XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.027%

Price spread now: Gate against KuCoin+0.105%7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$350.352% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 7 days−0.013%−$1 · spread now +0.105%, 7d avg +0.085%

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

The price spread sits at its 7-day average of +0.085%, so right now this pair is about funding alone: −$3 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	66.450	0.0100	pay 0.0050% / 4h	2h 56m	$24.6M	$4.5M	75x
Short	Gate XAG_USDT	66.520	0	get 0.0000% / 4h	2h 56m	$154.6M	$159.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.105%Rate

Funding earned: −$21
Price spread: +0.105% → +0.085%: $1.99
Slippage, 4 orders: −$8.17
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.18
Costs to cover: 0.352%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; Gate: live order book, 3 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, 7 min ago	0.75 bp	7.5 bp −$7	16.2 bp −$162	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	0.75 bp	9.3 bp −$9	9.7 bp −$97	12.6 bp −$1,258	15.0 bp −$7,486

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	66.388	−0.093%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.530	+0.120%	$26.0M	$35.9M	150x	as long as short
Gate XAG_USDTshort	0.0000%	4h	66.520	+0.105%	$154.6M	$159.9M	100x
SunX XAG-USDT	0.0000%	4h	66.420	−0.045%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.430	−0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	+0.030%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.396	−0.081%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.439	−0.017%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.430	−0.031%	$5.4M	$12.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.373	−0.116%	$35K	$21K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.075%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.430	−0.030%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.907	+0.688%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.369	−0.122%	$56K	$26K	25x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.400	−0.075%	$5.7M	$9.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.449	−0.002%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.342	−0.163%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.450	0.000%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.384	−0.099%	$549K	$23.0M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0077%	1h	66.429	−0.032%	$165.8M	$85.2M	25x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.509	+0.088%	$1.2M	$4.3M	20x	as long as short
Aster XAGUSDT	+0.0098%	4h	66.470	+0.030%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.446	−0.006%	$473K	$611K	10x	as long as short
KuCoin XAGUSDTMlong	+0.0100%	4h	66.450	long leg	$24.6M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.390	−0.090%	$126K	$23K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.140%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0113%	8h	66.459	+0.014%	$30K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.509	+0.089%	$675K	$316K	30x	as long as short
MEXC SILVER_USDT	+0.0126%	4h	66.470	+0.030%	$108.2M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0126%	4h	66.487	+0.056%	$193.4M	$715.2M	100x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.406	−0.066%	$48K	—	10x	as long as short
Lighter XAG	+0.0152%	1h	66.454	+0.005%	$5.3M	$10.4M	25x	as long as short
BloFin XAG-USDT	+0.0158%	4h	66.470	+0.030%	$2.6M	$663K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.380	−0.105%	$1.9M	$962K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.454	+0.006%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0194%	8h	66.480	+0.045%	$28.0M	$66.7M	50x	as long as short
Bitget XAGUSDT	+0.0200%	4h	66.490	+0.060%	$24.5M	$46.4M	100x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	66.470	+0.030%	$80K	$39K	10x	as long as short
Nado XAG-PERP	+0.0226%	1h	66.465	+0.022%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0261%	1h	66.466	+0.024%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.465	+0.023%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.370	−0.120%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.400	−0.075%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.377	−0.110%	$765K	$552K	25x	as long as short