XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0429%/8h= +47.0% APRnext payment +$0.54 per $10,000 · paid last 24h +0.080%

Price spread now: Kraken Futures against StandX+0.107%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on StandX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.133%+$13 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.107%, 7d avg −0.053%

Together, before fees−0.023%+ Points / potential airdropStandX: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Kraken Futures is 0.159% dearer against StandX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.053%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	65.620	0.0040	pay 0.0005% / 1h	8m 55s	$789K	$3.0M	40x
Short	Kraken Futures PF_XAGUSD	65.690	0.0469	get 0.0059% / 1h	8m 55s	$916K	$735K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.107%Rate

Funding earned: $90.07
Price spread: +0.107% → −0.053%: $15.94
Slippage, 4 orders: −$22.96
Fee StandX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $65.05
Costs to cover: 0.410%
Break-even: 1.9 days

Slippage from StandX: live order book, 5 min ago; Kraken Futures: live order book, 39 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	2.29 bp	13.0 bp −$13	15.8 bp −$158	40.0 bp −$3,998	doesn't fit
Sell Kraken Futures live order book, 39 min ago	3.47 bp	9.3 bp −$9	16.5 bp −$165	61.3 bp −$6,135	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
dYdX XAG-USD	0.0000%	1h	65.642	+0.034%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.710	+0.137%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.720	+0.152%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.680	+0.091%	$1.5M	$280K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0001%	1h	65.610	−0.015%	$5.6M	$9.7M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.675	+0.083%	$119K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.723	+0.157%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.674	+0.083%	$4.7M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.652	+0.049%	$5.1M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.189%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	65.648	+0.043%	$56K	$26K	25x	as long as short
StandX XAG-USDlong	+0.0040%	1h	65.620	long leg	$789K	$3.0M	40x
Gate XAG_USDT	+0.0042%	4h	65.700	+0.122%	$144.9M	$180.1M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.136	+0.786%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.693	+0.111%	$3.9M	$710K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.647	+0.041%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.690	+0.107%	$157K	$2.8M	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.667	+0.072%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0056%	1h	65.545	−0.114%	$20K	$19K	10x	as long as short
Paradex XAG-USD-PERP	+0.0064%	8h	65.692	+0.110%	$29K	$1K	5x	as long as short
Kalshi KXSILVERPERP	+0.0076%	24h	65.695	+0.114%	$449K	$28.9M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0080%	1h	65.653	+0.050%	$171.1M	$82.2M	25x	as long as short
Aster XAGUSDT	+0.0086%	4h	65.700	+0.122%	$2.7M	$944K	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.635	+0.022%	$469K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.690	+0.107%	$24.7M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.580	−0.061%	$112K	$23K	50x	as long as short
Bybit XAGUSDT	+0.0121%	4h	65.730	+0.168%	$29.0M	$39.0M	150x	as long as short
Variational Omni XAG	+0.0127%	4h	65.584	−0.056%	$5.5M	$9.5M	—	as long as short
Lighter XAG	+0.0128%	1h	65.684	+0.098%	$5.4M	$11.3M	25x	as long as short
MEXC SILVER_USDT	+0.0136%	4h	65.680	+0.091%	$124.0M	$161.8M	1000x	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.709	+0.135%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0137%	4h	65.705	+0.130%	$189.5M	$745.4M	100x	as long as short
edgeX XAGUSDC	+0.0147%	4h	65.560	−0.091%	$667K	$312K	30x	as long as short
Nado XAG-PERP	+0.0154%	1h	65.655	+0.053%	$1.3M	$5.5M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.530	−0.137%	$1.6M	$1.3M	20x	as long as short
Aftermath Perps XAGUSD	+0.0207%	1h	65.502	−0.181%	$79K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.710	+0.137%	$66K	$368K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0208%	4h	65.644	+0.037%	$398K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	65.710	+0.137%	$28.0M	$70.2M	50x	as long as short
Bitget XAGUSDT	+0.0216%	4h	65.710	+0.137%	$23.9M	$46.3M	100x	as long as short
Bullet SILVER-USD	+0.0243%	1h	65.726	+0.161%	$44K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0366% / S −0.0361%	1h	65.725	+0.160%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0377%	4h	65.680	+0.091%	$2.6M	$622K	100x	as long as short
Kraken Futures PF_XAGUSDshort	+0.0469%	1h	65.690	+0.107%	$916K	$735K	25x