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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0165%/8h= −18.1% APRpaid last 24h −0.016%
Price spread now: Extended against edgeX+0.010%73s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.010%, 7d avg −0.039%
Together, before fees−0.138%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.049% dearer against edgeX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.039%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 24 hours. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC66.3350.0197pay 0.0099% / 4h1h 58m$673K$315K30x
ShortExtended XAG-USD66.3410.0032get 0.0004% / 1h58m 17s$5.3M$12.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
−$34.66
Price spread: +0.010% → −0.039%
$4.87
Slippage, 4 orders
−$4.82
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$48.61
Costs to cover
0.188%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Extended: live order book, 6 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 edgeX live order book, 5 min ago2.26 bp6.8 bp −$76.8 bp −$689.2 bp −$91721.2 bp −$10.6K
Sell Extended live order book, 6 min ago0.08 bp2.7 bp −$33.9 bp −$3910.0 bp −$996doesn'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%1h66.300−0.053%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.420+0.129%$152.2M$161.2M100xas long as short
SunX XAG-USDT0.0000%4h66.410+0.113%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.440+0.159%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.420+0.129%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.341+0.009%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.406+0.107%$4.8M$9.4M25xas long as short
Extended XAG-USDshort+0.0032%1h66.341+0.010%$5.3M$12.2M10x
Injective XAG/USDC PERP+0.0033%1h66.400+0.098%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.380+0.068%$799K$2.9M40xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.828+0.744%25xas long as short
Phoenix SILVER+0.0048%1h66.315−0.030%$56K$25K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.392+0.086%$3.9M$673K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.346+0.017%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.280−0.083%$5.7M$9.7M25xas long as short
QFEX SILVER-USD+0.0062%1h66.410+0.113%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0063%24h66.330−0.007%$540K$24.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.343+0.012%$472K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.390+0.083%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.280−0.083%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0136%1h66.371+0.055%$166.1M$75.7M25xas long as short
Aster XAGUSDT+0.0141%4h66.415+0.122%$2.8M$941K100xas long as short
Paradex XAG-USD-PERP+0.0141%8h66.375+0.061%$30K$1K5xas long as short
Bybit XAGUSDT+0.0152%4h66.420+0.129%$26.7M$36.4M150xas long as short
Lighter XAG+0.0152%1h66.412+0.116%$5.3M$10.4M25xas long as short
Variational Omni XAG+0.0176%4h66.333−0.002%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0176%1h66.405+0.106%$48K10xas long as short
RISEx XAG/USDC+0.0181%1h66.414+0.119%$1.3M$4.4M20xas long as short
MEXC SILVER_USDT+0.0190%4h66.420+0.129%$111.7M$151.6M1000xas long as short
Binance XAGUSDT+0.0191%4h66.420+0.129%$192.4M$707.2M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.320−0.022%$1.9M$971K20xas long as short
edgeX XAGUSDClong+0.0197%4h66.335long leg$673K$315K30x
OKX XAG-USDT-SWAP+0.0217%8h66.410+0.113%$27.9M$65.8M50xas long as short
Hotstuff SILVER-PERP+0.0224%1h66.317−0.027%$35K$21K20xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.292−0.064%$20K$22K10xas long as short
Aftermath Perps XAGUSD+0.0235%1h66.312−0.034%$80K$38K10xas long as short
Bitget XAGUSDT+0.0254%4h66.420+0.129%$23.9M$46.1M100xas long as short
Nado XAG-PERP+0.0263%1h66.347+0.019%$1.3M$6.6M10xas long as short
GRVT XAG_USDT_Perp+0.0274%4h66.382+0.071%$399K$1.5M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0328% / S −0.0337%1h66.415+0.121%$103K111xas long as short
Bullet SILVER-USD+0.0340%1h66.424+0.135%$46K$75K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.400+0.098%$50K$326K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.383+0.073%$765K$478K25xas long as short