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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h −0.016%
Price spread now: Hotstuff against dYdX+0.042%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hotstuff is 0.042% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XAG-USD66.1040get 0.0000% / 1h45m 00s$14K$665x
ShortHotstuff SILVER-PERP66.1320.0168get 0.0021% / 1h45m 00s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against dYdX. 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
$35.28
Price spread: +0.042% → 0.000%
$4.24
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$24.52
Costs to cover
0.150%
Break-even
2.1 days
Slippage unknown: dYdX: no order-book sample; Hotstuff: 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 dYdX no order-book sample
Sell Hotstuff no order-book sample
dYdX and Hotstuff: 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
Ondo Perps XAG-USD.P−0.0034%1h66.040−0.097%$5.7M$9.3M25xas long as short
dYdX XAG-USDlong0.0000%1h66.104long leg$14K$665x
SunX XAG-USDT0.0000%4h66.160+0.085%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.180+0.115%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.170+0.100%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.109+0.008%$121K250xas long as short
RISEx XAG/USDC+0.0030%1h66.171+0.101%$1.3M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h66.155+0.077%$4.8M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h66.112+0.012%$5.2M$11.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.448%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.100−0.006%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.140+0.054%$796K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.589+0.734%25xas long as short
Gate XAG_USDT+0.0046%4h66.180+0.115%$149.9M$154.0M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.131+0.041%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.110+0.009%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h66.150+0.070%$114K$2.7M20xas long as short
Paradex XAG-USD-PERP+0.0054%8h66.142+0.058%$30K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0064%1h66.129+0.038%$166.6M$73.9M25xas long as short
Bybit XAGUSDT+0.0068%4h66.180+0.115%$27.8M$36.2M150xas long as short
Kalshi KXSILVERPERP+0.0075%24h66.116+0.018%$519K$26.7M8.1xas long as short
Pacifica XAG+0.0100%1h66.104+0.001%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.130+0.039%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.100−0.006%$113K$30K50xas long as short
BloFin XAG-USDT+0.0102%4h66.150+0.070%$2.6M$571K100xas long as short
Aster XAGUSDT+0.0106%4h66.160+0.085%$2.7M$873K100xas long as short
Lighter XAG+0.0136%1h66.160+0.084%$5.3M$10.6M25xas long as short
Variational Omni XAG+0.0144%4h66.123+0.029%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0152%1h66.158+0.082%$47K10xas long as short
Binance XAGUSDT+0.0157%4h66.168+0.096%$191.2M$703.1M100xas long as short
MEXC SILVER_USDT+0.0158%4h66.160+0.085%$116.5M$151.8M1000xas long as short
Nado XAG-PERP+0.0162%1h66.130+0.039%$1.4M$5.5M10xas long as short
edgeX XAGUSDC+0.0167%4h66.132+0.043%$671K$312K30xas long as short
Hotstuff SILVER-PERPshort+0.0168%1h66.132+0.042%$35K$21K20x
Coinbase International SILVER-PERP-INTX+0.0176%1h65.980−0.188%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0194%1h66.101−0.005%$80K$36K10xas long as short
GRVT XAG_USDT_Perp+0.0196%4h66.160+0.085%$389K$1.5M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.150+0.070%$74K$364K20xas long as short
Bitget XAGUSDT+0.0218%4h66.170+0.100%$24.0M$44.8M100xas long as short
OKX XAG-USDT-SWAP+0.0219%8h66.160+0.085%$27.8M$64.6M50xas long as short
Bullet SILVER-USD+0.0223%1h66.166+0.094%$43K$76K10xas long as short
Hibachi XAG/USDT-P+0.0320%1h66.091−0.020%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0443%1h66.165+0.092%$106K111xas long as short
Kraken Futures PF_XAGUSD+0.0466%1h66.135+0.047%$909K$688K25xas long as short