XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against SunX+0.015%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$840.835% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.015%, 7d avg −0.011%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.026% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	66.150	0	get 0.0000% / 4h	2h 47m	$3K	$2.6M	20x
Short	Gate XAG_USDT	66.160	0.0044	get 0.0022% / 4h	2h 47m	$149.9M	$154.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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 SunXbpFee GatebpOrdersPrice spread, now +0.015%Rate

Funding earned: $9.24
Price spread: +0.015% → −0.011%: $2.61
Slippage, 4 orders: −$60.54
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$71.69
Costs to cover: 0.835%
Break-even: 61.3 days

Slippage from SunX: live order book, 10 min ago; Gate: live order book, 1 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 SunX live order book, 10 min ago	29.52 bp	33.5 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.76 bp	8.3 bp −$8	9.6 bp −$96	12.6 bp −$1,261	15.8 bp −$7,889

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	−0.0027%	1h	66.030	−0.181%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.104	−0.070%	$14K	$66	5x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.150	long leg	$3K	$2.6M	20x
HTX XAG-USDT	0.0000%	4h	66.170	+0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.150	0.000%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.090	−0.091%	$121K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.144	−0.009%	$1.3M	$4.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.145	−0.007%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.088	−0.094%	$5.2M	$11.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.378%	$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
Phoenix SILVER	+0.0036%	1h	66.018	−0.200%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.150	0.000%	$796K	$3.0M	40x	as long as short
Gate XAG_USDTshort	+0.0044%	4h	66.160	+0.015%	$149.9M	$154.0M	100x
Vest SI-PERP	+0.0046%	1h	66.571	+0.636%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.111	−0.059%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.092	−0.088%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.130	−0.030%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	66.112	−0.057%	$30K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0073%	1h	66.118	−0.048%	$166.7M	$73.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	66.109	−0.062%	$519K	$26.7M	8.1x	as long as short
Bybit XAGUSDT	+0.0082%	4h	66.150	0.000%	$27.8M	$36.2M	150x	as long as short
Pacifica XAG	+0.0100%	1h	66.080	−0.106%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	−0.060%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.100	−0.076%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0109%	4h	66.136	−0.022%	$2.7M	$873K	100x	as long as short
Lighter XAG	+0.0136%	1h	66.149	−0.002%	$5.2M	$10.6M	25x	as long as short
BloFin XAG-USDT	+0.0146%	4h	66.130	−0.030%	$2.6M	$571K	100x	as long as short
Variational Omni XAG	+0.0151%	4h	66.143	−0.010%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0152%	1h	66.148	−0.004%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0162%	4h	66.142	−0.013%	$191.3M	$703.0M	100x	as long as short
MEXC SILVER_USDT	+0.0162%	4h	66.140	−0.015%	$116.4M	$151.8M	1000x	as long as short
Nado XAG-PERP	+0.0164%	1h	66.103	−0.071%	$1.4M	$5.6M	10x	as long as short
edgeX XAGUSDC	+0.0172%	4h	66.086	−0.097%	$671K	$311K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.257%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	66.090	−0.091%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.130	−0.030%	$74K	$364K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.160	+0.015%	$395K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0221%	8h	66.140	−0.015%	$27.8M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0222%	4h	66.140	−0.015%	$24.0M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0230%	1h	66.151	+0.002%	$44K	$76K	10x	as long as short
Hotstuff SILVER-PERP	+0.0320%	1h	66.129	−0.032%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0328%	1h	66.100	−0.076%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.155	+0.008%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.120	−0.045%	$909K	$688K	25x	as long as short