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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0387%/8h= −42.4% APRnext payment $0.48 per $10,000 · paid last 24h −0.058%
Price spread now: Aevo against Kraken Futures−0.099%55s7-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 −$12 a day on $10k at the current rate, and Aevo is 0.099% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XAGUSD65.5630.0491pay 0.0061% / 1h54m 20s$914K$735K25x
ShortAevo XAG-PERP65.4980.0104get 0.0013% / 1h54m 20s$47K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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
−$81.28
Price spread: −0.099% → 0.000%
−$9.88
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$117.16
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 54 min ago; Aevo: 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 Kraken Futures live order book, 54 min ago3.47 bp9.2 bp −$915.0 bp −$150102.5 bp −$10.2Kdoesn't fit
Sell Aevo no order-book sample
Aevo: 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
Hibachi XAG/USDT-P−0.0112%1h65.527−0.055%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0024%1h65.400−0.249%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.471−0.141%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.530−0.050%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.660+0.148%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.590+0.041%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.454−0.167%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.505−0.089%$4.7M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.457−0.161%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.277%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDT+0.0034%4h65.520−0.066%$143.9M$176.7M100xas long as short
Phoenix SILVER+0.0036%1h65.581+0.027%$56K$31K25xas long as short
StandX XAG-USD+0.0040%1h65.580+0.026%$789K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.937+0.570%25xas long as short
QFEX SILVER-USD+0.0050%1h65.490−0.111%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.463−0.153%$170.6M$82.8M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.452−0.169%$3.9M$712K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.533−0.046%$3K$6K20xas long as short
Aster XAGUSDT+0.0058%4h65.510−0.081%$2.7M$955K100xas long as short
Paradex XAG-USD-PERP+0.0060%8h65.504−0.090%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.502−0.093%$1.2M$4.9M20xas long as short
Bybit XAGUSDT+0.0066%4h65.520−0.066%$28.7M$39.4M150xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.562−0.002%$468K$29.2M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h65.553−0.015%$35K$21K20xas long as short
Variational Omni XAG+0.0096%4h65.634+0.108%$5.5M$9.4Mas long as short
Binance XAGUSDT+0.0099%4h65.501−0.095%$188.4M$747.8M100xas long as short
Pacifica XAG+0.0100%1h65.471−0.141%$468K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.460−0.157%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.610+0.072%$112K$19K50xas long as short
MEXC SILVER_USDT+0.0102%4h65.480−0.127%$113.5M$156.3M1000xas long as short
Lighter XAG+0.0104%1h65.516−0.072%$5.4M$11.2M25xas long as short
Aevo XAG-PERPshort+0.0104%1h65.498−0.099%$47K10x
Nado XAG-PERP+0.0112%1h65.448−0.176%$1.2M$5.5M10xas long as short
edgeX XAGUSDC+0.0119%4h65.591+0.043%$668K$314K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.590+0.041%$1.6M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0148%4h65.631+0.103%$395K$1.6M25xas long as short
Bullet SILVER-USD+0.0164%1h65.508−0.084%$44K$76K10xas long as short
Bitget XAGUSDT+0.0196%4h65.510−0.081%$23.8M$46.3M100xas long as short
OKX XAG-USDT-SWAP+0.0202%8h65.520−0.066%$27.8M$70.5M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0208%1h65.500−0.096%$66K$370K20xas long as short
Aftermath Perps XAGUSD+0.0209%1h65.548−0.023%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0321% / S −0.0301%1h65.515−0.073%$93K111xas long as short
BloFin XAG-USDT+0.0342%4h65.610+0.072%$2.6M$619K100xas long as short
Kraken Futures PF_XAGUSDlong+0.0491%1h65.563long leg$914K$735K25x