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+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.036%
Price spread now: edgeX against HTX−0.116%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.116%, 7d avg −0.057%
Together, before fees+0.186%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.059% cheaper against HTX than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.057%). If the spread goes back, that is −$6 on $10k: about 34 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.080% in total) that is about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAG-USDT66.6000get 0.0000% / 4h2h 43m$1.1M$1.1M75x
ShortedgeX XAGUSDC66.5230.0140get 0.0070% / 4h2h 43m$675K$315K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
$29.44
Price spread: −0.116% → −0.057%
−$5.89
Slippage, 4 orders
−$15.02
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$12.47
Costs to cover
0.360%
Break-even
10.0 days
Slippage from HTX: live order book, just now; edgeX: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, just now4.51 bp10.5 bp −$1110.5 bp −$10513.4 bp −$1,343doesn't fit
Sell edgeX live order book, 25 min ago2.25 bp6.8 bp −$76.8 bp −$689.2 bp −$91621.4 bp −$10.7K

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%1h66.486−0.171%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.540−0.090%$154.6M$161.7M100xas long as short
SunX XAG-USDT0.0000%4h66.550−0.075%$2K$2.8M20xas long as short
HTX XAG-USDTlong0.0000%4h66.600long leg$1.1M$1.1M75x
Phemex XAGUSDT0.0000%4h66.520−0.120%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.474−0.190%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.500−0.150%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.476−0.186%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.300%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.560−0.060%$801K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.987+0.581%25xas long as short
Phoenix SILVER+0.0048%1h66.479−0.182%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.526−0.111%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.471−0.194%$3K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.470−0.195%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.550−0.075%$115K$2.7M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h66.514−0.129%$35K$21K20xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.545−0.083%$574K$23.1M8.1xas long as short
Bybit XAGUSDT+0.0062%4h66.550−0.075%$26.4M$35.9M150xas long as short
RISEx XAG/USDC+0.0079%1h66.577−0.035%$1.3M$4.3M20xas long as short
Pacifica XAG+0.0100%1h66.520−0.120%$474K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.530−0.105%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.490−0.165%$126K$23K50xas long as short
tradeXYZ xyz:SILVER+0.0101%1h66.505−0.143%$166.0M$79.4M25xas long as short
BloFin XAG-USDT+0.0103%4h66.570−0.045%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0115%4h66.520−0.120%$2.8M$991K100xas long as short
Paradex XAG-USD-PERP+0.0122%8h66.584−0.023%$30K$1K5xas long as short
Variational Omni XAG+0.0124%4h66.565−0.053%$5.6M$9.7Mas long as short
Aevo XAG-PERP+0.0136%1h66.532−0.102%$48K10xas long as short
edgeX XAGUSDCshort+0.0140%4h66.523−0.116%$675K$315K30x
MEXC SILVER_USDT+0.0144%4h66.540−0.090%$108.5M$156.6M1000xas long as short
Binance XAGUSDT+0.0147%4h66.520−0.120%$193.0M$709.2M100xas long as short
Lighter XAG+0.0160%1h66.510−0.135%$5.4M$10.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520−0.120%$1.9M$968K20xas long as short
OKX XAG-USDT-SWAP+0.0196%8h66.530−0.105%$28.1M$66.0M50xas long as short
Nado XAG-PERP+0.0219%1h66.543−0.085%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0220%4h66.540−0.090%$24.4M$45.8M100xas long as short
Aftermath Perps XAGUSD+0.0223%1h66.529−0.106%$80K$38K10xas long as short
GRVT XAG_USDT_Perp+0.0238%4h66.591−0.014%$395K$1.5M25xas long as short
Bullet SILVER-USD+0.0285%1h66.552−0.072%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.545−0.083%$103K111xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.495−0.158%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.530−0.105%$50K$331K20xas long as short
Kraken Futures PF_XAGUSD+0.0461%1h66.512−0.133%$767K$491K25xas long as short