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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h −0.004%
Price spread now: GRVT against Aster−0.022%100s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days−0.004%$0 · spread now −0.022%, 7d avg +0.012%
Together, before fees+0.039%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.034% cheaper against Aster than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.012%). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.044% in total) that is about 5.4 days. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAGUSDT66.5140.0089pay 0.0044% / 4h3h 09m$2.8M$1.1M100x
ShortGRVT XAG_USDT_Perp66.5000.0164get 0.0082% / 4h3h 09m$391K$1.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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
$15.83
Price spread: −0.022% → +0.012%
−$3.4
Slippage, 4 orders
−$7.4
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$11.97
Costs to cover
0.244%
Break-even
12.3 days
Slippage from Aster: live order book, 4 min ago; GRVT: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago0.75 bp4.8 bp −$56.2 bp −$6215.4 bp −$1,544doesn't fit
Sell GRVT live order book, 3 min ago0.75 bp8.0 bp −$810.7 bp −$10748.0 bp −$4,796doesn't fit

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%1h66.473−0.062%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.530+0.023%$25.6M$35.6M150xas long as short
Gate XAG_USDT0.0000%4h66.530+0.023%$155.0M$169.4M100xas long as short
SunX XAG-USDT0.0000%4h66.520+0.008%$2K$2.9M20xas long as short
HTX XAG-USDT0.0000%4h66.550+0.053%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.520+0.008%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.449−0.098%$120K250xas long as short
Hotstuff SILVER-PERP+0.0024%1h66.476−0.058%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.493−0.032%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.446−0.103%$5.4M$12.4M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.172%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.490−0.037%$800K$2.8M40xas long as short
Vest SI-PERP+0.0046%1h66.944+0.646%25xas long as short
Phoenix SILVER+0.0048%1h66.472−0.064%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.480−0.052%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.445−0.104%$3K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.390−0.187%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0051%1h66.510−0.007%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.461−0.080%$562K$21.5M8.1xas long as short
tradeXYZ xyz:SILVER+0.0067%1h66.483−0.047%$165.6M$85.2M25xas long as short
Aster XAGUSDTlong+0.0089%4h66.514long leg$2.8M$1.1M100x
Variational Omni XAG+0.0099%4h66.494−0.031%$5.6M$9.9Mas long as short
Pacifica XAG+0.0100%1h66.452−0.094%$474K$617K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.470−0.067%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.450−0.097%$126K$24K50xas long as short
Paradex XAG-USD-PERP+0.0107%8h66.501−0.020%$30K$1K5xas long as short
edgeX XAGUSDC+0.0109%4h66.478−0.055%$675K$316K30xas long as short
MEXC SILVER_USDT+0.0110%4h66.510−0.007%$108.6M$160.6M1000xas long as short
Aevo XAG-PERP+0.0112%1h66.506−0.013%$48K10xas long as short
Binance XAGUSDT+0.0113%4h66.520+0.008%$193.6M$720.7M100xas long as short
Lighter XAG+0.0128%1h66.499−0.024%$5.4M$10.6M25xas long as short
RISEx XAG/USDC+0.0148%1h66.517+0.003%$1.3M$4.2M20xas long as short
GRVT XAG_USDT_Perpshort+0.0164%4h66.500−0.022%$391K$1.5M25x
BloFin XAG-USDT+0.0167%4h66.490−0.037%$2.6M$698K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.480−0.052%$1.9M$933K20xas long as short
Nado XAG-PERP+0.0185%1h66.463−0.077%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0186%4h66.520+0.008%$24.5M$47.6M100xas long as short
OKX XAG-USDT-SWAP+0.0192%8h66.520+0.008%$27.9M$66.9M50xas long as short
Aftermath Perps XAGUSD+0.0204%1h66.465−0.074%$80K$39K10xas long as short
Bullet SILVER-USD+0.0245%1h66.530+0.023%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0256%1h66.470−0.067%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.515+0.001%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.500−0.022%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.484−0.046%$764K$564K25xas long as short