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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.047%
Price spread now: Bullet against Extended+0.206%46s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bullet is 0.206% dearer against Extended than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAG-USD65.6200.0032pay 0.0004% / 1h51m 39s$5.1M$11.8M10x
ShortBullet SILVER-USD65.7550.0209get 0.0026% / 1h51m 39s$45K$74K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$37.23
Price spread: +0.206% → 0.000%
$20.6
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
$44.83
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Extended: live order book, 5 min ago; Bullet: 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 Extended live order book, 5 min ago0.23 bp2.7 bp −$35.0 bp −$5010.7 bp −$1,065doesn't fit
Sell Bullet no order-book sample
Bullet: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−1.5176%1h65.532−0.134%$36K$23K20xas long as short
dYdX XAG-USD0.0000%1h65.651+0.047%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.680+0.092%$138.5M$203.9M100xas long as short
SunX XAG-USDT0.0000%4h65.750+0.198%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.790+0.259%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.750+0.198%$1.5M$251K100xas long as short
Ondo Perps XAG-USD.P+0.0002%1h65.580−0.061%$5.7M$11.0M25xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.658+0.058%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.662+0.064%$4.5M$9.4M25xas long as short
Extended XAG-USDlong+0.0032%1h65.620long leg$5.1M$11.8M10x
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h64.602−1.551%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.680+0.092%$790K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.160+0.823%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.692+0.110%$3.8M$894K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.634+0.021%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h65.635+0.023%$174.6M$94.0M25xas long as short
QFEX SILVER-USD+0.0051%1h65.680+0.092%$447K$1.4M20xas long as short
Paradex XAG-USD-PERP+0.0056%8h65.658+0.058%$29K$1665xas long as short
Variational Omni XAG+0.0096%4h65.678+0.089%$5.7M$9.1Mas long as short
Kalshi KXSILVERPERP+0.0099%24h65.716+0.146%$711K$38.6M8.1xas long as short
Pacifica XAG+0.0100%1h65.617−0.004%$467K$570K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.650+0.046%$25.4M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.650+0.046%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.690+0.107%$1.6M$1.9M20xas long as short
Aster XAGUSDT+0.0111%4h65.673+0.081%$2.7M$1.1M100xas long as short
Aevo XAG-PERP+0.0112%1h65.722+0.156%$47K10xas long as short
Binance XAGUSDT+0.0113%4h65.676+0.086%$191.8M$864.6M100xas long as short
MEXC SILVER_USDT+0.0114%4h65.660+0.061%$121.9M$162.8M1000xas long as short
RISEx XAG/USDC+0.0116%1h65.689+0.105%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0122%1h65.676+0.085%$55K$14K25xas long as short
edgeX XAGUSDC+0.0134%4h65.652+0.049%$669K$313K30xas long as short
Bybit XAGUSDT+0.0137%4h65.700+0.122%$30.6M$48.2M150xas long as short
Nado XAG-PERP+0.0141%1h65.672+0.079%$1.2M$3.6M10xas long as short
GRVT XAG_USDT_Perp+0.0146%4h65.726+0.162%$396K$1.5M25xas long as short
Lighter XAG+0.0152%1h65.674+0.082%$5.2M$11.6M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.720+0.153%$77K$411K20xas long as short
Bullet SILVER-USDshort+0.0209%1h65.755+0.206%$45K$74K10x
OKX XAG-USDT-SWAP+0.0213%8h65.700+0.122%$28.0M$85.9M50xas long as short
Aftermath Perps XAGUSD+0.0216%1h65.665+0.068%$79K$37K10xas long as short
Bitget XAGUSDT+0.0244%4h65.690+0.107%$23.2M$52.8M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0269% / S −0.0236%1h65.745+0.191%$93K111xas long as short
Hibachi XAG/USDT-P+0.0272%1h65.658+0.058%$21K$12K10xas long as short
BloFin XAG-USDT+0.0358%4h65.720+0.153%$2.7M$772K100xas long as short
Kraken Futures PF_XAGUSD+0.0547%1h65.712+0.140%$1.0M$943K25xas long as short