XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.022%

Price spread now: Gate against Bybit+0.015%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days+0.001%$0 · spread now +0.015%, 7d avg +0.004%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAGUSDT	65.430	0	get 0.0000% / 4h	1h 14m	$27.8M	$39.9M	150x
Short	Gate XAG_USDT	65.440	0.0026	get 0.0013% / 4h	1h 14m	$141.2M	$183.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.015%Rate

Funding earned: $5.46
Price spread: +0.015% → +0.004%: $1.14
Slippage, 4 orders: −$3.28
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$22.67
Costs to cover: 0.293%
Break-even: 36.1 days

Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago	0.76 bp	6.3 bp −$6	7.5 bp −$75	11.7 bp −$1,170	47.0 bp −$23.5K
Sell Gate live order book, 4 min ago	0.76 bp	8.3 bp −$8	9.5 bp −$95	12.3 bp −$1,233	16.6 bp −$8,282

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	−0.0078%	1h	65.260	−0.260%	$5.6M	$9.7M	25x	as long as short
Hibachi XAG/USDT-P	−0.0048%	1h	65.320	−0.168%	$20K	$19K	10x	as long as short
Hotstuff SILVER-PERP	−0.0008%	1h	65.335	−0.145%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.306	−0.190%	$12K	$5K	5x	as long as short
Bybit XAGUSDTlong	0.0000%	4h	65.430	long leg	$27.8M	$39.9M	150x
SunX XAG-USDT	0.0000%	4h	65.390	−0.061%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.400	−0.046%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.410	−0.031%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.318	−0.171%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0026%	4h	65.374	−0.086%	$5.5M	$9.4M	—	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDTshort	+0.0026%	4h	65.440	+0.015%	$141.2M	$183.8M	100x
Lighter RH XAG	+0.0032%	1h	65.396	−0.052%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.355	−0.115%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.483%	$11K	$94K	52x	as long as short
Aster XAGUSDT	+0.0036%	4h	65.420	−0.015%	$2.7M	$975K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.370	−0.092%	$786K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.795	+0.558%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.380	−0.076%	$152K	$2.8M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.352	−0.119%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.330	−0.153%	$3K	$6K	20x	as long as short
MEXC SILVER_USDT	+0.0052%	4h	65.420	−0.015%	$116.7M	$157.6M	1000x	as long as short
tradeXYZ xyz:SILVER	+0.0052%	1h	65.394	−0.055%	$170.5M	$83.6M	25x	as long as short
Binance XAGUSDT	+0.0054%	4h	65.426	−0.006%	$191.5M	$764.6M	100x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.359	−0.109%	$29K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0056%	4h	65.371	−0.090%	$665K	$314K	30x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.386	−0.067%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.319	−0.170%	$56K	$31K	25x	as long as short
Aevo XAG-PERP	+0.0064%	1h	65.379	−0.078%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0078%	24h	65.350	−0.122%	$493K	$31.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.312	−0.180%	$469K	$628K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.370	−0.092%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.320	−0.168%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0118%	4h	65.365	−0.099%	$391K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.290	−0.214%	$1.6M	$1.4M	20x	as long as short
Nado XAG-PERP	+0.0137%	1h	65.333	−0.149%	$1.2M	$5.1M	10x	as long as short
Lighter XAG	+0.0152%	1h	65.402	−0.043%	$5.3M	$11.6M	25x	as long as short
Bitget XAGUSDT	+0.0172%	4h	65.420	−0.015%	$23.7M	$46.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0182%	8h	65.430	0.000%	$28.0M	$71.1M	50x	as long as short
Bullet SILVER-USD	+0.0189%	1h	65.409	−0.032%	$44K	$76K	10x	as long as short
Aftermath Perps XAGUSD	+0.0211%	1h	65.340	−0.137%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0216%	4h	65.400	−0.046%	$2.6M	$601K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.385	−0.069%	$93K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0362%	1h	65.390	−0.061%	$65K	$381K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.356	−0.113%	$916K	$746K	25x	as long as short