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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against Gate0.000%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 2 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.004%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAG_USDT66.4400get 0.0000% / 4h2h 22m$152.7M$163.9M100x
ShortBinance XAGUSDT66.4400.0172get 0.0086% / 4h2h 22m$192.7M$707.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$36.02
Price spread: 0.000% → −0.004%
$0.43
Slippage, 4 orders
−$4.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
$6.95
Costs to cover
0.295%
Break-even
5.6 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 6 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 Gate live order book, 1 min ago0.75 bp8.3 bp −$89.6 bp −$9613.7 bp −$1,37218.0 bp −$9,015
Sell Binance live order book, 6 min ago0.75 bp5.8 bp −$65.9 bp −$599.3 bp −$92724.3 bp −$12.1K

XAG on 43 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%1h66.363−0.116%$15K5xas long as short
Gate XAG_USDTlong0.0000%4h66.440long leg$152.7M$163.9M100x
SunX XAG-USDT0.0000%4h66.390−0.075%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.4400.000%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.4400.000%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.326−0.172%$120K250xas long as short
Hotstuff SILVER-PERP+0.0008%1h66.335−0.158%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.405−0.053%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.359−0.122%$5.4M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.060%$11K$94K52xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.400−0.060%$799K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.824+0.578%25xas long as short
Phoenix SILVER+0.0048%1h66.309−0.197%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.362−0.117%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.325−0.173%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.320−0.181%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.410−0.045%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.354−0.129%$568K$23.4M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.432−0.013%$1.3M$4.3M20xas long as short
tradeXYZ xyz:SILVER+0.0100%1h66.381−0.089%$165.7M$75.8M25xas long as short
Pacifica XAG+0.0100%1h66.371−0.104%$472K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.400−0.060%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.290−0.226%$126K$23K50xas long as short
Bybit XAGUSDT+0.0121%4h66.450+0.015%$26.6M$36.4M150xas long as short
Aster XAGUSDT+0.0128%4h66.430−0.015%$2.8M$944K100xas long as short
Paradex XAG-USD-PERP+0.0131%8h66.418−0.033%$30K$1K5xas long as short
Variational Omni XAG+0.0150%4h66.344−0.144%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0160%1h66.395−0.068%$48K10xas long as short
MEXC SILVER_USDT+0.0170%4h66.420−0.030%$102.7M$158.5M1000xas long as short
Binance XAGUSDTshort+0.0172%4h66.4400.000%$192.7M$707.7M100x
edgeX XAGUSDC+0.0183%4h66.379−0.092%$673K$313K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.350−0.135%$1.9M$969K20xas long as short
Lighter XAG+0.0192%1h66.413−0.041%$5.3M$10.6M25xas long as short
OKX XAG-USDT-SWAP+0.0204%8h66.430−0.015%$28.0M$65.8M50xas long as short
Nado XAG-PERP+0.0225%1h66.325−0.174%$1.3M$6.4M10xas long as short
Aftermath Perps XAGUSD+0.0227%1h66.367−0.110%$80K$38K10xas long as short
Bitget XAGUSDT+0.0242%4h66.430−0.015%$23.9M$46.0M100xas long as short
Hibachi XAG/USDT-P+0.0248%1h66.322−0.178%$20K$22K10xas long as short
GRVT XAG_USDT_Perp+0.0260%4h66.388−0.078%$397K$1.5M25xas long as short
Bullet SILVER-USD+0.0285%1h66.403−0.056%$46K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.405−0.053%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.380−0.090%$50K$325K20xas long as short
Kraken Futures PF_XAGUSD+0.0462%1h66.361−0.119%$765K$478K25xas long as short