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+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.026%
Price spread now: MEXC against Gate0.000%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days−0.032%−$3 · spread now 0.000%, 7d avg −0.029%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAG_USDT66.2400get 0.0000% / 4h1h 16m$146.2M$173.0M100x
ShortMEXC SILVER_USDT66.2400.0080get 0.0040% / 4h1h 16m$121.6M$182.2M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$16.8
Price spread: 0.000% → −0.029%
$2.89
Slippage, 4 orders
−$3.02
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
$1.67
Costs to cover
0.180%
Break-even
6.3 days
Slippage from Gate: live order book, 3 min ago; MEXC: 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 Gate live order book, 3 min ago0.75 bp8.3 bp −$89.2 bp −$9211.8 bp −$1,17914.5 bp −$7,256
Sell MEXC live order book, 3 min ago0.75 bp0.8 bp −$10.8 bp −$80.8 bp −$752.3 bp −$1,165

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
Kraken Futures PF_XAGUSD−0.0272%1h66.211−0.044%$766K$569K25xas long as short
dYdX XAG-USD0.0000%1h66.175−0.098%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.260+0.030%$25.6M$33.3M150xas long as short
RISEx XAG/USDC0.0000%1h66.240−0.001%$1.3M$4.2M20xas long as short
Gate XAG_USDTlong0.0000%4h66.240long leg$146.2M$173.0M100x
SunX XAG-USDT0.0000%4h66.250+0.015%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.270+0.045%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.260+0.030%$1.5M$248K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.171−0.105%$120K250xas long as short
QFEX SILVER-USD+0.0016%1h66.230−0.015%$144K$2.8M20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h66.228−0.019%$4.7M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h66.170−0.106%$5.5M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.242%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.190−0.075%$792K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.671+0.651%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.203−0.056%$165.0M$88.4M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.206−0.051%$3.9M$698K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.170−0.106%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.150−0.136%$5.7M$9.9M25xas long as short
Kalshi KXSILVERPERP+0.0057%24h66.195−0.068%$583K$21.3M8.1xas long as short
Aster XAGUSDT+0.0063%4h66.252+0.019%$2.8M$1.0M100xas long as short
Variational Omni XAG+0.0064%4h66.237−0.005%$5.5M$10.5Mas long as short
Bitget XAGUSDT+0.0064%4h66.260+0.030%$24.0M$47.8M100xas long as short
Hotstuff SILVER-PERP+0.0072%1h66.203−0.056%$35K$21K20xas long as short
Phoenix SILVER+0.0073%1h66.194−0.069%$56K$26K25xas long as short
MEXC SILVER_USDTshort+0.0080%4h66.2400.000%$121.6M$182.2M1000x
Binance XAGUSDT+0.0082%4h66.250+0.015%$189.7M$728.5M100xas long as short
edgeX XAGUSDC+0.0084%4h66.235−0.007%$672K$315K30xas long as short
Aevo XAG-PERP+0.0088%1h66.233−0.011%$48K10xas long as short
Pacifica XAG+0.0100%1h66.184−0.085%$473K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.210−0.045%$24.3M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.180−0.091%$113K$26K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h66.220−0.030%$1.9M$862K20xas long as short
GRVT XAG_USDT_Perp+0.0110%4h66.2400.000%$390K$1.5M25xas long as short
Paradex XAG-USD-PERP+0.0116%8h66.224−0.024%$30K$1K5xas long as short
BloFin XAG-USDT+0.0123%4h66.250+0.015%$2.5M$847K100xas long as short
Aftermath Perps XAGUSD+0.0125%1h66.196−0.066%$80K$40K10xas long as short
Lighter XAG+0.0136%1h66.229−0.017%$5.2M$11.0M25xas long as short
Hibachi XAG/USDT-P+0.0144%1h66.193−0.070%$20K$22K10xas long as short
OKX XAG-USDT-SWAP+0.0172%8h66.260+0.030%$27.3M$66.4M50xas long as short
Nado XAG-PERP+0.0221%1h66.181−0.089%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0264%1h66.244+0.007%$44K$74K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0302% / S −0.0300%1h66.245+0.008%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.220−0.030%$51K$359K20xas long as short