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−0.0047%/8h= −5.2% APRnext payment $0.06 per $10,000 · paid last 24h −0.004%
Price spread now: SoDEX against tradeXYZ−0.051%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 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.051% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SILVER66.3300.0097pay 0.0012% / 1h25m 21s$166.1M$74.3M25x
ShortSoDEX SILVER-USD66.2960.0050get 0.0006% / 1h25m 21s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against tradeXYZ. 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
−$9.97
Price spread: −0.051% → 0.000%
−$5.13
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$41.1
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 3 min ago; SoDEX: 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 tradeXYZ live order book, 3 min ago0.53 bp10.0 bp −$1010.1 bp −$101doesn't fitdoesn't fit
Sell SoDEX no order-book sample
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
dYdX XAG-USD0.0000%1h66.272−0.087%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.370+0.060%$150.4M$164.2M100xas long as short
SunX XAG-USDT0.0000%4h66.350+0.030%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.390+0.090%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.390+0.090%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.296−0.052%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.358+0.042%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.297−0.050%$5.2M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.106%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.270−0.090%$797K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.793+0.698%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.331+0.002%$3.9M$672K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.296−0.051%$3K$6K20x
Ondo Perps XAG-USD.P+0.0050%1h66.270−0.090%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.340+0.015%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.311−0.029%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.033%$56K$26K25xas long as short
tradeXYZ xyz:SILVERlong+0.0097%1h66.330long leg$166.1M$74.3M25x
Pacifica XAG+0.0100%1h66.294−0.054%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.310−0.030%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.280−0.075%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.301−0.044%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.341+0.016%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.369+0.058%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0158%4h66.390+0.090%$26.9M$36.1M150xas long as short
BloFin XAG-USDT+0.0175%4h66.340+0.015%$2.6M$553K100xas long as short
Aevo XAG-PERP+0.0176%1h66.359+0.044%$48K10xas long as short
RISEx XAG/USDC+0.0181%1h66.370+0.060%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321−0.013%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.367+0.056%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.030%$1.9M$988K20xas long as short
MEXC SILVER_USDT+0.0194%4h66.360+0.045%$103.4M$153.4M1000xas long as short
Binance XAGUSDT+0.0196%4h66.377+0.071%$192.3M$705.3M100xas long as short
edgeX XAGUSDC+0.0204%4h66.323−0.010%$673K$313K30xas long as short
Nado XAG-PERP+0.0211%1h66.300−0.045%$1.3M$6.6M10xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.370+0.060%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0234%1h66.277−0.080%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.370+0.060%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347+0.026%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.270−0.090%$20K$19K10xas long as short
Bullet SILVER-USD+0.0280%1h66.363+0.050%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0351% / S −0.0372%1h66.365+0.053%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.350+0.030%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.333+0.005%$915K$671K25xas long as short