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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against Gate−0.092%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 7 days−0.017%−$2 · spread now −0.092%, 7d avg −0.085%
Together, before fees+0.071%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAG_USDT65.4800.0030pay 0.0015% / 4h1h 49m$142.1M$178.4M100x
ShortKuCoin XAGUSDTM65.4200.0100get 0.0050% / 4h1h 49m$24.6M$4.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$14.7
Price spread: −0.092% → −0.085%
−$0.67
Slippage, 4 orders
−$6.2
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$19.16
Costs to cover
0.332%
Break-even
16.1 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 9 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, 4 min ago0.76 bp8.3 bp −$89.6 bp −$9612.9 bp −$1,28615.5 bp −$7,771
Sell KuCoin live order book, 9 min ago1.52 bp7.6 bp −$815.6 bp −$156doesn'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
Hibachi XAG/USDT-P−0.0120%1h65.433−0.072%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0064%1h65.310−0.260%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.406−0.113%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.470−0.015%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.4800.000%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.440−0.061%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.397−0.126%$118K250xas long as short
Gate XAG_USDTlong+0.0030%4h65.480long leg$142.1M$178.4M100x
Lighter RH XAG+0.0032%1h65.431−0.075%$4.7M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.410−0.106%$5.1M$11.6M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400+1.405%$11K$94K52xas long as short
Bybit XAGUSDT+0.0039%4h65.4800.000%$28.6M$39.5M150xas long as short
Hotstuff SILVER-PERP+0.0040%1h65.460−0.031%$35K$21K20xas long as short
StandX XAG-USD+0.0040%1h65.440−0.061%$787K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.867+0.591%25xas long as short
QFEX SILVER-USD+0.0050%1h65.430−0.076%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.417−0.096%$170.6M$83.2M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.401−0.121%$3.9M$716K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.404−0.116%$3K$6K20xas long as short
Aster XAGUSDT+0.0053%4h65.445−0.054%$2.7M$956K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0056%1h65.440−0.061%$66K$370K20xas long as short
Paradex XAG-USD-PERP+0.0059%8h65.409−0.108%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.436−0.067%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.561+0.124%$56K$31K25xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.415−0.099%$499K$29.6M8.1xas long as short
Lighter XAG+0.0080%1h65.454−0.040%$5.4M$11.3M25xas long as short
Variational Omni XAG+0.0084%4h65.404−0.116%$5.5M$9.4Mas long as short
Binance XAGUSDT+0.0092%4h65.468−0.019%$189.5M$758.5M100xas long as short
MEXC SILVER_USDT+0.0096%4h65.460−0.031%$113.3M$156.5M1000xas long as short
Pacifica XAG+0.0100%1h65.386−0.144%$467K$629K10xas long as short
KuCoin XAGUSDTMshort+0.0100%4h65.420−0.092%$24.6M$4.8M75x
ApeX Omni XAGUSDT+0.0100%1h65.470−0.015%$112K$19K50xas long as short
Aevo XAG-PERP+0.0104%1h65.429−0.077%$47K10xas long as short
edgeX XAGUSDC+0.0108%4h65.508+0.043%$667K$313K30xas long as short
Nado XAG-PERP+0.0118%1h65.417−0.096%$1.2M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.370−0.168%$1.6M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0142%4h65.500+0.031%$394K$1.6M25xas long as short
Bullet SILVER-USD+0.0149%1h65.439−0.063%$44K$76K10xas long as short
Bitget XAGUSDT+0.0192%4h65.460−0.031%$23.8M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0196%8h65.4800.000%$27.8M$71.1M50xas long as short
Aftermath Perps XAGUSD+0.0212%1h65.474−0.009%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0320% / S −0.0301%1h65.435−0.069%$93K111xas long as short
BloFin XAG-USDT+0.0336%4h65.460−0.031%$2.6M$617K100xas long as short
Kraken Futures PF_XAGUSD+0.0492%1h65.399−0.123%$917K$744K25xas long as short