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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.033%
Price spread now: Hotstuff against SoDEX+0.039%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hotstuff is 0.039% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD66.3120.0050pay 0.0006% / 1h6m 38s$4K$5K20x
ShortHotstuff SILVER-PERP66.3380.0064get 0.0008% / 1h6m 38s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$2.94
Price spread: +0.039% → 0.000%
$3.92
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$6.14
Costs to cover
0.130%
Break-even
21.6 days
Slippage unknown: SoDEX: no order-book sample; Hotstuff: 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 Hotstuff no order-book sample
SoDEX and Hotstuff: 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
Kraken Futures PF_XAGUSD−0.0271%1h66.345+0.050%$768K$569K25xas long as short
dYdX XAG-USD0.0000%1h66.297−0.023%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.410+0.148%$25.7M$33.5M150xas long as short
RISEx XAG/USDC0.0000%1h66.403+0.137%$1.3M$4.2M20xas long as short
Gate XAG_USDT0.0000%4h66.390+0.118%$146.5M$173.9M100xas long as short
SunX XAG-USDT0.0000%4h66.390+0.118%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.380+0.103%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.390+0.118%$1.5M$249K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.311−0.001%$120K250xas long as short
QFEX SILVER-USD+0.0016%1h66.370+0.087%$124K$2.8M20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h66.380+0.103%$4.8M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h66.315+0.005%$5.5M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.133%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.340+0.042%$794K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.815+0.759%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.346+0.051%$3.9M$699K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h66.312long leg$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.300−0.018%$5.7M$10.0M25xas long as short
tradeXYZ xyz:SILVER+0.0054%1h66.355+0.065%$165.3M$88.2M25xas long as short
Kalshi KXSILVERPERP+0.0058%24h66.339+0.041%$588K$21.4M8.1xas long as short
Hotstuff SILVER-PERPshort+0.0064%1h66.338+0.039%$35K$21K20x
BloFin XAG-USDT+0.0072%4h66.340+0.042%$2.5M$848K100xas long as short
Phoenix SILVER+0.0073%1h66.292−0.030%$56K$26K25xas long as short
Variational Omni XAG+0.0073%4h66.326+0.021%$5.5M$10.5Mas long as short
Aster XAGUSDT+0.0079%4h66.380+0.103%$2.8M$1.0M100xas long as short
Bitget XAGUSDT+0.0082%4h66.410+0.148%$24.0M$47.9M100xas long as short
MEXC SILVER_USDT+0.0092%4h66.390+0.118%$123.4M$182.6M1000xas long as short
Binance XAGUSDT+0.0094%4h66.399+0.130%$190.6M$729.1M100xas long as short
Aevo XAG-PERP+0.0096%1h66.376+0.096%$48K10xas long as short
Pacifica XAG+0.0100%1h66.345+0.050%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.360+0.072%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.310−0.003%$113K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h66.220−0.139%$1.9M$861K20xas long as short
edgeX XAGUSDC+0.0105%4h66.317+0.007%$673K$314K30xas long as short
Paradex XAG-USD-PERP+0.0117%8h66.382+0.105%$30K$1K5xas long as short
Aftermath Perps XAGUSD+0.0131%1h66.299−0.019%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0134%4h66.378+0.100%$402K$1.4M25xas long as short
Lighter XAG+0.0136%1h66.388+0.115%$5.2M$11.0M25xas long as short
OKX XAG-USDT-SWAP+0.0181%8h66.400+0.133%$27.4M$66.6M50xas long as short
Hibachi XAG/USDT-P+0.0200%1h66.330+0.027%$20K$22K10xas long as short
Nado XAG-PERP+0.0218%1h66.328+0.024%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0269%1h66.394+0.123%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0303% / S −0.0300%1h66.385+0.110%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.360+0.072%$51K$359K20xas long as short