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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against SoDEX+0.069%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.069% dearer against SoDEX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD65.2950.0050pay 0.0006% / 1h17m 49s$3K$6K20x
ShortQFEX SILVER-USD65.3400.0050get 0.0006% / 1h17m 49s$152K$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$0.02
Price spread: +0.069% → 0.000%
$6.89
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$11.13
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 5 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 QFEX live order book, 5 min ago1.53 bp6.5 bp −$76.5 bp −$658.6 bp −$858doesn'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
Hibachi XAG/USDT-P−0.0144%1h65.301+0.009%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0080%1h65.240−0.084%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.330+0.054%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.253−0.064%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.380+0.130%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.380+0.130%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.410+0.176%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.145%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.296+0.002%$118K250xas long as short
Gate XAG_USDT+0.0024%4h65.400+0.161%$141.1M$183.3M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAG+0.0028%4h65.404+0.166%$5.5M$9.4Mas long as short
Lighter RH XAG+0.0032%1h65.354+0.090%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.310+0.023%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.692%$11K$94K52xas long as short
Aster XAGUSDT+0.0034%4h65.360+0.100%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.350+0.084%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.766+0.721%25xas long as short
QFEX SILVER-USDshort+0.0050%1h65.340+0.069%$152K$2.8M20x
tradeXYZ xyz:SILVER+0.0050%1h65.337+0.064%$170.3M$83.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.321+0.040%$3.8M$856K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h65.295long leg$3K$6K20x
MEXC SILVER_USDT+0.0052%4h65.370+0.115%$116.5M$157.6M1000xas long as short
Binance XAGUSDT+0.0053%4h65.382+0.133%$191.1M$766.5M100xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.337+0.064%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.362+0.103%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.371+0.116%$56K$31K25xas long as short
Aevo XAG-PERP+0.0064%1h65.345+0.076%$47K10xas long as short
edgeX XAGUSDC+0.0073%4h65.369+0.113%$665K$313K30xas long as short
Kalshi KXSILVERPERP+0.0078%24h65.331+0.055%$507K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.301+0.010%$469K$628K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330+0.054%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.360+0.100%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.408+0.173%$385K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.290−0.008%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0133%1h65.307+0.019%$1.2M$5.2M10xas long as short
Lighter XAG+0.0144%1h65.358+0.096%$5.3M$11.5M25xas long as short
Bitget XAGUSDT+0.0170%4h65.380+0.130%$23.7M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0182%8h65.380+0.130%$28.0M$71.0M50xas long as short
Bullet SILVER-USD+0.0182%1h65.364+0.106%$44K$76K10xas long as short
BloFin XAG-USDT+0.0214%4h65.370+0.115%$2.6M$600K100xas long as short
Aftermath Perps XAGUSD+0.0214%1h65.324+0.045%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0272% / S −0.0241%1h65.365+0.107%$93K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.350+0.084%$65K$380K20xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.331+0.055%$915K$746K25xas long as short