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: dYdX against SoDEX+0.042%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
The price spread pays, funding is against you. dYdX is 0.042% dearer against SoDEX than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD65.1700.0050pay 0.0006% / 1h10m 53s$3K$6K20x
ShortdYdX XAG-USD65.1970get 0.0000% / 1h10m 53s$12K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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: +0.042% → 0.000%
$4.21
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$24.29
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; dYdX: 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 dYdX no order-book sample
SoDEX and dYdX: 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−0.0028%1h65.1700.000%$5.7M$9.8M25xas long as short
dYdX XAG-USDshort0.0000%1h65.197+0.042%$12K$5K5x
Bybit XAGUSDT0.0000%4h65.220+0.077%$27.7M$39.1M150xas long as short
Variational Omni XAG0.0000%4h65.227+0.087%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.240+0.107%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.280+0.169%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.230+0.092%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.175+0.008%$118K250xas long as short
Gate XAG_USDT+0.0026%4h65.220+0.077%$140.5M$181.5M100xas long as short
Lighter RH XAG+0.0032%1h65.234+0.099%$4.6M$9.9M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.163−0.011%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.887%$11K$94K52xas long as short
Binance XAGUSDT+0.0036%4h65.203+0.051%$191.5M$755.6M100xas long as short
MEXC SILVER_USDT+0.0036%4h65.200+0.046%$125.8M$162.2M1000xas long as short
StandX XAG-USD+0.0040%1h65.290+0.184%$785K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.215+0.068%$2.7M$976K100xas long as short
QFEX SILVER-USD+0.0044%1h65.220+0.077%$161K$1.4M20xas long as short
edgeX XAGUSDC+0.0046%4h65.107−0.096%$663K$314K30xas long as short
Vest SI-PERP+0.0046%1h65.660+0.752%25xas long as short
Aevo XAG-PERP+0.0048%1h65.230+0.091%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.204+0.052%$3.8M$892K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h65.170long leg$3K$6K20x
Paradex XAG-USD-PERP+0.0054%8h65.235+0.100%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.211+0.063%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0069%1h65.196+0.040%$173.2M$84.9M25xas long as short
Hotstuff SILVER-PERP+0.0080%1h65.220+0.077%$35K$21K20xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.249+0.121%$483K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h64.970−0.307%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.194+0.037%$464K$600K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.1700.000%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.180+0.015%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.245+0.116%$1.3M$4.8M20xas long as short
BloFin XAG-USDT+0.0143%4h65.240+0.107%$2.7M$626K100xas long as short
GRVT XAG_USDT_Perp+0.0146%4h65.293+0.189%$395K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.195+0.038%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0160%4h65.220+0.077%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.210+0.061%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.236+0.102%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0190%1h65.162−0.012%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0210%1h65.220+0.077%$65K$397K20xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.239+0.106%$20K$17K10xas long as short
Bullet SILVER-USD+0.0235%1h65.247+0.118%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.235+0.100%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0364%1h65.213+0.067%$1.0M$869K25xas long as short