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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0123%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.028%
Price spread now: Bullet against Aevo+0.072%55s7-day average · 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 3 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bullet is 0.072% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAG-PERP66.4690.0104pay 0.0013% / 1h23m 27s$48K10x
ShortBullet SILVER-USD66.5170.0227get 0.0028% / 1h23m 27s$45K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$25.75
Price spread: +0.072% → 0.000%
$7.19
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bullet: 4 bp × 2 orders
−$8
Net
$8.94
Costs to cover
0.240%
Break-even
4.6 days
Slippage unknown: Aevo: no order-book sample; Bullet: 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 Aevo no order-book sample
Sell Bullet no order-book sample
Aevo and Bullet: 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
dYdX XAG-USD0.0000%1h66.422−0.071%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.500+0.046%$25.7M$35.6M150xas long as short
Gate XAG_USDT0.0000%4h66.480+0.016%$154.8M$168.2M100xas long as short
SunX XAG-USDT0.0000%4h66.480+0.016%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.510+0.061%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.510+0.061%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.450−0.029%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.432−0.055%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.398−0.107%$5.4M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.104%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.520+0.076%$800K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.918+0.675%25xas long as short
Phoenix SILVER+0.0048%1h66.473+0.006%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.453−0.025%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.404−0.098%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.350−0.179%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0051%1h66.460−0.014%$115K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0053%1h66.479+0.015%$165.4M$84.8M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.443−0.040%$561K$21.5M8.1xas long as short
Hotstuff SILVER-PERP+0.0064%1h66.419−0.076%$35K$21K20xas long as short
BloFin XAG-USDT+0.0081%4h66.550+0.121%$2.6M$706K100xas long as short
Aster XAGUSDT+0.0085%4h66.456−0.021%$2.8M$1.1M100xas long as short
Variational Omni XAG+0.0089%4h66.514+0.067%$5.6M$9.9Mas long as short
Paradex XAG-USD-PERP+0.0098%8h66.445−0.036%$30K$1K5xas long as short
Pacifica XAG+0.0100%1h66.407−0.094%$474K$623K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.430−0.059%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.480+0.016%$126K$24K50xas long as short
Binance XAGUSDT+0.0100%4h66.475+0.008%$192.4M$722.4M100xas long as short
MEXC SILVER_USDT+0.0102%4h66.490+0.031%$108.6M$160.3M1000xas long as short
Aevo XAG-PERPlong+0.0104%1h66.469long leg$48K10x
edgeX XAGUSDC+0.0112%4h66.508+0.059%$675K$314K30xas long as short
Lighter XAG+0.0120%1h66.440−0.044%$5.4M$10.5M25xas long as short
GRVT XAG_USDT_Perp+0.0138%4h66.523+0.080%$391K$1.5M25xas long as short
RISEx XAG/USDC+0.0148%1h66.464−0.007%$1.2M$4.2M20xas long as short
Nado XAG-PERP+0.0169%1h66.416−0.080%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0172%4h66.490+0.031%$24.5M$47.9M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.580+0.167%$1.9M$929K20xas long as short
OKX XAG-USDT-SWAP+0.0191%8h66.490+0.031%$27.9M$67.3M50xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.468−0.001%$80K$39K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.480+0.016%$20K$22K10xas long as short
Bullet SILVER-USDshort+0.0227%1h66.517+0.072%$45K$76K10x
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.485+0.024%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.470+0.001%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.451−0.027%$764K$565K25xas long as short