XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against SunX+0.031%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$840.845% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.031%, 7d avg −0.011%

Together, before fees−0.037%−$4 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 Gate is 0.042% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	65.010	0	get 0.0000% / 4h	3h 55m	$2K	$2.4M	20x
Short	Gate XAG_USDT	65.030	0.0038	get 0.0019% / 4h	3h 55m	$139.6M	$178.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.031%Rate

Funding earned: $7.98
Price spread: +0.031% → −0.011%: $4.15
Slippage, 4 orders: −$61.47
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$72.33
Costs to cover: 0.845%
Break-even: 70.5 days

Slippage from SunX: live order book, 2 min ago; Gate: 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 SunX live order book, 2 min ago	29.97 bp	34.0 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	0.77 bp	8.3 bp −$8	8.3 bp −$83	10.6 bp −$1,057	12.7 bp −$6,353

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	64.987	−0.036%	$12K	$5K	5x	as long as short
SunX XAG-USDTlong	0.0000%	4h	65.010	long leg	$2K	$2.4M	20x
HTX XAG-USDT	0.0000%	4h	65.080	+0.108%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.060	+0.077%	$1.4M	$291K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.939	−0.108%	$117K	—	250x	as long as short
Variational Omni XAG	+0.0018%	4h	65.014	+0.007%	$5.4M	$9.1M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.031	+0.033%	$4.5M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.944	−0.102%	$4.9M	$11.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.138%	$11K	$94K	52x	as long as short
Gate XAG_USDTshort	+0.0038%	4h	65.030	+0.031%	$139.6M	$178.6M	100x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.010	0.000%	$782K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.420	+0.631%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.010	0.000%	$171K	$1.4M	20x	as long as short
MEXC SILVER_USDT	+0.0050%	4h	65.010	0.000%	$124.5M	$155.4M	1000x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.940	−0.108%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.932	−0.120%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.940	−0.108%	$5.6M	$9.8M	25x	as long as short
Binance XAGUSDT	+0.0053%	4h	65.000	−0.015%	$193.1M	$761.9M	100x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.013	+0.005%	$29K	$1K	5x	as long as short
Aster XAGUSDT	+0.0060%	4h	65.020	+0.015%	$2.6M	$990K	100x	as long as short
Phoenix SILVER	+0.0061%	1h	64.998	−0.018%	$55K	$31K	25x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	64.946	−0.098%	$35K	$21K	20x	as long as short
Aevo XAG-PERP	+0.0064%	1h	65.019	+0.014%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0065%	4h	65.039	+0.045%	$662K	$312K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	65.010	0.000%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0081%	24h	65.004	−0.009%	$478K	$33.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	64.958	−0.080%	$462K	$594K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	64.990	−0.031%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.950	−0.092%	$111K	$19K	50x	as long as short
Bybit XAGUSDT	+0.0124%	4h	65.050	+0.062%	$27.3M	$39.4M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0144%	1h	64.982	−0.043%	$173.5M	$86.2M	25x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.020	+0.015%	$1.3M	$4.9M	20x	as long as short
Bitget XAGUSDT	+0.0178%	4h	65.020	+0.015%	$23.2M	$45.1M	100x	as long as short
Nado XAG-PERP	+0.0182%	1h	64.983	−0.042%	$1.2M	$4.6M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0182%	8h	65.020	+0.015%	$28.5M	$72.1M	50x	as long as short
Aftermath Perps XAGUSD	+0.0205%	1h	64.983	−0.041%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0212%	1h	65.000	−0.015%	$72K	$409K	20x	as long as short
BloFin XAG-USDT	+0.0213%	4h	65.010	0.000%	$2.7M	$628K	100x	as long as short
Lighter XAG	+0.0216%	1h	65.029	+0.029%	$5.3M	$10.7M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.015	+0.008%	$92K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	64.997	−0.020%	$20K	$15K	10x	as long as short
Bullet SILVER-USD	+0.0313%	1h	65.023	+0.020%	$45K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0366%	4h	65.020	+0.015%	$387K	$1.6M	25x	as long as short
Kraken Futures PF_XAGUSD	+0.0419%	1h	64.992	−0.028%	$1.0M	$868K	25x	as long as short