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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against dYdX+0.064%84s7-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 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.064% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XAG-USD65.2530get 0.0000% / 1h18m 06s$12K$5K5x
ShortSoDEX SILVER-USD65.2950.0050get 0.0006% / 1h18m 06s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.5
Price spread: +0.064% → 0.000%
$6.41
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$1.09
Costs to cover
0.180%
Break-even
7.7 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell SoDEX no order-book sample
dYdX and 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 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+0.073%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0080%1h65.240−0.020%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.330+0.118%$35K$21K20xas long as short
dYdX XAG-USDlong0.0000%1h65.253long leg$12K$5K5x
Bybit XAGUSDT0.0000%4h65.380+0.194%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.380+0.194%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.410+0.240%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.210%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.296+0.066%$118K250xas long as short
Gate XAG_USDT+0.0024%4h65.380+0.194%$141.1M$183.2M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAG+0.0028%4h65.404+0.230%$5.5M$9.4Mas long as short
Lighter RH XAG+0.0032%1h65.354+0.154%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.310+0.087%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.757%$11K$94K52xas long as short
Aster XAGUSDT+0.0034%4h65.360+0.164%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.350+0.148%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.766+0.786%25xas long as short
QFEX SILVER-USD+0.0050%1h65.340+0.133%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.337+0.128%$170.3M$83.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.321+0.104%$3.8M$856K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h65.295+0.064%$3K$6K20x
MEXC SILVER_USDT+0.0052%4h65.360+0.164%$116.5M$157.6M1000xas long as short
Binance XAGUSDT+0.0053%4h65.375+0.187%$191.0M$766.3M100xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.337+0.128%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.362+0.167%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.371+0.181%$56K$31K25xas long as short
Aevo XAG-PERP+0.0064%1h65.345+0.141%$47K10xas long as short
edgeX XAGUSDC+0.0073%4h65.369+0.177%$665K$313K30xas long as short
Kalshi KXSILVERPERP+0.0078%24h65.331+0.119%$507K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.301+0.074%$469K$628K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330+0.118%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.360+0.164%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.408+0.237%$385K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.290+0.056%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0133%1h65.307+0.083%$1.2M$5.2M10xas long as short
Lighter XAG+0.0144%1h65.358+0.160%$5.3M$11.5M25xas long as short
Bitget XAGUSDT+0.0170%4h65.370+0.179%$23.7M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0182%8h65.380+0.194%$28.0M$71.0M50xas long as short
Bullet SILVER-USD+0.0182%1h65.364+0.170%$44K$76K10xas long as short
BloFin XAG-USDT+0.0214%4h65.370+0.179%$2.6M$600K100xas long as short
Aftermath Perps XAGUSD+0.0214%1h65.324+0.109%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0272% / S −0.0241%1h65.365+0.171%$93K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.350+0.148%$65K$380K20xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.331+0.119%$915K$746K25xas long as short