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

XAG

RWAall XAG markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%
Price spread now: ApeX Omni against Coinbase International+0.201%75s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.555% of the position
Long on Coinbase InternationalShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)−0.412%−$41 · spread now +0.201%, 7d avg +0.014%
Together, before fees−0.458%−$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.187% dearer against Coinbase International than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX64.6800.0080pay 0.0010% / 1h27m 51s$1.6M$1.5M20x
ShortApeX Omni XAGUSDT64.8100.0100get 0.0013% / 1h27m 51s$111K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
$4.2
Price spread: +0.201% → +0.014%
$18.73
Slippage, 4 orders
−$35.53
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$32.6
Costs to cover
0.555%
Break-even
61.3 days
Slippage from Coinbase International: live order book, 1 min ago; ApeX Omni: 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 Coinbase International live order book, 1 min ago2.32 bp7.3 bp −$78.3 bp −$83doesn't fitdoesn't fit
Sell ApeX Omni live order book, 3 min ago6.95 bp21.7 bp −$2270.0 bp −$700doesn'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%1h64.734+0.084%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h64.780+0.155%$139.2M$185.5M100xas long as short
SunX XAG-USDT0.0000%4h64.740+0.093%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.780+0.155%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.780+0.155%$1.5M$337K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.663−0.026%$117K—250xas long as short
Variational Omni XAG+0.0017%4h64.834+0.239%$5.3M$9.1M—as long as short
Lighter RH XAG+0.0032%1h64.755+0.116%$4.5M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h64.692+0.019%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.659%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.760+0.124%$779K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.162+0.745%——25xas long as short
QFEX SILVER-USD+0.0047%1h64.700+0.031%$447K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.630−0.077%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.666−0.022%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.640−0.062%$5.6M$9.9M25xas long as short
MEXC SILVER_USDT+0.0056%4h64.760+0.124%$121.3M$158.9M1000xas long as short
edgeX XAGUSDC+0.0058%4h64.839+0.246%$660K$315K30xas long as short
Binance XAGUSDT+0.0058%4h64.760+0.124%$196.3M$780.9M100xas long as short
Paradex XAG-USD-PERP+0.0062%8h64.728+0.075%$29K$1665xas long as short
Aevo XAG-PERP+0.0072%1h64.719+0.060%$46K—10xas long as short
Aster XAGUSDT+0.0077%4h64.767+0.135%$2.6M$1.0M100xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0080%1h64.680long leg$1.6M$1.5M20x
Kalshi KXSILVERPERP+0.0085%24h64.711+0.048%$484K$34.6M8.1xas long as short
Pacifica XAG+0.0100%1h64.6800.000%$461K$591K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.700+0.031%$25.0M$4.6M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h64.810+0.201%$111K$19K50x
Phoenix SILVER+0.0111%1h64.908+0.353%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0128%1h64.717+0.057%$172.6M$88.6M25xas long as short
RISEx XAG/USDC+0.0158%1h64.730+0.077%$1.2M$4.9M20xas long as short
GRVT XAG_USDT_Perp+0.0160%4h64.830+0.232%$386K$1.6M25xas long as short
Nado XAG-PERP+0.0161%1h64.684+0.005%$1.2M$4.2M10xas long as short
OKX XAG-USDT-SWAP+0.0194%8h64.770+0.139%$28.7M$74.5M50xas long as short
Bitget XAGUSDT+0.0196%4h64.770+0.139%$23.4M$47.1M100xas long as short
Bybit XAGUSDT+0.0204%4h64.790+0.170%$29.7M$43.1M150xas long as short
Aftermath Perps XAGUSD+0.0221%1h64.788+0.167%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.734+0.084%$5.2M$11.1M25xas long as short
BloFin XAG-USDT+0.0231%4h64.840+0.247%$2.7M$667K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h64.735+0.085%$92K—111xas long as short
Bullet SILVER-USD+0.0296%1h64.745+0.101%$45K$75K10xas long as short
Hotstuff SILVER-PERP+0.0304%1h64.747+0.104%$34K$21K20xas long as short
Hibachi XAG/USDT-P+0.0360%1h64.725+0.070%$20K$15K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0368%1h64.720+0.062%$76K$432K20xas long as short
Kraken Futures PF_XAGUSD+0.0421%1h64.701+0.032%$1.0M$892K25xas long as short