XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0394%/8h= +43.1% APRnext payment +$1.97 per $10,000 · paid last 24h +0.048%

Price spread now: GRVT against SunX−0.069%74s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$830.825% of the position

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.133%+$13 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.069%, 7d avg +0.012%

Together, before fees+0.066%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.081% cheaper against SunX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.012%). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.133% in total) that is about 4.3 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.97 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	65.130	0	get 0.0000% / 4h	3h 47m	$2K	$2.4M	20x
Short	GRVT XAG_USDT_Perp	65.085	0.0394	get 0.0197% / 4h	3h 47m	$391K	$1.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.069%Rate

Funding earned: $82.74
Price spread: −0.069% → +0.012%: −$8.09
Slippage, 4 orders: −$65.53
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$7.88
Costs to cover: 0.825%
Break-even: 7.7 days

Slippage from SunX: live order book, 10 min ago; GRVT: live order book, 1 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, 10 min ago	29.97 bp	34.0 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	0.77 bp	6.4 bp −$6	6.8 bp −$68	35.6 bp −$3,561	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
dYdX XAG-USD	0.0000%	1h	65.046	−0.129%	$12K	$5K	5x	as long as short
SunX XAG-USDTlong	0.0000%	4h	65.130	long leg	$2K	$2.4M	20x
HTX XAG-USDT	0.0000%	4h	65.160	+0.046%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.120	−0.015%	$1.5M	$291K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.043	−0.134%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0022%	4h	65.154	+0.037%	$5.4M	$9.1M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.110	−0.030%	$4.6M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.048	−0.126%	$4.9M	$11.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.950%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.070	−0.092%	$783K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	65.530	+0.614%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.130	0.000%	$174K	$1.4M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.054	−0.117%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.044	−0.132%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.020	−0.169%	$5.6M	$9.8M	25x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	65.107	−0.035%	$29K	$166	5x	as long as short
MEXC SILVER_USDT	+0.0060%	4h	65.110	−0.031%	$124.5M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0062%	4h	65.120	−0.015%	$193.6M	$762.2M	100x	as long as short
edgeX XAGUSDC	+0.0067%	4h	65.072	−0.089%	$663K	$313K	30x	as long as short
Aster XAGUSDT	+0.0071%	4h	65.120	−0.015%	$2.6M	$997K	100x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.109	−0.032%	$47K	—	10x	as long as short
Bybit XAGUSDT	+0.0072%	4h	65.130	0.000%	$27.3M	$39.2M	150x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	65.010	−0.184%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0082%	24h	65.098	−0.049%	$480K	$33.4M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0096%	1h	65.075	−0.084%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.068	−0.095%	$463K	$592K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.080	−0.077%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.010	−0.184%	$111K	$19K	50x	as long as short
Gate XAG_USDT	+0.0110%	4h	65.150	+0.031%	$139.9M	$179.4M	100x	as long as short
Phoenix SILVER	+0.0111%	1h	65.067	−0.097%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0150%	1h	65.074	−0.086%	$173.9M	$85.9M	25x	as long as short
Nado XAG-PERP	+0.0152%	1h	65.061	−0.106%	$1.2M	$4.6M	10x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.121	−0.013%	$1.3M	$4.9M	20x	as long as short
Bitget XAGUSDT	+0.0188%	4h	65.130	0.000%	$23.2M	$45.1M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0190%	8h	65.120	−0.015%	$28.6M	$72.2M	50x	as long as short
Aftermath Perps XAGUSD	+0.0204%	1h	65.076	−0.082%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0211%	1h	65.090	−0.061%	$77K	$417K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.125	−0.008%	$92K	—	111x	as long as short
BloFin XAG-USDT	+0.0241%	4h	65.130	0.000%	$2.7M	$631K	100x	as long as short
Lighter XAG	+0.0248%	1h	65.109	−0.032%	$5.3M	$10.8M	25x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	65.070	−0.092%	$20K	$15K	10x	as long as short
Bullet SILVER-USD	+0.0320%	1h	65.123	−0.011%	$45K	$75K	10x	as long as short
GRVT XAG_USDT_Perpshort	+0.0394%	4h	65.085	−0.069%	$391K	$1.6M	25x
Kraken Futures PF_XAGUSD	+0.0418%	1h	65.094	−0.056%	$1.0M	$868K	25x	as long as short