XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0316%/8h= +34.6% APRnext payment +$0.39 per $10,000 · paid last 24h +0.068%

Price spread now: Deribit against SoDEX+0.088%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Deribit

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—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Deribit is 0.088% dearer against SoDEX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SILVER-USD	64.953	0.0050	pay 0.0006% / 1h	20m 24s	$3K	$6K	20x
Short	Deribit SILVER_USDC-PERPETUAL	65.010	0.0366	get 0.0046% / 1h	20m 24s	$76K	$435K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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 SoDEXbpFee DeribitbpOrdersPrice spread, now +0.088%Rate

Funding earned: $66.29
Price spread: +0.088% → 0.000%: $8.78
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $60.07
Costs to cover: 0.150%
Break-even: 0.7 days

Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 13 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 SoDEX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 13 min ago	3.86 bp	7.4 bp −$7	7.4 bp −$74	doesn't fit	doesn't fit

SoDEX: 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 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	64.926	−0.042%	$12K	$6K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.030	+0.119%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.030	+0.119%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.030	+0.119%	$1.5M	$346K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.953	+0.001%	$117K	—	250x	as long as short
Gate XAG_USDT	+0.0016%	4h	65.050	+0.149%	$138.8M	$187.9M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.002	+0.076%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.958	+0.008%	$5.0M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−0.540%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	64.970	+0.026%	$781K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	65.431	+0.736%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.000	+0.072%	$446K	$1.5M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.990	+0.057%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USDlong	+0.0050%	1h	64.953	long leg	$3K	$6K	20x
Ondo Perps XAG-USD.P	+0.0050%	1h	64.900	−0.082%	$5.6M	$10.1M	25x	as long as short
Variational Omni XAG	+0.0065%	4h	65.026	+0.112%	$5.4M	$9.2M	—	as long as short
edgeX XAGUSDC	+0.0071%	4h	64.801	−0.235%	$660K	$314K	30x	as long as short
Paradex XAG-USD-PERP	+0.0076%	8h	65.002	+0.076%	$29K	$166	5x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	64.840	−0.174%	$1.6M	$1.5M	20x	as long as short
Kalshi KXSILVERPERP	+0.0087%	24h	64.950	−0.005%	$489K	$35.1M	8.1x	as long as short
MEXC SILVER_USDT	+0.0094%	4h	65.010	+0.088%	$123.8M	$160.2M	1000x	as long as short
Pacifica XAG	+0.0100%	1h	64.949	−0.006%	$463K	$591K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.000	+0.072%	$25.1M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.750	−0.313%	$111K	$19K	50x	as long as short
Binance XAGUSDT	+0.0102%	4h	65.028	+0.116%	$198.3M	$788.0M	100x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.017	+0.099%	$47K	—	10x	as long as short
Phoenix SILVER	+0.0111%	1h	64.615	−0.520%	$55K	$31K	25x	as long as short
Aster XAGUSDT	+0.0117%	4h	65.020	+0.103%	$2.6M	$1.0M	100x	as long as short
Hotstuff SILVER-PERP	+0.0128%	1h	64.968	+0.023%	$35K	$21K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0136%	1h	64.996	+0.066%	$173.3M	$88.9M	25x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.030	+0.119%	$1.2M	$4.9M	20x	as long as short
Nado XAG-PERP	+0.0166%	1h	64.979	+0.039%	$1.2M	$4.2M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0210%	8h	65.040	+0.134%	$29.0M	$75.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	64.827	−0.193%	$78K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0220%	4h	65.030	+0.119%	$22.9M	$48.0M	100x	as long as short
Lighter XAG	+0.0232%	1h	64.985	+0.049%	$5.2M	$11.3M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0237% / S −0.0196%	1h	65.025	+0.111%	$92K	—	111x	as long as short
GRVT XAG_USDT_Perp	+0.0298%	4h	64.847	−0.164%	$386K	$1.6M	25x	as long as short
Bullet SILVER-USD	+0.0310%	1h	65.025	+0.111%	$45K	$75K	10x	as long as short
BloFin XAG-USDT	+0.0336%	4h	64.980	+0.042%	$2.7M	$697K	100x	as long as short
Deribit SILVER_USDC-PERPETUALshort	+0.0366%	1h	65.010	+0.088%	$76K	$435K	20x
Hibachi XAG/USDT-P	+0.0368%	1h	64.890	−0.097%	$20K	$15K	10x	as long as short
Bybit XAGUSDT	+0.0374%	4h	65.050	+0.149%	$30.2M	$43.7M	150x	as long as short
Kraken Futures PF_XAGUSD	+0.0419%	1h	65.003	+0.077%	$1.0M	$894K	25x	as long as short