XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.076%7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$840.840% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.076%, 7d avg −0.070%

Together, before fees+0.100%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	65.710	0	get 0.0000% / 4h	1h 48m	$2K	$2.4M	20x
Short	KuCoin XAGUSDTM	65.660	0.0100	get 0.0050% / 4h	1h 48m	$25.4M	$4.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.076%Rate

Funding earned: $21
Price spread: −0.076% → −0.070%: −$0.57
Slippage, 4 orders: −$64.04
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.61
Costs to cover: 0.840%
Break-even: 28.2 days

Slippage from SunX: live order book, 3 min ago; KuCoin: 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, 3 min ago	29.69 bp	33.7 bp −$34	62.6 bp −$626	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.52 bp	8.7 bp −$9	14.9 bp −$149	doesn't fit	doesn't fit

XAG on 44 exchanges

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
Hotstuff SILVER-PERP	−1.5176%	1h	65.532	−0.271%	$36K	$23K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0006%	1h	65.580	−0.198%	$5.7M	$11.0M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.598	−0.171%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.720	+0.015%	$138.5M	$204.4M	100x	as long as short
SunX XAG-USDTlong	0.0000%	4h	65.710	long leg	$2K	$2.4M	20x
HTX XAG-USDT	0.0000%	4h	65.720	+0.015%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.710	0.000%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.637	−0.111%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.693	−0.026%	$4.6M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.637	−0.112%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.686%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.680	−0.046%	$790K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.116	+0.618%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.651	−0.090%	$3.8M	$893K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.634	−0.116%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.660	−0.076%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.661	−0.074%	$29K	$166	5x	as long as short
tradeXYZ xyz:SILVER	+0.0058%	1h	65.669	−0.062%	$174.6M	$94.0M	25x	as long as short
Variational Omni XAG	+0.0086%	4h	65.668	−0.064%	$5.7M	$9.1M	—	as long as short
Kalshi KXSILVERPERP	+0.0100%	24h	65.660	−0.076%	$720K	$38.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.633	−0.117%	$467K	$567K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	65.660	−0.076%	$25.4M	$4.7M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	65.630	−0.122%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	−0.030%	$1.6M	$1.9M	20x	as long as short
Aster XAGUSDT	+0.0109%	4h	65.670	−0.061%	$2.7M	$1.1M	100x	as long as short
MEXC SILVER_USDT	+0.0110%	4h	65.700	−0.015%	$122.2M	$162.9M	1000x	as long as short
Binance XAGUSDT	+0.0110%	4h	65.700	−0.015%	$191.5M	$863.1M	100x	as long as short
Aevo XAG-PERP	+0.0112%	1h	65.683	−0.040%	$47K	—	10x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.680	−0.046%	$1.2M	$4.9M	20x	as long as short
edgeX XAGUSDC	+0.0118%	4h	65.679	−0.047%	$669K	$314K	30x	as long as short
Phoenix SILVER	+0.0122%	1h	65.676	−0.052%	$55K	$14K	25x	as long as short
Bybit XAGUSDT	+0.0126%	4h	65.710	0.000%	$30.6M	$48.2M	150x	as long as short
Lighter XAG	+0.0136%	1h	65.692	−0.028%	$5.1M	$11.6M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0140%	4h	65.730	+0.030%	$396K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0142%	1h	65.641	−0.105%	$1.2M	$3.6M	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.680	−0.046%	$77K	$414K	20x	as long as short
Bullet SILVER-USD	+0.0209%	1h	65.700	−0.016%	$45K	$73K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0213%	8h	65.710	0.000%	$28.0M	$85.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	65.668	−0.065%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0244%	4h	65.710	0.000%	$23.2M	$52.8M	100x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	65.608	−0.155%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0270% / S −0.0237%	1h	65.705	−0.008%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0352%	4h	65.680	−0.046%	$2.7M	$771K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.668	−0.064%	$1.0M	$943K	25x	as long as short