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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0152%/8h= −16.6% APRnext payment $0.19 per $10,000 · paid last 24h −0.044%
Price spread now: StandX against Coinbase International+0.030%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.175%−$18 on $10k
Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.030%, 7d avg +0.009%
Together, before fees−0.198%+ Points / potential airdropStandX: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.021% dearer against Coinbase International than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of +0.009%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX66.3500.0192pay 0.0024% / 1h53m 47s$1.9M$973K20x
ShortStandX XAG-USD66.3700.0040get 0.0005% / 1h53m 47s$798K$2.9M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$31.92
Price spread: +0.030% → +0.009%
$2.11
Slippage, 4 orders
−$8.27
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$56.07
Costs to cover
0.263%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; StandX: live order book, 5 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, 5 min ago0.75 bp6.0 bp −$67.8 bp −$78doesn't fitdoesn't fit
Sell StandX live order book, 5 min ago3.01 bp7.0 bp −$710.0 bp −$10032.3 bp −$3,227doesn't fit

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
dYdX XAG-USD0.0000%1h66.3500.000%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.380+0.045%$152.3M$161.5M100xas long as short
SunX XAG-USDT0.0000%4h66.370+0.030%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.420+0.106%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.370+0.030%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.311−0.059%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.341−0.014%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.299−0.076%$5.3M$12.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.075%$11K$94K52xas long as short
StandX XAG-USDshort+0.0040%1h66.370+0.030%$798K$2.9M40x
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0042%1h66.260−0.136%$5.7M$9.7M25xas long as short
Vest SI-PERP+0.0046%1h66.818+0.705%25xas long as short
Phoenix SILVER+0.0048%1h66.307−0.065%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.347−0.005%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.306−0.066%$3K$6K20xas long as short
QFEX SILVER-USD+0.0062%1h66.360+0.015%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0063%24h66.352+0.003%$544K$24.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.343−0.011%$472K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.320−0.045%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.330−0.030%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0102%1h66.324−0.039%$166.0M$74.7M25xas long as short
Paradex XAG-USD-PERP+0.0141%8h66.391+0.061%$30K$1K5xas long as short
Aster XAGUSDT+0.0142%4h66.368+0.027%$2.7M$943K100xas long as short
Bybit XAGUSDT+0.0149%4h66.380+0.045%$26.7M$36.2M150xas long as short
Lighter XAG+0.0168%1h66.3500.000%$5.3M$10.4M25xas long as short
Aevo XAG-PERP+0.0176%1h66.368+0.027%$48K10xas long as short
Variational Omni XAG+0.0178%4h66.354+0.006%$5.5M$9.8Mas long as short
RISEx XAG/USDC+0.0181%1h66.380+0.045%$1.2M$4.4M20xas long as short
MEXC SILVER_USDT+0.0192%4h66.360+0.015%$111.6M$151.6M1000xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0192%1h66.350long leg$1.9M$973K20x
Binance XAGUSDT+0.0194%4h66.366+0.024%$192.3M$706.9M100xas long as short
edgeX XAGUSDC+0.0207%4h66.410+0.090%$674K$313K30xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.360+0.015%$27.9M$65.7M50xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.309−0.061%$20K$22K10xas long as short
Aftermath Perps XAGUSD+0.0233%1h66.334−0.024%$80K$38K10xas long as short
Nado XAG-PERP+0.0247%1h66.313−0.056%$1.3M$6.6M10xas long as short
Bitget XAGUSDT+0.0256%4h66.370+0.030%$23.9M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0282%4h66.410+0.090%$399K$1.5M25xas long as short
Bullet SILVER-USD+0.0286%1h66.381+0.047%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0329% / S −0.0339%1h66.385+0.053%$103K111xas long as short
Hotstuff SILVER-PERP+0.0344%1h66.376+0.039%$35K$21K20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.370+0.030%$50K$326K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.336−0.021%$765K$478K25xas long as short