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+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against edgeX−0.232%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.215%−$22 on $10k
Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.232%, 7d avg +0.017%
Together, before fees+0.019%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.249% cheaper against edgeX than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of +0.017%). If the spread goes back, that is −$25 on $10k: about 9.6 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.215%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC65.2510.0050pay 0.0025% / 4h5m 56s$664K$312K30x
ShortBloFin XAG-USDT65.1000.0136get 0.0068% / 4h5m 56s$2.7M$624K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$18.09
Price spread: −0.232% → +0.017%
−$24.87
Slippage, 4 orders
−$9.2
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$36.99
Costs to cover
0.302%
Break-even
21.3 days
Slippage from edgeX: live order book, 33 min ago; BloFin: live order book, 2 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, 33 min ago2.30 bp6.8 bp −$76.8 bp −$689.2 bp −$92421.2 bp −$10.6K
Sell BloFin live order book, 2 min ago0.77 bp9.8 bp −$109.8 bp −$9810.5 bp −$1,04615.7 bp −$7,854

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−0.0025%1h64.970−0.431%$5.6M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.061−0.291%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h64.997−0.390%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.080−0.262%$27.7M$39.0M150xas long as short
Variational Omni XAG0.0000%4h65.227−0.037%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.080−0.262%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.140−0.170%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.070−0.278%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.004−0.379%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.066−0.284%$4.6M$10.0M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.008−0.372%$5.0M$11.8M10xas long as short
Gate XAG_USDT+0.0032%4h65.090−0.247%$140.2M$181.8M100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.761%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.060−0.293%$124.8M$162.7M1000xas long as short
Binance XAGUSDT+0.0035%4h65.072−0.275%$191.5M$756.0M100xas long as short
StandX XAG-USD+0.0040%1h65.080−0.262%$783K$3.0M40xas long as short
Aster XAGUSDT+0.0042%4h65.070−0.278%$2.6M$982K100xas long as short
QFEX SILVER-USD+0.0044%1h65.070−0.278%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.483+0.355%25xas long as short
Aevo XAG-PERP+0.0048%1h65.060−0.293%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.035−0.331%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.003−0.380%$3K$6K20xas long as short
edgeX XAGUSDClong+0.0050%4h65.251long leg$664K$312K30x
Paradex XAG-USD-PERP+0.0054%8h65.071−0.277%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.076−0.268%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0071%1h65.038−0.327%$172.9M$84.6M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.031−0.337%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030−0.339%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.028−0.342%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.030−0.339%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200−0.078%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.082−0.259%$1.3M$4.9M20xas long as short
BloFin XAG-USDTshort+0.0136%4h65.100−0.232%$2.7M$624K100x
GRVT XAG_USDT_Perp+0.0144%4h65.219−0.049%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.026−0.346%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0162%4h65.080−0.262%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.080−0.262%$28.3M$70.6M50xas long as short
Lighter XAG+0.0184%1h65.067−0.283%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0196%1h65.088−0.250%$78K$37K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.052−0.305%$20K$16K10xas long as short
Bullet SILVER-USD+0.0234%1h65.071−0.277%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075−0.270%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0365%1h65.044−0.317%$1.0M$869K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.060−0.293%$65K$398K20xas long as short