XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%

Price spread now: Coinbase International against ApeX Omni0.000%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$520.522% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 4 days (all we have)+0.098%+$10 · spread now 0.000%, 7d avg −0.016%

Together, before fees+0.143%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAGUSDT	66.020	0.0100	pay 0.0013% / 1h	5m 38s	$113K	$30K	50x
Short	Coinbase International SILVER-PERP-INTX	66.020	0.0200	get 0.0025% / 1h	5m 38s	$1.8M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21
Price spread: 0.000% → −0.016%: $1.57
Slippage, 4 orders: −$32.23
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$29.66
Costs to cover: 0.522%
Break-even: 16.9 days

Slippage from ApeX Omni: live order book, 50 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 ApeX Omni live order book, 50 min ago	9.08 bp	21.6 bp −$22	78.8 bp −$788	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.76 bp	7.1 bp −$7	8.3 bp −$83	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	66.018	−0.003%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.050	+0.045%	$150.0M	$163.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.040	+0.030%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.130	+0.167%	$1.0M	$968K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.090	+0.106%	$1.5M	$318K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.983	−0.057%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.030	+0.016%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.968	−0.079%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.576%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.060	+0.061%	$795K	$3.1M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0044%	1h	65.930	−0.136%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.484	+0.703%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.006	−0.021%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.020	0.000%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.981	−0.059%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.010	−0.015%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.053	+0.050%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	66.015	−0.008%	$547K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.986	−0.051%	$470K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.010	−0.015%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDTlong	+0.0100%	1h	66.020	long leg	$113K	$30K	50x
tradeXYZ xyz:SILVER	+0.0126%	1h	66.004	−0.024%	$165.9M	$73.5M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.011	−0.013%	$1.3M	$4.6M	20x	as long as short
Paradex XAG-USD-PERP	+0.0144%	8h	66.029	+0.014%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0149%	4h	66.040	+0.030%	$2.7M	$867K	100x	as long as short
Bybit XAGUSDT	+0.0172%	4h	66.040	+0.030%	$27.1M	$36.0M	150x	as long as short
Lighter XAG	+0.0184%	1h	66.034	+0.021%	$5.3M	$10.8M	25x	as long as short
Aevo XAG-PERP	+0.0200%	1h	66.053	+0.050%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTXshort	+0.0200%	1h	66.020	0.000%	$1.8M	$1.0M	20x
Variational Omni XAG	+0.0208%	4h	66.043	+0.036%	$5.6M	$9.5M	—	as long as short
MEXC SILVER_USDT	+0.0216%	4h	66.040	+0.030%	$110.7M	$153.2M	1000x	as long as short
Nado XAG-PERP	+0.0216%	1h	65.968	−0.079%	$1.4M	$6.3M	10x	as long as short
Binance XAGUSDT	+0.0218%	4h	66.020	0.000%	$192.8M	$699.8M	100x	as long as short
Aftermath Perps XAGUSD	+0.0224%	1h	66.043	+0.035%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0231%	4h	66.080	+0.091%	$670K	$311K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0235%	8h	66.020	0.000%	$27.6M	$64.9M	50x	as long as short
Bitget XAGUSDT	+0.0258%	4h	66.020	0.000%	$23.8M	$45.4M	100x	as long as short
BloFin XAG-USDT	+0.0265%	4h	66.120	+0.151%	$2.6M	$554K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0280%	4h	66.070	+0.076%	$394K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0290%	1h	66.055	+0.053%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.030	+0.015%	$75K	$362K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.055	+0.053%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0392%	1h	66.020	0.000%	$20K	$19K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.018	−0.003%	$911K	$683K	25x	as long as short