XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0264%/8h= +28.9% APRnext payment +$1.32 per $10,000 · paid last 24h +0.033%

Price spread now: BloFin against HTX−0.015%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.015%, 7d avg −0.041%

Together, before fees−0.163%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.026% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.148%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.148% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	66.130	0	get 0.0000% / 4h	9m 14s	$1.0M	$968K	75x
Short	BloFin XAG-USDT	66.120	0.0264	get 0.0132% / 4h	9m 14s	$2.6M	$554K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now −0.015%Rate

Funding earned: $55.35
Price spread: −0.015% → −0.041%: $2.59
Slippage, 4 orders: −$11.74
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $22.2
Costs to cover: 0.357%
Break-even: 4.2 days

Slippage from HTX: live order book, 4 min ago; BloFin: 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 HTX live order book, 4 min ago	3.78 bp	11.3 bp −$11	11.3 bp −$113	14.2 bp −$1,423	doesn't fit
Sell BloFin live order book, 4 min ago	0.76 bp	6.8 bp −$7	6.8 bp −$68	8.4 bp −$844	15.4 bp −$7,686

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	66.018	−0.169%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.100	−0.045%	$150.1M	$163.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.110	−0.030%	$2K	$2.7M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	66.130	long leg	$1.0M	$968K	75x
Phemex XAGUSDT	0.0000%	4h	66.140	+0.015%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.029	−0.153%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.094	−0.055%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.029	−0.153%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.408%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.070	−0.091%	$795K	$3.1M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0044%	1h	65.980	−0.227%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.530	+0.605%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.079	−0.077%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.080	−0.076%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.029	−0.153%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.110	−0.030%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.053	−0.116%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0071%	24h	66.082	−0.073%	$548K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.054	−0.115%	$470K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.080	−0.076%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.030	−0.151%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0126%	1h	66.049	−0.122%	$165.9M	$73.4M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.100	−0.045%	$1.3M	$4.6M	20x	as long as short
Paradex XAG-USD-PERP	+0.0142%	8h	66.111	−0.028%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0146%	4h	66.080	−0.076%	$2.7M	$868K	100x	as long as short
Bybit XAGUSDT	+0.0172%	4h	66.130	0.000%	$27.1M	$36.1M	150x	as long as short
Lighter XAG	+0.0184%	1h	66.096	−0.052%	$5.2M	$10.7M	25x	as long as short
Aevo XAG-PERP	+0.0192%	1h	66.098	−0.049%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.020	−0.166%	$1.8M	$1.0M	20x	as long as short
Variational Omni XAG	+0.0204%	4h	66.063	−0.102%	$5.6M	$9.5M	—	as long as short
MEXC SILVER_USDT	+0.0212%	4h	66.110	−0.030%	$110.6M	$153.0M	1000x	as long as short
Nado XAG-PERP	+0.0213%	1h	66.060	−0.107%	$1.4M	$6.4M	10x	as long as short
Binance XAGUSDT	+0.0215%	4h	66.110	−0.030%	$192.7M	$700.2M	100x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	66.069	−0.092%	$80K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0227%	4h	66.058	−0.109%	$670K	$311K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0234%	8h	66.110	−0.030%	$27.7M	$65.0M	50x	as long as short
Bitget XAGUSDT	+0.0258%	4h	66.080	−0.076%	$23.8M	$45.4M	100x	as long as short
BloFin XAG-USDTshort	+0.0264%	4h	66.120	−0.015%	$2.6M	$554K	100x
GRVT XAG_USDT_Perp	+0.0276%	4h	66.090	−0.060%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0290%	1h	66.122	−0.011%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.080	−0.076%	$75K	$362K	20x	as long as short
Hibachi XAG/USDT-P	+0.0376%	1h	66.020	−0.166%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.115	−0.023%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.080	−0.075%	$912K	$683K	25x	as long as short