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−0.0096%/8h= −10.5% APRnext payment $0.48 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against MEXC+0.138%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$240.242% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.138%, 7d avg +0.073%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.064% dearer against MEXC than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of +0.073%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.063% in total) that is about 7.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SILVER_USDT65.4200.0096pay 0.0048% / 4h1h 51m$113.3M$156.4M1000x
ShortHTX XAG-USDT65.5100get 0.0000% / 4h1h 51m$1.1M$1.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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
−$20.16
Price spread: +0.138% → +0.073%
$6.44
Slippage, 4 orders
−$12.17
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.88
Costs to cover
0.242%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; HTX: live order book, 2 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 MEXC live order book, 3 min ago0.76 bp0.8 bp −$10.8 bp −$81.3 bp −$1323.2 bp −$1,617
Sell HTX live order book, 2 min ago3.81 bp12.8 bp −$1312.9 bp −$12915.2 bp −$1,516doesn'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
Hibachi XAG/USDT-P−0.0120%1h65.433+0.019%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0048%1h65.300−0.183%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.406−0.021%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.490+0.107%$2K$2.6M20xas long as short
HTX XAG-USDTshort0.0000%4h65.510+0.138%$1.1M$1.1M75x
Phemex XAGUSDT0.0000%4h65.500+0.122%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.431+0.017%$118K250xas long as short
Gate XAG_USDT+0.0026%4h65.460+0.061%$142.0M$177.3M100xas long as short
Lighter RH XAG+0.0032%1h65.416−0.006%$4.7M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.392−0.043%$5.1M$11.6M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400+1.498%$11K$94K52xas long as short
Hotstuff SILVER-PERP+0.0040%1h65.460+0.061%$35K$21K20xas long as short
StandX XAG-USD+0.0040%1h65.500+0.122%$788K$3.0M40xas long as short
Bybit XAGUSDT+0.0045%4h65.450+0.046%$28.5M$39.4M150xas long as short
Vest SI-PERP+0.0046%1h65.877+0.699%25xas long as short
QFEX SILVER-USD+0.0050%1h65.430+0.015%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.399−0.032%$170.5M$83.0M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.404−0.024%$3.9M$716K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.435+0.023%$3K$6K20xas long as short
Aster XAGUSDT+0.0055%4h65.450+0.046%$2.7M$955K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0056%1h65.460+0.061%$66K$370K20xas long as short
Paradex XAG-USD-PERP+0.0059%8h65.421+0.002%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.438+0.028%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.561+0.216%$56K$31K25xas long as short
Lighter XAG+0.0072%1h65.413−0.010%$5.4M$11.2M25xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.450+0.046%$467K$29.2M8.1xas long as short
MEXC SILVER_USDTlong+0.0096%4h65.420long leg$113.3M$156.4M1000x
Binance XAGUSDT+0.0096%4h65.430+0.015%$188.2M$754.3M100xas long as short
Variational Omni XAG+0.0096%4h65.634+0.326%$5.5M$9.4Mas long as short
Pacifica XAG+0.0100%1h65.386−0.051%$467K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.400−0.031%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.470+0.076%$112K$19K50xas long as short
Aevo XAG-PERP+0.0104%1h65.473+0.080%$47K10xas long as short
edgeX XAGUSDC+0.0108%4h65.508+0.134%$667K$313K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.430+0.015%$1.6M$1.3M20xas long as short
Nado XAG-PERP+0.0121%1h65.465+0.069%$1.2M$5.5M10xas long as short
GRVT XAG_USDT_Perp+0.0142%4h65.500+0.122%$394K$1.6M25xas long as short
Bullet SILVER-USD+0.0169%1h65.499+0.121%$44K$76K10xas long as short
Bitget XAGUSDT+0.0194%4h65.440+0.031%$23.8M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0197%8h65.440+0.031%$27.7M$70.8M50xas long as short
Aftermath Perps XAGUSD+0.0212%1h65.515+0.145%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0321% / S −0.0301%1h65.475+0.084%$93K111xas long as short
BloFin XAG-USDT+0.0339%4h65.520+0.153%$2.6M$618K100xas long as short
Kraken Futures PF_XAGUSD+0.0492%1h65.447+0.042%$917K$740K25xas long as short