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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: SunX against gTrade (Gains Network)+0.133%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$333as in the Price arb table
costs, in and out, $10k−$3373.367% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.023%+$2 · spread now +0.133%, 7d avg +0.099%
Together, before fees+0.021%+$2 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: SunX is 0.034% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAG/USD66.392L +0.0004% / S −0.0006%pay 0.0000% / 1h40m 30s$120K250x
ShortSunX XAG-USDT66.4800get 0.0000% / 4h40m 30s$2K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against gTrade (Gains Network). 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
−$0.78
Price spread: +0.133% → +0.099%
$3.37
Slippage, 4 orders
−$318.7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$334.11
Costs to cover
3.367%
Break-even
never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; SunX: live order book, 7 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350579.9 bp −$58.0K2587.5 bp −$1.29M
Sell SunX live order book, 7 min ago29.34 bp33.3 bp −$3363.0 bp −$630doesn'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%1h66.370−0.034%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.480+0.133%$25.7M$33.5M150xas long as short
Gate XAG_USDT0.0000%4h66.460+0.103%$147.2M$170.1M100xas long as short
SunX XAG-USDTshort0.0000%4h66.480+0.133%$2K$3.1M20x
HTX XAG-USDT0.0000%4h66.500+0.163%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.490+0.148%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDlongL +0.0004% / S −0.0006%1h66.392long leg$120K250x
Lighter RH XAG+0.0032%1h66.463+0.108%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.405+0.020%$5.5M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.012%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.418+0.039%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.410+0.027%$795K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.898+0.762%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.426+0.052%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.402+0.015%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.360−0.048%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.420+0.042%$590K$21.2M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.460+0.103%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.400+0.012%$165.5M$87.6M25xas long as short
Hotstuff SILVER-PERP+0.0080%1h66.435+0.065%$35K$21K20xas long as short
BloFin XAG-USDT+0.0082%4h66.460+0.103%$2.6M$650K100xas long as short
Variational Omni XAG+0.0088%4h66.467+0.113%$5.6M$10.3Mas long as short
Aster XAGUSDT+0.0092%4h66.474+0.124%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.414+0.034%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.420+0.042%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.370−0.033%$126K$26K50xas long as short
MEXC SILVER_USDT+0.0102%4h66.450+0.088%$114.5M$152.9M1000xas long as short
Paradex XAG-USD-PERP+0.0102%8h66.451+0.089%$30K$1K5xas long as short
Binance XAGUSDT+0.0103%4h66.470+0.118%$191.9M$721.4M100xas long as short
Aevo XAG-PERP+0.0104%1h66.460+0.103%$48K10xas long as short
edgeX XAGUSDC+0.0110%4h66.443+0.077%$674K$316K30xas long as short
Lighter XAG+0.0112%1h66.463+0.107%$5.2M$10.3M25xas long as short
Bitget XAGUSDT+0.0122%4h66.470+0.118%$24.2M$47.9M100xas long as short
Aftermath Perps XAGUSD+0.0149%1h66.433+0.062%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0156%4h66.486+0.141%$399K$1.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.460+0.103%$1.9M$848K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.470+0.118%$27.6M$66.2M50xas long as short
RISEx XAG/USDC+0.0208%1h66.473+0.123%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0245%1h66.448+0.085%$46K$75K10xas long as short
Nado XAG-PERP+0.0250%1h66.403+0.017%$1.3M$6.6M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.465+0.110%$103K111xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.409+0.026%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.450+0.088%$51K$360K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.437+0.068%$768K$566K25xas long as short