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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0023%/8h= −2.6% APRnext payment $0.03 per $10,000 · paid last 24h +0.019%
Price spread now: Deribit against Bullet−0.013%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SILVER-USD66.0590.0228pay 0.0028% / 1h23m 10s$45K$76K10x
ShortDeribit SILVER_USDC-PERPETUAL66.0500.0204get 0.0026% / 1h23m 10s$75K$363K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Bullet. 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
−$4.92
Price spread: −0.013% → 0.000%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$21.22
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; Deribit: live order book, 30 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 Bullet no order-book sample
Sell Deribit live order book, 30 min ago0.76 bp8.8 bp −$910.4 bp −$104doesn't fitdoesn't fit
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0057%1h65.920−0.210%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.106%$15K5xas long as short
SunX XAG-USDT0.0000%4h66.060+0.002%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.060+0.002%$1.0M$957K75xas long as short
Phemex XAGUSDT0.0000%4h66.070+0.017%$1.5M$320K100xas long as short
Gate XAG_USDT+0.0002%4h66.080+0.032%$149.9M$163.8M100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.002−0.086%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.050−0.014%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.000−0.088%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.517%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.020−0.058%$794K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.471+0.624%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.018−0.061%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.002−0.086%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h66.026−0.049%$166.5M$73.8M25xas long as short
Paradex XAG-USD-PERP+0.0057%8h66.030−0.043%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.030−0.043%$114K$2.7M20xas long as short
Phoenix SILVER+0.0073%1h65.963−0.145%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.006−0.080%$517K$26.1M8.1xas long as short
Hotstuff SILVER-PERP+0.0080%1h65.992−0.101%$35K$21K20xas long as short
RISEx XAG/USDC+0.0080%1h66.054−0.007%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.988−0.107%$470K$608K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030−0.043%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.980−0.119%$113K$30K50xas long as short
Lighter XAG+0.0104%1h66.052−0.009%$5.2M$10.7M25xas long as short
Aster XAGUSDT+0.0130%4h66.070+0.017%$2.7M$866K100xas long as short
Bybit XAGUSDT+0.0132%4h66.080+0.032%$27.8M$36.6M150xas long as short
BloFin XAG-USDT+0.0160%4h66.040−0.028%$2.6M$563K100xas long as short
Nado XAG-PERP+0.0171%1h66.011−0.072%$1.4M$5.8M10xas long as short
Aevo XAG-PERP+0.0176%1h66.040−0.028%$47K10xas long as short
Variational Omni XAG+0.0178%4h66.013−0.069%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0186%4h66.060+0.002%$114.7M$152.6M1000xas long as short
Binance XAGUSDT+0.0187%4h66.070+0.017%$191.2M$701.4M100xas long as short
Aftermath Perps XAGUSD+0.0192%1h65.982−0.116%$79K$36K10xas long as short
edgeX XAGUSDC+0.0196%4h66.015−0.067%$670K$310K30xas long as short
Deribit SILVER_USDC-PERPETUALshort+0.0204%1h66.050−0.013%$75K$363K20x
GRVT XAG_USDT_Perp+0.0206%4h66.026−0.049%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.164%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0226%8h66.060+0.002%$27.7M$64.5M50xas long as short
Bullet SILVER-USDlong+0.0228%1h66.059long leg$45K$76K10x
Bitget XAGUSDT+0.0230%4h66.070+0.017%$23.9M$45.2M100xas long as short
Hibachi XAG/USDT-P+0.0304%1h65.970−0.134%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.065+0.010%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.024−0.053%$911K$683K25xas long as short