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−0.0007%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against edgeX+0.026%83s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.026%, 7d avg −0.052%
Together, before fees−0.066%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.079% dearer against edgeX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC65.3730.0107pay 0.0053% / 4h1h 44m$665K$314K30x
ShortKuCoin XAGUSDTM65.3900.0100get 0.0050% / 4h1h 44m$24.6M$4.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$1.39
Price spread: +0.026% → −0.052%
$7.86
Slippage, 4 orders
−$11.01
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.54
Costs to cover
0.320%
Break-even
never at this rate
Slippage from edgeX: live order book, 65 min ago; KuCoin: 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 edgeX live order book, 65 min ago2.27 bp6.8 bp −$76.8 bp −$689.2 bp −$91921.0 bp −$10.5K
Sell KuCoin live order book, 5 min ago0.76 bp8.5 bp −$916.9 bp −$169doesn't fitdoesn't fit

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−0.0120%1h65.402+0.044%$20K$20K10xas long as short
Hotstuff SILVER-PERP−0.0088%1h65.414+0.063%$35K$21K20xas long as short
Ondo Perps XAG-USD.P−0.0085%1h65.300−0.111%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.404+0.047%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.440+0.103%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.450+0.118%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.420+0.072%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.365−0.012%$118K250xas long as short
Bybit XAGUSDT+0.0024%4h65.440+0.103%$28.4M$39.7M150xas long as short
Gate XAG_USDT+0.0028%4h65.450+0.118%$141.4M$180.7M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.419+0.071%$4.6M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.365−0.011%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.571%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.410+0.057%$787K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.846+0.724%25xas long as short
Aster XAGUSDT+0.0047%4h65.430+0.087%$2.7M$966K100xas long as short
QFEX SILVER-USD+0.0050%1h65.400+0.041%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.400+0.041%$170.4M$83.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.378+0.008%$3.8M$718K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.364−0.014%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.410+0.056%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.424+0.078%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.384+0.017%$56K$31K25xas long as short
Variational Omni XAG+0.0070%4h65.414+0.062%$5.5M$9.4Mas long as short
Kalshi KXSILVERPERP+0.0077%24h65.394+0.032%$491K$30.2M8.1xas long as short
Binance XAGUSDT+0.0081%4h65.425+0.079%$189.8M$762.9M100xas long as short
MEXC SILVER_USDT+0.0082%4h65.420+0.072%$115.3M$157.0M1000xas long as short
Aevo XAG-PERP+0.0088%1h65.408+0.054%$47K10xas long as short
Lighter XAG+0.0088%1h65.424+0.078%$5.4M$11.3M25xas long as short
Pacifica XAG+0.0100%1h65.375+0.003%$467K$627K10xas long as short
KuCoin XAGUSDTMshort+0.0100%4h65.390+0.026%$24.6M$4.8M75x
ApeX Omni XAGUSDT+0.0100%1h65.340−0.050%$112K$19K50xas long as short
Nado XAG-PERP+0.0104%1h65.370−0.005%$1.2M$5.5M10xas long as short
edgeX XAGUSDClong+0.0107%4h65.373long leg$665K$314K30x
GRVT XAG_USDT_Perp+0.0120%4h65.397+0.038%$397K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.380+0.011%$1.6M$1.4M20xas long as short
Bullet SILVER-USD+0.0146%1h65.421+0.074%$43K$77K10xas long as short
Bitget XAGUSDT+0.0186%4h65.440+0.103%$23.8M$46.7M100xas long as short
OKX XAG-USDT-SWAP+0.0191%8h65.430+0.087%$27.8M$71.3M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.410+0.057%$66K$372K20xas long as short
Aftermath Perps XAGUSD+0.0212%1h65.420+0.073%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0320% / S −0.0301%1h65.425+0.080%$93K111xas long as short
BloFin XAG-USDT+0.0322%4h65.470+0.149%$2.6M$616K100xas long as short
Kraken Futures PF_XAGUSD+0.0492%1h65.391+0.028%$916K$746K25xas long as short