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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.034%
Price spread now: Bullet against ApeX Omni+0.066%66s7-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 +$6 a day on $10k at the current rate, and Bullet is 0.066% dearer against ApeX Omni 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 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAGUSDT66.0600.0100pay 0.0013% / 1h9m 49s$113K$30K50x
ShortBullet SILVER-USD66.1040.0289get 0.0036% / 1h9m 49s$44K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against ApeX 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
$39.62
Price spread: +0.066% → 0.000%
$6.64
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
$28.25
Costs to cover
0.180%
Break-even
2.0 days
Slippage unknown: ApeX Omni: live order book, 46 min ago; 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 ApeX Omni live order book, 46 min ago9.08 bp21.6 bp −$2278.8 bp −$788doesn't fitdoesn't fit
Sell Bullet no order-book sample
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%1h66.018−0.064%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.120+0.091%$150.2M$163.8M100xas long as short
SunX XAG-USDT0.0000%4h66.100+0.061%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.130+0.106%$1.0M$968K75xas long as short
Phemex XAGUSDT0.0000%4h66.140+0.121%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.028−0.049%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.093+0.050%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.037−0.034%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.515%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.070+0.015%$795K$3.1M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0044%1h65.960−0.151%$5.7M$9.6M25xas long as short
Vest SI-PERP+0.0046%1h66.514+0.687%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.027−0.050%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.061+0.002%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.021−0.059%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.090+0.045%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.025−0.053%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0071%24h66.057−0.005%$547K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.029−0.047%$470K$615K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.0600.000%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDTlong+0.0100%1h66.060long leg$113K$30K50x
tradeXYZ xyz:SILVER+0.0126%1h66.078+0.027%$166.0M$74.4M25xas long as short
RISEx XAG/USDC+0.0137%1h66.077+0.025%$1.3M$4.6M20xas long as short
Paradex XAG-USD-PERP+0.0141%8h66.078+0.027%$30K$1K5xas long as short
Aster XAGUSDT+0.0144%4h66.080+0.030%$2.7M$868K100xas long as short
Bybit XAGUSDT+0.0168%4h66.130+0.106%$27.1M$36.1M150xas long as short
Lighter XAG+0.0184%1h66.088+0.043%$5.2M$10.7M25xas long as short
Aevo XAG-PERP+0.0192%1h66.097+0.056%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.020−0.061%$1.8M$1.0M20xas long as short
Variational Omni XAG+0.0204%4h66.063+0.004%$5.6M$9.5Mas long as short
MEXC SILVER_USDT+0.0210%4h66.110+0.076%$110.6M$153.0M1000xas long as short
BloFin XAG-USDT+0.0212%4h66.120+0.091%$2.6M$554K100xas long as short
Binance XAGUSDT+0.0212%4h66.120+0.091%$192.8M$700.3M100xas long as short
Nado XAG-PERP+0.0213%1h66.029−0.048%$1.4M$6.4M10xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.069+0.014%$80K$36K10xas long as short
edgeX XAGUSDC+0.0222%4h66.092+0.049%$671K$313K30xas long as short
OKX XAG-USDT-SWAP+0.0234%8h66.110+0.076%$27.7M$65.0M50xas long as short
Bitget XAGUSDT+0.0256%4h66.110+0.076%$23.8M$45.4M100xas long as short
GRVT XAG_USDT_Perp+0.0274%4h66.094+0.052%$389K$1.5M25xas long as short
Bullet SILVER-USDshort+0.0289%1h66.104+0.066%$44K$76K10x
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.080+0.030%$75K$362K20xas long as short
Hibachi XAG/USDT-P+0.0376%1h66.020−0.061%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0383% / S −0.0424%1h66.115+0.083%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.070+0.015%$912K$683K25xas long as short