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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Hotstuff against dYdX+0.103%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hotstuff is 0.103% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XAG-USD66.0860get 0.0000% / 1h23m 24s$15K5x
ShortHotstuff SILVER-PERP66.1540.0056get 0.0007% / 1h23m 24s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against dYdX. 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
$11.76
Price spread: +0.103% → 0.000%
$10.26
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$7.02
Costs to cover
0.150%
Break-even
2.8 days
Slippage unknown: dYdX: no order-book sample; Hotstuff: 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 dYdX no order-book sample
Sell Hotstuff no order-book sample
dYdX and Hotstuff: 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
dYdX XAG-USDlong0.0000%1h66.086long leg$15K5x
Gate XAG_USDT0.0000%4h66.220+0.202%$150.3M$163.4M100xas long as short
SunX XAG-USDT0.0000%4h66.200+0.172%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.220+0.202%$1.0M$971K75xas long as short
Phemex XAGUSDT0.0000%4h66.200+0.172%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.129+0.064%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.186+0.151%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.131+0.068%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.475%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.180+0.142%$796K$3.1M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.641+0.840%25xas long as short
Ondo Perps XAG-USD.P+0.0048%1h66.060−0.040%$5.7M$9.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.172+0.130%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.127+0.062%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.170+0.127%$115K$2.7M20xas long as short
Hotstuff SILVER-PERPshort+0.0056%1h66.154+0.103%$35K$21K20x
Phoenix SILVER+0.0060%1h66.141+0.083%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0070%24h66.141+0.083%$525K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.141+0.083%$471K$622K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.170+0.127%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.130+0.066%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0123%1h66.168+0.124%$165.7M$73.9M25xas long as short
RISEx XAG/USDC+0.0137%1h66.199+0.170%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.180+0.142%$2.7M$877K100xas long as short
Paradex XAG-USD-PERP+0.0145%8h66.190+0.157%$30K$1K5xas long as short
Bybit XAGUSDT+0.0166%4h66.210+0.187%$27.0M$36.2M150xas long as short
Lighter XAG+0.0184%1h66.190+0.157%$5.2M$10.6M25xas long as short
Aevo XAG-PERP+0.0192%1h66.186+0.150%$48K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.170+0.127%$1.8M$1.0M20xas long as short
Nado XAG-PERP+0.0200%1h66.151+0.098%$1.3M$6.4M10xas long as short
Variational Omni XAG+0.0208%4h66.193+0.161%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0212%4h66.200+0.172%$110.0M$152.7M1000xas long as short
Binance XAGUSDT+0.0213%4h66.193+0.161%$192.9M$701.0M100xas long as short
Aftermath Perps XAGUSD+0.0218%1h66.138+0.078%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0232%8h66.200+0.172%$27.8M$65.4M50xas long as short
edgeX XAGUSDC+0.0234%4h66.167+0.122%$671K$311K30xas long as short
BloFin XAG-USDT+0.0254%4h66.170+0.127%$2.6M$554K100xas long as short
Bitget XAGUSDT+0.0258%4h66.200+0.172%$23.8M$45.5M100xas long as short
GRVT XAG_USDT_Perp+0.0280%4h66.200+0.172%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0292%1h66.205+0.180%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.180+0.142%$62K$348K20xas long as short
Hibachi XAG/USDT-P+0.0368%1h66.140+0.081%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0382% / S −0.0421%1h66.195+0.165%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0484%1h66.166+0.121%$913K$678K25xas long as short