XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0049%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.004%

Price spread now: Binance against KuCoin+0.070%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

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

costs, in and out, $10k−$280.282% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.070%, 7d avg +0.070%

Together, before fees−0.095%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.070%, 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	KuCoin XAGUSDTM	64.890	0.0100	pay 0.0050% / 4h	3h 35m	$25.1M	$4.5M	75x
Short	Binance XAGUSDT	64.935	0.0051	get 0.0026% / 4h	3h 35m	$195.9M	$771.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.070%Rate

Funding earned: −$10.22
Price spread: +0.070% → +0.070%: −$0.04
Slippage, 4 orders: −$6.25
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$38.51
Costs to cover: 0.282%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 9 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 KuCoin live order book, 4 min ago	0.77 bp	8.2 bp −$8	17.8 bp −$178	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.77 bp	5.8 bp −$6	5.8 bp −$58	10.1 bp −$1,014	24.2 bp −$12.1K

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	64.862	−0.043%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	64.940	+0.077%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	64.950	+0.092%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	64.940	+0.077%	$1.4M	$310K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.866	−0.037%	$117K	—	250x	as long as short
Variational Omni XAG	+0.0015%	4h	64.904	+0.022%	$5.3M	$9.1M	—	as long as short
Gate XAG_USDT	+0.0024%	4h	64.960	+0.108%	$139.8M	$182.2M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	64.924	+0.053%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.855	−0.054%	$5.0M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.327%	$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	64.890	0.000%	$780K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.324	+0.669%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	64.920	+0.046%	$445K	$1.5M	20x	as long as short
MEXC SILVER_USDT	+0.0048%	4h	64.920	+0.046%	$121.1M	$158.0M	1000x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.860	−0.046%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.850	−0.062%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.860	−0.046%	$5.6M	$9.9M	25x	as long as short
Binance XAGUSDTshort	+0.0051%	4h	64.935	+0.070%	$195.9M	$771.9M	100x
Paradex XAG-USD-PERP	+0.0060%	8h	64.890	0.000%	$29K	$166	5x	as long as short
edgeX XAGUSDC	+0.0061%	4h	64.937	+0.073%	$661K	$313K	30x	as long as short
Aevo XAG-PERP	+0.0064%	1h	64.904	+0.021%	$47K	—	10x	as long as short
Aster XAGUSDT	+0.0067%	4h	64.922	+0.050%	$2.6M	$995K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	64.880	−0.015%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0084%	24h	64.923	+0.051%	$485K	$33.8M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0088%	1h	64.925	+0.054%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	64.852	−0.059%	$463K	$592K	10x	as long as short
KuCoin XAGUSDTMlong	+0.0100%	4h	64.890	long leg	$25.1M	$4.5M	75x
GRVT XAG_USDT_Perp	+0.0100%	4h	64.907	+0.026%	$390K	$1.6M	25x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.870	−0.031%	$111K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	64.892	+0.003%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0135%	1h	64.904	+0.022%	$173.9M	$86.9M	25x	as long as short
Nado XAG-PERP	+0.0156%	1h	64.925	+0.053%	$1.2M	$4.3M	10x	as long as short
RISEx XAG/USDC	+0.0158%	1h	64.919	+0.045%	$1.2M	$4.9M	20x	as long as short
Bitget XAGUSDT	+0.0188%	4h	64.940	+0.077%	$23.3M	$45.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	64.940	+0.077%	$28.6M	$72.6M	50x	as long as short
Bybit XAGUSDT	+0.0200%	4h	64.950	+0.092%	$29.1M	$42.1M	150x	as long as short
BloFin XAG-USDT	+0.0205%	4h	64.960	+0.108%	$2.7M	$646K	100x	as long as short
Aftermath Perps XAGUSD	+0.0217%	1h	64.927	+0.056%	$78K	$37K	10x	as long as short
Lighter XAG	+0.0224%	1h	64.919	+0.044%	$5.3M	$11.0M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0237% / S −0.0196%	1h	64.935	+0.069%	$92K	—	111x	as long as short
Bullet SILVER-USD	+0.0300%	1h	64.921	+0.049%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	64.882	−0.013%	$20K	$15K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0367%	1h	64.910	+0.031%	$76K	$427K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0420%	1h	64.911	+0.033%	$1.0M	$872K	25x	as long as short