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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0158%/8h= −17.3% APRnext payment $0.20 per $10,000 · paid last 24h −0.033%
Price spread now: SoDEX against RISEx−0.117%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 feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.117% cheaper against RISEx than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAG/USDC66.4200.0208pay 0.0026% / 1h35m 45s$1.3M$4.2M20x
ShortSoDEX SILVER-USD66.3420.0050get 0.0006% / 1h35m 45s$4K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against RISEx. 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
−$33.2
Price spread: −0.117% → 0.000%
−$11.74
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$58.94
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 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 RISEx live order book, 3 min ago0.44 bp3.4 bp −$34.4 bp −$44doesn't fitdoesn'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
dYdX XAG-USD0.0000%1h66.370−0.076%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.430+0.015%$25.9M$33.7M150xas long as short
Gate XAG_USDT0.0000%4h66.410−0.015%$147.1M$170.5M100xas long as short
SunX XAG-USDT0.0000%4h66.410−0.015%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.440+0.030%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.440+0.030%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.345−0.113%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.400−0.030%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.344−0.114%$5.5M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.030%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.418−0.003%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.340−0.120%$794K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.848+0.644%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.370−0.075%$3.9M$699K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.342−0.117%$4K$5K20x
BloFin XAG-USDT+0.0050%4h66.430+0.015%$2.6M$650K100xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.320−0.151%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.371−0.074%$594K$21.2M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.410−0.015%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.381−0.059%$165.5M$86.9M25xas long as short
Variational Omni XAG+0.0095%4h66.427+0.011%$5.6M$10.1Mas long as short
Aster XAGUSDT+0.0096%4h66.400−0.030%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.379−0.062%$475K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.370−0.075%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.360−0.090%$126K$26K50xas long as short
Paradex XAG-USD-PERP+0.0103%8h66.412−0.012%$30K$1K5xas long as short
MEXC SILVER_USDT+0.0104%4h66.410−0.015%$114.6M$153.0M1000xas long as short
Aevo XAG-PERP+0.0104%1h66.408−0.018%$48K10xas long as short
Binance XAGUSDT+0.0106%4h66.412−0.012%$191.8M$722.7M100xas long as short
edgeX XAGUSDC+0.0107%4h66.436+0.024%$674K$314K30xas long as short
Lighter XAG+0.0112%1h66.403−0.026%$5.2M$10.3M25xas long as short
Bitget XAGUSDT+0.0126%4h66.4200.000%$24.2M$47.9M100xas long as short
Aftermath Perps XAGUSD+0.0154%1h66.387−0.050%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0158%4h66.470+0.075%$395K$1.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.4200.000%$1.9M$847K20xas long as short
Hotstuff SILVER-PERP+0.0184%1h66.388−0.048%$35K$21K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.4200.000%$27.6M$66.1M50xas long as short
RISEx XAG/USDClong+0.0208%1h66.420long leg$1.3M$4.2M20x
Bullet SILVER-USD+0.0247%1h66.413−0.010%$45K$75K10xas long as short
Nado XAG-PERP+0.0258%1h66.346−0.112%$1.3M$6.6M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.405−0.023%$103K111xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.387−0.050%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.400−0.030%$50K$361K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.380−0.061%$767K$566K25xas long as short