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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0069%/8h= −7.5% APRnext payment $0.09 per $10,000 · paid last 24h −0.021%
Price spread now: QFEX against Aevo−0.027%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 feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.027% 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-PERP65.6970.0120pay 0.0015% / 1h53m 15s$47K10x
ShortQFEX SILVER-USD65.6800.0051get 0.0006% / 1h53m 15s$447K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$14.43
Price spread: −0.027% → 0.000%
−$2.65
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$43.08
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; QFEX: live order book, 1 min ago. 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 QFEX live order book, 1 min ago2.28 bp8.7 bp −$98.8 bp −$889.6 bp −$95813.1 bp −$6,557
Aevo: 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
Hotstuff SILVER-PERP−1.5176%1h65.532−0.252%$36K$23K20xas long as short
dYdX XAG-USD0.0000%1h65.651−0.071%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.730+0.050%$138.6M$203.7M100xas long as short
SunX XAG-USDT0.0000%4h65.700+0.004%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.720+0.034%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.730+0.050%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.658−0.060%$119K250xas long as short
Ondo Perps XAG-USD.P+0.0009%1h65.590−0.163%$5.7M$11.0M25xas long as short
Lighter RH XAG+0.0032%1h65.709+0.017%$4.5M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h65.643−0.082%$5.1M$11.8M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h64.602−1.667%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.680−0.027%$790K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.128+0.655%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.661−0.055%$3.8M$894K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.651−0.071%$3K$6K20xas long as short
QFEX SILVER-USDshort+0.0051%1h65.680−0.027%$447K$1.4M20x
tradeXYZ xyz:SILVER+0.0054%1h65.685−0.019%$174.7M$93.9M25xas long as short
Paradex XAG-USD-PERP+0.0057%8h65.687−0.016%$29K$1665xas long as short
Variational Omni XAG+0.0096%4h65.678−0.029%$5.7M$9.1Mas long as short
Kalshi KXSILVERPERP+0.0099%24h65.694−0.005%$711K$38.6M8.1xas long as short
Pacifica XAG+0.0100%1h65.648−0.076%$467K$570K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.690−0.011%$25.4M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.650−0.072%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.640−0.087%$1.6M$1.9M20xas long as short
Aster XAGUSDT+0.0115%4h65.719+0.032%$2.7M$1.1M100xas long as short
Binance XAGUSDT+0.0116%4h65.719+0.034%$191.9M$863.9M100xas long as short
RISEx XAG/USDC+0.0116%1h65.706+0.013%$1.2M$4.9M20xas long as short
MEXC SILVER_USDT+0.0118%4h65.710+0.019%$121.9M$162.8M1000xas long as short
Aevo XAG-PERPlong+0.0120%1h65.697long leg$47K10x
Phoenix SILVER+0.0122%1h65.676−0.033%$55K$14K25xas long as short
edgeX XAGUSDC+0.0134%4h65.652−0.069%$669K$313K30xas long as short
Nado XAG-PERP+0.0144%1h65.665−0.049%$1.2M$3.6M10xas long as short
Bybit XAGUSDT+0.0144%4h65.730+0.050%$30.6M$48.2M150xas long as short
GRVT XAG_USDT_Perp+0.0146%4h65.726+0.044%$396K$1.5M25xas long as short
Lighter XAG+0.0152%1h65.717+0.030%$5.2M$11.6M25xas long as short
Bullet SILVER-USD+0.0206%1h65.709+0.018%$45K$74K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.700+0.004%$77K$411K20xas long as short
OKX XAG-USDT-SWAP+0.0213%8h65.730+0.050%$28.0M$85.9M50xas long as short
Aftermath Perps XAGUSD+0.0217%1h65.664−0.051%$79K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h65.730+0.050%$23.2M$52.7M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0268% / S −0.0236%1h65.705+0.012%$93K111xas long as short
Hibachi XAG/USDT-P+0.0272%1h65.654−0.065%$21K$12K10xas long as short
BloFin XAG-USDT+0.0358%4h65.720+0.034%$2.7M$772K100xas long as short
Kraken Futures PF_XAGUSD+0.0547%1h65.676−0.032%$1.0M$943K25xas long as short