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+0.0445%/8h= +48.7% APRnext payment +$0.56 per $10,000 · paid last 24h +0.103%
Price spread now: Kraken Futures against Hotstuff−0.023%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. Kraken Futures is 0.023% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.1370.0040pay 0.0005% / 1h16m 26s$35K$21K20x
ShortKraken Futures PF_XAGUSD66.1220.0485get 0.0061% / 1h16m 26s$913K$681K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$93.4
Price spread: −0.023% → 0.000%
−$2.33
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$76.07
Costs to cover
0.150%
Break-even
1.3 days
Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 42 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 Kraken Futures live order book, 42 min ago2.47 bp8.4 bp −$816.2 bp −$16267.4 bp −$6,738doesn'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%1h66.080−0.086%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.190+0.080%$150.2M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h66.140+0.005%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.180+0.065%$1.0M$971K75xas long as short
Phemex XAGUSDT0.0000%4h66.160+0.035%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.104−0.049%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.156+0.028%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.102−0.053%$5.2M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.398%$11K$94K52xas long as short
Hotstuff SILVER-PERPlong+0.0040%1h66.137long leg$35K$21K20x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.150+0.020%$796K$3.1M40xas long as short
Ondo Perps XAG-USD.P+0.0042%1h66.040−0.147%$5.7M$9.6M25xas long as short
Vest SI-PERP+0.0046%1h66.598+0.697%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.1370.000%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.079−0.088%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.150+0.020%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.143+0.009%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0070%24h66.114−0.035%$547K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.109−0.042%$471K$615K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.140+0.005%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.130−0.011%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0124%1h66.140+0.005%$166.0M$74.2M25xas long as short
RISEx XAG/USDC+0.0137%1h66.167+0.045%$1.3M$4.5M20xas long as short
Paradex XAG-USD-PERP+0.0140%8h66.163+0.040%$30K$1K5xas long as short
Aster XAGUSDT+0.0143%4h66.150+0.020%$2.7M$878K100xas long as short
Bybit XAGUSDT+0.0162%4h66.190+0.080%$27.0M$36.0M150xas long as short
Lighter XAG+0.0176%1h66.160+0.034%$5.2M$10.7M25xas long as short
Aevo XAG-PERP+0.0192%1h66.143+0.010%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.170+0.050%$1.8M$1.0M20xas long as short
Variational Omni XAG+0.0206%4h66.183+0.069%$5.6M$9.6Mas long as short
Nado XAG-PERP+0.0207%1h66.120−0.026%$1.4M$6.4M10xas long as short
MEXC SILVER_USDT+0.0210%4h66.170+0.050%$110.2M$152.8M1000xas long as short
Binance XAGUSDT+0.0211%4h66.178+0.062%$192.6M$700.1M100xas long as short
Aftermath Perps XAGUSD+0.0219%1h66.144+0.010%$80K$36K10xas long as short
edgeX XAGUSDC+0.0221%4h66.189+0.079%$672K$312K30xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.180+0.065%$27.8M$65.2M50xas long as short
BloFin XAG-USDT+0.0256%4h66.150+0.020%$2.6M$554K100xas long as short
Bitget XAGUSDT+0.0258%4h66.170+0.050%$23.9M$45.3M100xas long as short
GRVT XAG_USDT_Perp+0.0276%4h66.193+0.085%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0287%1h66.173+0.055%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.130−0.011%$62K$349K20xas long as short
Hibachi XAG/USDT-P+0.0368%1h66.104−0.049%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0383% / S −0.0424%1h66.155+0.027%$103K111xas long as short
Kraken Futures PF_XAGUSDshort+0.0485%1h66.122−0.023%$913K$681K25x