XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0158%/8h= −17.3% APRnext payment −$0.79 per $10,000 · paid last 24h −0.032%

Price spread now: SunX against Binance−0.012%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$780.783% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 2 days (all we have)+0.010%+$1 · spread now −0.012%, 7d avg +0.013%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAGUSDT	66.488	0.0158	pay 0.0079% / 4h	2h 34m	$192.9M	$708.1M	100x
Short	SunX XAG-USDT	66.480	0	get 0.0000% / 4h	2h 34m	$2K	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$33.17
Price spread: −0.012% → +0.013%: −$2.56
Slippage, 4 orders: −$60.27
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$114
Costs to cover: 0.783%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; SunX: live order book, 3 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 Binance live order book, 10 min ago	0.75 bp	5.8 bp −$6	5.8 bp −$58	8.2 bp −$820	23.2 bp −$11.6K
Sell SunX live order book, 3 min ago	29.38 bp	33.4 bp −$33	63.0 bp −$630	doesn't fit	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
Hotstuff SILVER-PERP	−0.0008%	1h	66.425	−0.095%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.421	−0.100%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.470	−0.028%	$153.4M	$162.6M	100x	as long as short
SunX XAG-USDTshort	0.0000%	4h	66.480	−0.012%	$2K	$2.8M	20x
HTX XAG-USDT	0.0000%	4h	66.500	+0.018%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	−0.028%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.416	−0.109%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.434	−0.081%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.404	−0.127%	$5.4M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.133%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.480	−0.012%	$800K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.892	+0.607%	—	—	25x	as long as short
Ondo Perps XAG-USD.P	+0.0046%	1h	66.320	−0.253%	$5.7M	$9.6M	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.346	−0.214%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.440	−0.073%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.415	−0.110%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.440	−0.073%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.421	−0.101%	$631K	$23.3M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.440	−0.073%	$1.2M	$4.3M	20x	as long as short
Bybit XAGUSDT	+0.0082%	4h	66.510	+0.033%	$26.4M	$35.9M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0095%	1h	66.427	−0.092%	$165.8M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.366	−0.184%	$472K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.410	−0.118%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.310	−0.268%	$126K	$23K	50x	as long as short
BloFin XAG-USDT	+0.0103%	4h	66.570	+0.123%	$2.6M	$624K	100x	as long as short
Aster XAGUSDT	+0.0119%	4h	66.435	−0.080%	$2.8M	$960K	100x	as long as short
Paradex XAG-USD-PERP	+0.0125%	8h	66.416	−0.109%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0140%	4h	66.405	−0.126%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0144%	1h	66.484	−0.007%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0154%	4h	66.460	−0.043%	$102.4M	$158.1M	1000x	as long as short
Binance XAGUSDTlong	+0.0158%	4h	66.488	long leg	$192.9M	$708.1M	100x
edgeX XAGUSDC	+0.0166%	4h	66.514	+0.038%	$675K	$314K	30x	as long as short
Lighter XAG	+0.0176%	1h	66.421	−0.102%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	+0.048%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0199%	8h	66.490	+0.003%	$28.0M	$65.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	66.442	−0.070%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0228%	1h	66.409	−0.120%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0230%	4h	66.490	+0.003%	$24.0M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0242%	4h	66.526	+0.056%	$391K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	66.405	−0.125%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0282%	1h	66.472	−0.024%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.495	+0.010%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.442	−0.070%	$766K	$482K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0503%	1h	66.480	−0.012%	$50K	$325K	20x	as long as short