XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%

Price spread now: QFEX against StandX+0.075%7-day average −0.037% · 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−$26as in the Price arb table

costs, in and out, $10k−$370.373% of the position

Long on StandX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.019%−$2 on $10k

Price spread, last 7 days−0.088%−$9 · spread now +0.075%, 7d avg −0.037%

Together, before fees−0.107%+ Points / potential airdropStandX: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.112% dearer against StandX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	66.410	0.0040	pay 0.0005% / 1h	34m 37s	$799K	$2.9M	40x
Short	QFEX SILVER-USD	66.460	0.0054	get 0.0007% / 1h	34m 37s	$115K	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.075%Rate

Funding earned: $3.01
Price spread: +0.075% → −0.037%: $11.23
Slippage, 4 orders: −$19.26
Fee StandX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$23.03
Costs to cover: 0.373%
Break-even: 60.6 days

Slippage from StandX: live order book, 4 min ago; QFEX: live order book, 3 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, 4 min ago	3.01 bp	12.8 bp −$13	13.0 bp −$130	34.6 bp −$3,464	doesn't fit
Sell QFEX live order book, 3 min ago	3.02 bp	9.4 bp −$9	9.5 bp −$95	9.7 bp −$968	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
Hotstuff SILVER-PERP	−0.0008%	1h	66.447	+0.056%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.421	+0.017%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.420	+0.015%	$153.3M	$162.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.500	+0.136%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.500	+0.136%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	+0.090%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.406	−0.006%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.434	+0.037%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.358	−0.079%	$5.4M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.015%	$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
StandX XAG-USDlong	+0.0040%	1h	66.410	long leg	$799K	$2.9M	40x
Vest SI-PERP	+0.0046%	1h	66.883	+0.712%	—	—	25x	as long as short
Ondo Perps XAG-USD.P	+0.0046%	1h	66.320	−0.136%	$5.7M	$9.6M	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.346	−0.096%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.440	+0.045%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.393	−0.026%	$3K	$6K	20x	as long as short
QFEX SILVER-USDshort	+0.0054%	1h	66.460	+0.075%	$115K	$2.7M	20x
Kalshi KXSILVERPERP	+0.0061%	24h	66.421	+0.017%	$631K	$23.3M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.440	+0.045%	$1.2M	$4.3M	20x	as long as short
Bybit XAGUSDT	+0.0082%	4h	66.430	+0.030%	$26.4M	$35.9M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0094%	1h	66.393	−0.026%	$165.8M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.366	−0.066%	$472K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.410	0.000%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.310	−0.151%	$126K	$23K	50x	as long as short
BloFin XAG-USDT	+0.0103%	4h	66.570	+0.241%	$2.6M	$624K	100x	as long as short
Aster XAGUSDT	+0.0119%	4h	66.430	+0.030%	$2.8M	$960K	100x	as long as short
Paradex XAG-USD-PERP	+0.0125%	8h	66.416	+0.009%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0140%	4h	66.405	−0.008%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0144%	1h	66.461	+0.077%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0154%	4h	66.420	+0.015%	$102.4M	$158.1M	1000x	as long as short
Binance XAGUSDT	+0.0158%	4h	66.420	+0.015%	$192.7M	$708.1M	100x	as long as short
edgeX XAGUSDC	+0.0166%	4h	66.514	+0.156%	$675K	$314K	30x	as long as short
Lighter XAG	+0.0176%	1h	66.421	+0.016%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	+0.166%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0199%	8h	66.420	+0.015%	$28.0M	$65.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0219%	1h	66.432	+0.032%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0228%	1h	66.393	−0.025%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0230%	4h	66.420	+0.015%	$24.0M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0242%	4h	66.526	+0.174%	$391K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.302	−0.163%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0282%	1h	66.474	+0.097%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.485	+0.113%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.440	+0.045%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.445	+0.053%	$766K	$482K	25x	as long as short