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+0.0624%/8h= +68.4% APRnext payment +$0.78 per $10,000 · paid last 24h +0.088%
Price spread now: Kraken Futures against dYdX+0.037%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 6 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 +$19 a day on $10k at the current rate, and Kraken Futures is 0.037% 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-USD65.9340get 0.0000% / 1h38m 22s$14K5x
ShortKraken Futures PF_XAGUSD65.9580.0624get 0.0078% / 1h38m 22s$910K$683K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$131.1
Price spread: +0.037% → 0.000%
$3.7
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$114.8
Costs to cover
0.200%
Break-even
0.9 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 15 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 dYdX no order-book sample
Sell Kraken Futures live order book, 15 min ago2.87 bp8.7 bp −$918.5 bp −$18557.7 bp −$5,769doesn't fit
dYdX: 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−0.0045%1h65.880−0.081%$5.7M$9.3M25xas long as short
dYdX XAG-USDlong0.0000%1h65.934long leg$14K5x
Gate XAG_USDT0.0000%4h65.990+0.085%$149.5M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.990+0.085%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.020+0.131%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.990+0.085%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.920−0.020%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.966+0.050%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.920−0.020%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.707%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.000+0.101%$794K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.406+0.716%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.947+0.020%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.946+0.019%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.931−0.004%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.946+0.019%$166.0M$73.5M25xas long as short
QFEX SILVER-USD+0.0060%1h65.970+0.055%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0072%24h65.954+0.031%$540K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.889−0.068%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.982+0.073%$1.3M$4.9M20xas long as short
Bybit XAGUSDT+0.0097%4h66.010+0.116%$27.4M$36.4M150xas long as short
Pacifica XAG+0.0100%1h65.921−0.019%$469K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.950+0.025%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.920−0.021%$113K$30K50xas long as short
Lighter XAG+0.0112%1h65.969+0.054%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0114%8h65.971+0.056%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h65.970+0.055%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0181%1h65.937+0.005%$1.4M$5.9M10xas long as short
Aevo XAG-PERP+0.0184%1h65.978+0.067%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963+0.045%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0200%4h65.970+0.055%$112.8M$152.1M1000xas long as short
Binance XAGUSDT+0.0201%4h65.984+0.076%$191.0M$702.6M100xas long as short
BloFin XAG-USDT+0.0204%4h66.000+0.101%$2.6M$556K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.970+0.055%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h65.973+0.060%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950+0.025%$1.8M$1.0M20xas long as short
edgeX XAGUSDC+0.0213%4h65.953+0.030%$669K$310K30xas long as short
Aftermath Perps XAGUSD+0.0213%1h65.954+0.030%$79K$36K10xas long as short
OKX XAG-USDT-SWAP+0.0233%8h65.980+0.070%$27.7M$64.7M50xas long as short
Bullet SILVER-USD+0.0233%1h65.984+0.076%$44K$76K10xas long as short
Bitget XAGUSDT+0.0240%4h65.980+0.070%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-P+0.0328%1h65.940+0.010%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h65.985+0.078%$105K111xas long as short
Kraken Futures PF_XAGUSDshort+0.0624%1h65.958+0.037%$910K$683K25x