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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.026%
Price spread now: Extended against OKX−0.124%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as 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+0.033%+$3 on $10k
Price spread, last 7 days+0.090%+$9 · spread now −0.124%, 7d avg −0.065%
Together, before fees+0.123%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.058% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% 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
LongOKX XAG-USDT-SWAP66.3600.0217pay 0.0217% / 8h5h 55m$27.9M$65.7M50x
ShortExtended XAG-USD66.2780.0032get 0.0004% / 1h55m 42s$5.3M$12.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
−$38.94
Price spread: −0.124% → −0.065%
−$5.83
Slippage, 4 orders
−$2.8
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$62.58
Costs to cover
0.178%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 3 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 OKX live order book, 3 min ago0.75 bp5.8 bp −$67.0 bp −$7013.3 bp −$1,325doesn't fit
Sell Extended live order book, 3 min ago0.08 bp2.6 bp −$33.7 bp −$379.0 bp −$895doesn't fit

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%1h66.359−0.002%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.3600.000%$152.1M$161.4M100xas long as short
SunX XAG-USDT0.0000%4h66.380+0.030%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.390+0.045%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.370+0.015%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.288−0.108%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.328−0.048%$4.8M$9.4M25xas long as short
Extended XAG-USDshort+0.0032%1h66.278−0.124%$5.3M$12.2M10x
Injective XAG/USDC PERP+0.0033%1h66.400+0.060%$11K$94K52xas long as short
Ondo Perps XAG-USD.P+0.0039%1h66.290−0.105%$5.7M$9.7M25xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.440+0.121%$799K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.807+0.674%25xas long as short
Phoenix SILVER+0.0048%1h66.307−0.080%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.325−0.053%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.281−0.119%$3K$6K20xas long as short
QFEX SILVER-USD+0.0062%1h66.370+0.015%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0063%24h66.350−0.015%$543K$24.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.335−0.037%$472K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.300−0.090%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.290−0.105%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0103%1h66.307−0.080%$165.9M$75.8M25xas long as short
Paradex XAG-USD-PERP+0.0141%8h66.371+0.016%$30K$1K5xas long as short
Aster XAGUSDT+0.0143%4h66.350−0.015%$2.7M$941K100xas long as short
Bybit XAGUSDT+0.0146%4h66.370+0.015%$26.7M$36.2M150xas long as short
Hotstuff SILVER-PERP+0.0160%1h66.342−0.027%$35K$21K20xas long as short
Lighter XAG+0.0168%1h66.354−0.008%$5.3M$10.4M25xas long as short
Aevo XAG-PERP+0.0176%1h66.355−0.008%$48K10xas long as short
Variational Omni XAG+0.0178%4h66.354−0.009%$5.5M$9.8Mas long as short
RISEx XAG/USDC+0.0181%1h66.388+0.042%$1.2M$4.4M20xas long as short
MEXC SILVER_USDT+0.0192%4h66.350−0.015%$111.6M$151.6M1000xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.320−0.060%$1.9M$971K20xas long as short
Binance XAGUSDT+0.0192%4h66.355−0.007%$192.2M$706.7M100xas long as short
edgeX XAGUSDC+0.0197%4h66.335−0.038%$673K$315K30xas long as short
OKX XAG-USDT-SWAPlong+0.0217%8h66.360long leg$27.9M$65.7M50x
Hibachi XAG/USDT-P+0.0224%1h66.338−0.034%$20K$22K10xas long as short
Aftermath Perps XAGUSD+0.0235%1h66.345−0.022%$80K$38K10xas long as short
Nado XAG-PERP+0.0253%1h66.327−0.049%$1.3M$6.6M10xas long as short
Bitget XAGUSDT+0.0256%4h66.350−0.015%$23.9M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0280%4h66.367+0.010%$398K$1.5M25xas long as short
Bullet SILVER-USD+0.0294%1h66.367+0.011%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0328% / S −0.0338%1h66.365+0.008%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.330−0.045%$50K$326K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.321−0.059%$765K$478K25xas long as short