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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.050%
Price spread now: edgeX against Hotstuff−0.074%58s7-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 airdropHotstuff: Active · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.074% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3.8 days of funding at the current rate (+$2 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.4320.0064pay 0.0008% / 1h24m 32s$35K$21K20x
ShortedgeX XAGUSDC66.3830.0129get 0.0065% / 4h24m 32s$674K$313K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$13.65
Price spread: −0.074% → 0.000%
−$7.4
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$7.75
Costs to cover
0.140%
Break-even
11.0 days
Slippage unknown: Hotstuff: no order-book sample; edgeX: live order book, 54 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 edgeX live order book, 54 min ago2.26 bp6.8 bp −$76.8 bp −$689.2 bp −$91820.9 bp −$10.4K
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%1h66.430−0.003%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.480+0.072%$26.2M$34.3M150xas long as short
Gate XAG_USDT0.0000%4h66.470+0.057%$154.4M$173.1M100xas long as short
SunX XAG-USDT0.0000%4h66.500+0.102%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.510+0.117%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.510+0.117%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.422−0.014%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.450+0.028%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.408−0.036%$5.5M$12.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.048%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.409−0.035%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.400−0.048%$795K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.911+0.721%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.443+0.017%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.412−0.030%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.370−0.093%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.427−0.008%$593K$21.4M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.450+0.027%$124K$2.8M20xas long as short
Hotstuff SILVER-PERPlong+0.0064%1h66.432long leg$35K$21K20x
BloFin XAG-USDT+0.0072%4h66.490+0.087%$2.6M$651K100xas long as short
tradeXYZ xyz:SILVER+0.0075%1h66.427−0.008%$165.6M$86.7M25xas long as short
Variational Omni XAG+0.0100%4h66.457+0.038%$5.6M$10.1Mas long as short
Pacifica XAG+0.0100%1h66.413−0.029%$480K$618K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.430−0.003%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.370−0.093%$126K$26K50xas long as short
Paradex XAG-USD-PERP+0.0110%8h66.457+0.038%$30K$1K5xas long as short
Aster XAGUSDT+0.0111%4h66.480+0.072%$2.8M$1.1M100xas long as short
MEXC SILVER_USDT+0.0118%4h66.470+0.057%$114.9M$153.1M1000xas long as short
Aevo XAG-PERP+0.0120%1h66.483+0.077%$48K10xas long as short
Binance XAGUSDT+0.0121%4h66.460+0.042%$192.4M$722.7M100xas long as short
Lighter XAG+0.0128%1h66.460+0.042%$5.2M$10.4M25xas long as short
edgeX XAGUSDCshort+0.0129%4h66.383−0.074%$674K$313K30x
Bitget XAGUSDT+0.0144%4h66.470+0.057%$24.2M$48.1M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.410−0.033%$1.9M$853K20xas long as short
Aftermath Perps XAGUSD+0.0166%1h66.383−0.073%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0174%4h66.458+0.038%$396K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0194%8h66.470+0.057%$27.9M$66.6M50xas long as short
RISEx XAG/USDC+0.0208%1h66.470+0.057%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0257%1h66.473+0.062%$45K$76K10xas long as short
Nado XAG-PERP+0.0261%1h66.424−0.012%$1.3M$6.6M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.485+0.080%$103K111xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.410−0.033%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0503%1h66.480+0.072%$50K$369K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.438+0.009%$762K$586K25xas long as short