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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.037%
Price spread now: gTrade (Gains Network) against edgeX−0.133%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2842.836% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.133%, 7d avg −0.094%
Together, before fees+0.119%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.039% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.094%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC65.3780.0042pay 0.0021% / 4h36m 56s$665K$313K30x
ShortgTrade (Gains Network) XAG/USD65.291L +0.0004% / S −0.0006%get 0.0001% / 1h36m 56s$118K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$7.64
Price spread: −0.133% → −0.094%
−$3.89
Slippage, 4 orders
−$264.6
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$295.12
Costs to cover
2.836%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 32 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, 2 min ago2.30 bp6.8 bp −$76.8 bp −$689.2 bp −$92421.2 bp −$10.6K
Sell gTrade (Gains Network) virtual book (oracle venue), 32 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2012.7 bp −$1.01M

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
Ondo Perps XAG-USD.P−0.0041%1h65.240−0.210%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.297−0.123%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.390+0.019%$27.8M$39.3M150xas long as short
SunX XAG-USDT0.0000%4h65.340−0.058%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.390+0.019%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.370−0.012%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDshortL +0.0004% / S −0.0006%1h65.291−0.133%$118K250x
Variational Omni XAG+0.0008%4h65.432+0.084%$5.5M$9.1Mas long as short
Aster XAGUSDT+0.0023%4h65.360−0.027%$2.7M$928K100xas long as short
Binance XAGUSDT+0.0030%4h65.376−0.002%$191.9M$754.0M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SILVER_USDT+0.0030%4h65.380+0.004%$118.8M$157.3M1000xas long as short
Lighter RH XAG+0.0032%1h65.366−0.017%$4.6M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.322−0.085%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.564%$11K$94K52xas long as short
Gate XAG_USDT+0.0034%4h65.390+0.019%$140.9M$178.1M100xas long as short
StandX XAG-USD+0.0040%1h65.360−0.027%$786K$2.9M40xas long as short
edgeX XAGUSDClong+0.0042%4h65.378long leg$665K$313K30x
QFEX SILVER-USD+0.0044%1h65.350−0.042%$157K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.772+0.603%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.327−0.077%$35K$21K20xas long as short
Aevo XAG-PERP+0.0048%1h65.340−0.058%$47K10xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.338−0.061%$169.8M$81.5M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.323−0.084%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.301−0.117%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0052%8h65.337−0.062%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.297−0.123%$56K$31K25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.329−0.074%$531K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.370−0.012%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.303−0.115%$465K$611K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330−0.073%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.390+0.019%$112K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.358−0.030%$1.2M$4.8M20xas long as short
BloFin XAG-USDT+0.0119%4h65.380+0.004%$2.7M$575K100xas long as short
GRVT XAG_USDT_Perp+0.0128%4h65.357−0.032%$384K$1.6M25xas long as short
Bitget XAGUSDT+0.0156%4h65.370−0.012%$23.2M$44.8M100xas long as short
Lighter XAG+0.0160%1h65.372−0.009%$5.3M$11.1M25xas long as short
Nado XAG-PERP+0.0164%1h65.320−0.089%$1.2M$4.7M10xas long as short
OKX XAG-USDT-SWAP+0.0168%8h65.370−0.012%$28.2M$70.0M50xas long as short
Hibachi XAG/USDT-P+0.0176%1h65.313−0.098%$20K$17K10xas long as short
Aftermath Perps XAGUSD+0.0186%1h65.325−0.080%$79K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.350−0.042%$65K$389K20xas long as short
Bullet SILVER-USD+0.0223%1h65.360−0.027%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.345−0.050%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.320−0.088%$1.0M$868K25xas long as short