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−0.0132%/8h= −14.4% APRnext payment $0.16 per $10,000 · paid last 24h −0.050%
Price spread now: SoDEX against Bullet−0.106%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 −$4 a day on $10k at the current rate, and SoDEX is 0.106% cheaper against Bullet than usual: you would sell low and buy high (−$11 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-USD65.3640.0182pay 0.0023% / 1h18m 01s$44K$76K10x
ShortSoDEX SILVER-USD65.2950.0050get 0.0006% / 1h18m 01s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$27.67
Price spread: −0.106% → 0.000%
−$10.57
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$54.24
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Bullet and SoDEX: 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−0.0144%1h65.301−0.097%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0080%1h65.240−0.190%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.330−0.052%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.253−0.170%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.380+0.024%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.380+0.024%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.410+0.070%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.040%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.296−0.104%$118K250xas long as short
Gate XAG_USDT+0.0024%4h65.380+0.024%$141.1M$183.2M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAG+0.0028%4h65.404+0.060%$5.5M$9.4Mas long as short
Lighter RH XAG+0.0032%1h65.354−0.015%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.310−0.083%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.585%$11K$94K52xas long as short
Aster XAGUSDT+0.0034%4h65.360−0.006%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.350−0.022%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.766+0.615%25xas long as short
QFEX SILVER-USD+0.0050%1h65.340−0.037%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.337−0.041%$170.3M$83.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.321−0.066%$3.8M$856K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h65.295−0.106%$3K$6K20x
MEXC SILVER_USDT+0.0052%4h65.360−0.006%$116.5M$157.6M1000xas long as short
Binance XAGUSDT+0.0053%4h65.375+0.017%$191.0M$766.3M100xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.337−0.042%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.362−0.003%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.371+0.011%$56K$31K25xas long as short
Aevo XAG-PERP+0.0064%1h65.345−0.029%$47K10xas long as short
edgeX XAGUSDC+0.0073%4h65.369+0.008%$665K$313K30xas long as short
Kalshi KXSILVERPERP+0.0078%24h65.331−0.051%$507K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.301−0.096%$469K$628K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330−0.052%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.360−0.006%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.408+0.067%$385K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.290−0.113%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0133%1h65.307−0.087%$1.2M$5.2M10xas long as short
Lighter XAG+0.0144%1h65.358−0.010%$5.3M$11.5M25xas long as short
Bitget XAGUSDT+0.0170%4h65.370+0.009%$23.7M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0182%8h65.380+0.024%$28.0M$71.0M50xas long as short
Bullet SILVER-USDlong+0.0182%1h65.364long leg$44K$76K10x
BloFin XAG-USDT+0.0214%4h65.370+0.009%$2.6M$600K100xas long as short
Aftermath Perps XAGUSD+0.0214%1h65.324−0.061%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0272% / S −0.0241%1h65.365+0.001%$93K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.350−0.022%$65K$380K20xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.331−0.051%$915K$746K25xas long as short