XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0488%/8h= −53.5% APRnext payment −$0.61 per $10,000 · paid last 24h −0.085%

Price spread now: dYdX against Kraken Futures−0.067%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and dYdX is 0.067% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XAGUSD	66.520	0.0488	pay 0.0061% / 1h	0m 29s	$765K	$564K	25x
Short	dYdX XAG-USD	66.475	0	get 0.0000% / 1h	0m 29s	$15K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now −0.067%Rate

Funding earned: −$102.58
Price spread: −0.067% → 0.000%: −$6.7
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$129.28
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 8 min ago; dYdX: no order-book sample. Net counts fees only.

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 Kraken Futures live order book, 8 min ago	2.75 bp	8.9 bp −$9	13.7 bp −$137	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDshort	0.0000%	1h	66.475	−0.067%	$15K	—	5x
Bybit XAGUSDT	0.0000%	4h	66.540	+0.030%	$25.5M	$35.7M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.550	+0.045%	$154.8M	$169.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.560	+0.060%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.590	+0.105%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.550	+0.045%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.489	−0.047%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.534	+0.022%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.469	−0.077%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.181%	$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	+0.105%	$801K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.972	+0.679%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.507	−0.020%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.499	−0.032%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.475	−0.068%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.440	−0.120%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.530	+0.015%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.519	−0.002%	$566K	$21.7M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0070%	1h	66.489	−0.047%	$165.8M	$84.9M	25x	as long as short
Hotstuff SILVER-PERP	+0.0072%	1h	66.514	−0.009%	$35K	$21K	20x	as long as short
Aster XAGUSDT	+0.0097%	4h	66.512	−0.013%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.484	−0.054%	$474K	$619K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.510	−0.015%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.530	+0.015%	$127K	$24K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.035%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.542	+0.033%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0120%	1h	66.541	+0.032%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	66.550	+0.045%	$108.9M	$161.4M	1000x	as long as short
BloFin XAG-USDT	+0.0122%	4h	66.590	+0.105%	$2.6M	$683K	100x	as long as short
Binance XAGUSDT	+0.0123%	4h	66.530	+0.015%	$193.5M	$717.6M	100x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.552	+0.048%	$675K	$315K	30x	as long as short
Lighter XAG	+0.0128%	1h	66.514	−0.009%	$5.4M	$10.6M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.540	+0.030%	$1.3M	$4.2M	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.530	+0.015%	$1.9M	$935K	20x	as long as short
Nado XAG-PERP	+0.0188%	1h	66.502	−0.027%	$1.3M	$6.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.559	+0.058%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0195%	8h	66.530	+0.015%	$27.9M	$66.7M	50x	as long as short
Bitget XAGUSDT	+0.0196%	4h	66.530	+0.015%	$24.6M	$47.4M	100x	as long as short
Aftermath Perps XAGUSD	+0.0208%	1h	66.536	+0.025%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0250%	1h	66.564	+0.066%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.531	+0.016%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.555	+0.053%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.530	+0.015%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSDlong	+0.0488%	1h	66.520	long leg	$765K	$564K	25x