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−0.0172%/8h= −18.9% APRnext payment $0.22 per $10,000 · paid last 24h −0.035%
Price spread now: RISEx against Bullet−0.027%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 feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and RISEx is 0.027% cheaper against Bullet than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SILVER-USD66.1630.0309pay 0.0039% / 1h33m 15s$44K$76K10x
ShortRISEx XAG/USDC66.1460.0137get 0.0017% / 1h33m 15s$1.3M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Bullet. 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
−$36.17
Price spread: −0.027% → 0.000%
−$2.67
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$52.84
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; RISEx: live order book, 1 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 Bullet no order-book sample
Sell RISEx live order book, 1 min ago1.21 bp4.2 bp −$44.9 bp −$49doesn't fitdoesn't fit
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%1h66.022−0.213%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.170+0.010%$150.2M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.160−0.005%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.160−0.005%$1.0M$971K75xas long as short
Phemex XAGUSDT0.0000%4h66.150−0.020%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.074−0.135%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.125−0.057%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.075−0.134%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.358%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.120−0.065%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.573+0.619%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.114−0.075%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.115−0.073%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.068−0.144%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.020−0.217%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.140−0.035%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.080−0.126%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.118−0.069%$521K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.091−0.109%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.110−0.081%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.050−0.171%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.119−0.067%$165.5M$74.0M25xas long as short
RISEx XAG/USDCshort+0.0137%1h66.146−0.027%$1.3M$4.5M20x
Aster XAGUSDT+0.0145%4h66.101−0.095%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0151%8h66.145−0.028%$30K$1K5xas long as short
Bybit XAGUSDT+0.0160%4h66.170+0.010%$27.0M$36.1M150xas long as short
Nado XAG-PERP+0.0196%1h66.092−0.108%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.137−0.040%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.140−0.036%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130−0.050%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0205%4h66.160−0.005%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123−0.060%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.140−0.035%$109.2M$152.5M1000xas long as short
Binance XAGUSDT+0.0216%4h66.150−0.020%$192.8M$700.9M100xas long as short
Aftermath Perps XAGUSD+0.0229%1h66.095−0.104%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0232%8h66.160−0.005%$27.8M$65.5M50xas long as short
edgeX XAGUSDC+0.0235%4h66.098−0.098%$671K$312K30xas long as short
Bitget XAGUSDT+0.0260%4h66.140−0.035%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0282%4h66.121−0.065%$389K$1.5M25xas long as short
Bullet SILVER-USDlong+0.0309%1h66.163long leg$44K$76K10x
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.120−0.065%$62K$348K20xas long as short
Hibachi XAG/USDT-P+0.0376%1h66.060−0.156%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0376% / S −0.0411%1h66.155−0.013%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.114−0.075%$912K$676K25xas long as short