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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.019%
Price spread now: tradeXYZ against BloFin−0.085%68s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.350% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.278%+$28 on $10k
Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.085%, 7d avg −0.074%
Together, before fees+0.251%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.278%, so the current rate has only just turned against you. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAG-USDT66.8100.0060pay 0.0030% / 4h3h 45m$2.6M$692K100x
ShorttradeXYZ xyz:SILVER66.7530.0050get 0.0006% / 1h45m 54s$166.1M$86.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against BloFin. 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
−$2.1
Price spread: −0.085% → −0.074%
−$1.16
Slippage, 4 orders
−$4.99
Fee BloFin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$38.24
Costs to cover
0.350%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; tradeXYZ: 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 BloFin live order book, 2 min ago0.75 bp6.7 bp −$77.0 bp −$708.8 bp −$87813.6 bp −$6,814
Sell tradeXYZ live order book, 3 min ago0.30 bp9.6 bp −$1010.0 bp −$100doesn'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
dYdX XAG-USD0.0000%1h66.743−0.100%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.800−0.015%$26.1M$35.3M150xas long as short
Gate XAG_USDT0.0000%4h66.790−0.030%$155.6M$166.2M100xas long as short
SunX XAG-USDT0.0000%4h66.800−0.015%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.8100.000%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.790−0.030%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.735−0.112%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.772−0.057%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.736−0.111%$5.4M$13.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.614%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.780−0.045%$804K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.241+0.645%25xas long as short
Phoenix SILVER+0.0048%1h66.747−0.094%$57K$26K25xas long as short
tradeXYZ xyz:SILVERshort+0.0050%1h66.753−0.085%$166.1M$86.2M25x
Polymarket Perps SILVER-USD+0.0050%1h66.755−0.082%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.739−0.106%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.700−0.165%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0051%1h66.770−0.060%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.747−0.094%$573K$21.9M8.1xas long as short
BloFin XAG-USDTlong+0.0060%4h66.810long leg$2.6M$692K100x
Lighter XAG+0.0072%1h66.784−0.040%$5.4M$10.4M25xas long as short
Hotstuff SILVER-PERP+0.0080%1h66.796−0.021%$36K$21K20xas long as short
Paradex XAG-USD-PERP+0.0087%8h66.787−0.034%$30K$1K5xas long as short
Variational Omni XAG+0.0092%4h66.785−0.038%$5.6M$9.9Mas long as short
Aster XAGUSDT+0.0098%4h66.798−0.018%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.757−0.079%$476K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.760−0.075%$24.7M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.770−0.060%$127K$26K50xas long as short
Binance XAGUSDT+0.0103%4h66.792−0.027%$191.9M$725.6M100xas long as short
MEXC SILVER_USDT+0.0104%4h66.790−0.030%$108.6M$157.0M1000xas long as short
Aevo XAG-PERP+0.0104%1h66.783−0.041%$48K10xas long as short
edgeX XAGUSDC+0.0114%4h66.841+0.047%$678K$315K30xas long as short
GRVT XAG_USDT_Perp+0.0118%4h66.8100.000%$397K$1.5M25xas long as short
Nado XAG-PERP+0.0135%1h66.748−0.093%$1.3M$6.5M10xas long as short
RISEx XAG/USDC+0.0148%1h66.807−0.005%$1.3M$4.2M20xas long as short
Bitget XAGUSDT+0.0164%4h66.790−0.030%$24.8M$48.7M100xas long as short
Aftermath Perps XAGUSD+0.0175%1h66.776−0.051%$80K$40K10xas long as short
Bullet SILVER-USD+0.0183%1h66.794−0.024%$45K$75K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.780−0.045%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0189%8h66.790−0.030%$28.2M$67.4M50xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.742−0.102%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.795−0.022%$104K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0349%1h66.790−0.030%$51K$344K20xas long as short
Kraken Futures PF_XAGUSD+0.0487%1h66.761−0.074%$766K$589K25xas long as short