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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+1.5320%/8h= +1677.6% APRnext payment +$19.15 per $10,000 · paid last 24h +0.066%
Price spread now: Nado against Hotstuff+0.193%304s7-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 · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$460 a day on $10k at the current rate, and Nado is 0.193% dearer against Hotstuff than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 304 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP65.532−1.5176get 0.1897% / 1h54m 16s$36K$23K20x
ShortNado XAG-PERP65.6580.0144get 0.0018% / 1h54m 16s$1.2M$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$3,217.3
Price spread: +0.193% → 0.000%
$19.25
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$3,224.55
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Nado: live order book, 3 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 Nado live order book, 3 min ago0.08 bp5.5 bp −$59.5 bp −$9535.2 bp −$3,517doesn'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 exchanges

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−1.5176%1h65.532long leg$36K$23K20x
dYdX XAG-USD0.0000%1h65.651+0.182%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.720+0.287%$138.6M$203.6M100xas long as short
SunX XAG-USDT0.0000%4h65.690+0.241%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.710+0.272%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.700+0.256%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.645+0.172%$119K250xas long as short
Ondo Perps XAG-USD.P+0.0011%1h65.610+0.119%$5.7M$11.0M25xas long as short
Lighter RH XAG+0.0032%1h65.698+0.253%$4.5M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h65.637+0.161%$5.1M$11.8M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h64.602−1.419%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.680+0.226%$790K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.146+0.937%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.671+0.212%$3.8M$894K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.631+0.151%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.680+0.226%$447K$1.4M20xas long as short
tradeXYZ xyz:SILVER+0.0056%1h65.683+0.230%$174.7M$93.8M25xas long as short
Paradex XAG-USD-PERP+0.0057%8h65.686+0.235%$29K$1665xas long as short
Variational Omni XAG+0.0096%4h65.678+0.223%$5.7M$9.1Mas long as short
Kalshi KXSILVERPERP+0.0099%24h65.728+0.299%$711K$38.6M8.1xas long as short
Pacifica XAG+0.0100%1h65.638+0.161%$467K$570K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.670+0.211%$25.4M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.700+0.256%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.640+0.165%$1.6M$1.9M20xas long as short
Phoenix SILVER+0.0110%1h65.621+0.136%$55K$14K25xas long as short
RISEx XAG/USDC+0.0116%1h65.711+0.274%$1.2M$4.9M20xas long as short
MEXC SILVER_USDT+0.0118%4h65.710+0.272%$122.0M$162.7M1000xas long as short
Binance XAGUSDT+0.0118%4h65.706+0.265%$191.9M$863.3M100xas long as short
Aster XAGUSDT+0.0118%4h65.707+0.266%$2.7M$1.1M100xas long as short
Aevo XAG-PERP+0.0120%1h65.681+0.227%$47K10xas long as short
edgeX XAGUSDC+0.0134%4h65.652+0.184%$669K$313K30xas long as short
Nado XAG-PERPshort+0.0144%1h65.658+0.193%$1.2M$3.7M10x
GRVT XAG_USDT_Perp+0.0150%4h65.689+0.239%$396K$1.5M25xas long as short
Lighter XAG+0.0152%1h65.688+0.238%$5.1M$11.6M25xas long as short
Bybit XAGUSDT+0.0152%4h65.710+0.272%$30.5M$48.0M150xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.670+0.211%$77K$411K20xas long as short
Bullet SILVER-USD+0.0210%1h65.722+0.290%$45K$74K10xas long as short
OKX XAG-USDT-SWAP+0.0213%8h65.690+0.241%$28.0M$85.8M50xas long as short
Aftermath Perps XAGUSD+0.0217%1h65.651+0.182%$79K$37K10xas long as short
Bitget XAGUSDT+0.0248%4h65.690+0.241%$23.2M$52.7M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0268% / S −0.0235%1h65.725+0.295%$93K111xas long as short
Hibachi XAG/USDT-P+0.0280%1h65.661+0.197%$21K$12K10xas long as short
BloFin XAG-USDT+0.0360%4h65.750+0.333%$2.7M$772K100xas long as short
Kraken Futures PF_XAGUSD+0.0547%1h65.668+0.207%$1.0M$943K25xas long as short