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−0.0190%/8h= −20.8% APRnext payment $0.95 per $10,000 · paid last 24h −0.063%
Price spread now: Gate against Bitget0.000%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 days+0.037%+$4 · spread now 0.000%, 7d avg +0.014%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAGUSDT66.0400.0228pay 0.0114% / 4h3h 07m$23.9M$45.0M100x
ShortGate XAG_USDT66.0400.0038get 0.0019% / 4h3h 07m$149.8M$164.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$39.9
Price spread: 0.000% → +0.014%
−$1.37
Slippage, 4 orders
−$3.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$71.98
Costs to cover
0.307%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago0.76 bp7.1 bp −$79.0 bp −$9017.1 bp −$1,71355.9 bp −$27.9K
Sell Gate live order book, 1 min ago0.76 bp8.5 bp −$99.7 bp −$9711.8 bp −$1,18014.7 bp −$7,336

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−0.0056%1h65.900−0.212%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.078%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.020−0.030%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.060+0.030%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.030−0.015%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.957−0.125%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.011−0.044%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.974−0.099%$5.2M$11.5M10xas long as short
Hotstuff SILVER-PERP+0.0032%1h65.980−0.091%$35K$21K20xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.545%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDTshort+0.0038%4h66.0400.000%$149.8M$164.4M100x
StandX XAG-USD+0.0040%1h66.020−0.030%$794K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.437+0.601%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.980−0.091%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.956−0.127%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.997−0.065%$30K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0059%1h65.990−0.076%$166.2M$73.8M25xas long as short
QFEX SILVER-USD+0.0060%1h66.000−0.061%$114K$2.7M20xas long as short
Phoenix SILVER+0.0073%1h65.996−0.067%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h65.972−0.103%$556K$26.4M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.019−0.032%$1.3M$4.9M20xas long as short
Bybit XAGUSDT+0.0100%4h66.060+0.030%$27.8M$36.5M150xas long as short
Pacifica XAG+0.0100%1h65.953−0.131%$469K$604K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.000−0.061%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.000−0.061%$113K$30K50xas long as short
Lighter XAG+0.0120%1h66.014−0.039%$5.2M$10.9M25xas long as short
Aster XAGUSDT+0.0120%4h66.045+0.007%$2.7M$866K100xas long as short
BloFin XAG-USDT+0.0142%4h66.030−0.015%$2.6M$569K100xas long as short
Variational Omni XAG+0.0163%4h66.003−0.056%$5.6M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.004−0.055%$47K10xas long as short
MEXC SILVER_USDT+0.0176%4h66.030−0.015%$114.4M$152.8M1000xas long as short
Binance XAGUSDT+0.0176%4h66.039−0.002%$190.9M$702.7M100xas long as short
Nado XAG-PERP+0.0185%1h65.971−0.104%$1.4M$5.8M10xas long as short
edgeX XAGUSDC+0.0193%4h66.054+0.021%$670K$310K30xas long as short
GRVT XAG_USDT_Perp+0.0194%4h66.070+0.045%$395K$1.5M25xas long as short
Aftermath Perps XAGUSD+0.0197%1h65.998−0.064%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.000−0.061%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.091%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0224%8h66.0400.000%$27.7M$64.6M50xas long as short
Bitget XAGUSDTlong+0.0228%4h66.040long leg$23.9M$45.0M100x
Bullet SILVER-USD+0.0235%1h66.028−0.018%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0304%1h65.983−0.087%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.025−0.023%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.986−0.082%$910K$685K25xas long as short