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−0.0279%/8h= −30.5% APRpaid last 24h −0.049%
Price spread now: edgeX against Kraken Futures+0.077%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 3 days (all we have)+0.021%+$2 · spread now +0.077%, 7d avg +0.069%
Together, before fees−0.104%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% 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
LongKraken Futures PF_XAGUSD66.3700.0462pay 0.0058% / 1h16m 20s$765K$478K25x
ShortedgeX XAGUSDC66.4210.0184get 0.0092% / 4h2h 16m$674K$315K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$58.51
Price spread: +0.077% → +0.069%
$0.83
Slippage, 4 orders
−$11.97
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$88.65
Costs to cover
0.310%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 52 min ago; edgeX: live order book, 52 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 Kraken Futures live order book, 52 min ago2.75 bp8.9 bp −$913.7 bp −$137doesn't fitdoesn't fit
Sell edgeX live order book, 52 min ago2.25 bp6.8 bp −$76.8 bp −$689.2 bp −$91621.4 bp −$10.7K

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%1h66.363−0.010%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.410+0.060%$153.1M$164.3M100xas long as short
SunX XAG-USDT0.0000%4h66.430+0.091%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.450+0.121%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.440+0.106%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.319−0.077%$120K250xas long as short
Hotstuff SILVER-PERP+0.0024%1h66.375+0.008%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.397+0.040%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.340−0.045%$5.4M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.045%$11K$94K52xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.390+0.030%$799K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.846+0.717%25xas long as short
Phoenix SILVER+0.0048%1h66.402+0.048%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.378+0.012%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.339−0.047%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.300−0.105%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.380+0.015%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0062%24h66.362−0.012%$542K$23.7M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.412+0.064%$1.2M$4.4M20xas long as short
tradeXYZ xyz:SILVER+0.0099%1h66.368−0.003%$166.0M$76.1M25xas long as short
Pacifica XAG+0.0100%1h66.354−0.024%$472K$606K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.380+0.015%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.380+0.015%$126K$23K50xas long as short
Bybit XAGUSDT+0.0128%4h66.400+0.045%$26.6M$36.4M150xas long as short
Aster XAGUSDT+0.0132%4h66.409+0.059%$2.8M$939K100xas long as short
Paradex XAG-USD-PERP+0.0136%8h66.403+0.051%$30K$1K5xas long as short
Variational Omni XAG+0.0159%4h66.443+0.110%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0168%1h66.407+0.055%$48K10xas long as short
MEXC SILVER_USDT+0.0176%4h66.400+0.045%$102.8M$158.5M1000xas long as short
Binance XAGUSDT+0.0179%4h66.390+0.030%$192.3M$706.4M100xas long as short
edgeX XAGUSDCshort+0.0184%4h66.421+0.077%$674K$315K30x
Coinbase International SILVER-PERP-INTX+0.0184%1h66.410+0.060%$1.9M$971K20xas long as short
Lighter XAG+0.0192%1h66.402+0.048%$5.3M$10.6M25xas long as short
OKX XAG-USDT-SWAP+0.0210%8h66.3700.000%$28.0M$65.7M50xas long as short
Nado XAG-PERP+0.0223%1h66.355−0.023%$1.3M$6.5M10xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.365−0.008%$20K$22K10xas long as short
Aftermath Perps XAGUSD+0.0233%1h66.381+0.017%$80K$38K10xas long as short
Bitget XAGUSDT+0.0248%4h66.410+0.060%$23.9M$46.0M100xas long as short
GRVT XAG_USDT_Perp+0.0266%4h66.450+0.121%$395K$1.5M25xas long as short
Bullet SILVER-USD+0.0287%1h66.408+0.057%$46K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.435+0.098%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.390+0.030%$50K$325K20xas long as short
Kraken Futures PF_XAGUSDlong+0.0462%1h66.370long leg$765K$478K25x