XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.009%

Price spread now: Phoenix against tradeXYZ+0.032%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.032% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SILVER	65.590	0.0072	pay 0.0009% / 1h	26m 59s	$175.3M	$95.0M	25x
Short	Phoenix SILVER	65.611	0.0122	get 0.0015% / 1h	26m 59s	$55K	$14K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against tradeXYZ. 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 tradeXYZbpFee PhoenixbpOrdersPrice spread, now +0.032%Rate

Funding earned: $10.38
Price spread: +0.032% → 0.000%: $3.2
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$11.42
Costs to cover: 0.250%
Break-even: 14.7 days

Slippage unknown: tradeXYZ: live order book, 5 min ago; Phoenix: no order-book sample. Net counts fees only.

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 tradeXYZ live order book, 5 min ago	0.08 bp	9.7 bp −$10	9.8 bp −$98	11.0 bp −$1,104	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−3.2000%	1h	65.632	+0.064%	$36K	$23K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.586	−0.006%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.640	+0.076%	$138.2M	$205.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.610	+0.030%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.640	+0.076%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.620	+0.046%	$1.5M	$255K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.603	+0.019%	$119K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0031%	1h	65.550	−0.061%	$5.6M	$11.1M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	65.595	+0.008%	$4.5M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.562	−0.042%	$5.1M	$11.9M	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	−1.506%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.670	+0.122%	$790K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.048	+0.698%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.600	+0.015%	$3.8M	$907K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.539	−0.078%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.620	+0.046%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.617	+0.040%	$29K	—	5x	as long as short
Variational Omni XAG	+0.0067%	4h	65.630	+0.060%	$5.7M	$9.1M	—	as long as short
tradeXYZ xyz:SILVERlong	+0.0072%	1h	65.590	long leg	$175.3M	$95.0M	25x
Bybit XAGUSDT	+0.0080%	4h	65.630	+0.061%	$30.4M	$48.3M	150x	as long as short
Aster XAGUSDT	+0.0088%	4h	65.620	+0.046%	$2.7M	$1.2M	100x	as long as short
Binance XAGUSDT	+0.0091%	4h	65.625	+0.054%	$191.4M	$865.6M	100x	as long as short
MEXC SILVER_USDT	+0.0092%	4h	65.620	+0.046%	$118.4M	$164.7M	1000x	as long as short
Pacifica XAG	+0.0100%	1h	65.587	−0.005%	$464K	$559K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.570	−0.030%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.600	+0.015%	$112K	$19K	50x	as long as short
Kalshi KXSILVERPERP	+0.0102%	24h	65.647	+0.087%	$758K	$39.1M	8.1x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.596	+0.010%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.620	+0.046%	$1.6M	$1.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0108%	4h	65.649	+0.091%	$386K	$1.6M	25x	as long as short
edgeX XAGUSDC	+0.0111%	4h	65.637	+0.071%	$669K	$313K	30x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.639	+0.074%	$1.3M	$5.2M	20x	as long as short
Phoenix SILVERshort	+0.0122%	1h	65.611	+0.032%	$55K	$14K	25x
Nado XAG-PERP	+0.0135%	1h	65.590	+0.001%	$1.2M	$3.5M	10x	as long as short
Lighter XAG	+0.0136%	1h	65.606	+0.025%	$5.1M	$11.7M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0196%	8h	65.630	+0.061%	$28.0M	$85.9M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.580	−0.015%	$77K	$414K	20x	as long as short
Bullet SILVER-USD	+0.0216%	1h	65.618	+0.042%	$45K	$73K	10x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	65.616	+0.040%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0228%	4h	65.620	+0.046%	$23.2M	$53.0M	100x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.617	+0.041%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0274% / S −0.0244%	1h	65.615	+0.038%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0332%	4h	65.680	+0.137%	$2.7M	$764K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0548%	1h	65.588	−0.003%	$1.0M	$952K	25x	as long as short