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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0017%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Injective against SoDEX+0.202%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. Injective is 0.202% dearer against SoDEX than usual: you sell high and buy low (spread +0.202% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 40 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD66.2660.0050pay 0.0006% / 1h30m 48s$3K$6K20x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h30m 48s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$3.5
Price spread: +0.202% → 0.000%
$20.22
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$8.7
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Injective: 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 Injective no order-book sample
SoDEX and Injective: 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%1h66.218−0.073%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.301+0.053%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.360+0.142%$150.5M$163.8M100xas long as short
SunX XAG-USDT0.0000%4h66.320+0.081%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.360+0.142%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.350+0.127%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.260−0.009%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.312+0.069%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.270+0.006%$5.3M$12.2M10xas long as short
Injective XAG/USDC PERPshort+0.0033%1h66.400+0.202%$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.220−0.069%$796K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.748+0.727%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.296+0.045%$3.9M$672K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h66.266long leg$3K$6K20x
Ondo Perps XAG-USD.P+0.0050%1h66.230−0.054%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.320+0.081%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0064%24h66.282+0.024%$571K$24.5M8.1xas long as short
Phoenix SILVER+0.0084%1h66.244−0.033%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0094%1h66.302+0.054%$166.0M$74.1M25xas long as short
Pacifica XAG+0.0100%1h66.276+0.015%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.290+0.036%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.210−0.085%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0135%8h66.325+0.088%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.340+0.112%$2.7M$877K100xas long as short
BloFin XAG-USDT+0.0149%4h66.300+0.051%$2.6M$553K100xas long as short
Bybit XAGUSDT+0.0166%4h66.370+0.157%$26.9M$36.2M150xas long as short
Aevo XAG-PERP+0.0176%1h66.330+0.097%$48K10xas long as short
Variational Omni XAG+0.0179%4h66.321+0.084%$5.6M$9.8Mas long as short
RISEx XAG/USDC+0.0181%1h66.331+0.098%$1.3M$4.5M20xas long as short
Lighter XAG+0.0184%1h66.328+0.094%$5.3M$10.5M25xas long as short
MEXC SILVER_USDT+0.0192%4h66.330+0.097%$111.2M$152.2M1000xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.250−0.024%$1.9M$980K20xas long as short
Binance XAGUSDT+0.0193%4h66.358+0.138%$192.3M$707.0M100xas long as short
edgeX XAGUSDC+0.0198%4h66.273+0.011%$672K$315K30xas long as short
OKX XAG-USDT-SWAP+0.0216%8h66.350+0.127%$27.8M$65.9M50xas long as short
Nado XAG-PERP+0.0217%1h66.279+0.019%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0235%1h66.221−0.068%$80K$38K10xas long as short
Bitget XAGUSDT+0.0248%4h66.360+0.142%$23.8M$45.9M100xas long as short
GRVT XAG_USDT_Perp+0.0264%4h66.280+0.021%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0264%1h66.224−0.063%$20K$22K10xas long as short
Bullet SILVER-USD+0.0279%1h66.340+0.112%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0348% / S −0.0368%1h66.335+0.104%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.330+0.097%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.303+0.056%$916K$675K25xas long as short