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−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.035%
Price spread now: SoDEX against Nado−0.054%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.054% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAG-PERP65.2070.0154pay 0.0019% / 1h10m 24s$1.2M$4.7M10x
ShortSoDEX SILVER-USD65.1720.0050get 0.0006% / 1h10m 24s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. 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
−$21.85
Price spread: −0.054% → 0.000%
−$5.36
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$42.21
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 4 min ago; SoDEX: 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 Nado live order book, 4 min ago0.38 bp4.8 bp −$59.3 bp −$9334.8 bp −$3,479doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Ondo Perps XAG-USD.P−0.0027%1h65.130−0.118%$5.7M$9.8M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.199−0.012%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.197−0.015%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.250+0.066%$27.7M$39.1M150xas long as short
Variational Omni XAG0.0000%4h65.227+0.031%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.230+0.035%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.280+0.112%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.230+0.035%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.172−0.054%$118K250xas long as short
Gate XAG_USDT+0.0028%4h65.250+0.066%$140.6M$181.5M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.228+0.032%$4.6M$9.9M25xas long as short
Extended XAG-USD+0.0032%1h65.180−0.041%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.830%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.240+0.051%$125.9M$162.2M1000xas long as short
Binance XAGUSDT+0.0035%4h65.239+0.049%$191.6M$755.3M100xas long as short
Aster XAGUSDT+0.0040%4h65.245+0.059%$2.7M$976K100xas long as short
StandX XAG-USD+0.0040%1h65.250+0.066%$785K$3.0M40xas long as short
QFEX SILVER-USD+0.0044%1h65.230+0.035%$161K$1.4M20xas long as short
edgeX XAGUSDC+0.0046%4h65.107−0.153%$663K$314K30xas long as short
Vest SI-PERP+0.0046%1h65.658+0.692%25xas long as short
Aevo XAG-PERP+0.0048%1h65.231+0.038%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.215+0.012%$3.8M$892K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h65.172−0.054%$3K$6K20x
Paradex XAG-USD-PERP+0.0054%8h65.212+0.007%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.211+0.006%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0068%1h65.212+0.008%$173.3M$84.9M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.249+0.065%$483K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h64.970−0.363%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.182−0.038%$464K$600K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.210+0.005%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.180−0.041%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.252+0.070%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0143%4h65.240+0.051%$2.7M$626K100xas long as short
GRVT XAG_USDT_Perp+0.0146%4h65.293+0.132%$395K$1.6M25xas long as short
Nado XAG-PERPlong+0.0154%1h65.207long leg$1.2M$4.7M10x
Bitget XAGUSDT+0.0160%4h65.240+0.051%$23.2M$44.8M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.240+0.051%$28.4M$70.5M50xas long as short
Lighter XAG+0.0184%1h65.225+0.027%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0192%1h65.173−0.053%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0210%1h65.220+0.020%$65K$397K20xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.239+0.049%$20K$17K10xas long as short
Bullet SILVER-USD+0.0235%1h65.243+0.055%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.235+0.043%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0364%1h65.211+0.007%$1.0M$869K25xas long as short