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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0209%/8h= +22.8% APRpaid last 24h +0.054%
Price spread now: Bitget against Injective−0.030%101s7-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 7 days+0.114%+$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bitget is 0.030% cheaper against Injective than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.114% in total) that is about 44 hours. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h23m 46s$11K$94K52x
ShortBitget XAGUSDT66.3800.0242get 0.0121% / 4h2h 23m$23.9M$46.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
$43.82
Price spread: −0.030% → 0.000%
−$3.01
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
$28.79
Costs to cover
0.120%
Break-even
2.4 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 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 Injective no order-book sample
Sell Bitget live order book, 5 min ago0.75 bp6.8 bp −$79.6 bp −$9617.2 bp −$1,71746.0 bp −$23.0K
Injective: 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 43 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%1h66.308−0.139%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.380−0.030%$152.7M$163.7M100xas long as short
SunX XAG-USDT0.0000%4h66.380−0.030%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.420+0.030%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.440+0.060%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.306−0.141%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.353−0.071%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.306−0.142%$5.4M$12.1M10xas long as short
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
StandX XAG-USD+0.0040%1h66.390−0.015%$799K$2.9M40xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.819+0.631%25xas long as short
Phoenix SILVER+0.0048%1h66.309−0.137%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.363−0.056%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.303−0.146%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.270−0.196%$5.7M$9.5M25xas long as short
QFEX SILVER-USD+0.0054%1h66.370−0.045%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.336−0.096%$568K$23.5M8.1xas long as short
Hotstuff SILVER-PERP+0.0064%1h66.350−0.075%$35K$21K20xas long as short
RISEx XAG/USDC+0.0079%1h66.385−0.022%$1.2M$4.3M20xas long as short
tradeXYZ xyz:SILVER+0.0100%1h66.331−0.104%$165.5M$75.8M25xas long as short
Pacifica XAG+0.0100%1h66.321−0.119%$472K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.350−0.075%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.370−0.045%$126K$23K50xas long as short
Bybit XAGUSDT+0.0120%4h66.4000.000%$26.7M$36.3M150xas long as short
Aster XAGUSDT+0.0127%4h66.390−0.015%$2.7M$944K100xas long as short
Paradex XAG-USD-PERP+0.0130%8h66.370−0.045%$30K$1K5xas long as short
Variational Omni XAG+0.0150%4h66.344−0.084%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0152%1h66.375−0.037%$48K10xas long as short
MEXC SILVER_USDT+0.0168%4h66.380−0.030%$102.6M$158.5M1000xas long as short
Binance XAGUSDT+0.0171%4h66.380−0.030%$192.5M$708.8M100xas long as short
edgeX XAGUSDC+0.0183%4h66.379−0.032%$673K$313K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.350−0.075%$1.9M$969K20xas long as short
Lighter XAG+0.0192%1h66.365−0.053%$5.3M$10.6M25xas long as short
OKX XAG-USDT-SWAP+0.0204%8h66.380−0.030%$28.0M$65.8M50xas long as short
Nado XAG-PERP+0.0225%1h66.349−0.076%$1.3M$6.4M10xas long as short
Aftermath Perps XAGUSD+0.0227%1h66.367−0.050%$80K$38K10xas long as short
Bitget XAGUSDTshort+0.0242%4h66.380−0.030%$23.9M$46.0M100x
Hibachi XAG/USDT-P+0.0248%1h66.280−0.181%$20K$22K10xas long as short
GRVT XAG_USDT_Perp+0.0256%4h66.364−0.054%$397K$1.5M25xas long as short
Bullet SILVER-USD+0.0285%1h66.380−0.030%$46K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.375−0.038%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.360−0.060%$50K$325K20xas long as short
Kraken Futures PF_XAGUSD+0.0462%1h66.348−0.078%$765K$478K25xas long as short