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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.50 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin+0.076%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$830.834% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.129%−$13 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.076%, 7d avg +0.071%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAGUSDTM66.0300.0100pay 0.0050% / 4h3h 05m$24.4M$4.5M75x
ShortSunX XAG-USDT66.0800get 0.0000% / 4h3h 05m$2K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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
−$21
Price spread: +0.076% → +0.071%
$0.42
Slippage, 4 orders
−$63.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$103.96
Costs to cover
0.834%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; SunX: live order book, 12 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 KuCoin live order book, 8 min ago0.76 bp8.1 bp −$815.7 bp −$157doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago29.51 bp33.5 bp −$3463.1 bp −$631doesn't fitdoesn't fit

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
Ondo Perps XAG-USD.P−0.0053%1h65.950−0.121%$5.7M$9.2M25xas long as short
Hotstuff SILVER-PERP−0.0016%1h66.012−0.027%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.989−0.063%$14K$665xas long as short
SunX XAG-USDTshort0.0000%4h66.080+0.076%$2K$2.6M20x
HTX XAG-USDT0.0000%4h66.100+0.106%$1.0M$980K75xas long as short
Phemex XAGUSDT0.0000%4h66.060+0.045%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.994−0.055%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.050+0.031%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.998−0.049%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.560%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.020−0.015%$794K$3.0M40xas long as short
Gate XAG_USDT+0.0044%4h66.070+0.061%$149.8M$164.4M100xas long as short
Vest SI-PERP+0.0046%1h66.475+0.674%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.025−0.008%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.994−0.055%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.046+0.024%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.040+0.015%$114K$2.7M20xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.023−0.011%$166.3M$73.8M25xas long as short
Phoenix SILVER+0.0073%1h65.977−0.080%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0074%24h66.020−0.015%$479K$26.6M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.059+0.044%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.994−0.055%$469K$604K10xas long as short
KuCoin XAGUSDTMlong+0.0100%4h66.030long leg$24.4M$4.5M75x
ApeX Omni XAGUSDT+0.0100%1h65.960−0.106%$113K$30K50xas long as short
Bybit XAGUSDT+0.0100%4h66.080+0.076%$27.8M$36.5M150xas long as short
Lighter XAG+0.0120%1h66.054+0.036%$5.2M$10.9M25xas long as short
Aster XAGUSDT+0.0120%4h66.050+0.030%$2.7M$866K100xas long as short
Variational Omni XAG+0.0164%4h66.053+0.035%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.046+0.024%$47K10xas long as short
MEXC SILVER_USDT+0.0174%4h66.060+0.045%$114.5M$152.8M1000xas long as short
Binance XAGUSDT+0.0175%4h66.060+0.045%$190.9M$703.1M100xas long as short
edgeX XAGUSDC+0.0182%4h66.013−0.026%$670K$311K30xas long as short
Nado XAG-PERP+0.0186%1h66.013−0.025%$1.4M$5.8M10xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.020−0.015%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.0300.000%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.028−0.004%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.076%$1.8M$1.0M20xas long as short
BloFin XAG-USDT+0.0224%4h66.0300.000%$2.6M$569K100xas long as short
OKX XAG-USDT-SWAP+0.0224%8h66.070+0.061%$27.7M$64.6M50xas long as short
Bitget XAGUSDT+0.0228%4h66.060+0.045%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0236%1h66.063+0.050%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.017−0.020%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.065+0.053%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.039+0.014%$911K$685K25xas long as short