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−0.0077%/8h= −8.4% APRnext payment $0.38 per $10,000 · paid last 24h −0.029%
Price spread now: Gate against Variational Omni+0.378%7-day average +0.021% · 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 4 days (all we have)−0.038%−$4 on $10k
Price spread, last 7 days−0.330%−$33 · spread now +0.378%, 7d avg +0.021%
Together, before fees−0.368%+ Points / potential airdropVariational Omni: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.357% dearer against Variational Omni than usual: you sell high and buy low (spread +0.378% now, against its 7-day average of +0.021%): +$36 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 4 days (−0.038% in total) that is about 33 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAG65.1840.0125pay 0.0062% / 4h2h 18m$5.5M$9.5M
ShortGate XAG_USDT65.4300.0048get 0.0024% / 4h2h 18m$147.1M$176.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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
−$16.16
Price spread: +0.378% → +0.021%
$35.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$4.56
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 1 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 Variational Omni RFQ quote, 1 min ago2.59 bpdoesn't fit2.7 bp −$27doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago0.76 bp8.3 bp −$89.4 bp −$9412.3 bp −$1,22620.2 bp −$10.1K

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−0.0004%1h65.280+0.148%$5.6M$9.6M25xas long as short
dYdX XAG-USD0.0000%1h65.288+0.161%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.420+0.363%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.460+0.424%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.440+0.393%$1.5M$279K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.341+0.241%$118K250xas long as short
RISEx XAG/USDC+0.0030%1h65.389+0.315%$1.2M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.411+0.349%$4.7M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.340+0.240%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.866%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.241+0.088%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h65.240+0.087%$785K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.805+0.953%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.347+0.251%$35K$21K20xas long as short
Gate XAG_USDTshort+0.0048%4h65.430+0.378%$147.1M$176.9M100x
Polymarket Perps SILVER-USD+0.0050%1h65.358+0.268%$3.9M$712K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.353+0.260%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.370+0.286%$152K$2.8M20xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.369+0.284%$29K$1K5xas long as short
Kalshi KXSILVERPERP+0.0076%24h65.354+0.261%$501K$28.9M8.1xas long as short
tradeXYZ xyz:SILVER+0.0076%1h65.381+0.303%$170.3M$82.2M25xas long as short
Aster XAGUSDT+0.0091%4h65.410+0.347%$2.7M$953K100xas long as short
Pacifica XAG+0.0100%1h65.326+0.218%$466K$626K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.380+0.301%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200+0.025%$111K$30K50xas long as short
Bybit XAGUSDT+0.0103%4h65.420+0.363%$28.6M$39.9M150xas long as short
Variational Omni XAGlong+0.0125%4h65.184long leg$5.5M$9.5M
Lighter XAG+0.0128%1h65.421+0.364%$5.3M$11.2M25xas long as short
Aevo XAG-PERP+0.0136%1h65.410+0.347%$47K10xas long as short
MEXC SILVER_USDT+0.0138%4h65.410+0.347%$120.1M$160.5M1000xas long as short
edgeX XAGUSDC+0.0141%4h65.252+0.104%$664K$313K30xas long as short
Binance XAGUSDT+0.0142%4h65.400+0.332%$189.4M$744.2M100xas long as short
Nado XAG-PERP+0.0156%1h65.357+0.266%$1.3M$5.6M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.150−0.052%$1.6M$1.4M20xas long as short
GRVT XAG_USDT_Perp+0.0178%4h65.293+0.167%$388K$1.5M25xas long as short
Aftermath Perps XAGUSD+0.0204%1h65.355+0.263%$79K$37K10xas long as short
Bitget XAGUSDT+0.0212%4h65.430+0.378%$23.2M$48.2M100xas long as short
OKX XAG-USDT-SWAP+0.0218%8h65.410+0.347%$28.0M$71.0M50xas long as short
Bullet SILVER-USD+0.0242%1h65.405+0.340%$43K$76K10xas long as short
Hibachi XAG/USDT-P+0.0336%1h65.185+0.003%$20K$19K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.410+0.347%$66K$371K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0365% / S −0.0357%1h65.415+0.355%$92K111xas long as short
BloFin XAG-USDT+0.0380%4h65.340+0.240%$2.6M$628K100xas long as short
Kraken Futures PF_XAGUSD+0.0471%1h65.395+0.324%$912K$755K25xas long as short