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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against ApeX Omni−0.132%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 3 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 SoDEX is 0.132% cheaper against ApeX Omni 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
LongApeX Omni XAGUSDT65.0700.0100pay 0.0013% / 1h5m 18s$111K$19K50x
ShortSoDEX SILVER-USD64.9840.0050get 0.0006% / 1h5m 18s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$10.5
Price spread: −0.132% → 0.000%
−$13.22
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$41.72
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 30 min ago; SoDEX: 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, 30 min ago3.06 bp23.4 bp −$2357.2 bp −$572doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Ondo Perps XAG-USD.P−0.0023%1h64.950−0.184%$5.6M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0016%1h65.024−0.071%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h64.997−0.112%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.080+0.015%$27.7M$39.0M150xas long as short
SunX XAG-USDT0.0000%4h65.0700.000%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.090+0.031%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.0700.000%$1.4M$281K100xas long as short
Variational Omni XAG+0.0003%4h65.056−0.021%$5.5M$9.1Mas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.996−0.113%$118K250xas long as short
Gate XAG_USDT+0.0030%4h65.080+0.015%$140.2M$181.9M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.053−0.026%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.002−0.104%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.044%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.0700.000%$126.2M$162.8M1000xas long as short
Binance XAGUSDT+0.0035%4h65.069−0.002%$191.5M$756.3M100xas long as short
edgeX XAGUSDC+0.0036%4h65.076+0.009%$662K$313K30xas long as short
StandX XAG-USD+0.0040%1h65.0700.000%$783K$3.0M40xas long as short
Aster XAGUSDT+0.0043%4h65.069−0.001%$2.6M$982K100xas long as short
QFEX SILVER-USD+0.0044%1h65.0700.000%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.476+0.624%25xas long as short
Aevo XAG-PERP+0.0048%1h65.060−0.015%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.052−0.028%$3.8M$892K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h64.984−0.132%$3K$6K20x
Paradex XAG-USD-PERP+0.0054%8h65.031−0.060%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.054−0.025%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0072%1h65.034−0.055%$172.9M$84.6M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.035−0.054%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030−0.061%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.000−0.108%$462K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.020−0.077%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDTlong+0.0100%1h65.070long leg$111K$19K50x
RISEx XAG/USDC+0.0118%1h65.065−0.008%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0141%4h65.090+0.031%$2.7M$625K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.099+0.044%$385K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.041−0.045%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0164%4h65.060−0.015%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.080+0.015%$28.3M$70.6M50xas long as short
Lighter XAG+0.0184%1h65.055−0.023%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0198%1h65.072+0.003%$78K$37K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.021−0.075%$20K$16K10xas long as short
Bullet SILVER-USD+0.0235%1h65.075+0.007%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075+0.008%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0365%1h65.048−0.035%$1.0M$869K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.050−0.031%$65K$398K20xas long as short