XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h −0.013%

Price spread now: Aster against edgeX−0.018%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.018%, 7d avg +0.006%

Together, before fees−0.083%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$8 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 Aster is 0.024% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XAGUSDC	66.421	0.0184	pay 0.0092% / 4h	2h 17m	$674K	$315K	30x
Short	Aster XAGUSDT	66.409	0.0132	get 0.0066% / 4h	2h 17m	$2.8M	$939K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$10.81
Price spread: −0.018% → +0.006%: −$2.36
Slippage, 4 orders: −$6.01
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$36.19
Costs to cover: 0.230%
Break-even: never at this rate

Slippage from edgeX: live order book, 52 min ago; Aster: 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 edgeX live order book, 52 min ago	2.25 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$916	20.8 bp −$10.4K
Sell Aster live order book, 1 min ago	0.75 bp	4.8 bp −$5	6.8 bp −$68	12.1 bp −$1,210	doesn't fit

XAG on 43 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	66.363	−0.087%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.430	+0.013%	$153.1M	$164.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.430	+0.013%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.450	+0.043%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.440	+0.028%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.357	−0.097%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.351	−0.106%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.392	−0.043%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.343	−0.117%	$5.4M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.032%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.430	+0.013%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.833	+0.620%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.402	−0.029%	$56K	$26K	25x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.280	−0.212%	$5.7M	$9.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.359	−0.094%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.339	−0.124%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.380	−0.062%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0062%	24h	66.362	−0.089%	$542K	$23.7M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.389	−0.049%	$1.2M	$4.4M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0099%	1h	66.380	−0.062%	$166.0M	$76.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.340	−0.122%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.370	−0.077%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.380	−0.062%	$126K	$23K	50x	as long as short
Bybit XAGUSDT	+0.0128%	4h	66.430	+0.013%	$26.6M	$36.4M	150x	as long as short
Aster XAGUSDTshort	+0.0132%	4h	66.409	−0.018%	$2.8M	$939K	100x
Paradex XAG-USD-PERP	+0.0135%	8h	66.392	−0.044%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0159%	4h	66.443	+0.033%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.407	−0.022%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0174%	4h	66.410	−0.017%	$102.8M	$158.5M	1000x	as long as short
Binance XAGUSDT	+0.0177%	4h	66.414	−0.010%	$192.4M	$706.9M	100x	as long as short
edgeX XAGUSDClong	+0.0184%	4h	66.421	long leg	$674K	$315K	30x
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	−0.017%	$1.9M	$971K	20x	as long as short
Lighter XAG	+0.0192%	1h	66.398	−0.034%	$5.3M	$10.6M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0209%	8h	66.420	−0.002%	$28.0M	$65.8M	50x	as long as short
Nado XAG-PERP	+0.0223%	1h	66.343	−0.118%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0231%	1h	66.373	−0.073%	$80K	$38K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.363	−0.088%	$20K	$22K	10x	as long as short
Bitget XAGUSDT	+0.0246%	4h	66.410	−0.017%	$23.9M	$46.0M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0266%	4h	66.450	+0.043%	$395K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0287%	1h	66.428	+0.010%	$46K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.435	+0.021%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.390	−0.047%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.370	−0.077%	$765K	$478K	25x	as long as short