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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h −0.006%
Price spread now: RISEx against Variational Omni−0.240%49s7-day average −0.006% · 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)+0.030%+$3 on $10k
Price spread, last 7 days+0.223%+$22 · spread now −0.240%, 7d avg −0.006%
Together, before fees+0.253%+ Points / potential airdropVariational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.234% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of −0.006%). If the spread goes back, that is −$23 on $10k: about 6.0 days of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.030% in total) that is about 29 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAG65.1240.0029pay 0.0014% / 4h3h 41m$5.3M$9.1M
ShortRISEx XAG/USDC64.9680.0158get 0.0020% / 1h41m 52s$1.2M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$27.1
Price spread: −0.240% → −0.006%
−$23.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$2.26
Costs to cover
0.060%
Break-even
7.6 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; RISEx: live order book, 2 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, 2 min ago2.59 bpdoesn't fit2.6 bp −$26doesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago1.41 bp4.4 bp −$44.9 bp −$49doesn't fitdoesn't fit

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%1h64.936−0.288%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h64.960−0.252%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.020−0.160%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.970−0.237%$1.4M$298K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.887−0.364%$117K250xas long as short
Variational Omni XAGlong+0.0029%4h65.124long leg$5.3M$9.1M
Lighter RH XAG+0.0032%1h64.929−0.300%$4.5M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h64.855−0.413%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.959%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h64.980−0.222%$782K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h65.377+0.388%25xas long as short
QFEX SILVER-USD+0.0047%1h64.960−0.252%$295K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.907−0.334%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.884−0.369%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.850−0.421%$5.6M$9.9M25xas long as short
Binance XAGUSDT+0.0055%4h64.930−0.298%$193.1M$767.3M100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0058%1h64.910−0.329%$76K$418K20xas long as short
Paradex XAG-USD-PERP+0.0059%8h64.949−0.269%$29K$1665xas long as short
MEXC SILVER_USDT+0.0060%4h64.910−0.329%$115.1M$157.2M1000xas long as short
Aster XAGUSDT+0.0068%4h64.940−0.283%$2.6M$997K100xas long as short
Aevo XAG-PERP+0.0072%1h64.952−0.265%$47K10xas long as short
edgeX XAGUSDC+0.0080%4h65.090−0.053%$663K$315K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.900−0.344%$1.6M$1.4M20xas long as short
Gate XAG_USDT+0.0082%4h64.930−0.298%$138.7M$180.5M100xas long as short
Kalshi KXSILVERPERP+0.0083%24h64.937−0.288%$486K$33.8M8.1xas long as short
Hotstuff SILVER-PERP+0.0096%1h65.059−0.100%$35K$21K20xas long as short
Pacifica XAG+0.0100%1h64.905−0.337%$462K$592K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.900−0.344%$25.1M$4.4M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.990−0.206%$111K$19K50xas long as short
Bybit XAGUSDT+0.0107%4h64.940−0.283%$29.3M$41.6M150xas long as short
Phoenix SILVER+0.0111%1h64.972−0.234%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0144%1h64.889−0.361%$174.0M$86.6M25xas long as short
RISEx XAG/USDCshort+0.0158%1h64.968−0.240%$1.2M$4.9M20x
Nado XAG-PERP+0.0166%1h64.911−0.327%$1.2M$4.3M10xas long as short
Bitget XAGUSDT+0.0188%4h64.920−0.314%$23.1M$45.3M100xas long as short
OKX XAG-USDT-SWAP+0.0190%8h64.930−0.298%$28.6M$72.3M50xas long as short
Aftermath Perps XAGUSD+0.0215%1h64.978−0.225%$78K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.965−0.245%$92K111xas long as short
BloFin XAG-USDT+0.0246%4h64.980−0.222%$2.7M$636K100xas long as short
Lighter XAG+0.0248%1h64.927−0.304%$5.3M$11.0M25xas long as short
Hibachi XAG/USDT-P+0.0304%1h64.946−0.273%$20K$15K10xas long as short
Bullet SILVER-USD+0.0314%1h64.975−0.229%$45K$75K10xas long as short
GRVT XAG_USDT_Perp+0.0316%4h65.071−0.082%$391K$1.6M25xas long as short
Kraken Futures PF_XAGUSD+0.0419%1h64.926−0.304%$1.0M$868K25xas long as short