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+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: tradeXYZ against SoDEX+0.051%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 airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.051% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD65.0060.0050pay 0.0006% / 1h4m 14s$3K$6K20x
ShorttradeXYZ xyz:SILVER65.0390.0073get 0.0009% / 1h4m 14s$172.9M$84.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$4.86
Price spread: +0.051% → 0.000%
$5.08
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$16.06
Costs to cover
0.260%
Break-even
30.1 days
Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago0.31 bp9.4 bp −$910.1 bp −$101doesn'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
Ondo Perps XAG-USD.P−0.0023%1h64.960−0.071%$5.6M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0016%1h65.033+0.042%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h64.997−0.014%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.090+0.129%$27.7M$39.0M150xas long as short
SunX XAG-USDT0.0000%4h65.080+0.114%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.100+0.145%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.090+0.129%$1.5M$281K100xas long as short
Variational Omni XAG+0.0003%4h65.056+0.077%$5.5M$9.1Mas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.007+0.001%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.081+0.115%$4.6M$10.0M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.006+0.001%$5.0M$11.8M10xas long as short
Gate XAG_USDT+0.0032%4h65.080+0.114%$140.2M$182.0M100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.144%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.080+0.114%$126.4M$162.9M1000xas long as short
edgeX XAGUSDC+0.0036%4h65.076+0.107%$662K$313K30xas long as short
Binance XAGUSDT+0.0037%4h65.087+0.125%$191.5M$756.2M100xas long as short
StandX XAG-USD+0.0040%1h65.070+0.098%$783K$3.0M40xas long as short
Aster XAGUSDT+0.0044%4h65.070+0.098%$2.6M$982K100xas long as short
QFEX SILVER-USD+0.0044%1h65.060+0.083%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.474+0.720%25xas long as short
Aevo XAG-PERP+0.0048%1h65.060+0.083%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.045+0.060%$3.8M$890K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h65.006long leg$3K$6K20x
Paradex XAG-USD-PERP+0.0054%8h65.051+0.069%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.054+0.074%$55K$31K25xas long as short
tradeXYZ xyz:SILVERshort+0.0073%1h65.039+0.051%$172.9M$84.7M25x
Kalshi KXSILVERPERP+0.0081%24h65.038+0.049%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030+0.037%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.007+0.002%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.030+0.037%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.070+0.098%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.078+0.111%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0141%4h65.090+0.129%$2.7M$625K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.099+0.143%$385K$1.6M25xas long as short
Nado XAG-PERP+0.0156%1h65.030+0.037%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0166%4h65.090+0.129%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0174%8h65.090+0.129%$28.2M$70.8M50xas long as short
Lighter XAG+0.0184%1h65.080+0.114%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0198%1h65.058+0.080%$78K$37K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.010+0.006%$20K$16K10xas long as short
Bullet SILVER-USD+0.0237%1h65.086+0.124%$44K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075+0.106%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0365%1h65.054+0.073%$1.0M$869K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.060+0.083%$65K$399K20xas long as short