XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against SunX0.000%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$820.821% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now 0.000%, 7d avg −0.002%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 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	SunX XAG-USDT	66.030	0	get 0.0000% / 4h	3h 25m	$2K	$2.6M	20x
Short	BloFin XAG-USDT	66.030	0.0191	get 0.0095% / 4h	3h 25m	$2.6M	$562K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $40.05
Price spread: 0.000% → −0.002%: $0.24
Slippage, 4 orders: −$62.1
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$41.8
Costs to cover: 0.821%
Break-even: 14.3 days

Slippage from SunX: live order book, 2 min ago; BloFin: live order book, 8 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 SunX live order book, 2 min ago	29.53 bp	33.5 bp −$34	62.7 bp −$627	doesn't fit	doesn't fit
Sell BloFin live order book, 8 min ago	1.51 bp	7.5 bp −$8	9.1 bp −$91	11.7 bp −$1,170	17.8 bp −$8,912

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
Ondo Perps XAG-USD.P	−0.0054%	1h	65.900	−0.197%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.146%	$14K	—	5x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.030	long leg	$2K	$2.6M	20x
HTX XAG-USDT	0.0000%	4h	66.060	+0.045%	$1.0M	$964K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.030	0.000%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.965	−0.098%	$120K	—	250x	as long as short
Gate XAG_USDT	+0.0006%	4h	66.040	+0.015%	$149.8M	$163.8M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	66.009	−0.031%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.966	−0.096%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.560%	$11K	$94K	52x	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	66.030	0.000%	$794K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.449	+0.635%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.990	−0.061%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.965	−0.098%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0052%	1h	65.985	−0.068%	$165.9M	$73.8M	25x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	66.010	−0.030%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.000	−0.045%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0073%	1h	65.955	−0.114%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	65.998	−0.048%	$517K	$26.1M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0080%	1h	65.996	−0.051%	$35K	$21K	20x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.020	−0.015%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.968	−0.094%	$470K	$608K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.990	−0.061%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.980	−0.076%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	66.011	−0.029%	$5.2M	$10.7M	25x	as long as short
Bybit XAGUSDT	+0.0122%	4h	66.040	+0.015%	$27.7M	$36.6M	150x	as long as short
Aster XAGUSDT	+0.0133%	4h	66.016	−0.021%	$2.7M	$871K	100x	as long as short
Nado XAG-PERP	+0.0171%	1h	65.987	−0.064%	$1.4M	$5.8M	10x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.012	−0.028%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.013	−0.026%	$5.6M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0189%	4h	66.012	−0.027%	$191.0M	$701.5M	100x	as long as short
MEXC SILVER_USDT	+0.0190%	4h	66.020	−0.015%	$114.6M	$152.5M	1000x	as long as short
BloFin XAG-USDTshort	+0.0191%	4h	66.030	0.000%	$2.6M	$562K	100x
Aftermath Perps XAGUSD	+0.0196%	1h	65.980	−0.075%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0196%	4h	66.015	−0.023%	$670K	$310K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0204%	4h	66.021	−0.013%	$394K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.010	−0.030%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.121%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0228%	8h	66.030	0.000%	$27.7M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0228%	1h	66.024	−0.009%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0232%	4h	66.020	−0.015%	$23.9M	$45.2M	100x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	65.981	−0.074%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.025	−0.008%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.997	−0.050%	$911K	$683K	25x	as long as short