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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against ApeX Omni+2.453%7-day average · you sell dearer than you buy
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 7 days−0.207%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 2.453% dearer against ApeX Omni than usual: you sell high and buy low (spread +2.453% now, against zero (this spread has no 7-day history yet)): +$245 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAGUSDT64.8100.0100pay 0.0013% / 1h26m 43s$111K$19K50x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h26m 43s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against ApeX Omni. 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
Price spread: +2.453% → 0.000%
$245.33
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$221.31
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 4 min ago; Injective: 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 ApeX Omni live order book, 4 min ago6.95 bp19.1 bp −$1964.4 bp −$644doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
dYdX XAG-USD0.0000%1h64.673−0.212%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h64.800−0.015%$139.0M$186.0M100xas long as short
SunX XAG-USDT0.0000%4h64.800−0.015%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.800−0.015%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.790−0.031%$1.5M$337K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.663−0.227%$117K250xas long as short
Variational Omni XAG+0.0017%4h64.834+0.037%$5.3M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.744−0.102%$4.5M$9.9M25xas long as short
Extended XAG-USD+0.0032%1h64.726−0.129%$5.0M$12.2M10xas long as short
Injective XAG/USDC PERPshort+0.0033%1h66.400+2.453%$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.720−0.139%$778K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.150+0.525%25xas long as short
QFEX SILVER-USD+0.0047%1h64.740−0.108%$447K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.665−0.224%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.703−0.165%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.670−0.216%$5.6M$9.9M25xas long as short
MEXC SILVER_USDT+0.0056%4h64.780−0.046%$122.5M$159.2M1000xas long as short
edgeX XAGUSDC+0.0058%4h64.839+0.044%$660K$315K30xas long as short
Binance XAGUSDT+0.0058%4h64.760−0.077%$196.3M$783.1M100xas long as short
Paradex XAG-USD-PERP+0.0062%8h64.749−0.094%$29K$1665xas long as short
Aevo XAG-PERP+0.0072%1h64.749−0.094%$46K10xas long as short
Aster XAGUSDT+0.0078%4h64.770−0.062%$2.6M$1.0M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.740−0.108%$1.6M$1.5M20xas long as short
Kalshi KXSILVERPERP+0.0086%24h64.761−0.076%$490K$35.1M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h64.736−0.114%$34K$21K20xas long as short
Pacifica XAG+0.0100%1h64.712−0.151%$462K$591K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.740−0.108%$25.0M$4.6M75xas long as short
ApeX Omni XAGUSDTlong+0.0100%1h64.810long leg$111K$19K50x
Phoenix SILVER+0.0111%1h64.767−0.066%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0128%1h64.716−0.145%$172.6M$88.8M25xas long as short
RISEx XAG/USDC+0.0158%1h64.730−0.123%$1.2M$4.9M20xas long as short
GRVT XAG_USDT_Perp+0.0160%4h64.830+0.031%$386K$1.6M25xas long as short
Nado XAG-PERP+0.0160%1h64.719−0.140%$1.2M$4.2M10xas long as short
Bitget XAGUSDT+0.0196%4h64.760−0.077%$23.4M$47.4M100xas long as short
OKX XAG-USDT-SWAP+0.0197%8h64.750−0.093%$28.8M$74.8M50xas long as short
Aftermath Perps XAGUSD+0.0219%1h64.769−0.063%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.744−0.102%$5.2M$11.1M25xas long as short
Bybit XAGUSDT+0.0224%4h64.780−0.046%$30.1M$43.5M150xas long as short
BloFin XAG-USDT+0.0232%4h64.770−0.062%$2.7M$668K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.775−0.054%$92K111xas long as short
Bullet SILVER-USD+0.0296%1h64.781−0.045%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0344%1h64.664−0.225%$19K$15K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0368%1h64.760−0.077%$76K$432K20xas long as short
Kraken Futures PF_XAGUSD+0.0421%1h64.745−0.100%$1.0M$894K25xas long as short