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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0107%/8h= −11.7% APRnext payment $0.53 per $10,000 · paid last 24h −0.026%
Price spread now: SunX against Variational Omni−0.081%7-day average +0.019% · 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)−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.081%, 7d avg +0.019%
Together, before fees+0.160%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.099% cheaper against Variational Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAG66.0530.0107pay 0.0053% / 4h2h 06m$5.3M$11.4M
ShortSunX XAG-USDT66.0000get 0.0000% / 4h2h 06m$2K$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$22.38
Price spread: −0.081% → +0.019%
−$9.93
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$40.31
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; SunX: live order book, 11 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 ago2.57 bpdoesn't fit4.7 bp −$4712.3 bp −$1,228doesn't fit
Sell SunX live order book, 11 min ago29.52 bp33.5 bp −$3463.2 bp −$632doesn't fitdoesn't fit

XAG on 42 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
Deribit SILVER_USDC-PERPETUAL−0.0053%1h66.010−0.066%$76K$361K20xas long as short
Nado XAG-PERP−0.0002%1h65.996−0.086%$1.3M$6.5M10xas long as short
dYdX XAG-USD0.0000%1h65.988−0.099%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.000−0.081%$25.7M$36.2M150xas long as short
Gate XAG_USDT0.0000%4h66.000−0.081%$147.1M$185.5M100xas long as short
Bullet SILVER-USD0.0000%1h66.019−0.051%$44K$74K10xas long as short
SunX XAG-USDTshort0.0000%4h66.000−0.081%$2K$3.4M20x
HTX XAG-USDT0.0000%4h66.040−0.020%$1.0M$1.2M75xas long as short
Phemex XAGUSDT0.0000%4h66.030−0.035%$1.5M$249K100xas long as short
Aftermath Perps XAGUSD+0.0013%1h65.965−0.134%$79K$40K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAGUSDT+0.0027%4h66.032−0.032%$2.8M$1.1M100xas long as short
Lighter XAG+0.0032%1h65.991−0.094%$5.1M$11.5M25xas long as short
Lighter RH XAG+0.0032%1h65.991−0.094%$4.4M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h66.029−0.036%$5.3M$14.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.525%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.020−0.050%$790K$2.8M40xas long as short
Vest SI-PERP+0.0046%1h66.525+0.714%25xas long as short
Bitget XAGUSDT+0.0046%4h66.000−0.081%$23.7M$52.4M100xas long as short
Ondo Perps XAG-USD.P+0.0049%1h65.930−0.187%$5.4M$9.8M25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.977−0.116%$164.4M$94.8M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.966−0.132%$3.9M$743K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.995−0.088%$4K$5K20xas long as short
Kalshi KXSILVERPERP+0.0055%24h65.925−0.194%$637K$21.8M8.1xas long as short
BloFin XAG-USDT+0.0060%4h65.950−0.156%$2.6M$1.2M100xas long as short
GRVT XAG_USDT_Perp+0.0070%4h65.949−0.157%$389K$1.6M25xas long as short
Binance XAGUSDT+0.0070%4h66.010−0.066%$190.3M$799.8M100xas long as short
Phoenix SILVER+0.0073%1h66.027−0.040%$56K$26K25xas long as short
QFEX SILVER-USD+0.0080%1h66.000−0.081%$143K$2.8M20xas long as short
Aevo XAG-PERP+0.0088%1h66.021−0.049%$47K10xas long as short
MEXC SILVER_USDT+0.0092%4h66.010−0.066%$122.7M$192.5M1000xas long as short
Pacifica XAG+0.0100%1h65.985−0.103%$472K$645K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.960−0.141%$24.2M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.040−0.020%$112K$85K50xas long as short
Paradex XAG-USD-PERP+0.0101%8h65.990−0.096%$30K$1K5xas long as short
Variational Omni XAGlong+0.0107%4h66.053long leg$5.3M$11.4M
edgeX XAGUSDC+0.0108%4h66.0530.000%$670K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0151%8h65.990−0.096%$27.5M$69.9M50xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h65.920−0.202%$1.9M$1.2M20xas long as short
Hotstuff SILVER-PERP+0.0320%1h65.990−0.096%$35K$21K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0392% / S −0.0419%1h66.005−0.073%$102K29xas long as short
RISEx XAG/USDC+0.0432%1h66.000−0.081%$1.3M$4.4M20xas long as short
Kraken Futures PF_XAGUSD+0.0615%1h65.962−0.138%$774K$616K25xas long as short