XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0453%/8h= +49.6% APRnext payment +$0.57 per $10,000 · paid last 24h +0.084%

Price spread now: Kraken Futures against StandX−0.029%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on StandX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$14 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.029%, 7d avg −0.052%

Together, before fees+0.118%+ Points / potential airdropStandX: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.023% dearer against StandX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.052%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	65.350	0.0040	pay 0.0005% / 1h	18m 05s	$786K	$2.9M	40x
Short	Kraken Futures PF_XAGUSD	65.331	0.0493	get 0.0062% / 1h	18m 05s	$915K	$746K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against StandX. 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 StandXbpFee Kraken FuturesbpOrdersPrice spread, now −0.029%Rate

Funding earned: $95.08
Price spread: −0.029% → −0.052%: $2.28
Slippage, 4 orders: −$16.98
Fee StandX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $62.38
Costs to cover: 0.350%
Break-even: 2.4 days

Slippage from StandX: live order book, 1 min ago; Kraken Futures: live order book, 25 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 StandX live order book, 1 min ago	3.06 bp	9.5 bp −$9	10.7 bp −$107	40.0 bp −$3,999	doesn't fit
Sell Kraken Futures live order book, 25 min ago	2.80 bp	9.9 bp −$10	18.2 bp −$182	69.8 bp −$6,983	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
Hibachi XAG/USDT-P	−0.0144%	1h	65.301	−0.075%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0080%	1h	65.240	−0.168%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0008%	1h	65.330	−0.031%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.253	−0.148%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.380	+0.046%	$27.8M	$39.9M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.380	+0.046%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.410	+0.092%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.390	+0.061%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.296	−0.083%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0024%	4h	65.380	+0.046%	$141.1M	$183.2M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XAG	+0.0028%	4h	65.404	+0.082%	$5.5M	$9.4M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.354	+0.006%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.310	−0.061%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.607%	$11K	$94K	52x	as long as short
Aster XAGUSDT	+0.0034%	4h	65.360	+0.015%	$2.7M	$975K	100x	as long as short
StandX XAG-USDlong	+0.0040%	1h	65.350	long leg	$786K	$2.9M	40x
Vest SI-PERP	+0.0046%	1h	65.766	+0.637%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.340	−0.015%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.337	−0.020%	$170.3M	$83.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.321	−0.044%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.295	−0.084%	$3K	$6K	20x	as long as short
MEXC SILVER_USDT	+0.0052%	4h	65.360	+0.015%	$116.5M	$157.6M	1000x	as long as short
Binance XAGUSDT	+0.0053%	4h	65.375	+0.038%	$191.0M	$766.3M	100x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	65.337	−0.020%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.362	+0.019%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.371	+0.032%	$56K	$31K	25x	as long as short
Aevo XAG-PERP	+0.0064%	1h	65.345	−0.008%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0073%	4h	65.369	+0.029%	$665K	$313K	30x	as long as short
Kalshi KXSILVERPERP	+0.0078%	24h	65.331	−0.029%	$507K	$31.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.301	−0.075%	$469K	$628K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.330	−0.031%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.360	+0.015%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0116%	4h	65.408	+0.089%	$385K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.290	−0.092%	$1.6M	$1.4M	20x	as long as short
Nado XAG-PERP	+0.0133%	1h	65.307	−0.065%	$1.2M	$5.2M	10x	as long as short
Lighter XAG	+0.0144%	1h	65.358	+0.012%	$5.3M	$11.5M	25x	as long as short
Bitget XAGUSDT	+0.0170%	4h	65.370	+0.031%	$23.7M	$46.5M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0182%	8h	65.380	+0.046%	$28.0M	$71.0M	50x	as long as short
Bullet SILVER-USD	+0.0182%	1h	65.364	+0.022%	$44K	$76K	10x	as long as short
BloFin XAG-USDT	+0.0214%	4h	65.370	+0.031%	$2.6M	$600K	100x	as long as short
Aftermath Perps XAGUSD	+0.0214%	1h	65.324	−0.040%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0272% / S −0.0241%	1h	65.365	+0.023%	$93K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0362%	1h	65.350	0.000%	$65K	$380K	20x	as long as short
Kraken Futures PF_XAGUSDshort	+0.0493%	1h	65.331	−0.029%	$915K	$746K	25x