XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0169%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.069%

Price spread now: Deribit against StandX+0.031%7-day average +0.011% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on StandX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.107%+$11 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.031%, 7d avg +0.011%

Together, before fees+0.079%+ Points / potential airdropStandX: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	65.310	0.0040	pay 0.0005% / 1h	48m 54s	$786K	$2.9M	40x
Short	Deribit SILVER_USDC-PERPETUAL	65.330	0.0209	get 0.0026% / 1h	48m 54s	$65K	$387K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against StandX. 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 StandXbpFee DeribitbpOrdersPrice spread, now +0.031%Rate

Funding earned: $35.58
Price spread: +0.031% → +0.011%: $1.97
Slippage, 4 orders: −$24.14
Fee StandX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$1.6
Costs to cover: 0.391%
Break-even: 7.3 days

Slippage from StandX: live order book, 5 min ago; Deribit: live order book, 55 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 StandX live order book, 5 min ago	2.30 bp	13.7 bp −$14	13.9 bp −$139	39.4 bp −$3,941	doesn't fit
Sell Deribit live order book, 55 min ago	0.76 bp	4.3 bp −$4	6.4 bp −$64	doesn't fit	doesn't fit

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
Ondo Perps XAG-USD.P	−0.0057%	1h	65.190	−0.184%	$5.6M	$9.6M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.287	−0.035%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.410	+0.153%	$27.8M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.350	+0.061%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.360	+0.077%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.350	+0.061%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.289	−0.032%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0016%	4h	65.312	+0.003%	$5.5M	$9.1M	—	as long as short
Aster XAGUSDT	+0.0030%	4h	65.386	+0.117%	$2.7M	$951K	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.348	+0.058%	$4.6M	$9.7M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.310	−0.001%	$5.1M	$11.6M	10x	as long as short
Gate XAG_USDT	+0.0032%	4h	65.400	+0.138%	$141.3M	$176.8M	100x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.669%	$11K	$94K	52x	as long as short
MEXC SILVER_USDT	+0.0040%	4h	65.380	+0.107%	$117.4M	$157.0M	1000x	as long as short
StandX XAG-USDlong	+0.0040%	1h	65.310	long leg	$786K	$2.9M	40x
Binance XAGUSDT	+0.0041%	4h	65.396	+0.131%	$191.8M	$761.6M	100x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.300	−0.015%	$152K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.756	+0.683%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.290	−0.031%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.285	−0.038%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.342	+0.049%	$29K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0056%	1h	65.322	+0.018%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0057%	4h	65.317	+0.011%	$665K	$313K	30x	as long as short
Phoenix SILVER	+0.0061%	1h	65.281	−0.044%	$56K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0077%	1h	65.352	+0.064%	$169.8M	$81.6M	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.283	−0.041%	$480K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.360	+0.077%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.289	−0.033%	$469K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.340	+0.046%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.260	−0.077%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.321	+0.017%	$1.2M	$4.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0134%	4h	65.317	+0.010%	$384K	$1.6M	25x	as long as short
Lighter XAG	+0.0160%	1h	65.354	+0.067%	$5.3M	$11.1M	25x	as long as short
BloFin XAG-USDT	+0.0164%	4h	65.360	+0.077%	$2.7M	$583K	100x	as long as short
Bitget XAGUSDT	+0.0166%	4h	65.400	+0.138%	$23.7M	$45.5M	100x	as long as short
Nado XAG-PERP	+0.0166%	1h	65.272	−0.058%	$1.2M	$4.8M	10x	as long as short
Hibachi XAG/USDT-P	+0.0168%	1h	65.287	−0.035%	$20K	$17K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0176%	8h	65.390	+0.122%	$28.1M	$70.6M	50x	as long as short
Hotstuff SILVER-PERP	+0.0192%	1h	65.332	+0.034%	$35K	$21K	20x	as long as short
Deribit SILVER_USDC-PERPETUALshort	+0.0209%	1h	65.330	+0.031%	$65K	$387K	20x
Aftermath Perps XAGUSD	+0.0211%	1h	65.320	+0.016%	$78K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0227%	1h	65.351	+0.063%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.355	+0.069%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.306	−0.006%	$1.0M	$872K	25x	as long as short