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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against Aevo−0.279%70s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.279% cheaper against Aevo than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAG-PERP65.6830.0128pay 0.0016% / 1h3m 44s$47K10x
ShortApeX Omni XAGUSDT65.5000.0100get 0.0013% / 1h3m 44s$112K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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
−$5.88
Price spread: −0.279% → 0.000%
−$27.91
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$59.79
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; ApeX Omni: live order book, 44 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 Aevo no order-book sample
Sell ApeX Omni live order book, 44 min ago7.66 bp23.9 bp −$2455.1 bp −$551doesn't fitdoesn't fit
Aevo: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−0.4432%1h65.581−0.156%$36K$23K20xas long as short
Injective XAG/USDC PERP−0.0220%1h64.602−1.646%$11K$24052xas long as short
Ondo Perps XAG-USD.P−0.0006%1h65.430−0.386%$5.7M$10.6M25xas long as short
dYdX XAG-USD0.0000%1h65.547−0.208%$12K$7K5xas long as short
Gate XAG_USDT0.0000%4h65.570−0.173%$138.7M$202.8M100xas long as short
SunX XAG-USDT0.0000%4h65.700+0.025%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.720+0.056%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.680−0.005%$1.5M$253K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.630−0.080%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.559−0.190%$4.5M$9.8M25xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.507−0.269%$5.1M$11.8M10xas long as short
StandX XAG-USD+0.0040%1h65.680−0.005%$790K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.105+0.642%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.650−0.051%$3.8M$894K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.627−0.086%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.532−0.231%$29K$1665xas long as short
QFEX SILVER-USD+0.0062%1h65.550−0.203%$445K$1.4M20xas long as short
Coinbase International SILVER-PERP-INTX+0.0088%1h65.630−0.081%$1.6M$1.8M20xas long as short
Kalshi KXSILVERPERP+0.0098%24h65.732+0.074%$711K$38.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.526−0.240%$466K$572K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.560−0.188%$25.3M$4.6M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h65.500−0.279%$112K$19K50x
Variational Omni XAG+0.0104%4h65.650−0.051%$5.7M$9.2Mas long as short
Phoenix SILVER+0.0110%1h65.406−0.422%$55K$13K25xas long as short
tradeXYZ xyz:SILVER+0.0118%1h65.557−0.192%$174.4M$93.6M25xas long as short
Aevo XAG-PERPlong+0.0128%1h65.683long leg$47K10x
Aster XAGUSDT+0.0131%4h65.580−0.157%$2.7M$1.1M100xas long as short
Binance XAGUSDT+0.0132%4h65.574−0.167%$193.2M$851.6M100xas long as short
MEXC SILVER_USDT+0.0132%4h65.560−0.188%$120.7M$169.1M1000xas long as short
edgeX XAGUSDC+0.0143%4h65.456−0.346%$667K$314K30xas long as short
Nado XAG-PERP+0.0171%1h65.680−0.006%$1.2M$3.7M10xas long as short
GRVT XAG_USDT_Perp+0.0182%4h65.613−0.108%$396K$1.5M25xas long as short
Bybit XAGUSDT+0.0187%4h65.570−0.173%$30.4M$47.3M150xas long as short
Lighter XAG+0.0192%1h65.551−0.202%$5.1M$11.9M25xas long as short
RISEx XAG/USDC+0.0206%1h65.703+0.030%$1.2M$4.9M20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.670−0.020%$77K$411K20xas long as short
Aftermath Perps XAGUSD+0.0216%1h65.518−0.251%$79K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0218%8h65.570−0.173%$28.0M$84.1M50xas long as short
Hibachi XAG/USDT-P+0.0248%1h65.660−0.036%$21K$12K10xas long as short
Bitget XAGUSDT+0.0252%4h65.560−0.188%$23.2M$51.8M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0266% / S −0.0233%1h65.665−0.028%$93K111xas long as short
Bullet SILVER-USD+0.0276%1h65.692+0.013%$44K$74K10xas long as short
BloFin XAG-USDT+0.0372%4h65.700+0.025%$2.7M$762K100xas long as short
Kraken Futures PF_XAGUSD+0.0771%1h65.670−0.020%$1.0M$939K25xas long as short