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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.48 per $10,000 · paid last 24h +0.027%
Price spread now: Bitget against edgeX+0.111%84s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.111%, 7d avg +0.008%
Together, before fees−0.091%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.103% dearer against edgeX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC65.3080.0075pay 0.0037% / 4h58m 14s$665K$314K30x
ShortBitget XAGUSDT65.3800.0170get 0.0085% / 4h58m 14s$23.7M$45.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$20.02
Price spread: +0.111% → +0.008%
$10.3
Slippage, 4 orders
−$7.11
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$2.21
Costs to cover
0.281%
Break-even
6.2 days
Slippage from edgeX: live order book, 46 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 46 min ago2.29 bp6.8 bp −$76.8 bp −$689.2 bp −$92421.2 bp −$10.6K
Sell Bitget live order book, 6 min ago0.77 bp7.8 bp −$89.1 bp −$9114.9 bp −$1,48836.4 bp −$18.2K

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%1h65.293−0.022%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.380+0.111%$27.8M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.370+0.096%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.420+0.172%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.380+0.111%$1.5M$281K100xas long as short
Ondo Perps XAG-USD.P+0.0001%1h65.270−0.057%$5.6M$9.7M25xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.310+0.004%$118K250xas long as short
Variational Omni XAG+0.0030%4h65.314+0.009%$5.5M$9.2Mas long as short
Lighter RH XAG+0.0032%1h65.373+0.100%$4.6M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.307−0.001%$5.1M$11.6M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400+1.673%$11K$94K52xas long as short
Gate XAG_USDT+0.0034%4h65.400+0.142%$141.4M$176.1M100xas long as short
StandX XAG-USD+0.0040%1h65.330+0.034%$786K$2.9M40xas long as short
Aster XAGUSDT+0.0042%4h65.380+0.111%$2.7M$958K100xas long as short
QFEX SILVER-USD+0.0044%1h65.390+0.126%$152K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.764+0.699%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.291−0.025%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.351+0.067%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.303−0.007%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.329+0.032%$29K$1K5xas long as short
MEXC SILVER_USDT+0.0054%4h65.370+0.096%$116.9M$155.9M1000xas long as short
Binance XAGUSDT+0.0055%4h65.382+0.113%$191.6M$763.3M100xas long as short
Phoenix SILVER+0.0061%1h65.274−0.051%$56K$30K25xas long as short
tradeXYZ xyz:SILVER+0.0069%1h65.348+0.062%$170.6M$83.2M25xas long as short
Aevo XAG-PERP+0.0072%1h65.365+0.089%$47K10xas long as short
edgeX XAGUSDClong+0.0075%4h65.308long leg$665K$314K30x
Kalshi KXSILVERPERP+0.0079%24h65.347+0.060%$483K$31.5M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.230−0.119%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.289−0.028%$468K$621K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330+0.034%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.260−0.073%$112K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.382+0.114%$1.2M$4.9M20xas long as short
GRVT XAG_USDT_Perp+0.0142%4h65.325+0.026%$391K$1.6M25xas long as short
Lighter XAG+0.0144%1h65.372+0.099%$5.3M$11.1M25xas long as short
Hibachi XAG/USDT-P+0.0152%1h65.288−0.030%$20K$18K10xas long as short
Nado XAG-PERP+0.0167%1h65.305−0.004%$1.2M$5.1M10xas long as short
Bitget XAGUSDTshort+0.0170%4h65.380+0.111%$23.7M$45.9M100x
OKX XAG-USDT-SWAP+0.0183%8h65.380+0.111%$28.1M$71.0M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.350+0.065%$66K$385K20xas long as short
Aftermath Perps XAGUSD+0.0215%1h65.301−0.010%$78K$37K10xas long as short
BloFin XAG-USDT+0.0222%4h65.310+0.004%$2.6M$598K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.375+0.103%$93K111xas long as short
Bullet SILVER-USD+0.0248%1h65.372+0.099%$44K$75K10xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.342+0.053%$1.0M$875K25xas long as short