XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.77 per $10,000 · paid last 24h +0.032%

Price spread now: MEXC against HTX0.000%7-day average −0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.068%−$7 · spread now 0.000%, 7d avg −0.075%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.075% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	66.500	0	get 0.0000% / 4h	2h 33m	$1.1M	$1.1M	75x
Short	MEXC SILVER_USDT	66.500	0.0154	get 0.0077% / 4h	2h 33m	$102.5M	$158.1M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $32.34
Price spread: 0.000% → −0.075%: $7.5
Slippage, 4 orders: −$10.44
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: $17.39
Costs to cover: 0.224%
Break-even: 3.2 days

Slippage from HTX: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago	3.76 bp	9.8 bp −$10	9.8 bp −$98	13.4 bp −$1,342	doesn't fit
Sell MEXC live order book, 5 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$75	2.9 bp −$1,465

XAG on 43 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	−0.113%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.421	−0.118%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.510	+0.015%	$153.5M	$162.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.480	−0.030%	$2K	$2.8M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	66.500	long leg	$1.1M	$1.1M	75x
Phemex XAGUSDT	0.0000%	4h	66.530	+0.045%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.416	−0.127%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.479	−0.032%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.432	−0.102%	$5.4M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.150%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.480	−0.030%	$800K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.892	+0.589%	—	—	25x	as long as short
Ondo Perps XAG-USD.P	+0.0046%	1h	66.320	−0.271%	$5.7M	$9.6M	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.346	−0.232%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.440	−0.090%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.415	−0.128%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.440	−0.090%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.411	−0.134%	$563K	$23.4M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.440	−0.090%	$1.2M	$4.3M	20x	as long as short
Bybit XAGUSDT	+0.0082%	4h	66.530	+0.045%	$26.4M	$35.9M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0096%	1h	66.479	−0.032%	$166.0M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.366	−0.202%	$472K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.460	−0.060%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.310	−0.286%	$126K	$23K	50x	as long as short
Aster XAGUSDT	+0.0119%	4h	66.481	−0.029%	$2.8M	$960K	100x	as long as short
Paradex XAG-USD-PERP	+0.0125%	8h	66.416	−0.127%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0140%	4h	66.405	−0.143%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0144%	1h	66.484	−0.024%	$48K	—	10x	as long as short
MEXC SILVER_USDTshort	+0.0154%	4h	66.500	0.000%	$102.5M	$158.1M	1000x
Binance XAGUSDT	+0.0158%	4h	66.510	+0.015%	$193.0M	$708.4M	100x	as long as short
edgeX XAGUSDC	+0.0166%	4h	66.514	+0.020%	$675K	$314K	30x	as long as short
Lighter XAG	+0.0176%	1h	66.479	−0.032%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	+0.030%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0199%	8h	66.500	0.000%	$28.0M	$66.0M	50x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	66.442	−0.088%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0228%	1h	66.409	−0.137%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0230%	4h	66.500	0.000%	$24.0M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0242%	4h	66.526	+0.038%	$391K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	66.405	−0.143%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0282%	1h	66.472	−0.042%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.495	−0.008%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.442	−0.087%	$766K	$482K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0503%	1h	66.480	−0.030%	$50K	$325K	20x	as long as short