XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0197%/8h= +21.6% APRnext payment +$0.99 per $10,000 · paid last 24h +0.036%

Price spread now: edgeX against SunX−0.053%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$800.803% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.053%, 7d avg −0.019%

Together, before fees+0.125%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.034% cheaper against SunX than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.080% in total) that is about 3.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 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	66.370	0	get 0.0000% / 4h	1h 58m	$2K	$2.8M	20x
Short	edgeX XAGUSDC	66.335	0.0197	get 0.0099% / 4h	1h 58m	$673K	$315K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $41.38
Price spread: −0.053% → −0.019%: −$3.43
Slippage, 4 orders: −$63.35
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$42.4
Costs to cover: 0.803%
Break-even: 14.2 days

Slippage from SunX: live order book, 9 min ago; edgeX: live order book, 5 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, 9 min ago	29.41 bp	33.4 bp −$33	62.6 bp −$626	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	2.26 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$917	21.2 bp −$10.6K

XAG on 43 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	66.300	−0.106%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.370	0.000%	$152.0M	$161.2M	100x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.370	long leg	$2K	$2.8M	20x
HTX XAG-USDT	0.0000%	4h	66.400	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.370	0.000%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.292	−0.118%	$120K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0029%	1h	66.260	−0.166%	$5.7M	$9.7M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.386	+0.024%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.287	−0.125%	$5.3M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.045%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.350	−0.030%	$798K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.791	+0.634%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.315	−0.083%	$56K	$25K	25x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.282	−0.133%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.360	−0.015%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.308	−0.093%	$536K	$24.5M	8.1x	as long as short
Polymarket Perps SILVER-USD	+0.0079%	1h	66.336	−0.051%	$3.9M	$672K	20x	as long as short
Pacifica XAG	+0.0100%	1h	66.296	−0.111%	$472K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.320	−0.075%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.280	−0.136%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0140%	8h	66.346	−0.037%	$30K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0141%	1h	66.343	−0.041%	$166.0M	$75.7M	25x	as long as short
Aster XAGUSDT	+0.0141%	4h	66.365	−0.008%	$2.7M	$934K	100x	as long as short
Bybit XAGUSDT	+0.0152%	4h	66.410	+0.060%	$26.7M	$36.4M	150x	as long as short
Variational Omni XAG	+0.0176%	4h	66.333	−0.055%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.349	−0.032%	$48K	—	10x	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.374	+0.007%	$1.3M	$4.4M	20x	as long as short
MEXC SILVER_USDT	+0.0188%	4h	66.360	−0.015%	$111.6M	$151.6M	1000x	as long as short
Binance XAGUSDT	+0.0191%	4h	66.399	+0.044%	$192.4M	$707.2M	100x	as long as short
Lighter XAG	+0.0192%	1h	66.391	+0.032%	$5.3M	$10.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.320	−0.075%	$1.9M	$971K	20x	as long as short
edgeX XAGUSDCshort	+0.0197%	4h	66.335	−0.053%	$673K	$315K	30x
OKX XAG-USDT-SWAP	+0.0217%	8h	66.400	+0.045%	$27.9M	$65.7M	50x	as long as short
Hotstuff SILVER-PERP	+0.0224%	1h	66.317	−0.080%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.283	−0.130%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0237%	1h	66.309	−0.092%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0240%	1h	66.297	−0.110%	$1.3M	$6.6M	10x	as long as short
Bitget XAGUSDT	+0.0254%	4h	66.370	0.000%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0274%	4h	66.382	+0.017%	$399K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0327% / S −0.0336%	1h	66.370	0.000%	$103K	—	111x	as long as short
Bullet SILVER-USD	+0.0347%	1h	66.360	−0.015%	$46K	$75K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0504%	1h	66.350	−0.030%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.330	−0.060%	$765K	$478K	25x	as long as short