XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.035%

Price spread now: Gate against BloFin−0.060%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$330.325% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.192%+$19 on $10k

Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.060%, 7d avg −0.013%

Together, before fees+0.204%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.047% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.192%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XAG-USDT	66.550	0.0081	pay 0.0041% / 4h	3h 24m	$2.6M	$706K	100x
Short	Gate XAG_USDT	66.510	0	get 0.0000% / 4h	3h 24m	$154.9M	$168.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.060%Rate

Funding earned: −$17.11
Price spread: −0.060% → −0.013%: −$4.68
Slippage, 4 orders: −$5.51
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.3
Costs to cover: 0.325%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 4 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 BloFin live order book, 3 min ago	0.75 bp	6.8 bp −$7	8.4 bp −$84	10.8 bp −$1,077	17.7 bp −$8,836
Sell Gate live order book, 4 min ago	0.75 bp	9.8 bp −$10	9.8 bp −$98	11.1 bp −$1,109	13.7 bp −$6,872

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	66.490	−0.091%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.500	−0.075%	$25.7M	$35.6M	150x	as long as short
Gate XAG_USDTshort	0.0000%	4h	66.510	−0.060%	$154.9M	$168.1M	100x
SunX XAG-USDT	0.0000%	4h	66.520	−0.045%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.560	+0.015%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.550	0.000%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.466	−0.125%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.496	−0.082%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.453	−0.145%	$5.4M	$12.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.225%	$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	66.520	−0.045%	$800K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.936	+0.580%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.473	−0.116%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.490	−0.090%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.466	−0.126%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.390	−0.240%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.480	−0.105%	$115K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0052%	1h	66.483	−0.101%	$165.4M	$84.7M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.462	−0.132%	$562K	$21.5M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	66.483	−0.101%	$35K	$21K	20x	as long as short
BloFin XAG-USDTlong	+0.0081%	4h	66.550	long leg	$2.6M	$706K	100x
Aster XAGUSDT	+0.0086%	4h	66.500	−0.075%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAG	+0.0089%	4h	66.514	−0.054%	$5.6M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0098%	8h	66.503	−0.071%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.457	−0.140%	$474K	$623K	10x	as long as short
MEXC SILVER_USDT	+0.0100%	4h	66.510	−0.060%	$108.7M	$160.3M	1000x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.480	−0.105%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.480	−0.105%	$126K	$24K	50x	as long as short
Binance XAGUSDT	+0.0102%	4h	66.490	−0.090%	$192.3M	$721.9M	100x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.512	−0.057%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0111%	4h	66.544	−0.010%	$675K	$313K	30x	as long as short
Lighter XAG	+0.0120%	1h	66.504	−0.070%	$5.4M	$10.5M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0130%	4h	66.535	−0.023%	$391K	$1.5M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.517	−0.050%	$1.3M	$4.2M	20x	as long as short
Nado XAG-PERP	+0.0168%	1h	66.438	−0.169%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0174%	4h	66.520	−0.045%	$24.5M	$47.9M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.580	+0.045%	$1.9M	$929K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0191%	8h	66.500	−0.075%	$27.9M	$67.2M	50x	as long as short
Aftermath Perps XAGUSD	+0.0197%	1h	66.501	−0.073%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0226%	1h	66.535	−0.023%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.480	−0.105%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.535	−0.023%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.520	−0.045%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.494	−0.084%	$764K	$565K	25x	as long as short