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+0.0025%/8h= +2.8% APRpaid last 24h +0.029%
Price spread now: edgeX against Lighter RH+0.004%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.004%, 7d avg +0.025%
Together, before fees+0.121%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.022% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.025%). If the spread goes back, that is −$2 on $10k: about 2.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.019% in total) that is about 7.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG65.3140.0032pay 0.0004% / 1h49m 35s$4.6M$9.7M25x
ShortedgeX XAGUSDC65.3170.0057get 0.0029% / 4h49m 35s$665K$313K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Lighter RH. 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
$5.34
Price spread: +0.004% → +0.025%
−$2.15
Slippage, 4 orders
−$8.84
Fee Lighter RH: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$14.65
Costs to cover
0.178%
Break-even
26.2 days
Slippage from Lighter RH: live order book, 4 min ago; edgeX: live order book, 54 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 Lighter RH live order book, 4 min ago2.06 bp2.1 bp −$22.9 bp −$2925.4 bp −$2,536doesn't fit
Sell edgeX live order book, 54 min ago2.29 bp6.8 bp −$76.8 bp −$689.2 bp −$92421.4 bp −$10.7K

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−0.0057%1h65.190−0.190%$5.6M$9.6M25xas long as short
dYdX XAG-USD0.0000%1h65.287−0.041%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.330+0.024%$27.7M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.320+0.009%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.360+0.070%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.360+0.070%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.261−0.081%$118K250xas long as short
Variational Omni XAG+0.0016%4h65.312−0.003%$5.5M$9.1Mas long as short
Gate XAG_USDT+0.0030%4h65.380+0.101%$141.3M$176.8M100xas long as short
Aster XAGUSDT+0.0030%4h65.317+0.004%$2.7M$951K100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAGlong+0.0032%1h65.314long leg$4.6M$9.7M25x
Extended XAG-USD+0.0032%1h65.303−0.017%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.662%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0040%4h65.320+0.009%$117.4M$157.0M1000xas long as short
StandX XAG-USD+0.0040%1h65.310−0.007%$786K$2.9M40xas long as short
Binance XAGUSDT+0.0041%4h65.320+0.009%$191.6M$761.2M100xas long as short
QFEX SILVER-USD+0.0044%1h65.300−0.022%$152K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.734+0.643%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.288−0.040%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.281−0.051%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.342+0.043%$29K$1K5xas long as short
Aevo XAG-PERP+0.0056%1h65.307−0.012%$47K10xas long as short
edgeX XAGUSDCshort+0.0057%4h65.317+0.004%$665K$313K30x
Phoenix SILVER+0.0061%1h65.287−0.042%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0077%1h65.332+0.027%$169.7M$81.6M25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.293−0.033%$477K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.360+0.070%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.289−0.039%$469K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330+0.024%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.260−0.083%$112K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.321+0.010%$1.2M$4.9M20xas long as short
GRVT XAG_USDT_Perp+0.0134%4h65.317+0.004%$384K$1.6M25xas long as short
Lighter XAG+0.0160%1h65.343+0.044%$5.3M$11.1M25xas long as short
Bitget XAGUSDT+0.0166%4h65.310−0.007%$23.7M$45.4M100xas long as short
BloFin XAG-USDT+0.0166%4h65.330+0.024%$2.7M$582K100xas long as short
Nado XAG-PERP+0.0166%1h65.272−0.065%$1.2M$4.8M10xas long as short
Hibachi XAG/USDT-P+0.0168%1h65.287−0.041%$20K$17K10xas long as short
OKX XAG-USDT-SWAP+0.0176%8h65.340+0.039%$28.1M$70.6M50xas long as short
Hotstuff SILVER-PERP+0.0192%1h65.332+0.027%$35K$21K20xas long as short
Aftermath Perps XAGUSD+0.0209%1h65.303−0.018%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.320+0.009%$65K$387K20xas long as short
Bullet SILVER-USD+0.0225%1h65.326+0.018%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.325+0.016%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.294−0.031%$1.0M$872K25xas long as short