Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.034%
Price spread now: dYdX against Aevo−0.127%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and dYdX is 0.127% cheaper against Aevo than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAG-PERP66.5070.0136pay 0.0017% / 1h41m 12s$48K10x
ShortdYdX XAG-USD66.4230get 0.0000% / 1h41m 12s$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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

Funding earned
−$28.56
Price spread: −0.127% → 0.000%
−$12.69
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$67.25
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell dYdX no order-book sample
Aevo and dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−0.0032%1h66.441−0.099%$35K$21K20xas long as short
dYdX XAG-USDshort0.0000%1h66.423−0.127%$15K5x
Gate XAG_USDT0.0000%4h66.530+0.035%$154.6M$161.9M100xas long as short
SunX XAG-USDT0.0000%4h66.500−0.010%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.520+0.020%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.530+0.035%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.439−0.101%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.501−0.010%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.434−0.109%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.161%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.560+0.080%$801K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.924+0.627%25xas long as short
Phoenix SILVER+0.0048%1h66.413−0.141%$56K$26K25xas long as short
Ondo Perps XAG-USD.P+0.0049%1h66.370−0.206%$5.7M$9.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.456−0.077%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.450−0.086%$3K$5K20xas long as short
QFEX SILVER-USD+0.0054%1h66.490−0.026%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.438−0.104%$574K$23.1M8.1xas long as short
Bybit XAGUSDT+0.0065%4h66.540+0.050%$26.4M$35.9M150xas long as short
RISEx XAG/USDC+0.0079%1h66.485−0.033%$1.2M$4.3M20xas long as short
tradeXYZ xyz:SILVER+0.0096%1h66.490−0.026%$166.0M$79.4M25xas long as short
Pacifica XAG+0.0100%1h66.418−0.134%$473K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.480−0.041%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.490−0.026%$126K$23K50xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.095%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0113%4h66.490−0.026%$2.8M$971K100xas long as short
Paradex XAG-USD-PERP+0.0122%8h66.463−0.066%$30K$1K5xas long as short
Variational Omni XAG+0.0129%4h66.505−0.003%$5.5M$9.8Mas long as short
Aevo XAG-PERPlong+0.0136%1h66.507long leg$48K10x
MEXC SILVER_USDT+0.0146%4h66.520+0.020%$108.2M$156.6M1000xas long as short
Binance XAGUSDT+0.0148%4h66.525+0.027%$193.1M$707.9M100xas long as short
edgeX XAGUSDC+0.0153%4h66.569+0.093%$676K$313K30xas long as short
Lighter XAG+0.0160%1h66.517+0.015%$5.4M$10.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520+0.020%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0197%8h66.520+0.020%$28.1M$66.0M50xas long as short
Bitget XAGUSDT+0.0220%4h66.540+0.050%$24.4M$45.9M100xas long as short
Aftermath Perps XAGUSD+0.0223%1h66.470−0.056%$80K$38K10xas long as short
Nado XAG-PERP+0.0223%1h66.432−0.112%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0238%4h66.591+0.126%$395K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0280%1h66.430−0.116%$20K$22K10xas long as short
Bullet SILVER-USD+0.0281%1h66.500−0.010%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.485−0.033%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0462%1h66.466−0.061%$766K$491K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0502%1h66.520+0.020%$50K$325K20xas long as short