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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against SoDEX+0.054%7-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 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.054% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD65.3350.0050pay 0.0006% / 1h55m 07s$3K$6K20x
ShortApeX Omni XAGUSDT65.3700.0100get 0.0013% / 1h55m 07s$112K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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
$10.5
Price spread: +0.054% → 0.000%
$5.36
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$2.14
Costs to cover
0.180%
Break-even
8.4 days
Slippage unknown: SoDEX: no order-book sample; ApeX Omni: live order book, 45 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 SoDEX no order-book sample
Sell ApeX Omni live order book, 45 min ago8.41 bp17.1 bp −$1767.5 bp −$675doesn't fitdoesn't fit
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−0.0055%1h65.270−0.099%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.352+0.025%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.410+0.115%$27.8M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.380+0.069%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.420+0.130%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.420+0.130%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.320−0.022%$118K250xas long as short
Hotstuff SILVER-PERP+0.0024%1h65.360+0.038%$35K$21K20xas long as short
Variational Omni XAG+0.0027%4h65.403+0.104%$5.5M$9.1Mas long as short
Lighter RH XAG+0.0032%1h65.402+0.103%$4.6M$9.7M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.322−0.020%$5.1M$11.6M10xas long as short
Gate XAG_USDT+0.0032%4h65.420+0.130%$141.3M$176.4M100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.630%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.420+0.130%$787K$2.9M40xas long as short
Aster XAGUSDT+0.0041%4h65.412+0.118%$2.7M$954K100xas long as short
QFEX SILVER-USD+0.0044%1h65.370+0.054%$152K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.800+0.712%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.350+0.023%$3.8M$856K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h65.335long leg$3K$6K20x
Paradex XAG-USD-PERP+0.0053%8h65.366+0.047%$29K$1K5xas long as short
MEXC SILVER_USDT+0.0054%4h65.390+0.084%$117.0M$156.0M1000xas long as short
Binance XAGUSDT+0.0054%4h65.400+0.099%$191.6M$761.9M100xas long as short
Phoenix SILVER+0.0061%1h65.294−0.063%$56K$31K25xas long as short
edgeX XAGUSDC+0.0064%4h65.368+0.051%$665K$312K30xas long as short
Aevo XAG-PERP+0.0072%1h65.382+0.072%$47K10xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.359+0.037%$469K$31.5M8.1xas long as short
tradeXYZ xyz:SILVER+0.0084%1h65.360+0.038%$170.6M$83.3M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.230−0.161%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.325−0.015%$469K$621K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.360+0.038%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h65.370+0.054%$112K$19K50x
RISEx XAG/USDC+0.0118%1h65.394+0.090%$1.2M$4.9M20xas long as short
Nado XAG-PERP+0.0145%1h65.349+0.022%$1.2M$4.9M10xas long as short
GRVT XAG_USDT_Perp+0.0146%4h65.440+0.160%$391K$1.6M25xas long as short
Lighter XAG+0.0160%1h65.407+0.110%$5.3M$11.1M25xas long as short
Hibachi XAG/USDT-P+0.0160%1h65.354+0.029%$20K$17K10xas long as short
Bitget XAGUSDT+0.0170%4h65.400+0.099%$23.7M$45.7M100xas long as short
OKX XAG-USDT-SWAP+0.0182%8h65.390+0.084%$28.1M$70.7M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.380+0.069%$66K$386K20xas long as short
Aftermath Perps XAGUSD+0.0210%1h65.340+0.008%$79K$37K10xas long as short
BloFin XAG-USDT+0.0216%4h65.380+0.069%$2.7M$583K100xas long as short
Bullet SILVER-USD+0.0234%1h65.392+0.088%$44K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.385+0.077%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.361+0.040%$1.0M$873K25xas long as short