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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.042%
Price spread now: SoDEX against Coinbase International−0.074%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 −$2 a day on $10k at the current rate, and SoDEX is 0.074% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX66.1800.0104pay 0.0013% / 1h48m 01s$1.9M$886K20x
ShortSoDEX SILVER-USD66.1310.0050get 0.0006% / 1h48m 01s$4K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$11.34
Price spread: −0.074% → 0.000%
−$7.4
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$36.74
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; 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 Coinbase International live order book, 1 min ago3.02 bp8.0 bp −$88.7 bp −$87doesn't fitdoesn't fit
Sell SoDEX no order-book sample
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 43 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
Kraken Futures PF_XAGUSD−0.0272%1h66.168−0.018%$777K$591K25xas long as short
Hotstuff SILVER-PERP−0.0032%1h66.165−0.023%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h66.121−0.089%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.200+0.030%$25.5M$34.1M150xas long as short
RISEx XAG/USDC0.0000%1h66.210+0.045%$1.3M$4.2M20xas long as short
Gate XAG_USDT0.0000%4h66.1800.000%$146.4M$171.4M100xas long as short
SunX XAG-USDT0.0000%4h66.190+0.015%$2K$3.3M20xas long as short
HTX XAG-USDT0.0000%4h66.220+0.060%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.210+0.045%$1.5M$247K100xas long as short
Bitget XAGUSDT+0.0002%4h66.200+0.030%$23.7M$48.7M100xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.131−0.075%$120K10xas long as short
Aster XAGUSDT+0.0006%4h66.190+0.015%$2.8M$1.1M100xas long as short
GRVT XAG_USDT_Perp+0.0008%4h66.209+0.044%$395K$1.6M25xas long as short
QFEX SILVER-USD+0.0016%1h66.190+0.015%$144K$2.8M20xas long as short
Variational Omni XAG+0.0031%4h66.189+0.014%$5.4M$10.7Mas long as short
Lighter XAG+0.0032%1h66.172−0.011%$5.2M$10.7M25xas long as short
Lighter RH XAG+0.0032%1h66.163−0.025%$4.5M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.135−0.067%$5.5M$14.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.332%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0040%4h66.190+0.015%$116.5M$181.1M1000xas long as short
StandX XAG-USD+0.0040%1h66.160−0.030%$792K$2.8M40xas long as short
Binance XAGUSDT+0.0042%4h66.200+0.030%$189.3M$761.0M100xas long as short
Vest SI-PERP+0.0046%1h66.639+0.694%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.148−0.048%$164.0M$91.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.165−0.023%$3.9M$715K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.131−0.074%$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.120−0.091%$5.6M$9.9M25xas long as short
Kalshi KXSILVERPERP+0.0054%24h66.149−0.047%$589K$21.6M8.1xas long as short
Aevo XAG-PERP+0.0056%1h66.188+0.012%$48K10xas long as short
edgeX XAGUSDC+0.0056%4h66.191+0.016%$671K$315K30xas long as short
BloFin XAG-USDT+0.0068%4h66.1800.000%$2.5M$1.2M100xas long as short
Phoenix SILVER+0.0073%1h66.124−0.085%$56K$26K25xas long as short
Aftermath Perps XAGUSD+0.0075%1h66.151−0.044%$80K$40K10xas long as short
Paradex XAG-USD-PERP+0.0090%8h66.193+0.019%$30K$1K5xas long as short
Pacifica XAG+0.0100%1h66.154−0.039%$474K$641K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.160−0.030%$24.3M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.110−0.106%$113K$77K50xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0104%1h66.180long leg$1.9M$886K20x
OKX XAG-USDT-SWAP+0.0140%8h66.210+0.045%$27.2M$67.6M50xas long as short
Nado XAG-PERP+0.0146%1h66.149−0.047%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0168%1h66.205+0.038%$45K$74K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0360% / S −0.0369%1h66.195+0.023%$103K29xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0808%1h66.210+0.045%$60K$357K20xas long as short