XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.005%

Price spread now: QFEX against Extended+0.081%7-day average +0.026% · 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−$14as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on Extended Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.034%−$3 on $10k

Price spread, last 7 days−0.077%−$8 · spread now +0.081%, 7d avg +0.026%

Together, before fees−0.112%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.056% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	65.387	0.0032	pay 0.0004% / 1h	7m 57s	$5.1M	$11.6M	10x
Short	QFEX SILVER-USD	65.440	0.0062	get 0.0008% / 1h	7m 57s	$444K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Extended. 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 ExtendedbpFee QFEXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $6.28
Price spread: +0.081% → +0.026%: $5.57
Slippage, 4 orders: −$4.89
Fee Extended: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$8.03
Costs to cover: 0.199%
Break-even: 15.9 days

Slippage from Extended: live order book, 4 min ago; QFEX: live order book, 2 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 Extended live order book, 4 min ago	0.08 bp	2.7 bp −$3	6.4 bp −$64	15.3 bp −$1,531	doesn't fit
Sell QFEX live order book, 2 min ago	2.29 bp	7.3 bp −$7	7.3 bp −$73	8.9 bp −$891	13.1 bp −$6,568

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
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−1.200%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0007%	1h	65.330	−0.087%	$5.7M	$10.5M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.390	+0.006%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.470	+0.127%	$139.3M	$200.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.470	+0.127%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.490	+0.158%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.460	+0.112%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.377	−0.015%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.445	+0.090%	$4.5M	$9.7M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	65.387	long leg	$5.1M	$11.6M	10x

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SILVER-PERP	+0.0040%	1h	65.416	+0.045%	$36K	$23K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	65.430	+0.066%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.873	+0.744%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.420	+0.051%	$3.8M	$892K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.387	0.000%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	65.438	+0.078%	$29K	$166	5x	as long as short
QFEX SILVER-USDshort	+0.0062%	1h	65.440	+0.081%	$444K	$1.4M	20x
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.390	+0.005%	$1.6M	$1.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0097%	24h	65.445	+0.089%	$625K	$37.3M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.402	+0.023%	$465K	$572K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.420	+0.051%	$25.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.400	+0.020%	$112K	$19K	50x	as long as short
Variational Omni XAG	+0.0101%	4h	65.440	+0.082%	$5.7M	$9.2M	—	as long as short
Phoenix SILVER	+0.0110%	1h	65.406	+0.029%	$55K	$13K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0119%	1h	65.415	+0.043%	$174.2M	$92.8M	25x	as long as short
Aevo XAG-PERP	+0.0128%	1h	65.439	+0.079%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0130%	4h	65.450	+0.097%	$120.8M	$167.3M	1000x	as long as short
Binance XAGUSDT	+0.0131%	4h	65.460	+0.112%	$193.0M	$836.6M	100x	as long as short
edgeX XAGUSDC	+0.0132%	4h	65.468	+0.124%	$667K	$313K	30x	as long as short
Aster XAGUSDT	+0.0135%	4h	65.421	+0.052%	$2.7M	$1.1M	100x	as long as short
Nado XAG-PERP	+0.0176%	1h	65.412	+0.039%	$1.2M	$3.7M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0184%	4h	65.455	+0.104%	$395K	$1.6M	25x	as long as short
Lighter XAG	+0.0192%	1h	65.443	+0.086%	$5.1M	$11.7M	25x	as long as short
Bybit XAGUSDT	+0.0200%	4h	65.470	+0.127%	$30.5M	$46.8M	150x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.458	+0.109%	$1.2M	$4.9M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.430	+0.066%	$77K	$411K	20x	as long as short
Aftermath Perps XAGUSD	+0.0213%	1h	65.400	+0.020%	$79K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0213%	8h	65.460	+0.112%	$28.0M	$82.6M	50x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	65.405	+0.028%	$21K	$12K	10x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.460	+0.112%	$23.1M	$50.4M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0265% / S −0.0231%	1h	65.455	+0.104%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0275%	1h	65.457	+0.107%	$44K	$74K	10x	as long as short
BloFin XAG-USDT	+0.0370%	4h	65.440	+0.081%	$2.7M	$758K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0774%	1h	65.419	+0.050%	$1.0M	$937K	25x	as long as short