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−0.0174%/8h= −19.1% APRnext payment $0.22 per $10,000 · paid last 24h −0.042%
Price spread now: SoDEX against Hibachi−0.042%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.042% cheaper against Hibachi than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P65.0520.0224pay 0.0028% / 1h7m 21s$20K$16K10x
ShortSoDEX SILVER-USD65.0250.0050get 0.0006% / 1h7m 21s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Hibachi. 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
−$36.54
Price spread: −0.042% → 0.000%
−$4.21
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$57.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi no order-book sample
Sell SoDEX no order-book sample
Hibachi and SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Ondo Perps XAG-USD.P−0.0026%1h64.970−0.127%$5.7M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.035−0.027%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h64.997−0.085%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.100+0.073%$27.7M$39.1M150xas long as short
Variational Omni XAG0.0000%4h65.227+0.268%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.090+0.058%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.150+0.150%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.100+0.073%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.035−0.026%$118K250xas long as short
Gate XAG_USDT+0.0030%4h65.090+0.058%$140.2M$181.7M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.088+0.056%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.018−0.053%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.072%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.070+0.027%$124.5M$162.6M1000xas long as short
Binance XAGUSDT+0.0034%4h65.080+0.042%$191.5M$755.7M100xas long as short
StandX XAG-USD+0.0040%1h65.110+0.089%$783K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.089+0.056%$2.7M$981K100xas long as short
QFEX SILVER-USD+0.0044%1h65.070+0.027%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.493+0.677%25xas long as short
Aevo XAG-PERP+0.0048%1h65.077+0.037%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.041−0.017%$3.8M$892K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h65.025−0.042%$3K$6K20x
edgeX XAGUSDC+0.0050%4h65.251+0.305%$664K$312K30xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.054+0.003%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.076+0.036%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0070%1h65.045−0.011%$172.9M$84.5M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.055+0.004%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030−0.034%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.011−0.064%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.030−0.034%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200+0.227%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.077+0.038%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0136%4h65.100+0.073%$2.7M$624K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.219+0.256%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.031−0.033%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0162%4h65.100+0.073%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.090+0.058%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.094+0.064%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0194%1h65.101+0.075%$78K$37K10xas long as short
Hibachi XAG/USDT-Plong+0.0224%1h65.052long leg$20K$16K10x
Bullet SILVER-USD+0.0234%1h65.077+0.038%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075+0.035%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0365%1h65.053+0.001%$1.0M$869K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.080+0.042%$65K$398K20xas long as short