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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0164%/8h= −18.0% APRnext payment $0.21 per $10,000 · paid last 24h −0.065%
Price spread now: dYdX against Bullet−0.057%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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and dYdX is 0.057% cheaper against Bullet than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SILVER-USD65.5080.0164pay 0.0021% / 1h54m 21s$44K$76K10x
ShortdYdX XAG-USD65.4710get 0.0000% / 1h54m 21s$12K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$34.45
Price spread: −0.057% → 0.000%
−$5.7
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$58.15
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample
Bullet and dYdX: 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
Hibachi XAG/USDT-P−0.0112%1h65.527+0.029%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0024%1h65.400−0.165%$5.6M$9.7M25xas long as short
dYdX XAG-USDshort0.0000%1h65.471−0.057%$12K$5K5x
SunX XAG-USDT0.0000%4h65.530+0.034%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.660+0.232%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.590+0.125%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.454−0.083%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.505−0.005%$4.7M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.457−0.077%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.362%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDT+0.0034%4h65.520+0.018%$143.9M$176.7M100xas long as short
Phoenix SILVER+0.0036%1h65.581+0.111%$56K$31K25xas long as short
StandX XAG-USD+0.0040%1h65.580+0.110%$789K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.937+0.655%25xas long as short
QFEX SILVER-USD+0.0050%1h65.490−0.027%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.463−0.069%$170.6M$82.8M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.452−0.085%$3.9M$712K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.533+0.038%$3K$6K20xas long as short
Aster XAGUSDT+0.0058%4h65.510+0.003%$2.7M$955K100xas long as short
Paradex XAG-USD-PERP+0.0060%8h65.504−0.006%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.502−0.009%$1.2M$4.9M20xas long as short
Bybit XAGUSDT+0.0066%4h65.520+0.018%$28.7M$39.4M150xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.562+0.082%$468K$29.2M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h65.553+0.069%$35K$21K20xas long as short
Variational Omni XAG+0.0096%4h65.634+0.192%$5.5M$9.4Mas long as short
Binance XAGUSDT+0.0099%4h65.501−0.011%$188.4M$747.8M100xas long as short
Pacifica XAG+0.0100%1h65.471−0.057%$468K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.460−0.073%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.610+0.156%$112K$19K50xas long as short
MEXC SILVER_USDT+0.0102%4h65.480−0.043%$113.5M$156.3M1000xas long as short
Lighter XAG+0.0104%1h65.516+0.012%$5.4M$11.2M25xas long as short
Aevo XAG-PERP+0.0104%1h65.498−0.015%$47K10xas long as short
Nado XAG-PERP+0.0112%1h65.448−0.092%$1.2M$5.5M10xas long as short
edgeX XAGUSDC+0.0119%4h65.591+0.127%$668K$314K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.590+0.125%$1.6M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0148%4h65.631+0.187%$395K$1.6M25xas long as short
Bullet SILVER-USDlong+0.0164%1h65.508long leg$44K$76K10x
Bitget XAGUSDT+0.0196%4h65.510+0.003%$23.8M$46.3M100xas long as short
OKX XAG-USDT-SWAP+0.0202%8h65.520+0.018%$27.8M$70.5M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0208%1h65.500−0.012%$66K$370K20xas long as short
Aftermath Perps XAGUSD+0.0209%1h65.548+0.061%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0321% / S −0.0301%1h65.515+0.011%$93K111xas long as short
BloFin XAG-USDT+0.0342%4h65.610+0.156%$2.6M$619K100xas long as short
Kraken Futures PF_XAGUSD+0.0491%1h65.563+0.084%$914K$735K25xas long as short