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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: SoDEX against Injective−0.006%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h46m 24s$11K$94K52x
ShortSoDEX SILVER-USD66.3960.0050get 0.0006% / 1h46m 24s$4K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$3.5
Price spread: −0.006% → 0.000%
−$0.6
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$5.12
Costs to cover
0.080%
Break-even
17.2 days
Slippage unknown: Injective: 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 Injective no order-book sample
Sell SoDEX no order-book sample
Injective 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
dYdX XAG-USD0.0000%1h66.428+0.043%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.490+0.136%$25.8M$33.3M150xas long as short
Gate XAG_USDT0.0000%4h66.470+0.105%$147.4M$169.6M100xas long as short
SunX XAG-USDT0.0000%4h66.450+0.075%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.490+0.136%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.460+0.090%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.410+0.015%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.450+0.076%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.404+0.006%$5.5M$12.3M10xas long as short
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.397−0.005%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.4000.000%$795K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.912+0.771%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.436+0.054%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.446+0.069%$3.9M$699K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.396−0.006%$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.350−0.075%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.413+0.020%$592K$21.3M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.470+0.105%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0069%1h66.439+0.059%$165.6M$87.5M25xas long as short
Variational Omni XAG+0.0086%4h66.457+0.085%$5.6M$10.3Mas long as short
Aster XAGUSDT+0.0088%4h66.470+0.105%$2.8M$1.1M100xas long as short
MEXC SILVER_USDT+0.0098%4h66.470+0.105%$114.2M$152.8M1000xas long as short
Pacifica XAG+0.0100%1h66.405+0.007%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.430+0.045%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.4000.000%$126K$26K50xas long as short
Binance XAGUSDT+0.0100%4h66.478+0.117%$191.7M$723.3M100xas long as short
Aevo XAG-PERP+0.0104%1h66.463+0.095%$48K10xas long as short
Paradex XAG-USD-PERP+0.0105%8h66.455+0.082%$30K$1K5xas long as short
edgeX XAGUSDC+0.0110%4h66.444+0.067%$674K$315K30xas long as short
BloFin XAG-USDT+0.0111%4h66.450+0.075%$2.6M$650K100xas long as short
Lighter XAG+0.0112%1h66.452+0.078%$5.2M$10.3M25xas long as short
Bitget XAGUSDT+0.0114%4h66.490+0.136%$24.2M$47.9M100xas long as short
Aftermath Perps XAGUSD+0.0147%1h66.421+0.032%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0152%4h66.460+0.090%$395K$1.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.460+0.090%$1.9M$860K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.470+0.105%$27.6M$66.3M50xas long as short
RISEx XAG/USDC+0.0208%1h66.471+0.107%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0245%1h66.486+0.130%$45K$76K10xas long as short
Nado XAG-PERP+0.0254%1h66.425+0.038%$1.3M$6.5M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.475+0.113%$103K111xas long as short
Hibachi XAG/USDT-P+0.0288%1h66.4000.000%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.450+0.075%$51K$360K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.427+0.041%$768K$569K25xas long as short