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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0173%/8h= +18.9% APRnext payment +$0.86 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Binance+0.115%111s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now +0.115%, 7d avg +0.010%
Together, before fees−0.082%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.106% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAGUSDT64.7650.0058pay 0.0029% / 4h3h 27m$196.3M$781.2M100x
ShortBloFin XAG-USDT64.8400.0231get 0.0115% / 4h3h 27m$2.7M$667K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$36.3
Price spread: +0.115% → +0.010%
$10.56
Slippage, 4 orders
−$3.09
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$21.77
Costs to cover
0.251%
Break-even
2.8 days
Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 6 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 Binance live order book, 2 min ago0.77 bp5.8 bp −$66.5 bp −$659.1 bp −$90522.9 bp −$11.4K
Sell BloFin live order book, 6 min ago0.77 bp6.8 bp −$76.8 bp −$689.8 bp −$97518.1 bp −$9,053

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%1h64.673−0.143%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h64.800+0.053%$139.1M$185.7M100xas long as short
SunX XAG-USDT0.0000%4h64.800+0.053%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.780+0.022%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.780+0.022%$1.5M$337K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.663−0.158%$117K250xas long as short
Variational Omni XAG+0.0017%4h64.834+0.106%$5.3M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.748−0.027%$4.5M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h64.695−0.108%$5.0M$12.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.524%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.720−0.070%$778K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.150+0.594%25xas long as short
QFEX SILVER-USD+0.0047%1h64.740−0.039%$447K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.665−0.155%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.666−0.154%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.670−0.147%$5.6M$9.9M25xas long as short
MEXC SILVER_USDT+0.0056%4h64.720−0.070%$121.2M$159.0M1000xas long as short
edgeX XAGUSDC+0.0058%4h64.839+0.113%$660K$315K30xas long as short
Binance XAGUSDTlong+0.0058%4h64.765long leg$196.3M$781.2M100x
Paradex XAG-USD-PERP+0.0062%8h64.749−0.025%$29K$1665xas long as short
Aevo XAG-PERP+0.0072%1h64.749−0.025%$46K10xas long as short
Aster XAGUSDT+0.0078%4h64.770+0.006%$2.6M$1.0M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.740−0.039%$1.6M$1.5M20xas long as short
Kalshi KXSILVERPERP+0.0085%24h64.711−0.084%$484K$34.6M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h64.736−0.046%$34K$21K20xas long as short
Pacifica XAG+0.0100%1h64.712−0.083%$462K$591K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.720−0.070%$25.0M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.810+0.069%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h64.767+0.002%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0129%1h64.727−0.059%$172.6M$88.7M25xas long as short
RISEx XAG/USDC+0.0158%1h64.730−0.055%$1.2M$4.9M20xas long as short
GRVT XAG_USDT_Perp+0.0160%4h64.830+0.100%$386K$1.6M25xas long as short
Nado XAG-PERP+0.0160%1h64.719−0.072%$1.2M$4.2M10xas long as short
Bitget XAGUSDT+0.0196%4h64.780+0.022%$23.4M$47.3M100xas long as short
OKX XAG-USDT-SWAP+0.0197%8h64.780+0.022%$28.8M$74.6M50xas long as short
Aftermath Perps XAGUSD+0.0219%1h64.769+0.006%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.760−0.009%$5.2M$11.1M25xas long as short
Bybit XAGUSDT+0.0224%4h64.790+0.038%$29.7M$43.4M150xas long as short
BloFin XAG-USDTshort+0.0231%4h64.840+0.115%$2.7M$667K100x
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.775+0.015%$92K111xas long as short
Bullet SILVER-USD+0.0296%1h64.781+0.024%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0344%1h64.664−0.157%$19K$15K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0368%1h64.760−0.008%$76K$432K20xas long as short
Kraken Futures PF_XAGUSD+0.0421%1h64.745−0.032%$1.0M$894K25xas long as short