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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h +0.017%
Price spread now: edgeX against Extended+0.196%53s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$190.192% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.196%, 7d avg +0.043%
Together, before fees−0.121%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.153% dearer against Extended than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.043%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAG-USD64.7280.0032pay 0.0004% / 1h30m 39s$5.0M$12.1M10x
ShortedgeX XAGUSDC64.8550.0068get 0.0034% / 4h3h 30m$661K$314K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$7.61
Price spread: +0.196% → +0.043%
$15.34
Slippage, 4 orders
−$5.15
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$3.79
Costs to cover
0.192%
Break-even
3.5 days
Slippage from Extended: live order book, 3 min ago; edgeX: live order book, 3 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, 3 min ago0.08 bp2.6 bp −$34.6 bp −$4610.6 bp −$1,065doesn't fit
Sell edgeX live order book, 3 min ago2.31 bp6.8 bp −$76.8 bp −$687.7 bp −$76815.7 bp −$7,861

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%1h64.799+0.110%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h64.800+0.112%$139.1M$184.5M100xas long as short
SunX XAG-USDT0.0000%4h64.850+0.189%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.900+0.266%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.880+0.236%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.770+0.066%$117K250xas long as short
Variational Omni XAG+0.0017%4h64.834+0.165%$5.3M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.787+0.092%$4.5M$9.8M25xas long as short
Extended XAG-USDlong+0.0032%1h64.728long leg$5.0M$12.1M10x
Injective XAG/USDC PERP+0.0033%1h66.400+2.584%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.880+0.236%$780K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.260+0.823%25xas long as short
QFEX SILVER-USD+0.0047%1h64.780+0.081%$446K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.778+0.078%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.768+0.063%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.690−0.058%$5.6M$9.9M25xas long as short
MEXC SILVER_USDT+0.0056%4h64.780+0.081%$120.7M$158.6M1000xas long as short
Binance XAGUSDT+0.0056%4h64.750+0.035%$196.5M$778.3M100xas long as short
Paradex XAG-USD-PERP+0.0061%8h64.767+0.060%$29K$1665xas long as short
edgeX XAGUSDCshort+0.0068%4h64.855+0.196%$661K$314K30x
Aevo XAG-PERP+0.0072%1h64.824+0.149%$47K10xas long as short
Aster XAGUSDT+0.0075%4h64.770+0.066%$2.6M$1.0M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.810+0.127%$1.6M$1.5M20xas long as short
Kalshi KXSILVERPERP+0.0085%24h64.828+0.155%$484K$34.5M8.1xas long as short
Pacifica XAG+0.0100%1h64.734+0.009%$462K$592K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.770+0.066%$25.1M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.800+0.112%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h64.908+0.279%$55K$31K25xas long as short
Hotstuff SILVER-PERP+0.0128%1h64.767+0.061%$34K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0133%1h64.759+0.049%$173.4M$87.6M25xas long as short
GRVT XAG_USDT_Perp+0.0152%4h64.934+0.320%$390K$1.5M25xas long as short
RISEx XAG/USDC+0.0158%1h64.780+0.082%$1.2M$4.9M20xas long as short
Nado XAG-PERP+0.0159%1h64.795+0.105%$1.2M$4.2M10xas long as short
OKX XAG-USDT-SWAP+0.0192%8h64.760+0.050%$28.8M$73.7M50xas long as short
Bitget XAGUSDT+0.0194%4h64.790+0.097%$23.2M$46.6M100xas long as short
Bybit XAGUSDT+0.0199%4h64.770+0.066%$29.3M$42.7M150xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0213%1h64.810+0.127%$76K$430K20xas long as short
Aftermath Perps XAGUSD+0.0219%1h64.840+0.173%$78K$37K10xas long as short
BloFin XAG-USDT+0.0227%4h64.860+0.205%$2.7M$654K100xas long as short
Lighter XAG+0.0232%1h64.779+0.080%$5.2M$11.0M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h64.845+0.182%$92K111xas long as short
Bullet SILVER-USD+0.0300%1h64.859+0.203%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0360%1h64.820+0.143%$20K$15K10xas long as short
Kraken Futures PF_XAGUSD+0.0420%1h64.811+0.130%$1.0M$890K25xas long as short