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−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: dYdX against Injective−0.482%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.482% cheaper against Injective than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h17m 12s$11K$94K52x
ShortdYdX XAG-USD66.0800get 0.0000% / 1h17m 12s$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$7
Price spread: −0.482% → 0.000%
−$48.19
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$65.21
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; dYdX: 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 Injective no order-book sample
Sell dYdX no order-book sample
Injective and dYdX: 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-USDshort0.0000%1h66.080−0.482%$15K5x
Gate XAG_USDT0.0000%4h66.180−0.331%$150.2M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h66.140−0.392%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.180−0.331%$1.0M$971K75xas long as short
Phemex XAGUSDT0.0000%4h66.160−0.361%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.082−0.479%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.147−0.381%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.080−0.482%$5.2M$11.6M10xas long as short
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
Hotstuff SILVER-PERP+0.0040%1h66.106−0.443%$35K$21K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.150−0.377%$796K$3.1M40xas long as short
Ondo Perps XAG-USD.P+0.0041%1h66.040−0.542%$5.7M$9.6M25xas long as short
Vest SI-PERP+0.0046%1h66.585+0.279%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.119−0.423%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.079−0.483%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.140−0.392%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.143−0.387%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0070%24h66.114−0.431%$547K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.098−0.455%$471K$615K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.110−0.437%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.130−0.407%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0124%1h66.136−0.398%$165.9M$74.2M25xas long as short
RISEx XAG/USDC+0.0137%1h66.148−0.380%$1.3M$4.5M20xas long as short
Paradex XAG-USD-PERP+0.0140%8h66.143−0.387%$30K$1K5xas long as short
Aster XAGUSDT+0.0143%4h66.146−0.382%$2.7M$878K100xas long as short
Bybit XAGUSDT+0.0162%4h66.180−0.331%$27.0M$36.1M150xas long as short
Lighter XAG+0.0176%1h66.139−0.393%$5.2M$10.7M25xas long as short
Aevo XAG-PERP+0.0192%1h66.143−0.387%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.170−0.346%$1.8M$1.0M20xas long as short
Variational Omni XAG+0.0206%4h66.183−0.327%$5.6M$9.6Mas long as short
Nado XAG-PERP+0.0206%1h66.102−0.449%$1.4M$6.5M10xas long as short
Binance XAGUSDT+0.0211%4h66.158−0.364%$192.5M$700.4M100xas long as short
MEXC SILVER_USDT+0.0212%4h66.150−0.377%$110.2M$152.8M1000xas long as short
Aftermath Perps XAGUSD+0.0220%1h66.129−0.409%$80K$36K10xas long as short
edgeX XAGUSDC+0.0221%4h66.189−0.317%$672K$312K30xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.170−0.346%$27.7M$65.2M50xas long as short
Bitget XAGUSDT+0.0256%4h66.160−0.361%$23.9M$45.3M100xas long as short
BloFin XAG-USDT+0.0256%4h66.150−0.377%$2.6M$554K100xas long as short
GRVT XAG_USDT_Perp+0.0276%4h66.193−0.311%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0287%1h66.156−0.368%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.130−0.407%$62K$349K20xas long as short
Hibachi XAG/USDT-P+0.0368%1h66.092−0.463%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0383% / S −0.0424%1h66.155−0.369%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.122−0.419%$913K$681K25xas long as short