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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0109%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.015%
Price spread now: Bullet against Coinbase International−0.149%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bullet is 0.149% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.149% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.6 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX65.7100.0104pay 0.0013% / 1h56m 01s$1.6M$1.9M20x
ShortBullet SILVER-USD65.6120.0213get 0.0027% / 1h56m 01s$45K$73K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Coinbase International. 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
$22.94
Price spread: −0.149% → 0.000%
−$14.91
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$9.97
Costs to cover
0.180%
Break-even
10.0 days
Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago0.76 bp7.1 bp −$78.0 bp −$80doesn'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 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−0.0104%1h65.591−0.181%$39K$26K20xas long as short
dYdX XAG-USD0.0000%1h65.576−0.205%$13K$8K5xas long as short
Ondo Perps XAG-USD.P0.0000%1h65.530−0.274%$5.7M$11.1M25xas long as short
RISEx XAG/USDC0.0000%1h65.612−0.148%$1.3M$5.4M20xas long as short
Gate XAG_USDT0.0000%4h65.580−0.198%$136.5M$198.4M100xas long as short
SunX XAG-USDT0.0000%4h65.610−0.152%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.620−0.137%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.600−0.167%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.528−0.277%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.586−0.189%$4.6M$9.5M25xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.527−0.278%$5.1M$11.9M10xas long as short
Injective XAG/USDC PERP+0.0033%1h64.602−1.686%$11K$24052xas long as short
Bybit XAGUSDT+0.0039%4h65.600−0.167%$30.4M$48.1M150xas long as short
StandX XAG-USD+0.0040%1h65.640−0.107%$790K$3.0M40xas long as short
QFEX SILVER-USD+0.0042%1h65.600−0.167%$446K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h66.052+0.520%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.579−0.199%$3.8M$905K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.528−0.277%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0052%8h65.588−0.185%$29K5xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0055%1h65.560−0.228%$77K$409K20xas long as short
Variational Omni XAG+0.0061%4h65.748+0.057%$5.6M$9.0Mas long as short
Aster XAGUSDT+0.0074%4h65.590−0.183%$2.7M$1.2M100xas long as short
Binance XAGUSDT+0.0077%4h65.580−0.198%$190.3M$863.6M100xas long as short
MEXC SILVER_USDT+0.0078%4h65.560−0.228%$114.2M$162.7M1000xas long as short
Aevo XAG-PERP+0.0088%1h65.576−0.203%$47K10xas long as short
tradeXYZ xyz:SILVER+0.0090%1h65.564−0.222%$175.6M$93.1M25xas long as short
Pacifica XAG+0.0100%1h65.586−0.188%$463K$520K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.540−0.259%$25.3M$4.3M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.730+0.030%$112K$19K50xas long as short
edgeX XAGUSDC+0.0102%4h65.672−0.057%$670K$316K30xas long as short
GRVT XAG_USDT_Perp+0.0102%4h65.762+0.079%$390K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0104%1h65.710long leg$1.6M$1.9M20x
Kalshi KXSILVERPERP+0.0107%24h65.588−0.186%$792K$38.8M8.1xas long as short
Phoenix SILVER+0.0122%1h65.734+0.037%$55K$14K25xas long as short
Lighter XAG+0.0128%1h65.582−0.196%$5.3M$11.8M25xas long as short
Nado XAG-PERP+0.0144%1h65.611−0.150%$1.2M$3.4M10xas long as short
OKX XAG-USDT-SWAP+0.0178%8h65.590−0.183%$27.8M$85.8M50xas long as short
Bullet SILVER-USDshort+0.0213%1h65.612−0.149%$45K$73K10x
Bitget XAGUSDT+0.0214%4h65.590−0.183%$23.1M$52.8M100xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.595−0.176%$21K$12K10xas long as short
Aftermath Perps XAGUSD+0.0225%1h65.645−0.099%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0281% / S −0.0253%1h65.595−0.175%$93K111xas long as short
BloFin XAG-USDT+0.0316%4h65.670−0.061%$2.7M$785K100xas long as short
Kraken Futures PF_XAGUSD+0.0540%1h65.574−0.206%$1.0M$943K25xas long as short