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+0.0134%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.050%
Price spread now: Bullet against SoDEX+0.109%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 +$4 a day on $10k at the current rate, and Bullet is 0.109% dearer against SoDEX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD65.3080.0050pay 0.0006% / 1h17m 19s$3K$6K20x
ShortBullet SILVER-USD65.3790.0184get 0.0023% / 1h17m 19s$44K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$28.08
Price spread: +0.109% → 0.000%
$10.9
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
$22.98
Costs to cover
0.160%
Break-even
1.3 days
Slippage unknown: SoDEX: no order-book sample; Bullet: 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 SoDEX no order-book sample
Sell Bullet no order-book sample
SoDEX and Bullet: 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
Hibachi XAG/USDT-P−0.0144%1h65.301−0.011%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0079%1h65.270−0.058%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.343+0.054%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.306−0.004%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.380+0.110%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.400+0.141%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.410+0.156%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.126%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.296−0.018%$118K250xas long as short
Gate XAG_USDT+0.0026%4h65.390+0.126%$141.3M$183.5M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAG+0.0028%4h65.404+0.146%$5.5M$9.4Mas long as short
Lighter RH XAG+0.0032%1h65.389+0.124%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.312+0.006%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.672%$11K$94K52xas long as short
Aster XAGUSDT+0.0034%4h65.379+0.109%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.350+0.064%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.782+0.726%25xas long as short
QFEX SILVER-USD+0.0050%1h65.370+0.095%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.336+0.043%$170.3M$83.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.339+0.047%$3.8M$856K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h65.308long leg$3K$6K20x
MEXC SILVER_USDT+0.0052%4h65.370+0.095%$116.5M$157.6M1000xas long as short
Binance XAGUSDT+0.0054%4h65.380+0.110%$191.0M$766.2M100xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.373+0.100%$29K$1K5xas long as short
edgeX XAGUSDC+0.0058%4h65.339+0.047%$665K$314K30xas long as short
RISEx XAG/USDC+0.0061%1h65.388+0.122%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.371+0.096%$56K$31K25xas long as short
Aevo XAG-PERP+0.0064%1h65.366+0.088%$47K10xas long as short
Kalshi KXSILVERPERP+0.0078%24h65.331+0.035%$507K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.325+0.026%$469K$628K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.350+0.064%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.360+0.080%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0118%4h65.365+0.088%$391K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.290−0.028%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0134%1h65.346+0.058%$1.2M$5.2M10xas long as short
Lighter XAG+0.0152%1h65.392+0.129%$5.3M$11.5M25xas long as short
Bitget XAGUSDT+0.0170%4h65.380+0.110%$23.8M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0182%8h65.390+0.126%$28.0M$71.0M50xas long as short
Bullet SILVER-USDshort+0.0184%1h65.379+0.109%$44K$76K10x
Aftermath Perps XAGUSD+0.0211%1h65.337+0.044%$79K$37K10xas long as short
BloFin XAG-USDT+0.0214%4h65.370+0.095%$2.6M$600K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0272% / S −0.0241%1h65.365+0.087%$93K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.360+0.080%$65K$380K20xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.352+0.067%$916K$746K25xas long as short