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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.029%
Price spread now: Hotstuff against StandX−0.039%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · Hotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.039% cheaper against StandX than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8.2 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD66.1800.0040pay 0.0005% / 1h24m 32s$796K$3.1M40x
ShortHotstuff SILVER-PERP66.1540.0056get 0.0007% / 1h24m 32s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against StandX. 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
$3.36
Price spread: −0.039% → 0.000%
−$3.93
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$13.57
Costs to cover
0.130%
Break-even
35.3 days
Slippage unknown: StandX: live order book, 4 min ago; 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 StandX live order book, 4 min ago3.02 bp11.4 bp −$1114.3 bp −$14338.0 bp −$3,796doesn't fit
Sell Hotstuff no order-book sample
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
dYdX XAG-USD0.0000%1h66.086−0.142%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.200+0.030%$150.2M$163.3M100xas long as short
SunX XAG-USDT0.0000%4h66.1800.000%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.200+0.030%$1.0M$971K75xas long as short
Phemex XAGUSDT0.0000%4h66.190+0.015%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.124−0.085%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.167−0.019%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.119−0.092%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.332%$11K$94K52xas long as short
StandX XAG-USDlong+0.0040%1h66.180long leg$796K$3.1M40x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.610+0.650%25xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.060−0.181%$5.7M$9.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.143−0.056%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.120−0.091%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.160−0.030%$115K$2.7M20xas long as short
Hotstuff SILVER-PERPshort+0.0056%1h66.154−0.039%$35K$21K20x
Phoenix SILVER+0.0060%1h66.141−0.059%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0070%24h66.150−0.045%$526K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.126−0.082%$471K$622K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.160−0.030%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.130−0.076%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0125%1h66.150−0.045%$165.6M$73.9M25xas long as short
RISEx XAG/USDC+0.0137%1h66.179−0.001%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.1800.000%$2.7M$877K100xas long as short
Paradex XAG-USD-PERP+0.0147%8h66.171−0.013%$30K$1K5xas long as short
Bybit XAGUSDT+0.0166%4h66.200+0.030%$27.0M$36.2M150xas long as short
Lighter XAG+0.0192%1h66.173−0.011%$5.2M$10.6M25xas long as short
Aevo XAG-PERP+0.0200%1h66.179−0.002%$48K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.120−0.091%$1.8M$1.0M20xas long as short
Nado XAG-PERP+0.0201%1h66.136−0.066%$1.3M$6.5M10xas long as short
Variational Omni XAG+0.0208%4h66.193+0.019%$5.6M$9.7Mas long as short
Binance XAGUSDT+0.0214%4h66.1800.000%$192.9M$701.1M100xas long as short
MEXC SILVER_USDT+0.0214%4h66.1800.000%$110.0M$152.6M1000xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.141−0.060%$80K$37K10xas long as short
edgeX XAGUSDC+0.0229%4h66.149−0.047%$671K$310K30xas long as short
OKX XAG-USDT-SWAP+0.0232%8h66.190+0.015%$27.7M$65.4M50xas long as short
BloFin XAG-USDT+0.0254%4h66.170−0.015%$2.6M$554K100xas long as short
Bitget XAGUSDT+0.0258%4h66.1800.000%$23.8M$45.5M100xas long as short
GRVT XAG_USDT_Perp+0.0280%4h66.200+0.030%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0297%1h66.185+0.008%$44K$75K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.170−0.015%$62K$348K20xas long as short
Hibachi XAG/USDT-P+0.0368%1h66.144−0.054%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0381% / S −0.0417%1h66.185+0.008%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.153−0.040%$913K$676K25xas long as short