XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.40 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against MEXC−0.030%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 7 days−0.033%−$3 · spread now −0.030%, 7d avg −0.056%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.026% dearer against MEXC than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.056%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SILVER_USDT	66.330	0.0180	pay 0.0090% / 4h	2h 14m	$102.6M	$158.6M	1000x
Short	KuCoin XAGUSDTM	66.310	0.0100	get 0.0050% / 4h	2h 14m	$24.5M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$16.8
Price spread: −0.030% → −0.056%: $2.57
Slippage, 4 orders: −$6.35
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$32.57
Costs to cover: 0.183%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; KuCoin: 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 MEXC live order book, 4 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	1.5 bp −$147	5.5 bp −$2,757
Sell KuCoin live order book, 4 min ago	1.51 bp	8.7 bp −$9	16.0 bp −$160	doesn't fit	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	66.296	−0.051%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.350	+0.030%	$153.2M	$164.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	+0.090%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.440	+0.166%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.430	+0.151%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.319	−0.017%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.322	−0.012%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.273	−0.087%	$5.4M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.106%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.410	+0.121%	$799K	$2.9M	40x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.832	+0.757%	—	—	25x	as long as short
Ondo Perps XAG-USD.P	+0.0048%	1h	66.230	−0.151%	$5.7M	$9.6M	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.402	+0.109%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.370	+0.060%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.307	−0.035%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.330	0.000%	$115K	$2.7M	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	66.305	−0.038%	$35K	$21K	20x	as long as short
Kalshi KXSILVERPERP	+0.0062%	24h	66.363	+0.050%	$541K	$23.7M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.337	+0.010%	$1.2M	$4.4M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0099%	1h	66.301	−0.044%	$165.8M	$76.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.284	−0.069%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	66.310	−0.030%	$24.5M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.380	+0.075%	$126K	$23K	50x	as long as short
Aster XAGUSDT	+0.0133%	4h	66.350	+0.030%	$2.7M	$942K	100x	as long as short
Bybit XAGUSDT	+0.0135%	4h	66.360	+0.045%	$26.6M	$36.4M	150x	as long as short
Paradex XAG-USD-PERP	+0.0136%	8h	66.330	+0.001%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0166%	4h	66.373	+0.064%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.379	+0.074%	$48K	—	10x	as long as short
MEXC SILVER_USDTlong	+0.0180%	4h	66.330	long leg	$102.6M	$158.6M	1000x
Binance XAGUSDT	+0.0181%	4h	66.340	+0.015%	$192.2M	$706.4M	100x	as long as short
edgeX XAGUSDC	+0.0184%	4h	66.421	+0.137%	$674K	$315K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	+0.121%	$1.9M	$971K	20x	as long as short
Lighter XAG	+0.0192%	1h	66.332	+0.003%	$5.3M	$10.6M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0211%	8h	66.350	+0.030%	$28.0M	$65.7M	50x	as long as short
Nado XAG-PERP	+0.0224%	1h	66.371	+0.061%	$1.3M	$6.5M	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.365	+0.052%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0233%	1h	66.385	+0.083%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0248%	4h	66.340	+0.015%	$23.9M	$46.0M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0266%	4h	66.450	+0.181%	$395K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0288%	1h	66.407	+0.117%	$46K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.405	+0.113%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.360	+0.045%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.360	+0.046%	$765K	$478K	25x	as long as short