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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0012%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Injective against Vest−0.065%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 airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Injective is 0.065% cheaper against Vest than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SI-PERP66.4430.0046pay 0.0006% / 1h46m 51s25x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h46m 51s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Vest. 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
−$2.59
Price spread: −0.065% → 0.000%
−$6.47
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$11.08
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Injective: 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 Vest no order-book sample
Sell Injective no order-book sample
Vest and Injective: 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
Ondo Perps XAG-USD.P−0.0038%1h65.910−0.802%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.767%$14K5xas long as short
SunX XAG-USDT0.0000%4h66.020−0.637%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.050−0.591%$1.0M$967K75xas long as short
Phemex XAGUSDT0.0000%4h66.030−0.622%$1.5M$319K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.961−0.725%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.997−0.672%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.950−0.742%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERPshort+0.0033%1h66.400−0.065%$11K$94K52x
StandX XAG-USD+0.0040%1h66.030−0.622%$794K$3.1M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERPlong+0.0046%1h66.443long leg25x
tradeXYZ xyz:SILVER+0.0050%1h65.974−0.706%$166.0M$73.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.986−0.688%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.955−0.734%$3K$6K20xas long as short
QFEX SILVER-USD+0.0060%1h66.010−0.652%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0072%24h65.974−0.706%$535K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.942−0.754%$56K$26K25xas long as short
Gate XAG_USDT+0.0076%4h66.020−0.637%$149.6M$163.3M100xas long as short
RISEx XAG/USDC+0.0080%1h66.020−0.637%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.963−0.722%$469K$614K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.990−0.682%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.940−0.757%$113K$30K50xas long as short
Lighter XAG+0.0120%1h66.001−0.666%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0127%8h66.014−0.646%$30K$1K5xas long as short
Bybit XAGUSDT+0.0129%4h66.040−0.607%$27.3M$36.4M150xas long as short
Aster XAGUSDT+0.0141%4h66.010−0.652%$2.7M$862K100xas long as short
Nado XAG-PERP+0.0164%1h65.975−0.704%$1.4M$6.1M10xas long as short
Hotstuff SILVER-PERP+0.0176%1h65.995−0.674%$35K$21K20xas long as short
Aevo XAG-PERP+0.0192%1h66.010−0.651%$47K10xas long as short
Variational Omni XAG+0.0195%4h65.993−0.677%$5.6M$9.4Mas long as short
BloFin XAG-USDT+0.0197%4h66.010−0.652%$2.6M$556K100xas long as short
MEXC SILVER_USDT+0.0206%4h66.000−0.667%$113.1M$151.7M1000xas long as short
Binance XAGUSDT+0.0206%4h66.016−0.643%$191.0M$702.8M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.742%$1.8M$1.0M20xas long as short
GRVT XAG_USDT_Perp+0.0212%4h66.009−0.653%$394K$1.5M25xas long as short
Aftermath Perps XAGUSD+0.0216%1h65.973−0.707%$79K$36K10xas long as short
edgeX XAGUSDC+0.0222%4h65.987−0.686%$669K$312K30xas long as short
Bullet SILVER-USD+0.0232%1h66.031−0.620%$44K$76K10xas long as short
OKX XAG-USDT-SWAP+0.0234%8h66.020−0.637%$27.6M$64.8M50xas long as short
Bitget XAGUSDT+0.0246%4h66.010−0.652%$23.9M$45.4M100xas long as short
Hibachi XAG/USDT-P+0.0352%1h65.979−0.699%$20K$19K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.010−0.652%$75K$363K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.025−0.629%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.989−0.683%$911K$683K25xas long as short