short
tradeXYZ xyz:SILVER	+0.0088%	1h	65.773	−0.056%	$176.2M	$92.8M	25x	as long as short
Binance XAGUSDT	+0.0088%	4h	65.780	−0.046%	$191.2M	$864.8M	100x	as long as short
MEXC SILVER_USDT	+0.0088%	4h	65.770	−0.061%	$117.3M	$166.9M	1000x	as long as short
Aevo XAG-PERP	+0.0096%	1h	65.793	−0.025%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0097%	4h	65.765	−0.069%	$670K	$314K	30x	as long as short
Pacifica XAG	+0.0100%	1h	65.759	−0.078%	$465K	$523K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.750	−0.091%	$25.4M	$4.4M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.720	−0.137%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.620	−0.289%	$1.6M	$1.9M	20x	as long as short
Kalshi KXSILVERPERP	+0.0106%	24h	65.814	+0.006%	$779K	$39.2M	8.1x	as long as short
GRVT XAG_USDT_Perp	+0.0110%	4h	65.769	−0.062%	$391K	$1.6M	25x	as long as short
RISEx XAG/USDClong	+0.0116%	1h	65.810	long leg	$1.3M	$5.4M	20x
Nado XAG-PERP	+0.0119%	1h	65.785	−0.038%	$1.2M	$3.4M	10x	as long as short
Phoenix SILVER	+0.0122%	1h	65.666	−0.219%	$55K	$14K	25x	as long as short
Lighter XAG	+0.0144%	1h	65.793	−0.027%	$5.3M	$12.1M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0185%	8h	65.780	−0.046%	$28.0M	$86.3M	50x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	65.737	−0.111%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0224%	4h	65.780	−0.046%	$23.1M	$53.1M	100x	as long as short
Bullet SILVER-USD	+0.0230%	1h	65.820	+0.015%	$45K	$73K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.722	−0.134%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0279% / S −0.0250%	1h	65.795	−0.023%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0329%	4h	65.790	−0.030%	$2.7M	$783K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0546%	1h	65.777	−0.050%	$1.0M	$947K	25x	as long as short