XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.029%

Price spread now: Gate against MEXC+0.030%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$180.180% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.030%, 7d avg +0.029%

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

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SILVER_USDT	66.490	0.0100	pay 0.0050% / 4h	3h 21m	$108.5M	$160.4M	1000x
Short	Gate XAG_USDT	66.510	0	get 0.0000% / 4h	3h 21m	$154.9M	$168.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.030%Rate

Funding earned: −$21
Price spread: +0.030% → +0.029%: $0.13
Slippage, 4 orders: −$3.01
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$38.88
Costs to cover: 0.180%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Gate: 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 MEXC live order book, 3 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$75	3.5 bp −$1,752
Sell Gate live order book, 2 min ago	0.75 bp	8.3 bp −$8	9.5 bp −$95	12.7 bp −$1,266	15.5 bp −$7,760

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	66.422	−0.102%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.500	+0.015%	$25.6M	$35.7M	150x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.448	−0.063%	$35K	$21K	20x	as long as short
Gate XAG_USDTshort	0.0000%	4h	66.510	+0.030%	$154.9M	$168.5M	100x
SunX XAG-USDT	0.0000%	4h	66.490	0.000%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.510	+0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.530	+0.060%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.419	−0.106%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.464	−0.039%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.424	−0.100%	$5.4M	$12.4M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.135%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.500	+0.015%	$800K	$2.7M	40x	as long as short
BloFin XAG-USDT	+0.0045%	4h	66.540	+0.075%	$2.6M	$709K	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.932	+0.665%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.473	−0.026%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.474	−0.024%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.410	−0.120%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.390	−0.150%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.500	+0.015%	$115K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0055%	1h	66.447	−0.065%	$165.3M	$84.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.459	−0.047%	$562K	$21.5M	8.1x	as long as short
Aster XAGUSDT	+0.0084%	4h	66.484	−0.009%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAG	+0.0089%	4h	66.514	+0.036%	$5.6M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0099%	8h	66.470	−0.030%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.435	−0.083%	$474K	$623K	10x	as long as short
MEXC SILVER_USDTlong	+0.0100%	4h	66.490	long leg	$108.5M	$160.4M	1000x
KuCoin XAGUSDTM	+0.0100%	4h	66.450	−0.060%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.470	−0.030%	$126K	$24K	50x	as long as short
Binance XAGUSDT	+0.0102%	4h	66.506	+0.025%	$192.5M	$722.0M	100x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.473	−0.026%	$48K	—	10x	as long as short
Lighter XAG	+0.0120%	1h	66.481	−0.013%	$5.4M	$10.5M	25x	as long as short
edgeX XAGUSDC	+0.0121%	4h	66.462	−0.042%	$674K	$314K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0138%	4h	66.523	+0.049%	$391K	$1.5M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.505	+0.022%	$1.2M	$4.2M	20x	as long as short
Nado XAG-PERP	+0.0172%	1h	66.454	−0.054%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0174%	4h	66.510	+0.030%	$24.5M	$47.9M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.440	−0.075%	$1.9M	$930K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0190%	8h	66.510	+0.030%	$27.9M	$67.3M	50x	as long as short
Aftermath Perps XAGUSD	+0.0198%	1h	66.489	−0.001%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0228%	1h	66.505	+0.023%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.451	−0.058%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.495	+0.008%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.460	−0.045%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.464	−0.039%	$764K	$565K	25x	as long as short