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+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.050%
Price spread now: Aevo against Hotstuff+0.064%46s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.064% dearer against Hotstuff than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.1320.0088pay 0.0011% / 1h42m 41s$35K$21K20x
ShortAevo XAG-PERP66.1740.0192get 0.0024% / 1h42m 41s$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hotstuff. 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
$21.84
Price spread: +0.064% → 0.000%
$6.37
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
$7.21
Costs to cover
0.210%
Break-even
4.7 days
Slippage unknown: Hotstuff: no order-book sample; Aevo: 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 Hotstuff no order-book sample
Sell Aevo no order-book sample
Hotstuff and Aevo: 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
dYdX XAG-USD0.0000%1h66.085−0.071%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.160+0.042%$150.2M$163.1M100xas long as short
SunX XAG-USDT0.0000%4h66.200+0.103%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.200+0.103%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.200+0.103%$1.5M$316K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.107−0.038%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.133+0.001%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.076−0.084%$5.2M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.405%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.150+0.027%$796K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.594+0.699%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.137+0.008%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.104−0.042%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.000−0.200%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.120−0.018%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.069−0.095%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0068%24h66.144+0.018%$523K$25.3M8.1xas long as short
Hotstuff SILVER-PERPlong+0.0088%1h66.132long leg$35K$21K20x
Pacifica XAG+0.0100%1h66.100−0.048%$470K$616K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.130−0.003%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.100−0.048%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0130%1h66.115−0.026%$165.4M$73.9M25xas long as short
RISEx XAG/USDC+0.0137%1h66.133+0.002%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0142%4h66.156+0.036%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0146%4h66.150+0.027%$27.0M$36.1M150xas long as short
Paradex XAG-USD-PERP+0.0148%8h66.138+0.010%$30K$1K5xas long as short
Nado XAG-PERP+0.0185%1h66.128−0.006%$1.3M$6.5M10xas long as short
Aevo XAG-PERPshort+0.0192%1h66.174+0.064%$48K10x
Variational Omni XAG+0.0196%4h66.123−0.014%$5.6M$9.7Mas long as short
Lighter XAG+0.0200%1h66.141+0.013%$5.2M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130−0.003%$1.8M$1.0M20xas long as short
MEXC SILVER_USDT+0.0210%4h66.150+0.027%$108.9M$152.4M1000xas long as short
Binance XAGUSDT+0.0211%4h66.130−0.003%$192.7M$701.6M100xas long as short
edgeX XAGUSDC+0.0212%4h66.102−0.046%$671K$315K30xas long as short
BloFin XAG-USDT+0.0225%4h66.170+0.057%$2.6M$554K100xas long as short
OKX XAG-USDT-SWAP+0.0227%8h66.130−0.003%$27.7M$65.6M50xas long as short
Aftermath Perps XAGUSD+0.0229%1h66.102−0.046%$79K$37K10xas long as short
Bitget XAGUSDT+0.0252%4h66.160+0.042%$23.9M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0276%4h66.163+0.047%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0312%1h66.181+0.074%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0336%1h66.128−0.006%$20K$19K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.160+0.042%$62K$348K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0371% / S −0.0404%1h66.185+0.080%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.147+0.023%$913K$676K25xas long as short