XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h +0.023%

Price spread now: BloFin against Bybit+0.076%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.076%, 7d avg +0.003%

Together, before fees−0.098%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.073% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAGUSDT	65.510	0.0242	pay 0.0121% / 4h	2h 56m	$30.7M	$45.1M	150x
Short	BloFin XAG-USDT	65.560	0.0359	get 0.0180% / 4h	2h 56m	$2.7M	$710K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.076%Rate

Funding earned: $24.75
Price spread: +0.076% → +0.003%: $7.33
Slippage, 4 orders: −$3.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $6.03
Costs to cover: 0.260%
Break-even: 5.3 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 7 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 Bybit live order book, 2 min ago	0.76 bp	6.3 bp −$6	7.6 bp −$76	18.0 bp −$1,801	91.4 bp −$45.7K
Sell BloFin live order book, 7 min ago	0.76 bp	6.8 bp −$7	6.8 bp −$68	7.3 bp −$732	18.2 bp −$9,106

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
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−1.386%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0070%	1h	65.390	−0.183%	$5.7M	$10.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.477	−0.050%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.500	−0.015%	$137.0M	$192.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.530	+0.031%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.580	+0.107%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.540	+0.046%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.591	+0.124%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.493	−0.026%	$4.5M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.445	−0.099%	$5.0M	$12.0M	10x	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	65.560	+0.076%	$789K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.984	+0.724%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.511	+0.002%	$36K	$22K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.464	−0.070%	$174.0M	$92.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.518	+0.012%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.483	−0.041%	$3K	$6K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.510	0.000%	$77K	$436K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	65.490	−0.031%	$435K	$1.5M	20x	as long as short
Variational Omni XAG	+0.0076%	4h	65.573	+0.096%	$5.4M	$9.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0076%	8h	65.477	−0.051%	$29K	$166	5x	as long as short
Nado XAG-PERP	+0.0082%	1h	65.509	−0.002%	$1.3M	$4.1M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.570	+0.092%	$1.6M	$1.6M	20x	as long as short
Kalshi KXSILVERPERP	+0.0090%	24h	65.562	+0.079%	$659K	$36.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.444	−0.101%	$466K	$588K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.480	−0.046%	$25.3M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.570	+0.092%	$112K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	65.549	+0.060%	$56K	$12K	25x	as long as short
MEXC SILVER_USDT	+0.0118%	4h	65.500	−0.015%	$117.1M	$160.1M	1000x	as long as short
Binance XAGUSDT	+0.0118%	4h	65.500	−0.015%	$193.4M	$825.3M	100x	as long as short
Aevo XAG-PERP	+0.0120%	1h	65.533	+0.035%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0127%	4h	65.630	+0.184%	$669K	$313K	30x	as long as short
Aster XAGUSDT	+0.0132%	4h	65.510	0.000%	$2.7M	$1.1M	100x	as long as short
Bullet SILVER-USD	+0.0166%	1h	65.556	+0.071%	$45K	$75K	10x	as long as short
Lighter XAG	+0.0176%	1h	65.502	−0.012%	$5.1M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	65.538	+0.042%	$79K	$37K	10x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.511	+0.002%	$1.2M	$4.9M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0209%	8h	65.500	−0.015%	$28.2M	$81.1M	50x	as long as short
Bitget XAGUSDT	+0.0228%	4h	65.500	−0.015%	$23.0M	$49.5M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.585	+0.114%	$93K	—	111x	as long as short
Bybit XAGUSDTlong	+0.0242%	4h	65.510	long leg	$30.7M	$45.1M	150x
GRVT XAG_USDT_Perp	+0.0302%	4h	65.567	+0.087%	$384K	$1.6M	25x	as long as short
BloFin XAG-USDTshort	+0.0359%	4h	65.560	+0.076%	$2.7M	$710K	100x
Hibachi XAG/USDT-P	+0.0360%	1h	65.523	+0.020%	$21K	$12K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0773%	1h	65.509	−0.001%	$1.0M	$893K	25x	as long as short