XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%

Price spread now: StandX against QFEX−0.061%7-day average +0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on QFEX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.018%+$2 on $10k

Price spread, last 7 days+0.100%+$10 · spread now −0.061%, 7d avg +0.036%

Together, before fees+0.118%+ Points / potential airdropStandX: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and StandX is 0.097% cheaper against QFEX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.036%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SILVER-USD	65.470	0.0062	pay 0.0008% / 1h	7m 05s	$444K	$1.4M	20x
Short	StandX XAG-USD	65.430	0.0040	get 0.0005% / 1h	7m 05s	$787K	$3.0M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against QFEX. 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 QFEXbpFee StandXbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$4.6
Price spread: −0.061% → +0.036%: −$9.72
Slippage, 4 orders: −$15.27
Fee QFEX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$47.6
Costs to cover: 0.333%
Break-even: never at this rate

Slippage from QFEX: live order book, 3 min ago; StandX: live order book, 5 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 QFEX live order book, 3 min ago	2.29 bp	7.3 bp −$7	7.3 bp −$73	9.1 bp −$907	14.0 bp −$6,982
Sell StandX live order book, 5 min ago	2.29 bp	12.4 bp −$12	13.1 bp −$131	32.5 bp −$3,245	doesn't fit

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
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−1.326%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0002%	1h	65.360	−0.168%	$5.7M	$10.5M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.390	−0.122%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.580	+0.168%	$139.3M	$201.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.590	+0.183%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.650	+0.275%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.610	+0.214%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.377	−0.142%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.585	+0.176%	$4.5M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.507	+0.056%	$5.1M	$11.7M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USDshort	+0.0040%	1h	65.430	−0.061%	$787K	$3.0M	40x
Vest SI-PERP	+0.0046%	1h	65.881	+0.628%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.422	−0.073%	$36K	$23K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.414	−0.086%	$3.8M	$894K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.520	+0.076%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	65.470	0.000%	$29K	$166	5x	as long as short
QFEX SILVER-USDlong	+0.0062%	1h	65.470	long leg	$444K	$1.4M	20x
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.450	−0.031%	$1.6M	$1.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0097%	24h	65.480	+0.015%	$690K	$37.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.423	−0.071%	$466K	$572K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.540	+0.107%	$25.3M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.400	−0.107%	$112K	$19K	50x	as long as short
Variational Omni XAG	+0.0101%	4h	65.440	−0.045%	$5.7M	$9.2M	—	as long as short
Phoenix SILVER	+0.0110%	1h	65.406	−0.098%	$55K	$13K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0120%	1h	65.539	+0.105%	$174.5M	$93.2M	25x	as long as short
Aevo XAG-PERP	+0.0128%	1h	65.508	+0.058%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0130%	4h	65.580	+0.168%	$121.1M	$168.3M	1000x	as long as short
Binance XAGUSDT	+0.0130%	4h	65.580	+0.168%	$193.4M	$843.3M	100x	as long as short
Aster XAGUSDT	+0.0134%	4h	65.580	+0.169%	$2.7M	$1.1M	100x	as long as short
edgeX XAGUSDC	+0.0135%	4h	65.446	−0.036%	$667K	$314K	30x	as long as short
Nado XAG-PERP	+0.0175%	1h	65.415	−0.085%	$1.2M	$3.7M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0184%	4h	65.455	−0.023%	$395K	$1.6M	25x	as long as short
Lighter XAG	+0.0200%	1h	65.580	+0.168%	$5.1M	$11.8M	25x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.490	+0.030%	$1.2M	$4.9M	20x	as long as short
Bybit XAGUSDT	+0.0207%	4h	65.600	+0.199%	$30.6M	$46.9M	150x	as long as short
Aftermath Perps XAGUSD	+0.0213%	1h	65.412	−0.088%	$79K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0214%	8h	65.600	+0.199%	$28.1M	$83.5M	50x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	65.402	−0.104%	$21K	$12K	10x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.620	+0.229%	$23.3M	$51.1M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0265% / S −0.0231%	1h	65.455	−0.023%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0275%	1h	65.549	+0.121%	$44K	$74K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0360%	1h	65.570	+0.153%	$77K	$411K	20x	as long as short
BloFin XAG-USDT	+0.0370%	4h	65.560	+0.137%	$2.7M	$760K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0773%	1h	65.501	+0.048%	$1.0M	$939K	25x	as long as short