XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Phoenix against Vest−0.804%58s7-day average — · you buy dearer than you sell

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

Long on Vest Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.804% cheaper against Vest than usual: you would sell low and buy high, −$80 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	66.907	0.0046	pay 0.0006% / 1h	56m 13s	—	—	25x
Short	Phoenix SILVER	66.369	0.0048	get 0.0006% / 1h	56m 13s	$56K	$26K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Vest. 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 VestbpFee PhoenixbpOrdersPrice spread, now −0.804%Rate

Funding earned: $0.49
Price spread: −0.804% → 0.000%: −$80.41
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$88.92
Costs to cover: 0.090%
Break-even: 1279.6 days

Slippage unknown: Vest: no order-book sample; Phoenix: no order-book sample. 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 Vest no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

Vest and Phoenix: 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	66.388	−0.776%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.590	−0.474%	$26.0M	$35.9M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.470	−0.653%	$154.5M	$159.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.570	−0.504%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.510	−0.593%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.590	−0.474%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.396	−0.763%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.550	−0.534%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.414	−0.737%	$5.4M	$12.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.373	−0.798%	$35K	$21K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.758%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.430	−0.713%	$799K	$2.9M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.907	long leg	—	—	25x
Phoenix SILVERshort	+0.0048%	1h	66.369	−0.804%	$56K	$26K	25x
Ondo Perps XAG-USD.P	+0.0050%	1h	66.400	−0.758%	$5.7M	$9.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.449	−0.685%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.470	−0.653%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.450	−0.683%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.430	−0.713%	$550K	$23.0M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0077%	1h	66.429	−0.714%	$165.8M	$85.2M	25x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.509	−0.596%	$1.2M	$4.3M	20x	as long as short
Aster XAGUSDT	+0.0098%	4h	66.482	−0.635%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.446	−0.689%	$473K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.450	−0.683%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.390	−0.773%	$126K	$23K	50x	as long as short
Lighter XAG	+0.0112%	1h	66.554	−0.528%	$5.3M	$10.4M	25x	as long as short
Paradex XAG-USD-PERP	+0.0113%	8h	66.459	−0.669%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0115%	4h	66.455	−0.676%	$5.6M	$9.8M	—	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.509	−0.595%	$675K	$316K	30x	as long as short
MEXC SILVER_USDT	+0.0126%	4h	66.470	−0.653%	$108.2M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0126%	4h	66.566	−0.510%	$193.6M	$715.6M	100x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.486	−0.629%	$48K	—	10x	as long as short
BloFin XAG-USDT	+0.0158%	4h	66.470	−0.653%	$2.6M	$663K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.380	−0.788%	$1.9M	$962K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.454	−0.677%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	66.530	−0.563%	$28.0M	$66.7M	50x	as long as short
Bitget XAGUSDT	+0.0200%	4h	66.490	−0.623%	$24.5M	$46.5M	100x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	66.470	−0.653%	$80K	$39K	10x	as long as short
Nado XAG-PERP	+0.0226%	1h	66.465	−0.661%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0261%	1h	66.466	−0.659%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.465	−0.661%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.370	−0.803%	$20K	$22K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.481	−0.637%	$767K	$552K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0502%	1h	66.540	−0.549%	$50K	$331K	20x	as long as short