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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.08 per $10,000 · paid last 24h +0.033%
Price spread now: SoDEX against Hotstuff−0.099%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 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
Funding pays, the price is against you. SoDEX is 0.099% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 5.0 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.522−0.0016get 0.0002% / 1h27m 04s$35K$21K20x
ShortSoDEX SILVER-USD66.4560.0050get 0.0006% / 1h27m 04s$4K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$13.86
Price spread: −0.099% → 0.000%
−$9.92
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$9.06
Costs to cover
0.130%
Break-even
11.6 days
Slippage unknown: Hotstuff: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Hotstuff and SoDEX: 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−0.0016%1h66.522long leg$35K$21K20x
dYdX XAG-USD0.0000%1h66.490−0.049%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.540+0.027%$26.0M$35.4M150xas long as short
Gate XAG_USDT0.0000%4h66.530+0.012%$155.0M$167.9M100xas long as short
SunX XAG-USDT0.0000%4h66.550+0.042%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.590+0.102%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.570+0.072%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.480−0.063%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.496−0.039%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.477−0.068%$5.4M$12.4M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.183%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.530+0.012%$800K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.978+0.685%25xas long as short
Phoenix SILVER+0.0048%1h66.492−0.045%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.512−0.015%$3.9M$700K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.456−0.099%$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.450−0.108%$5.7M$9.7M25xas long as short
tradeXYZ xyz:SILVER+0.0051%1h66.484−0.057%$165.4M$85.6M25xas long as short
QFEX SILVER-USD+0.0051%1h66.520−0.003%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.493−0.044%$563K$21.5M8.1xas long as short
BloFin XAG-USDT+0.0064%4h66.590+0.102%$2.6M$703K100xas long as short
Aster XAGUSDT+0.0085%4h66.526+0.006%$2.8M$1.1M100xas long as short
Variational Omni XAG+0.0087%4h66.545+0.034%$5.6M$9.9Mas long as short
Paradex XAG-USD-PERP+0.0098%8h66.535+0.019%$30K$1K5xas long as short
MEXC SILVER_USDT+0.0098%4h66.510−0.018%$108.7M$160.2M1000xas long as short
edgeX XAGUSDC+0.0099%4h66.535+0.019%$675K$313K30xas long as short
Binance XAGUSDT+0.0099%4h66.530+0.012%$192.4M$722.4M100xas long as short
Pacifica XAG+0.0100%1h66.491−0.047%$474K$623K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.490−0.048%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.500−0.033%$126K$24K50xas long as short
GRVT XAG_USDT_Perp+0.0104%4h66.559+0.055%$394K$1.5M25xas long as short
Aevo XAG-PERP+0.0104%1h66.520−0.003%$48K10xas long as short
Lighter XAG+0.0112%1h66.505−0.025%$5.4M$10.5M25xas long as short
RISEx XAG/USDC+0.0148%1h66.552+0.045%$1.3M$4.3M20xas long as short
Nado XAG-PERP+0.0166%1h66.494−0.041%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0172%4h66.520−0.003%$24.5M$48.0M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.580+0.087%$1.9M$929K20xas long as short
OKX XAG-USDT-SWAP+0.0190%8h66.530+0.012%$27.9M$67.2M50xas long as short
Aftermath Perps XAGUSD+0.0194%1h66.527+0.008%$80K$39K10xas long as short
Bullet SILVER-USD+0.0224%1h66.561+0.059%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0232%1h66.483−0.059%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.545+0.035%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.520−0.003%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.512−0.015%$765K$565K25xas long as short