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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: ApeX Omni against Extended−0.053%112s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 3 days (all we have)+0.155%+$16 · spread now −0.053%, 7d avg +0.031%
Together, before fees+0.255%+ Points / potential airdropExtended: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.083% cheaper against Extended than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.031%). If the spread goes back, that is −$8 on $10k: about 4.1 days of funding at the current rate (+$2 a day). The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAG-USD66.4850.0032pay 0.0004% / 1h19m 43s$5.5M$12.2M10x
ShortApeX Omni XAGUSDT66.4500.0100get 0.0013% / 1h19m 43s$126K$26K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
$14.28
Price spread: −0.053% → +0.031%
−$8.34
Slippage, 4 orders
−$27.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$36.46
Costs to cover
0.424%
Break-even
24.9 days
Slippage from Extended: live order book, 4 min ago; ApeX Omni: live order book, 56 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 Extended live order book, 4 min ago0.08 bp2.6 bp −$34.6 bp −$4613.1 bp −$1,312doesn't fit
Sell ApeX Omni live order book, 56 min ago3.78 bp20.1 bp −$2052.6 bp −$526doesn'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
dYdX XAG-USD0.0000%1h66.484−0.002%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.570+0.128%$26.2M$34.5M150xas long as short
Gate XAG_USDT0.0000%4h66.560+0.113%$154.5M$173.7M100xas long as short
SunX XAG-USDT0.0000%4h66.530+0.068%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.560+0.113%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.530+0.068%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.468−0.025%$120K250xas long as short
Hotstuff SILVER-PERP+0.0008%1h66.491+0.009%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.535+0.075%$4.8M$9.6M25xas long as short
Extended XAG-USDlong+0.0032%1h66.485long leg$5.5M$12.2M10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.128%$11K$94K52xas long as short
Phoenix SILVER+0.0036%1h66.4850.000%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.480−0.008%$796K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.966+0.723%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.490+0.008%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.461−0.036%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.470−0.023%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.488+0.005%$581K$21.4M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.510+0.038%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0072%1h66.512+0.041%$165.8M$86.9M25xas long as short
BloFin XAG-USDT+0.0080%4h66.510+0.038%$2.6M$651K100xas long as short
Pacifica XAG+0.0100%1h66.494+0.014%$481K$618K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.500+0.023%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h66.450−0.053%$126K$26K50x
Variational Omni XAG+0.0106%4h66.526+0.062%$5.6M$10.1Mas long as short
Paradex XAG-USD-PERP+0.0108%8h66.538+0.079%$30K$1K5xas long as short
Aster XAGUSDT+0.0112%4h66.543+0.087%$2.8M$1.1M100xas long as short
Lighter XAG+0.0120%1h66.539+0.082%$5.2M$10.4M25xas long as short
Aevo XAG-PERP+0.0120%1h66.525+0.060%$48K10xas long as short
edgeX XAGUSDC+0.0122%4h66.478−0.011%$674K$314K30xas long as short
MEXC SILVER_USDT+0.0122%4h66.540+0.083%$115.1M$153.2M1000xas long as short
Binance XAGUSDT+0.0123%4h66.550+0.097%$192.6M$723.4M100xas long as short
Bitget XAGUSDT+0.0150%4h66.550+0.098%$24.4M$48.2M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.410−0.113%$1.9M$848K20xas long as short
Aftermath Perps XAGUSD+0.0167%1h66.453−0.048%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0178%4h66.490+0.007%$390K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0196%8h66.550+0.098%$27.9M$66.6M50xas long as short
RISEx XAG/USDC+0.0208%1h66.557+0.108%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0255%1h66.528+0.065%$45K$76K10xas long as short
Nado XAG-PERP+0.0257%1h66.489+0.005%$1.3M$6.6M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.535+0.075%$103K111xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.484−0.002%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0502%1h66.530+0.068%$50K$351K20xas long as short
Kraken Futures PF_XAGUSD+0.0595%1h66.494+0.014%$762K$586K25xas long as short