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+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.011%
Price spread now: ApeX Omni against Extended−0.011%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.011%, 7d avg +0.031%
Together, before fees+0.218%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.042% cheaper against Extended than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.031%). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAG-USD65.9980.0032pay 0.0004% / 1h5m 08s$5.2M$11.5M10x
ShortApeX Omni XAGUSDT65.9900.0100get 0.0013% / 1h5m 08s$113K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
$14.28
Price spread: −0.011% → +0.031%
−$4.23
Slippage, 4 orders
−$27.82
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$32.77
Costs to cover
0.428%
Break-even
23.1 days
Slippage from Extended: live order book, 4 min ago; ApeX Omni: live order book, 45 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 Extended live order book, 4 min ago0.08 bp3.5 bp −$45.9 bp −$5914.2 bp −$1,421doesn't fit
Sell ApeX Omni live order book, 45 min ago4.55 bp18.3 bp −$1851.0 bp −$510doesn't fitdoesn't fit

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−0.0051%1h65.950−0.072%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.014%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.080+0.125%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.125%$1.1M$1.0M75xas long as short
Phemex XAGUSDT0.0000%4h66.070+0.110%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.999+0.002%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.054+0.085%$4.8M$9.6M25xas long as short
Extended XAG-USDlong+0.0032%1h65.998long leg$5.2M$11.5M10x
Hotstuff SILVER-PERP+0.0032%1h66.027+0.045%$35K$21K20xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.610%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.060+0.095%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.477+0.726%25xas long as short
Gate XAG_USDT+0.0046%4h66.080+0.125%$149.9M$164.4M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.027+0.045%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.997−0.001%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.044+0.071%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050+0.079%$114K$2.7M20xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.024+0.040%$166.3M$73.9M25xas long as short
Phoenix SILVER+0.0073%1h65.995−0.004%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0074%24h66.028+0.046%$530K$26.7M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.062+0.098%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.997−0.001%$469K$604K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030+0.049%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h65.990−0.011%$113K$30K50x
Bybit XAGUSDT+0.0108%4h66.080+0.125%$27.8M$36.5M150xas long as short
Lighter XAG+0.0120%1h66.054+0.086%$5.2M$10.9M25xas long as short
Aster XAGUSDT+0.0121%4h66.050+0.079%$2.7M$866K100xas long as short
Variational Omni XAG+0.0164%4h66.053+0.085%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.053+0.084%$47K10xas long as short
MEXC SILVER_USDT+0.0174%4h66.060+0.095%$115.0M$152.9M1000xas long as short
Binance XAGUSDT+0.0175%4h66.068+0.108%$191.0M$703.1M100xas long as short
edgeX XAGUSDC+0.0182%4h66.013+0.023%$670K$311K30xas long as short
Nado XAG-PERP+0.0186%1h66.012+0.022%$1.4M$5.8M10xas long as short
BloFin XAG-USDT+0.0196%4h66.060+0.095%$2.6M$570K100xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.022+0.037%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.040+0.064%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0208%4h66.053+0.084%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.027%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0223%8h66.070+0.110%$27.8M$64.6M50xas long as short
Bitget XAGUSDT+0.0228%4h66.060+0.095%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0237%1h66.064+0.101%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.010+0.019%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.065+0.102%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.039+0.064%$911K$685K25xas long as short