XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h +0.035%

Price spread now: Nado against Phoenix+0.016%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), 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	Phoenix SILVER	65.542	0.0134	pay 0.0017% / 1h	43m 29s	$55K	$15K	25x
Short	Nado XAG-PERP	65.552	0.0116	get 0.0015% / 1h	43m 29s	$1.2M	$3.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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 PhoenixbpFee NadobpOrdersPrice spread, now +0.016%Rate

Funding earned: −$3.7
Price spread: +0.016% → 0.000%: $1.57
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$16.13
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; Nado: live order book, 4 min ago. Net counts fees only.

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 Phoenix no order-book sample	—	—	—	—	—
Sell Nado live order book, 4 min ago	0.61 bp	5.0 bp −$5	7.6 bp −$76	doesn't fit	doesn't fit

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAG on 44 exchanges

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	65.558	+0.024%	$13K	$8K	5x	as long as short
RISEx XAG/USDC	0.0000%	1h	65.584	+0.064%	$1.3M	$5.5M	20x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	65.599	+0.087%	$39K	$26K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	65.600	+0.088%	$136.1M	$201.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.600	+0.088%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.630	+0.134%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.630	+0.134%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.528	−0.022%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.586	+0.067%	$4.6M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.532	−0.015%	$5.1M	$12.2M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.434%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.520	−0.034%	$788K	$3.0M	40x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.560	+0.027%	$446K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	66.017	+0.725%	—	—	25x	as long as short
Variational Omni XAG	+0.0047%	4h	65.488	−0.082%	$5.5M	$9.0M	—	as long as short
Bybit XAGUSDT	+0.0047%	4h	65.600	+0.088%	$30.3M	$48.7M	150x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.550	+0.012%	$3.8M	$1.5M	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.543	+0.002%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.500	−0.064%	$5.7M	$11.0M	25x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.564	+0.034%	$29K	—	5x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.570	+0.043%	$77K	$396K	20x	as long as short
Aster XAGUSDT	+0.0067%	4h	65.589	+0.071%	$2.7M	$1.2M	100x	as long as short
Binance XAGUSDT	+0.0070%	4h	65.588	+0.070%	$189.4M	$866.0M	100x	as long as short
MEXC SILVER_USDT	+0.0070%	4h	65.590	+0.073%	$119.0M	$164.1M	1000x	as long as short
Lighter XAG	+0.0072%	1h	65.595	+0.081%	$5.3M	$11.9M	25x	as long as short
Aevo XAG-PERP	+0.0080%	1h	65.609	+0.102%	$47K	—	10x	as long as short
GRVT XAG_USDT_Perp	+0.0088%	4h	65.590	+0.073%	$389K	$1.6M	25x	as long as short
edgeX XAGUSDC	+0.0090%	4h	65.502	−0.060%	$668K	$316K	30x	as long as short
tradeXYZ xyz:SILVER	+0.0095%	1h	65.561	+0.029%	$175.5M	$87.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.543	+0.002%	$462K	$518K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.550	+0.012%	$25.3M	$4.4M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.520	−0.034%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.570	+0.043%	$1.6M	$2.0M	20x	as long as short
Kalshi KXSILVERPERP	+0.0108%	24h	65.592	+0.076%	$744K	$39.6M	8.1x	as long as short
Nado XAG-PERPshort	+0.0116%	1h	65.552	+0.016%	$1.2M	$3.4M	10x
Phoenix SILVERlong	+0.0134%	1h	65.542	long leg	$55K	$15K	25x
OKX XAG-USDT-SWAP	+0.0167%	8h	65.590	+0.073%	$27.6M	$87.5M	50x	as long as short
Bitget XAGUSDT	+0.0204%	4h	65.580	+0.058%	$23.2M	$54.0M	100x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	65.552	+0.015%	$79K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0223%	1h	65.603	+0.093%	$45K	$72K	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	65.562	+0.030%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0284% / S −0.0256%	1h	65.585	+0.066%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0284%	4h	65.510	−0.049%	$2.7M	$783K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0540%	1h	65.580	+0.057%	$1.0M	$948K	25x	as long as short