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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0059%/8h= −6.5% APRnext payment $0.07 per $10,000 · paid last 24h −0.034%
Price spread now: RISEx against Coinbase International+0.150%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.063%−$6 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.150%, 7d avg +0.036%
Together, before fees−0.194%−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.114% dearer against Coinbase International than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of +0.036%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX65.2900.0120pay 0.0015% / 1h16m 49s$1.6M$1.4M20x
ShortRISEx XAG/USDC65.3880.0061get 0.0008% / 1h16m 49s$1.2M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$12.45
Price spread: +0.150% → +0.036%
$11.36
Slippage, 4 orders
−$4.65
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$21.74
Costs to cover
0.207%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago0.77 bp6.0 bp −$68.9 bp −$89doesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago0.73 bp3.7 bp −$45.2 bp −$52doesn'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
Hibachi XAG/USDT-P−0.0144%1h65.301+0.017%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0079%1h65.270−0.031%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.343+0.081%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.306+0.024%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.380+0.138%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.400+0.168%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.420+0.199%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.400+0.168%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.311+0.032%$118K250xas long as short
Gate XAG_USDT+0.0026%4h65.400+0.168%$141.3M$183.6M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAG+0.0028%4h65.404+0.174%$5.5M$9.4Mas long as short
Lighter RH XAG+0.0032%1h65.385+0.146%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.318+0.043%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.700%$11K$94K52xas long as short
Aster XAGUSDT+0.0034%4h65.377+0.133%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.350+0.092%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.782+0.754%25xas long as short
QFEX SILVER-USD+0.0050%1h65.370+0.123%$152K$2.8M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.339+0.075%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.308+0.028%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.331+0.063%$170.3M$83.6M25xas long as short
MEXC SILVER_USDT+0.0052%4h65.370+0.123%$116.6M$157.6M1000xas long as short
Binance XAGUSDT+0.0054%4h65.378+0.135%$191.0M$766.5M100xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.373+0.127%$29K$1K5xas long as short
edgeX XAGUSDC+0.0058%4h65.339+0.074%$665K$314K30xas long as short
RISEx XAG/USDCshort+0.0061%1h65.388+0.150%$1.2M$4.9M20x
Phoenix SILVER+0.0061%1h65.371+0.124%$56K$31K25xas long as short
Aevo XAG-PERP+0.0064%1h65.366+0.116%$47K10xas long as short
Kalshi KXSILVERPERP+0.0078%24h65.343+0.081%$493K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.325+0.054%$469K$628K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.350+0.092%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.360+0.107%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0118%4h65.365+0.116%$391K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0120%1h65.290long leg$1.6M$1.4M20x
Nado XAG-PERP+0.0134%1h65.346+0.086%$1.2M$5.2M10xas long as short
Lighter XAG+0.0152%1h65.368+0.119%$5.3M$11.5M25xas long as short
Bitget XAGUSDT+0.0170%4h65.390+0.153%$23.8M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0182%8h65.380+0.138%$28.0M$71.0M50xas long as short
Bullet SILVER-USD+0.0184%1h65.379+0.137%$44K$76K10xas long as short
Aftermath Perps XAGUSD+0.0211%1h65.337+0.072%$79K$37K10xas long as short
BloFin XAG-USDT+0.0215%4h65.390+0.153%$2.6M$601K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0272% / S −0.0241%1h65.375+0.130%$93K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.360+0.107%$65K$380K20xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.352+0.095%$916K$746K25xas long as short