XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.032%

Price spread now: edgeX against Gate+0.057%67s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.301% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.057%, 7d avg −0.008%

Together, before fees−0.011%+ Points / potential airdropedgeX: Active · farm board−$1 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 edgeX is 0.065% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	64.900	0.0016	pay 0.0008% / 4h	3h 36m	$138.6M	$181.7M	100x
Short	edgeX XAGUSDC	64.937	0.0061	get 0.0030% / 4h	3h 36m	$661K	$313K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now +0.057%Rate

Funding earned: $9.38
Price spread: +0.057% → −0.008%: $6.55
Slippage, 4 orders: −$6.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$14.21
Costs to cover: 0.301%
Break-even: 17.6 days

Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 62 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 Gate live order book, 3 min ago	0.77 bp	8.3 bp −$8	9.5 bp −$95	12.5 bp −$1,254	15.6 bp −$7,819
Sell edgeX live order book, 62 min ago	2.30 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$924	21.3 bp −$10.6K

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	64.862	−0.058%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	64.890	−0.015%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	64.950	+0.077%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	64.940	+0.062%	$1.4M	$310K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.850	−0.077%	$117K	—	250x	as long as short
Variational Omni XAG	+0.0012%	4h	64.904	+0.007%	$5.3M	$9.1M	—	as long as short
Gate XAG_USDTlong	+0.0016%	4h	64.900	long leg	$138.6M	$181.7M	100x
Lighter RH XAG	+0.0032%	1h	64.915	+0.023%	$4.6M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.827	−0.112%	$5.0M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.311%	$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	64.940	+0.062%	$781K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.304	+0.622%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	64.890	−0.015%	$445K	$1.5M	20x	as long as short
MEXC SILVER_USDT	+0.0048%	4h	64.870	−0.046%	$120.9M	$158.0M	1000x	as long as short
Binance XAGUSDT	+0.0050%	4h	64.880	−0.031%	$195.7M	$769.4M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.827	−0.112%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.822	−0.120%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.780	−0.185%	$5.6M	$9.9M	25x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	64.889	−0.017%	$29K	$166	5x	as long as short
edgeX XAGUSDCshort	+0.0061%	4h	64.937	+0.057%	$661K	$313K	30x
Aevo XAG-PERP	+0.0064%	1h	64.870	−0.046%	$47K	—	10x	as long as short
Aster XAGUSDT	+0.0065%	4h	64.887	−0.020%	$2.6M	$997K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	64.900	0.000%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0084%	24h	64.936	+0.055%	$485K	$33.8M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0088%	1h	64.925	+0.039%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	64.860	−0.062%	$463K	$592K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	64.840	−0.092%	$25.1M	$4.5M	75x	as long as short
GRVT XAG_USDT_Perp	+0.0100%	4h	64.907	+0.011%	$390K	$1.6M	25x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.880	−0.031%	$111K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	64.865	−0.054%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0137%	1h	64.843	−0.088%	$174.0M	$86.6M	25x	as long as short
Nado XAG-PERP	+0.0156%	1h	64.818	−0.126%	$1.2M	$4.3M	10x	as long as short
RISEx XAG/USDC	+0.0158%	1h	64.879	−0.032%	$1.2M	$4.9M	20x	as long as short
Bybit XAGUSDT	+0.0170%	4h	64.920	+0.031%	$29.3M	$41.9M	150x	as long as short
Bitget XAGUSDT	+0.0186%	4h	64.880	−0.031%	$23.1M	$45.5M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0192%	8h	64.910	+0.015%	$28.6M	$72.6M	50x	as long as short
BloFin XAG-USDT	+0.0199%	4h	64.920	+0.031%	$2.7M	$646K	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0213%	1h	64.880	−0.031%	$76K	$426K	20x	as long as short
Aftermath Perps XAGUSD	+0.0217%	1h	64.899	−0.002%	$78K	$37K	10x	as long as short
Lighter XAG	+0.0224%	1h	64.909	+0.013%	$5.3M	$11.0M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0237% / S −0.0196%	1h	64.895	−0.008%	$92K	—	111x	as long as short
Bullet SILVER-USD	+0.0299%	1h	64.882	−0.027%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	64.882	−0.028%	$20K	$15K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0420%	1h	64.875	−0.038%	$1.0M	$868K	25x	as long as short