XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.012%

Price spread now: tradeXYZ against RISEx−0.088%7-day average −0.065% · 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−$28as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on RISEx Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.027%−$3 on $10k

Price spread, last 7 days+0.045%+$5 · spread now −0.088%, 7d avg −0.065%

Together, before fees+0.018%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.023% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.065%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAG/USDC	66.220	0.0137	pay 0.0017% / 1h	58m 59s	$1.3M	$4.4M	20x
Short	tradeXYZ xyz:SILVER	66.161	0.0119	get 0.0015% / 1h	58m 59s	$165.5M	$73.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against RISEx. 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 RISExbpFee tradeXYZbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$3.68
Price spread: −0.088% → −0.065%: −$2.32
Slippage, 4 orders: −$1.63
Fee RISEx: 3 bp × 2 orders: −$6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$31.63
Costs to cover: 0.256%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; tradeXYZ: live order book, 11 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 RISEx live order book, 5 min ago	0.42 bp	3.4 bp −$3	3.8 bp −$38	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.08 bp	9.3 bp −$9	10.3 bp −$103	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	66.087	−0.200%	$15K	—	5x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.161	−0.088%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.210	−0.014%	$149.9M	$162.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.220	+0.001%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.210	−0.014%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.220	+0.001%	$1.5M	$256K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.126	−0.141%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.191	−0.044%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.126	−0.141%	$5.2M	$11.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.272%	$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	66.180	−0.060%	$796K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.627	+0.615%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.164	−0.084%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.125	−0.143%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.050	−0.256%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.200	−0.030%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0066%	24h	66.171	−0.073%	$546K	$24.8M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.131	−0.134%	$56K	$25K	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.148	−0.108%	$471K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.170	−0.075%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.135%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVERshort	+0.0119%	1h	66.161	−0.088%	$165.5M	$73.9M	25x
Aster XAGUSDT	+0.0126%	4h	66.200	−0.030%	$2.7M	$876K	100x	as long as short
Paradex XAG-USD-PERP	+0.0131%	8h	66.198	−0.032%	$30K	$1K	5x	as long as short
RISEx XAG/USDClong	+0.0137%	1h	66.220	long leg	$1.3M	$4.4M	20x
Bybit XAGUSDT	+0.0138%	4h	66.210	−0.014%	$26.9M	$36.0M	150x	as long as short
Lighter XAG	+0.0144%	1h	66.191	−0.043%	$5.2M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.194	−0.038%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0181%	4h	66.181	−0.058%	$5.6M	$9.8M	—	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.200	−0.030%	$107.8M	$151.9M	1000x	as long as short
Binance XAGUSDT	+0.0194%	4h	66.207	−0.020%	$192.3M	$704.1M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.180	−0.060%	$1.8M	$1.0M	20x	as long as short
edgeX XAGUSDC	+0.0203%	4h	66.161	−0.088%	$671K	$315K	30x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.170	−0.075%	$63K	$337K	20x	as long as short
Nado XAG-PERP	+0.0207%	1h	66.148	−0.109%	$1.3M	$6.5M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0218%	8h	66.200	−0.030%	$27.7M	$65.8M	50x	as long as short
BloFin XAG-USDT	+0.0222%	4h	66.190	−0.045%	$2.6M	$551K	100x	as long as short
Aftermath Perps XAGUSD	+0.0229%	1h	66.145	−0.112%	$80K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0240%	4h	66.200	−0.030%	$23.8M	$45.6M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0258%	4h	66.190	−0.045%	$397K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.130	−0.135%	$20K	$19K	10x	as long as short
Bullet SILVER-USD	+0.0306%	1h	66.203	−0.025%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0363% / S −0.0391%	1h	66.205	−0.022%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0484%	1h	66.176	−0.066%	$913K	$674K	25x	as long as short