XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%

Price spread now: Coinbase International against Nado−0.050%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$200.201% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.050%, 7d avg +0.007%

Together, before fees+0.169%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.058% cheaper against Nado than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.007%). If the spread goes back, that is −$6 on $10k: about 8.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAG-PERP	66.013	0.0186	pay 0.0023% / 1h	5m 37s	$1.4M	$5.8M	10x
Short	Coinbase International SILVER-PERP-INTX	65.980	0.0208	get 0.0026% / 1h	5m 37s	$1.8M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now −0.050%Rate

Funding earned: $4.66
Price spread: −0.050% → +0.007%: −$5.78
Slippage, 4 orders: −$3.13
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$21.26
Costs to cover: 0.201%
Break-even: 38.9 days

Slippage from Nado: live order book, 3 min ago; Coinbase International: live order book, 3 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 Nado live order book, 3 min ago	0.08 bp	3.6 bp −$4	6.6 bp −$66	28.5 bp −$2,850	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.76 bp	6.0 bp −$6	8.8 bp −$88	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
Ondo Perps XAG-USD.P	−0.0051%	1h	65.950	−0.096%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.038%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.080	+0.101%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.100	+0.131%	$1.0M	$980K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.060	+0.071%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.994	−0.029%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.049	+0.055%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.995	−0.027%	$5.2M	$11.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.027	+0.021%	$35K	$21K	20x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.586%	$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	66.020	+0.010%	$794K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.475	+0.699%	—	—	25x	as long as short
Gate XAG_USDT	+0.0046%	4h	66.070	+0.086%	$149.8M	$164.4M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.025	+0.018%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.994	−0.029%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	66.044	+0.047%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.050	+0.056%	$114K	$2.7M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0060%	1h	66.023	+0.015%	$166.3M	$73.8M	25x	as long as short
Phoenix SILVER	+0.0073%	1h	65.977	−0.055%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.020	+0.010%	$479K	$26.6M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.062	+0.074%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.997	−0.025%	$469K	$604K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.030	+0.025%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.960	−0.081%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0108%	4h	66.080	+0.101%	$27.8M	$36.5M	150x	as long as short
Lighter XAG	+0.0120%	1h	66.052	+0.058%	$5.2M	$10.9M	25x	as long as short
Aster XAGUSDT	+0.0121%	4h	66.050	+0.056%	$2.7M	$866K	100x	as long as short
Variational Omni XAG	+0.0164%	4h	66.053	+0.061%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.046	+0.049%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0174%	4h	66.050	+0.056%	$114.5M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0175%	4h	66.060	+0.071%	$190.9M	$703.1M	100x	as long as short
edgeX XAGUSDC	+0.0182%	4h	66.013	−0.001%	$670K	$311K	30x	as long as short
Nado XAG-PERPlong	+0.0186%	1h	66.013	long leg	$1.4M	$5.8M	10x
Aftermath Perps XAGUSD	+0.0198%	1h	66.020	+0.010%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.030	+0.025%	$75K	$363K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.028	+0.021%	$394K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTXshort	+0.0208%	1h	65.980	−0.050%	$1.8M	$1.0M	20x
BloFin XAG-USDT	+0.0224%	4h	66.030	+0.025%	$2.6M	$569K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0224%	8h	66.070	+0.086%	$27.8M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0228%	4h	66.070	+0.086%	$24.0M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0236%	1h	66.063	+0.075%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.017	+0.005%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.065	+0.078%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.039	+0.039%	$911K	$685K	25x	as long as short