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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h −0.613%
Price spread now: Hotstuff against Aevo−0.025%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.025% cheaper against Aevo than usual: you would sell low and buy high (−$3 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-PERP65.6160.0080pay 0.0010% / 1h50m 51s$47K10x
ShortHotstuff SILVER-PERP65.5990get 0.0000% / 1h50m 51s$39K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$16.8
Price spread: −0.025% → 0.000%
−$2.53
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$40.33
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Hotstuff: 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 Hotstuff no order-book sample
Aevo and Hotstuff: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USD0.0000%1h65.577−0.059%$13K$8K5xas long as short
RISEx XAG/USDC0.0000%1h65.634+0.028%$1.3M$5.5M20xas long as short
Hotstuff SILVER-PERPshort0.0000%1h65.599−0.025%$39K$26K20x
Gate XAG_USDT0.0000%4h65.600−0.024%$136.5M$198.6M100xas long as short
SunX XAG-USDT0.0000%4h65.630+0.022%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.670+0.083%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.650+0.052%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.574−0.064%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.611−0.007%$4.5M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.550−0.099%$5.1M$12.0M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h64.602−1.545%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.630+0.022%$789K$3.0M40xas long as short
QFEX SILVER-USD+0.0042%1h65.630+0.022%$447K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h66.070+0.693%25xas long as short
Bybit XAGUSDT+0.0046%4h65.610−0.008%$30.5M$47.8M150xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.602−0.021%$3.8M$904K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.563−0.080%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h65.550−0.100%$5.7M$11.0M25xas long as short
Variational Omni XAG+0.0052%4h65.578−0.058%$5.6M$9.0Mas long as short
Paradex XAG-USD-PERP+0.0052%8h65.619+0.005%$29K5xas long as short
Aster XAGUSDT+0.0073%4h65.590−0.039%$2.7M$1.2M100xas long as short
MEXC SILVER_USDT+0.0074%4h65.590−0.039%$114.9M$162.8M1000xas long as short
Binance XAGUSDT+0.0075%4h65.610−0.008%$190.5M$860.3M100xas long as short
Aevo XAG-PERPlong+0.0080%1h65.616long leg$47K10x
edgeX XAGUSDC+0.0090%4h65.579−0.056%$669K$314K30xas long as short
GRVT XAG_USDT_Perp+0.0094%4h65.606−0.015%$389K$1.6M25xas long as short
Pacifica XAG+0.0100%1h65.579−0.056%$463K$520K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.590−0.039%$25.4M$4.3M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.550−0.100%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.710+0.144%$1.6M$1.9M20xas long as short
tradeXYZ xyz:SILVER+0.0105%1h65.579−0.056%$175.8M$86.8M25xas long as short
Kalshi KXSILVERPERP+0.0107%24h65.646+0.046%$810K$39.0M8.1xas long as short
Nado XAG-PERP+0.0129%1h65.585−0.047%$1.2M$3.4M10xas long as short
Phoenix SILVER+0.0134%1h65.580−0.054%$55K$15K25xas long as short
Lighter XAG+0.0144%1h65.607−0.013%$5.3M$11.8M25xas long as short
OKX XAG-USDT-SWAP+0.0177%8h65.590−0.039%$27.9M$85.6M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0208%1h65.600−0.024%$77K$408K20xas long as short
Bitget XAGUSDT+0.0212%4h65.600−0.024%$23.1M$52.7M100xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.580−0.054%$21K$12K10xas long as short
Aftermath Perps XAGUSD+0.0227%1h65.619+0.005%$79K$37K10xas long as short
Bullet SILVER-USD+0.0233%1h65.635+0.030%$44K$73K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0283% / S −0.0254%1h65.635+0.030%$93K111xas long as short
BloFin XAG-USDT+0.0301%4h65.640+0.037%$2.7M$784K100xas long as short
Kraken Futures PF_XAGUSD+0.0539%1h65.600−0.024%$1.0M$943K25xas long as short