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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h +0.048%
Price spread now: ApeX Omni against Hotstuff+0.117%7-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
The price spread pays, funding is against you. ApeX Omni is 0.117% dearer against Hotstuff than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP64.7340.0128pay 0.0016% / 1h28m 51s$34K$21K20x
ShortApeX Omni XAGUSDT64.8100.0100get 0.0013% / 1h28m 51s$111K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$5.88
Price spread: +0.117% → 0.000%
$11.74
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$9.14
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: live order book, 2 min ago. 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 ApeX Omni live order book, 2 min ago6.95 bp21.7 bp −$2270.0 bp −$700doesn't fitdoesn't fit
Hotstuff: 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%1h64.734+0.001%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h64.790+0.087%$139.2M$185.2M100xas long as short
SunX XAG-USDT0.0000%4h64.820+0.133%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.850+0.179%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.800+0.102%$1.4M$325K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.750+0.025%$117K250xas long as short
Variational Omni XAG+0.0017%4h64.834+0.155%$5.3M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.720−0.021%$4.5M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h64.705−0.045%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.574%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.760+0.040%$779K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.224+0.757%25xas long as short
QFEX SILVER-USD+0.0047%1h64.810+0.117%$448K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.744+0.015%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.732−0.003%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.730−0.006%$5.6M$9.9M25xas long as short
MEXC SILVER_USDT+0.0056%4h64.770+0.056%$121.6M$158.8M1000xas long as short
edgeX XAGUSDC+0.0058%4h64.839+0.162%$660K$315K30xas long as short
Binance XAGUSDT+0.0058%4h64.730−0.006%$196.5M$778.9M100xas long as short
Paradex XAG-USD-PERP+0.0062%8h64.812+0.121%$29K$1665xas long as short
Aevo XAG-PERP+0.0072%1h64.799+0.100%$47K10xas long as short
Aster XAGUSDT+0.0077%4h64.740+0.009%$2.6M$1.0M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.710−0.037%$1.6M$1.5M20xas long as short
Kalshi KXSILVERPERP+0.0085%24h64.815+0.125%$485K$34.5M8.1xas long as short
Pacifica XAG+0.0100%1h64.770+0.055%$462K$591K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.730−0.006%$25.0M$4.6M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h64.810+0.117%$111K$19K50x
Phoenix SILVER+0.0111%1h64.908+0.269%$55K$31K25xas long as short
Hotstuff SILVER-PERPlong+0.0128%1h64.734long leg$34K$21K20x
tradeXYZ xyz:SILVER+0.0130%1h64.716−0.028%$172.8M$88.3M25xas long as short
RISEx XAG/USDC+0.0158%1h64.822+0.136%$1.2M$4.9M20xas long as short
Nado XAG-PERP+0.0159%1h64.767+0.051%$1.2M$4.2M10xas long as short
GRVT XAG_USDT_Perp+0.0160%4h64.830+0.148%$386K$1.6M25xas long as short
OKX XAG-USDT-SWAP+0.0193%8h64.760+0.040%$28.8M$74.2M50xas long as short
Bitget XAGUSDT+0.0196%4h64.770+0.056%$23.4M$46.8M100xas long as short
Bybit XAGUSDT+0.0204%4h64.760+0.040%$29.6M$43.0M150xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0213%1h64.770+0.056%$76K$431K20xas long as short
Aftermath Perps XAGUSD+0.0218%1h64.809+0.115%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.748+0.021%$5.2M$11.1M25xas long as short
BloFin XAG-USDT+0.0231%4h64.840+0.164%$2.7M$667K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h64.805+0.110%$92K111xas long as short
Bullet SILVER-USD+0.0297%1h64.817+0.128%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0360%1h64.725−0.013%$20K$15K10xas long as short
Kraken Futures PF_XAGUSD+0.0420%1h64.782+0.075%$1.0M$891K25xas long as short