XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against MEXC−0.045%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 7 days−0.005%$0 · spread now −0.045%, 7d avg −0.056%

Together, before fees+0.065%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SILVER_USDT	66.350	0.0194	pay 0.0097% / 4h	1h 21m	$106.0M	$153.7M	1000x
Short	KuCoin XAGUSDTM	66.320	0.0100	get 0.0050% / 4h	1h 21m	$24.5M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$19.74
Price spread: −0.045% → −0.056%: $1.08
Slippage, 4 orders: −$6.3
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$36.96
Costs to cover: 0.183%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 7 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	2.9 bp −$1,465
Sell KuCoin live order book, 7 min ago	0.75 bp	8.3 bp −$8	14.4 bp −$144	doesn't fit	doesn't fit

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	66.268	−0.124%	$15K	—	5x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.324	−0.039%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.370	+0.030%	$150.3M	$164.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.340	−0.015%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.380	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.350	0.000%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.270	−0.120%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.346	−0.007%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.293	−0.086%	$5.3M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.075%	$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	66.290	−0.090%	$797K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.788	+0.660%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.306	−0.066%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.268	−0.124%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.230	−0.181%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.340	−0.015%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0065%	24h	66.330	−0.030%	$537K	$24.6M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.304	−0.069%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0097%	1h	66.323	−0.041%	$166.1M	$73.5M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.299	−0.077%	$472K	$610K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	66.320	−0.045%	$24.5M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.340	−0.015%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0132%	8h	66.349	−0.002%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0134%	4h	66.350	0.000%	$2.7M	$877K	100x	as long as short
Bybit XAGUSDT	+0.0147%	4h	66.370	+0.030%	$26.9M	$36.1M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.343	−0.011%	$48K	—	10x	as long as short
BloFin XAG-USDT	+0.0181%	4h	66.340	−0.015%	$2.6M	$553K	100x	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.365	+0.023%	$1.3M	$4.5M	20x	as long as short
Variational Omni XAG	+0.0184%	4h	66.321	−0.043%	$5.6M	$9.8M	—	as long as short
Lighter XAG	+0.0192%	1h	66.353	+0.005%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.350	0.000%	$1.9M	$995K	20x	as long as short
MEXC SILVER_USDTlong	+0.0194%	4h	66.350	long leg	$106.0M	$153.7M	1000x
Binance XAGUSDT	+0.0195%	4h	66.350	0.000%	$192.2M	$705.4M	100x	as long as short
Nado XAG-PERP	+0.0214%	1h	66.308	−0.064%	$1.3M	$6.6M	10x	as long as short
edgeX XAGUSDC	+0.0215%	4h	66.339	−0.016%	$673K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.360	+0.015%	$27.7M	$65.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0232%	1h	66.307	−0.065%	$80K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0244%	4h	66.350	0.000%	$23.8M	$45.6M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0268%	4h	66.396	+0.069%	$402K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.300	−0.075%	$20K	$19K	10x	as long as short
Bullet SILVER-USD	+0.0278%	1h	66.354	+0.007%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0352% / S −0.0374%	1h	66.345	−0.008%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.320	−0.045%	$50K	$322K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.322	−0.043%	$915K	$671K	25x	as long as short