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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.010%
Price spread now: tradeXYZ against RISEx−0.044%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.284% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.028%−$3 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.044%, 7d avg −0.066%
Together, before fees−0.029%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.022% dearer against RISEx than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAG/USDC66.1240.0137pay 0.0017% / 1h33m 56s$1.3M$4.5M20x
ShorttradeXYZ xyz:SILVER66.0950.0133get 0.0017% / 1h33m 56s$165.5M$74.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$0.8
Price spread: −0.044% → −0.066%
$2.19
Slippage, 4 orders
−$4.35
Fee RISEx: 3 bp × 2 orders
−$6
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$26.96
Costs to cover
0.284%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; tradeXYZ: live order book, 6 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 RISEx live order book, 5 min ago1.45 bp4.5 bp −$45.7 bp −$57doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.15 bp10.0 bp −$1010.9 bp −$109doesn't fitdoesn'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
dYdX XAG-USD0.0000%1h66.022−0.153%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.150+0.040%$150.1M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.140+0.024%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.160+0.055%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.130+0.009%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.056−0.102%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.108−0.024%$4.7M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.063−0.091%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.418%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.110−0.021%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.549+0.643%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.092−0.048%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.052−0.109%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.010−0.172%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.120−0.006%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.050−0.112%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.085−0.059%$518K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.068−0.084%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.100−0.036%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.070−0.081%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.074−0.075%$35K$21K20xas long as short
tradeXYZ xyz:SILVERshort+0.0133%1h66.095−0.044%$165.5M$74.0M25x
RISEx XAG/USDClong+0.0137%1h66.124long leg$1.3M$4.5M20x
Aster XAGUSDT+0.0145%4h66.100−0.036%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0151%8h66.120−0.006%$30K$1K5xas long as short
Bybit XAGUSDT+0.0159%4h66.160+0.055%$27.0M$36.1M150xas long as short
Nado XAG-PERP+0.0195%1h66.060−0.097%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.119−0.007%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.117−0.011%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.009%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110−0.021%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123−0.001%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.140+0.024%$109.2M$152.5M1000xas long as short
Binance XAGUSDT+0.0216%4h66.140+0.024%$192.8M$700.9M100xas long as short
edgeX XAGUSDC+0.0220%4h66.135+0.016%$671K$311K30xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.091−0.050%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.140+0.024%$27.8M$65.5M50xas long as short
Bitget XAGUSDT+0.0260%4h66.130+0.009%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0286%4h66.160+0.055%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0309%1h66.129+0.008%$45K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.100−0.036%$62K$348K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0376% / S −0.0410%1h66.135+0.017%$103K111xas long as short
Hibachi XAG/USDT-P+0.0376%1h66.080−0.066%$20K$19K10xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.088−0.054%$912K$676K25xas long as short