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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0126%/8h= −13.8% APRnext payment $0.16 per $10,000 · paid last 24h −0.042%
Price spread now: SoDEX against Coinbase International+0.162%7-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
The price spread pays, funding is against you. SoDEX is 0.162% dearer against Coinbase International than usual: you sell high and buy low (spread +0.162% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX65.5300.0176pay 0.0022% / 1h9m 54s$1.6M$1.3M20x
ShortSoDEX SILVER-USD65.6360.0050get 0.0006% / 1h9m 54s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$26.46
Price spread: +0.162% → 0.000%
$16.18
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$28.28
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; SoDEX: 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, 4 min ago2.29 bp7.3 bp −$78.5 bp −$85doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h65.576+0.070%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.690+0.244%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.710+0.275%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.690+0.244%$1.5M$280K100xas long as short
Ondo Perps XAG-USD.P+0.0001%1h65.560+0.046%$5.6M$9.7M25xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.616+0.132%$119K250xas long as short
RISEx XAG/USDC+0.0030%1h65.662+0.202%$1.2M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.671+0.215%$4.7M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.639+0.166%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.328%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.418−0.171%$56K$26K25xas long as short
Gate XAG_USDT+0.0040%4h65.710+0.275%$145.2M$179.9M100xas long as short
StandX XAG-USD+0.0040%1h65.570+0.061%$789K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.068+0.821%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.627+0.148%$3.9M$710K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h65.636+0.162%$3K$6K20x
QFEX SILVER-USD+0.0051%1h65.630+0.153%$157K$2.8M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.607+0.118%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.616+0.131%$29K$1K5xas long as short
Kalshi KXSILVERPERP+0.0076%24h65.640+0.168%$450K$28.9M8.1xas long as short
tradeXYZ xyz:SILVER+0.0081%1h65.659+0.197%$171.1M$82.7M25xas long as short
Aster XAGUSDT+0.0088%4h65.680+0.229%$2.7M$944K100xas long as short
Pacifica XAG+0.0100%1h65.585+0.084%$468K$626K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.660+0.198%$24.7M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.400−0.198%$112K$23K50xas long as short
Bybit XAGUSDT+0.0125%4h65.700+0.259%$28.9M$38.9M150xas long as short
Variational Omni XAG+0.0127%4h65.584+0.082%$5.5M$9.5Mas long as short
Lighter XAG+0.0128%1h65.691+0.245%$5.3M$11.2M25xas long as short
Hibachi XAG/USDT-P+0.0136%1h65.476−0.083%$20K$19K10xas long as short
Aevo XAG-PERP+0.0136%1h65.678+0.225%$47K10xas long as short
Binance XAGUSDT+0.0138%4h65.690+0.244%$189.4M$744.8M100xas long as short
MEXC SILVER_USDT+0.0138%4h65.680+0.229%$123.8M$161.7M1000xas long as short
Nado XAG-PERP+0.0155%1h65.582+0.080%$1.3M$5.5M10xas long as short
edgeX XAGUSDC+0.0158%4h65.443−0.133%$666K$311K30xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0176%1h65.530long leg$1.6M$1.3M20x
GRVT XAG_USDT_Perp+0.0204%4h65.430−0.153%$397K$1.5M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.680+0.229%$66K$368K20xas long as short
Aftermath Perps XAGUSD+0.0208%1h65.471−0.091%$79K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0216%8h65.700+0.259%$28.0M$70.2M50xas long as short
Bitget XAGUSDT+0.0216%4h65.700+0.259%$23.8M$46.3M100xas long as short
Bullet SILVER-USD+0.0245%1h65.681+0.230%$43K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0366% / S −0.0361%1h65.675+0.221%$93K111xas long as short
BloFin XAG-USDT+0.0379%4h65.610+0.122%$2.6M$622K100xas long as short
Kraken Futures PF_XAGUSD+0.0469%1h65.657+0.194%$916K$735K25xas long as short