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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0299%/8h= +32.8% APRnext payment +$0.37 per $10,000 · paid last 24h +0.072%
Price spread now: Deribit against SoDEX+0.078%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 +$9 a day on $10k at the current rate, and Deribit is 0.078% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD66.7280.0050pay 0.0006% / 1h51m 03s$4K$5K20x
ShortDeribit SILVER_USDC-PERPETUAL66.7800.0349get 0.0044% / 1h51m 03s$51K$348K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$62.86
Price spread: +0.078% → 0.000%
$7.79
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$55.65
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 23 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 Deribit live order book, 23 min ago0.75 bp4.3 bp −$45.9 bp −$59doesn'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
dYdX XAG-USD0.0000%1h66.742+0.022%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.790+0.093%$26.1M$35.3M150xas long as short
Gate XAG_USDT0.0000%4h66.790+0.093%$155.7M$165.4M100xas long as short
SunX XAG-USDT0.0000%4h66.810+0.123%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.800+0.108%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.790+0.093%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.731+0.004%$121K250xas long as short
Hotstuff SILVER-PERP+0.0024%1h66.771+0.064%$36K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.769+0.062%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.724−0.005%$5.4M$13.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.492%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.750+0.033%$803K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.223+0.742%25xas long as short
Phoenix SILVER+0.0048%1h66.759+0.046%$57K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.745+0.025%$166.2M$85.9M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.727−0.001%$3.9M$700K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h66.728long leg$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.660−0.102%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0051%1h66.750+0.033%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.737+0.013%$570K$21.8M8.1xas long as short
Lighter XAG+0.0088%1h66.775+0.071%$5.4M$10.4M25xas long as short
Variational Omni XAG+0.0091%4h66.775+0.070%$5.7M$9.9Mas long as short
Paradex XAG-USD-PERP+0.0091%8h66.778+0.075%$30K$1K5xas long as short
Pacifica XAG+0.0100%1h66.745+0.025%$482K$624K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.760+0.048%$24.7M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.750+0.033%$127K$26K50xas long as short
Aster XAGUSDT+0.0106%4h66.780+0.078%$2.8M$1.1M100xas long as short
Binance XAGUSDT+0.0110%4h66.780+0.078%$192.2M$726.0M100xas long as short
MEXC SILVER_USDT+0.0110%4h66.780+0.078%$116.4M$155.4M1000xas long as short
Aevo XAG-PERP+0.0112%1h66.738+0.014%$48K10xas long as short
edgeX XAGUSDC+0.0115%4h66.802+0.111%$678K$314K30xas long as short
Nado XAG-PERP+0.0132%1h66.718−0.015%$1.3M$6.5M10xas long as short
BloFin XAG-USDT+0.0141%4h66.780+0.078%$2.6M$669K100xas long as short
RISEx XAG/USDC+0.0148%1h66.769+0.062%$1.3M$4.2M20xas long as short
Bitget XAGUSDT+0.0166%4h66.790+0.093%$24.8M$48.8M100xas long as short
Aftermath Perps XAGUSD+0.0176%1h66.750+0.034%$80K$40K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.730+0.003%$1.9M$966K20xas long as short
Bullet SILVER-USD+0.0187%1h66.780+0.078%$45K$76K10xas long as short
OKX XAG-USDT-SWAP+0.0190%8h66.780+0.078%$28.2M$67.6M50xas long as short
Hibachi XAG/USDT-P+0.0232%1h66.752+0.036%$20K$22K10xas long as short
GRVT XAG_USDT_Perp+0.0274%4h66.790+0.093%$397K$1.5M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.795+0.100%$104K111xas long as short
Deribit SILVER_USDC-PERPETUALshort+0.0349%1h66.780+0.078%$51K$348K20x
Kraken Futures PF_XAGUSD+0.0487%1h66.743+0.022%$766K$589K25xas long as short