XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.003%

Price spread now: Phoenix against SoDEX+0.005%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SILVER-USD	65.542	0.0050	pay 0.0006% / 1h	43m 08s	$3K	$6K	20x
Short	Phoenix SILVER	65.545	0.0122	get 0.0015% / 1h	43m 08s	$55K	$14K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against SoDEX. 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 SoDEXbpFee PhoenixbpOrdersPrice spread, now +0.005%Rate

Funding earned: $15.07
Price spread: +0.005% → 0.000%: $0.46
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $0.52
Costs to cover: 0.150%
Break-even: 6.8 days

Slippage unknown: SoDEX: no order-book sample; Phoenix: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

SoDEX and Phoenix: 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 exchanges

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
Hotstuff SILVER-PERP	−3.2000%	1h	65.532	−0.015%	$36K	$23K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0002%	1h	65.490	−0.079%	$5.7M	$11.0M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.525	−0.025%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.620	+0.119%	$138.3M	$204.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.620	+0.119%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.640	+0.150%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.630	+0.134%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.566	+0.037%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.612	+0.107%	$4.6M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.550	+0.013%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.434%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.590	+0.073%	$789K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.035	+0.752%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.571	+0.044%	$3.8M	$893K	20x	as long as short
SoDEX SILVER-USDlong	+0.0050%	1h	65.542	long leg	$3K	$6K	20x
QFEX SILVER-USD	+0.0051%	1h	65.590	+0.073%	$446K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	65.586	+0.067%	$29K	—	5x	as long as short
tradeXYZ xyz:SILVER	+0.0059%	1h	65.576	+0.052%	$174.3M	$94.1M	25x	as long as short
Variational Omni XAG	+0.0081%	4h	65.578	+0.055%	$5.7M	$9.1M	—	as long as short
Pacifica XAG	+0.0100%	1h	65.542	0.000%	$466K	$567K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.580	+0.058%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.590	+0.073%	$112K	$19K	50x	as long as short
Kalshi KXSILVERPERP	+0.0100%	24h	65.595	+0.081%	$718K	$38.7M	8.1x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.591	+0.075%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	+0.226%	$1.6M	$1.9M	20x	as long as short
Aster XAGUSDT	+0.0104%	4h	65.600	+0.088%	$2.7M	$1.1M	100x	as long as short
Binance XAGUSDT	+0.0105%	4h	65.610	+0.104%	$191.5M	$864.1M	100x	as long as short
MEXC SILVER_USDT	+0.0106%	4h	65.600	+0.088%	$110.6M	$163.3M	1000x	as long as short
edgeX XAGUSDC	+0.0115%	4h	65.564	+0.034%	$668K	$315K	30x	as long as short
Bybit XAGUSDT	+0.0116%	4h	65.620	+0.119%	$30.6M	$48.2M	150x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.606	+0.098%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVERshort	+0.0122%	1h	65.545	+0.005%	$55K	$14K	25x
GRVT XAG_USDT_Perp	+0.0130%	4h	65.656	+0.174%	$396K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0138%	1h	65.571	+0.044%	$1.2M	$3.6M	10x	as long as short
Lighter XAG	+0.0144%	1h	65.609	+0.102%	$5.1M	$11.6M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.600	+0.088%	$77K	$414K	20x	as long as short
Bullet SILVER-USD	+0.0208%	1h	65.616	+0.113%	$45K	$73K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0210%	8h	65.610	+0.104%	$28.0M	$85.6M	50x	as long as short
Aftermath Perps XAGUSD	+0.0224%	1h	65.609	+0.102%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0238%	4h	65.620	+0.119%	$23.2M	$52.7M	100x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	65.554	+0.019%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0271% / S −0.0239%	1h	65.605	+0.096%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0347%	4h	65.590	+0.073%	$2.7M	$771K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0548%	1h	65.578	+0.055%	$1.0M	$943K	25x	as long as short