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+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.005%
Price spread now: Variational Omni against Aster−0.346%7-day average −0.003% · 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)+0.010%+$1 on $10k
Price spread, last 7 days+0.351%+$35 · spread now −0.346%, 7d avg −0.003%
Together, before fees+0.361%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.343% cheaper against Aster than usual: you would sell low and buy high (spread −0.346% now, against its 7-day average of −0.003%). If the spread goes back, that is −$34 on $10k: about 34 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.010% in total) that is about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAGUSDT65.4100.0091pay 0.0046% / 4h2h 17m$2.7M$953K100x
ShortVariational Omni XAG65.1840.0125get 0.0062% / 4h2h 17m$5.5M$9.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$7.04
Price spread: −0.346% → −0.003%
−$34.34
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$35.3
Costs to cover
0.080%
Break-even
42.1 days
Slippage unknown: Aster: live order book, 6 min ago; Variational Omni: RFQ quote, 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 Aster live order book, 6 min ago1.53 bp5.5 bp −$66.8 bp −$6816.6 bp −$1,661doesn't fit
Sell Variational Omni RFQ quote, 1 min ago2.59 bpdoesn't fit2.7 bp −$27doesn't fitdoesn'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
Ondo Perps XAG-USD.P−0.0004%1h65.280−0.199%$5.6M$9.6M25xas long as short
dYdX XAG-USD0.0000%1h65.288−0.186%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.420+0.015%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.460+0.076%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.440+0.046%$1.5M$279K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.341−0.106%$118K250xas long as short
RISEx XAG/USDC+0.0030%1h65.389−0.032%$1.2M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.411+0.002%$4.7M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.342−0.103%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.514%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.241−0.258%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h65.240−0.260%$785K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.805+0.604%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.347−0.096%$35K$21K20xas long as short
Gate XAG_USDT+0.0048%4h65.420+0.015%$147.1M$176.9M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.358−0.079%$3.9M$712K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.353−0.087%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.370−0.061%$152K$2.8M20xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.369−0.063%$29K$1K5xas long as short
Kalshi KXSILVERPERP+0.0076%24h65.354−0.086%$501K$28.9M8.1xas long as short
tradeXYZ xyz:SILVER+0.0076%1h65.381−0.044%$170.3M$82.2M25xas long as short
Aster XAGUSDTlong+0.0091%4h65.410long leg$2.7M$953K100x
Pacifica XAG+0.0100%1h65.326−0.129%$466K$626K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.370−0.061%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200−0.321%$111K$30K50xas long as short
Bybit XAGUSDT+0.0103%4h65.420+0.015%$28.6M$39.9M150xas long as short
Variational Omni XAGshort+0.0125%4h65.184−0.346%$5.5M$9.5M
Lighter XAG+0.0128%1h65.421+0.016%$5.3M$11.2M25xas long as short
Aevo XAG-PERP+0.0136%1h65.4100.000%$47K10xas long as short
MEXC SILVER_USDT+0.0138%4h65.390−0.031%$120.0M$160.5M1000xas long as short
edgeX XAGUSDC+0.0141%4h65.252−0.242%$664K$313K30xas long as short
Binance XAGUSDT+0.0142%4h65.400−0.015%$189.4M$744.3M100xas long as short
Nado XAG-PERP+0.0156%1h65.357−0.082%$1.3M$5.6M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.150−0.397%$1.6M$1.4M20xas long as short
GRVT XAG_USDT_Perp+0.0178%4h65.293−0.180%$388K$1.5M25xas long as short
Aftermath Perps XAGUSD+0.0204%1h65.355−0.084%$79K$37K10xas long as short
Bitget XAGUSDT+0.0212%4h65.4100.000%$23.2M$48.2M100xas long as short
OKX XAG-USDT-SWAP+0.0218%8h65.4100.000%$27.9M$71.0M50xas long as short
Bullet SILVER-USD+0.0242%1h65.405−0.008%$43K$76K10xas long as short
Hibachi XAG/USDT-P+0.0336%1h65.185−0.343%$20K$19K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.4100.000%$66K$371K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0365% / S −0.0357%1h65.415+0.008%$92K111xas long as short
BloFin XAG-USDT+0.0380%4h65.340−0.107%$2.6M$628K100xas long as short
Kraken Futures PF_XAGUSD+0.0471%1h65.395−0.023%$912K$755K25xas long as short