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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Extended against Phoenix+0.016%88s7-day average · you sell dearer than you buy
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 7 days−0.022%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix SILVER65.0470.0061pay 0.0008% / 1h21m 53s$55K$31K25x
ShortExtended XAG-USD65.0570.0032get 0.0004% / 1h21m 53s$5.0M$11.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phoenix. 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
−$6.15
Price spread: +0.016% → 0.000%
$1.55
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.6
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Extended: live order book, 2 min ago. 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 Phoenix no order-book sample
Sell Extended live order book, 2 min ago0.08 bp2.6 bp −$33.8 bp −$3810.2 bp −$1,017doesn't fit
Phoenix: 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−0.0031%1h65.030−0.026%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.070+0.035%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.140+0.143%$27.7M$39.2M150xas long as short
Variational Omni XAG0.0000%4h65.043−0.006%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.090+0.066%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.110+0.097%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.120+0.112%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.021−0.039%$118K250xas long as short
MEXC SILVER_USDT+0.0030%4h65.110+0.097%$124.7M$160.5M1000xas long as short
Binance XAGUSDT+0.0030%4h65.120+0.112%$191.5M$757.6M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.089+0.064%$4.6M$9.9M25xas long as short
Extended XAG-USDshort+0.0032%1h65.057+0.016%$5.0M$11.7M10x
Aster XAGUSDT+0.0032%4h65.120+0.112%$2.7M$971K100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.080%$11K$94K52xas long as short
Gate XAG_USDT+0.0034%4h65.140+0.143%$140.4M$180.7M100xas long as short
edgeX XAGUSDC+0.0035%4h65.061+0.021%$662K$312K30xas long as short
StandX XAG-USD+0.0040%1h65.140+0.143%$784K$2.9M40xas long as short
QFEX SILVER-USD+0.0044%1h65.120+0.112%$160K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.510+0.712%25xas long as short
Aevo XAG-PERP+0.0048%1h65.073+0.041%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.073+0.040%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.024−0.035%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.126+0.121%$29K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0059%1h65.071+0.037%$172.2M$83.9M25xas long as short
Phoenix SILVERlong+0.0061%1h65.047long leg$55K$31K25x
Kalshi KXSILVERPERP+0.0080%24h65.099+0.080%$475K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h64.970−0.118%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.090+0.065%$463K$606K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.080+0.051%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.980−0.103%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.139+0.141%$1.2M$4.8M20xas long as short
BloFin XAG-USDT+0.0120%4h65.170+0.189%$2.7M$624K100xas long as short
GRVT XAG_USDT_Perp+0.0132%4h65.067+0.030%$386K$1.6M25xas long as short
Hotstuff SILVER-PERP+0.0152%1h65.121+0.114%$35K$21K20xas long as short
Bitget XAGUSDT+0.0154%4h65.110+0.097%$23.2M$44.9M100xas long as short
Nado XAG-PERP+0.0164%1h65.095+0.074%$1.2M$4.7M10xas long as short
OKX XAG-USDT-SWAP+0.0169%8h65.140+0.143%$28.3M$70.4M50xas long as short
Lighter XAG+0.0176%1h65.090+0.065%$5.3M$11.2M25xas long as short
Aftermath Perps XAGUSD+0.0195%1h65.097+0.077%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0211%1h65.060+0.020%$65K$394K20xas long as short
Bullet SILVER-USD+0.0230%1h65.098+0.079%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.091+0.068%$20K$17K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.085+0.058%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0364%1h65.066+0.030%$1.0M$869K25xas long as short