XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.018%

Price spread now: RISEx against Coinbase International+0.015%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.057%−$6 on $10k

Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.015%, 7d avg +0.036%

Together, before fees−0.053%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.021% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.036%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SILVER-PERP-INTX	66.530	0.0184	pay 0.0023% / 1h	0m 25s	$1.9M	$935K	20x
Short	RISEx XAG/USDC	66.540	0.0148	get 0.0019% / 1h	0m 25s	$1.3M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Coinbase International. 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 Coinbase InternationalbpFee RISExbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$7.47
Price spread: +0.015% → +0.036%: −$2.09
Slippage, 4 orders: −$5.08
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$30.63
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; RISEx: 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 Coinbase International live order book, 3 min ago	2.26 bp	7.3 bp −$7	8.2 bp −$82	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	0.28 bp	3.3 bp −$3	4.4 bp −$44	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
dYdX XAG-USD	0.0000%	1h	66.475	−0.082%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.540	+0.015%	$25.5M	$35.7M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.530	0.000%	$154.7M	$169.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.560	+0.045%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.590	+0.090%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.550	+0.030%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.467	−0.094%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.534	+0.007%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.469	−0.092%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.195%	$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	66.590	+0.090%	$801K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.972	+0.664%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.507	−0.035%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.499	−0.047%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.475	−0.083%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.440	−0.135%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.530	0.000%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.519	−0.017%	$566K	$21.7M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0070%	1h	66.493	−0.056%	$165.9M	$85.0M	25x	as long as short
Hotstuff SILVER-PERP	+0.0072%	1h	66.514	−0.024%	$35K	$21K	20x	as long as short
Aster XAGUSDT	+0.0097%	4h	66.510	−0.030%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.484	−0.069%	$474K	$619K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.500	−0.045%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.530	0.000%	$127K	$24K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.020%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.542	+0.018%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0120%	1h	66.519	−0.016%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	66.520	−0.015%	$108.9M	$161.4M	1000x	as long as short
BloFin XAG-USDT	+0.0122%	4h	66.590	+0.090%	$2.6M	$683K	100x	as long as short
Binance XAGUSDT	+0.0123%	4h	66.530	0.000%	$193.5M	$718.1M	100x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.552	+0.033%	$675K	$315K	30x	as long as short
Lighter XAG	+0.0128%	1h	66.514	−0.024%	$5.4M	$10.6M	25x	as long as short
RISEx XAG/USDCshort	+0.0148%	1h	66.540	+0.015%	$1.3M	$4.2M	20x
Coinbase International SILVER-PERP-INTXlong	+0.0184%	1h	66.530	long leg	$1.9M	$935K	20x
Nado XAG-PERP	+0.0188%	1h	66.502	−0.042%	$1.3M	$6.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.559	+0.043%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0195%	8h	66.540	+0.015%	$28.0M	$66.8M	50x	as long as short
Bitget XAGUSDT	+0.0196%	4h	66.530	0.000%	$24.6M	$47.5M	100x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	66.511	−0.029%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0250%	1h	66.543	+0.020%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.505	−0.038%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.535	+0.008%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.530	0.000%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0488%	1h	66.520	−0.015%	$765K	$564K	25x	as long as short