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+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.008%
Price spread now: Bitget against GRVT−0.086%63s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days+0.101%+$10 · spread now −0.086%, 7d avg −0.011%
Together, before fees+0.085%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.074% cheaper against GRVT than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.011%). If the spread goes back, that is −$7 on $10k: about 3.9 days of funding at the current rate (+$2 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XAG_USDT_Perp65.4060.0120pay 0.0060% / 4h1h 34m$397K$1.6M25x
ShortBitget XAGUSDT65.3500.0184get 0.0092% / 4h1h 34m$23.8M$46.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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
$13.44
Price spread: −0.086% → −0.011%
−$7.45
Slippage, 4 orders
−$8.26
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.27
Costs to cover
0.293%
Break-even
19.1 days
Slippage from GRVT: live order book, 3 min ago; Bitget: live order book, 5 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 GRVT live order book, 3 min ago0.76 bp6.5 bp −$77.7 bp −$7744.4 bp −$4,444doesn't fit
Sell Bitget live order book, 5 min ago0.76 bp6.8 bp −$79.4 bp −$9417.2 bp −$1,71738.8 bp −$19.4K

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−0.0160%1h65.310−0.146%$20K$20K10xas long as short
Ondo Perps XAG-USD.P−0.0082%1h65.230−0.269%$5.6M$9.8M25xas long as short
dYdX XAG-USD0.0000%1h65.295−0.169%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.360−0.070%$28.3M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.410+0.006%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.420+0.021%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.370−0.055%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.310−0.147%$118K250xas long as short
Gate XAG_USDT+0.0020%4h65.380−0.040%$141.2M$181.5M100xas long as short
Lighter RH XAG+0.0032%1h65.338−0.103%$4.6M$9.8M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.286−0.184%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.520%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.390−0.025%$787K$2.9M40xas long as short
Aster XAGUSDT+0.0045%4h65.350−0.086%$2.7M$973K100xas long as short
Vest SI-PERP+0.0046%1h65.767+0.552%25xas long as short
QFEX SILVER-USD+0.0050%1h65.330−0.116%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.311−0.145%$170.3M$83.5M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.302−0.159%$3.8M$718K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.289−0.179%$3K$6K20xas long as short
Variational Omni XAG+0.0056%4h65.364−0.065%$5.5M$9.4Mas long as short
Paradex XAG-USD-PERP+0.0056%8h65.323−0.127%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.351−0.084%$1.3M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.317−0.136%$56K$31K25xas long as short
MEXC SILVER_USDT+0.0070%4h65.330−0.116%$116.1M$157.3M1000xas long as short
Binance XAGUSDT+0.0071%4h65.356−0.077%$189.9M$763.4M100xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.356−0.077%$480K$30.8M8.1xas long as short
Aevo XAG-PERP+0.0080%1h65.348−0.089%$47K10xas long as short
edgeX XAGUSDC+0.0084%4h65.366−0.061%$665K$313K30xas long as short
Hotstuff SILVER-PERP+0.0096%1h65.346−0.092%$35K$21K20xas long as short
Pacifica XAG+0.0100%1h65.293−0.173%$466K$624K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.320−0.132%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.330−0.116%$112K$19K50xas long as short
Lighter XAG+0.0120%1h65.344−0.094%$5.4M$11.4M25xas long as short
GRVT XAG_USDT_Perplong+0.0120%4h65.406long leg$397K$1.6M25x
Coinbase International SILVER-PERP-INTX+0.0120%1h65.380−0.040%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0125%1h65.299−0.163%$1.2M$5.5M10xas long as short
Bullet SILVER-USD+0.0170%1h65.367−0.059%$44K$76K10xas long as short
Bitget XAGUSDTshort+0.0184%4h65.350−0.086%$23.8M$46.4M100x
OKX XAG-USDT-SWAP+0.0187%8h65.360−0.070%$27.9M$71.3M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.330−0.116%$65K$376K20xas long as short
Aftermath Perps XAGUSD+0.0218%1h65.357−0.075%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0273% / S −0.0241%1h65.365−0.063%$93K111xas long as short
BloFin XAG-USDT+0.0288%4h65.350−0.086%$2.6M$609K100xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.334−0.110%$915K$746K25xas long as short