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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0318%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.080%
Price spread now: Bullet 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 3 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 +$10 a day on $10k at the current rate, and Bullet is 0.117% dearer against Hotstuff than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.495−0.0032get 0.0004% / 1h46m 21s$35K$21K20x
ShortBullet SILVER-USD66.5730.0286get 0.0036% / 1h46m 21s$45K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$66.77
Price spread: +0.117% → 0.000%
$11.71
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
$65.48
Costs to cover
0.130%
Break-even
0.1 days
Slippage unknown: Hotstuff: no order-book sample; Bullet: 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 Bullet no order-book sample
Hotstuff and Bullet: 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
Hotstuff SILVER-PERPlong−0.0032%1h66.495long leg$35K$21K20x
dYdX XAG-USD0.0000%1h66.486−0.014%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.570+0.113%$154.7M$161.4M100xas long as short
SunX XAG-USDT0.0000%4h66.580+0.128%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.570+0.113%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.580+0.128%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.499+0.006%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.548+0.079%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.491−0.006%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.143%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.530+0.053%$800K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.988+0.741%25xas long as short
Phoenix SILVER+0.0048%1h66.496+0.002%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.526+0.047%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.482−0.020%$3K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.450−0.068%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.550+0.083%$115K$2.7M20xas long as short
Bybit XAGUSDT+0.0056%4h66.590+0.143%$26.5M$36.0M150xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.503+0.012%$566K$23.0M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.568+0.110%$1.3M$4.3M20xas long as short
Pacifica XAG+0.0100%1h66.490−0.008%$473K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.520+0.038%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.550+0.083%$127K$23K50xas long as short
tradeXYZ xyz:SILVER+0.0103%1h66.526+0.047%$166.1M$79.2M25xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.113%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0112%4h66.560+0.098%$2.8M$1.0M100xas long as short
Paradex XAG-USD-PERP+0.0121%8h66.559+0.096%$30K$1K5xas long as short
Variational Omni XAG+0.0124%4h66.565+0.105%$5.6M$9.7Mas long as short
Aevo XAG-PERP+0.0136%1h66.551+0.084%$48K10xas long as short
MEXC SILVER_USDT+0.0140%4h66.560+0.098%$108.5M$156.6M1000xas long as short
edgeX XAGUSDC+0.0141%4h66.584+0.135%$676K$315K30xas long as short
Binance XAGUSDT+0.0144%4h66.569+0.112%$193.0M$711.8M100xas long as short
Lighter XAG+0.0168%1h66.525+0.046%$5.4M$10.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520+0.038%$1.9M$968K20xas long as short
OKX XAG-USDT-SWAP+0.0195%8h66.560+0.098%$28.1M$66.3M50xas long as short
Bitget XAGUSDT+0.0216%4h66.560+0.098%$24.4M$46.2M100xas long as short
Nado XAG-PERP+0.0219%1h66.520+0.038%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0219%1h66.525+0.045%$80K$39K10xas long as short
GRVT XAG_USDT_Perp+0.0224%4h66.601+0.160%$398K$1.5M25xas long as short
Bullet SILVER-USDshort+0.0286%1h66.573+0.117%$45K$76K10x
Hibachi XAG/USDT-P+0.0288%1h66.486−0.014%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.575+0.120%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0461%1h66.528+0.049%$767K$531K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0502%1h66.540+0.068%$50K$331K20xas long as short