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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.036%
Price spread now: Hotstuff against Extended+0.056%7-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 · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.056% dearer against Extended than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAG-USD66.2030.0032pay 0.0004% / 1h32m 52s$5.3M$12.2M10x
ShortHotstuff SILVER-PERP66.2400get 0.0000% / 1h32m 52s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$6.72
Price spread: +0.056% → 0.000%
$5.64
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$11.08
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 1 min ago; Hotstuff: 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, 1 min ago0.08 bp2.6 bp −$34.9 bp −$4912.6 bp −$1,260doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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 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%1h66.218+0.022%$15K5xas long as short
Hotstuff SILVER-PERPshort0.0000%1h66.240+0.056%$35K$21K20x
Gate XAG_USDT0.0000%4h66.290+0.132%$150.3M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h66.260+0.087%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.310+0.162%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.320+0.177%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.207+0.006%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.255+0.080%$4.8M$9.4M25xas long as short
Extended XAG-USDlong+0.0032%1h66.203long leg$5.3M$12.2M10x
Injective XAG/USDC PERP+0.0033%1h66.400+0.298%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.210+0.011%$796K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.706+0.760%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.234+0.047%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.2030.000%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.180−0.034%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.250+0.071%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0064%24h66.212+0.014%$571K$24.5M8.1xas long as short
Phoenix SILVER+0.0084%1h66.122−0.122%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0091%1h66.235+0.049%$165.8M$74.1M25xas long as short
Pacifica XAG+0.0100%1h66.220+0.026%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.230+0.041%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.210+0.011%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0132%8h66.271+0.103%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.280+0.117%$2.7M$892K100xas long as short
Bybit XAGUSDT+0.0163%4h66.300+0.147%$26.9M$36.4M150xas long as short
Aevo XAG-PERP+0.0176%1h66.271+0.103%$48K10xas long as short
Lighter XAG+0.0176%1h66.264+0.093%$5.3M$10.5M25xas long as short
Variational Omni XAG+0.0178%4h66.252+0.075%$5.6M$9.8Mas long as short
RISEx XAG/USDC+0.0181%1h66.270+0.102%$1.3M$4.5M20xas long as short
MEXC SILVER_USDT+0.0188%4h66.270+0.102%$111.1M$152.2M1000xas long as short
Binance XAGUSDT+0.0191%4h66.279+0.116%$191.5M$706.8M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.240+0.056%$1.9M$973K20xas long as short
edgeX XAGUSDC+0.0192%4h66.241+0.058%$672K$315K30xas long as short
BloFin XAG-USDT+0.0204%4h66.260+0.087%$2.6M$553K100xas long as short
OKX XAG-USDT-SWAP+0.0216%8h66.280+0.117%$27.7M$65.8M50xas long as short
Nado XAG-PERP+0.0221%1h66.221+0.028%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0236%1h66.209+0.009%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.270+0.102%$23.8M$45.9M100xas long as short
Hibachi XAG/USDT-P+0.0248%1h66.195−0.012%$20K$22K10xas long as short
GRVT XAG_USDT_Perp+0.0262%4h66.278+0.114%$402K$1.5M25xas long as short
Bullet SILVER-USD+0.0273%1h66.291+0.134%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0347% / S −0.0366%1h66.295+0.139%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0505%1h66.270+0.102%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0550%1h66.251+0.073%$915K$676K25xas long as short