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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h −0.045%
Price spread now: Extended against Bitget−0.142%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days+0.106%+$11 · spread now −0.142%, 7d avg −0.073%
Together, before fees+0.096%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.069% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAGUSDT66.2500.0246pay 0.0123% / 4h1h 37m$23.8M$46.2M100x
ShortExtended XAG-USD66.1560.0032get 0.0004% / 1h37m 08s$5.3M$12.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
−$44.94
Price spread: −0.142% → −0.073%
−$6.91
Slippage, 4 orders
−$4.73
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$73.58
Costs to cover
0.217%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 2 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 Bitget live order book, 2 min ago0.75 bp8.6 bp −$910.7 bp −$10718.7 bp −$1,86745.9 bp −$22.9K
Sell Extended live order book, 2 min ago0.08 bp3.8 bp −$44.9 bp −$4910.4 bp −$1,036doesn'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%1h66.160−0.136%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.147−0.155%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.270+0.030%$150.1M$163.1M100xas long as short
SunX XAG-USDT0.0000%4h66.210−0.060%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.2500.000%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.2500.000%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.157−0.140%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.228−0.033%$4.8M$9.4M25xas long as short
Extended XAG-USDshort+0.0032%1h66.156−0.142%$5.3M$12.1M10x
Injective XAG/USDC PERP+0.0033%1h66.400+0.226%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.180−0.106%$796K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.651+0.605%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.174−0.115%$3.9M$673K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.157−0.140%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.100−0.226%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.210−0.060%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0064%24h66.137−0.171%$570K$24.5M8.1xas long as short
Phoenix SILVER+0.0084%1h66.122−0.193%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0086%1h66.221−0.044%$165.8M$74.0M25xas long as short
Pacifica XAG+0.0100%1h66.136−0.172%$470K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.190−0.091%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.120−0.196%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0131%8h66.194−0.085%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.224−0.039%$2.7M$895K100xas long as short
Bybit XAGUSDT+0.0158%4h66.270+0.030%$26.6M$36.4M150xas long as short
Lighter XAG+0.0168%1h66.227−0.035%$5.3M$10.4M25xas long as short
Aevo XAG-PERP+0.0176%1h66.210−0.060%$48K10xas long as short
Variational Omni XAG+0.0177%4h66.102−0.223%$5.6M$9.8Mas long as short
RISEx XAG/USDC+0.0181%1h66.210−0.060%$1.2M$4.4M20xas long as short
MEXC SILVER_USDT+0.0188%4h66.240−0.015%$111.1M$152.2M1000xas long as short
Binance XAGUSDT+0.0190%4h66.252+0.004%$191.5M$705.8M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.050−0.302%$1.8M$970K20xas long as short
edgeX XAGUSDC+0.0197%4h66.096−0.233%$671K$313K30xas long as short
OKX XAG-USDT-SWAP+0.0216%8h66.2500.000%$27.6M$65.8M50xas long as short
BloFin XAG-USDT+0.0226%4h66.210−0.060%$2.6M$553K100xas long as short
Nado XAG-PERP+0.0234%1h66.152−0.149%$1.3M$6.6M10xas long as short
Aftermath Perps XAGUSD+0.0237%1h66.148−0.154%$80K$37K10xas long as short
Bitget XAGUSDTlong+0.0246%4h66.250long leg$23.8M$46.2M100x
Hibachi XAG/USDT-P+0.0248%1h66.134−0.176%$20K$22K10xas long as short
GRVT XAG_USDT_Perp+0.0264%4h66.186−0.096%$395K$1.5M25xas long as short
Bullet SILVER-USD+0.0265%1h66.223−0.041%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0336% / S −0.0350%1h66.225−0.038%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.210−0.060%$50K$327K20xas long as short
Kraken Futures PF_XAGUSD+0.0550%1h66.181−0.104%$919K$674K25xas long as short