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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.073%
Price spread now: Coinbase International against Hotstuff−0.154%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 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
Funding pays, the price is against you. Coinbase International is 0.154% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 3.8 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.0820.0040pay 0.0005% / 1h52m 00s$35K$21K20x
ShortCoinbase International SILVER-PERP-INTX65.9800.0176get 0.0022% / 1h52m 00s$1.8M$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$28.56
Price spread: −0.154% → 0.000%
−$15.44
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$1.88
Costs to cover
0.150%
Break-even
7.5 days
Slippage unknown: Hotstuff: no order-book sample; Coinbase International: 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 Coinbase International live order book, 2 min ago2.27 bp7.3 bp −$78.2 bp −$82doesn'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%1h66.050−0.049%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.100+0.027%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.190+0.163%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.150+0.103%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.092+0.016%$121K250xas long as short
Ondo Perps XAG-USD.P+0.0006%1h65.990−0.139%$5.7M$9.2M25xas long as short
RISEx XAG/USDC+0.0030%1h66.112+0.045%$1.3M$4.8M20xas long as short
Lighter RH XAG+0.0032%1h66.136+0.081%$4.8M$9.2M25xas long as short
Extended XAG-USD+0.0032%1h66.0820.000%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.481%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.018−0.097%$56K$26K25xas long as short
Hotstuff SILVER-PERPlong+0.0040%1h66.082long leg$35K$21K20x
StandX XAG-USD+0.0040%1h66.110+0.042%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.545+0.701%25xas long as short
Gate XAG_USDT+0.0050%4h66.160+0.118%$149.9M$153.9M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.081−0.002%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.089+0.011%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h66.090+0.012%$114K$2.7M20xas long as short
Paradex XAG-USD-PERP+0.0055%8h66.088+0.010%$30K$1K5xas long as short
Kalshi KXSILVERPERP+0.0074%24h66.089+0.011%$530K$26.7M8.1xas long as short
tradeXYZ xyz:SILVER+0.0092%1h66.116+0.051%$166.7M$73.7M25xas long as short
Pacifica XAG+0.0100%1h66.043−0.059%$470K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.110+0.042%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.000−0.124%$113K$30K50xas long as short
Bybit XAGUSDT+0.0112%4h66.160+0.118%$27.8M$36.4M150xas long as short
Aster XAGUSDT+0.0115%4h66.140+0.088%$2.7M$871K100xas long as short
Lighter XAG+0.0144%1h66.146+0.096%$5.2M$10.6M25xas long as short
Aevo XAG-PERP+0.0152%1h66.137+0.083%$47K10xas long as short
Variational Omni XAG+0.0157%4h66.083+0.002%$5.6M$9.5Mas long as short
MEXC SILVER_USDT+0.0166%4h66.150+0.103%$116.4M$151.8M1000xas long as short
Binance XAGUSDT+0.0167%4h66.150+0.103%$191.4M$703.1M100xas long as short
edgeX XAGUSDC+0.0170%4h66.074−0.012%$671K$310K30xas long as short
Coinbase International SILVER-PERP-INTXshort+0.0176%1h65.980−0.154%$1.8M$1.0M20x
Nado XAG-PERP+0.0186%1h66.065−0.025%$1.4M$5.6M10xas long as short
Aftermath Perps XAGUSD+0.0200%1h66.041−0.062%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.130+0.073%$75K$363K20xas long as short
BloFin XAG-USDT+0.0207%4h66.080−0.003%$2.6M$570K100xas long as short
GRVT XAG_USDT_Perp+0.0210%4h66.063−0.029%$395K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0223%8h66.160+0.118%$27.8M$64.7M50xas long as short
Bitget XAGUSDT+0.0224%4h66.150+0.103%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0252%1h66.148+0.100%$44K$76K10xas long as short
Hibachi XAG/USDT-P+0.0328%1h66.076−0.009%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0443%1h66.155+0.110%$106K111xas long as short
Kraken Futures PF_XAGUSD+0.0466%1h66.104+0.033%$908K$688K25xas long as short