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+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: tradeXYZ against Extended0.000%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days−0.015%−$2 · spread now 0.000%, 7d avg −0.005%
Together, before fees+0.013%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAG-USD65.2300.0032pay 0.0004% / 1h30m 51s$5.0M$11.6M10x
ShorttradeXYZ xyz:SILVER65.2300.0050get 0.0006% / 1h30m 51s$169.5M$81.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$3.78
Price spread: 0.000% → −0.005%
$0.43
Slippage, 4 orders
−$1.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$19.84
Costs to cover
0.240%
Break-even
43.7 days
Slippage from Extended: live order book, 3 min ago; tradeXYZ: live order book, 9 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, 3 min ago0.08 bp2.6 bp −$35.7 bp −$5712.2 bp −$1,220doesn't fit
Sell tradeXYZ live order book, 9 min ago0.08 bp9.8 bp −$109.9 bp −$9911.8 bp −$1,178doesn'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
Hotstuff SILVER-PERP−0.0056%1h65.295+0.099%$35K$21K20xas long as short
Ondo Perps XAG-USD.P−0.0036%1h65.190−0.062%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.242+0.018%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.280+0.076%$27.7M$39.3M150xas long as short
Variational Omni XAG0.0000%4h65.293+0.096%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.290+0.092%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.350+0.184%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.320+0.138%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.241+0.017%$118K250xas long as short
Aster XAGUSDT+0.0024%4h65.280+0.076%$2.7M$928K100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAGUSDT+0.0026%4h65.270+0.061%$191.5M$753.7M100xas long as short
MEXC SILVER_USDT+0.0026%4h65.270+0.061%$120.7M$157.7M1000xas long as short
Lighter RH XAG+0.0032%1h65.262+0.048%$4.6M$9.8M25xas long as short
Extended XAG-USDlong+0.0032%1h65.230long leg$5.0M$11.6M10x
Injective XAG/USDC PERP+0.0033%1h66.400+1.793%$11K$94K52xas long as short
Gate XAG_USDT+0.0034%4h65.300+0.107%$140.7M$178.4M100xas long as short
StandX XAG-USD+0.0040%1h65.330+0.153%$786K$2.9M40xas long as short
Aevo XAG-PERP+0.0040%1h65.292+0.095%$47K10xas long as short
edgeX XAGUSDC+0.0044%4h65.324+0.143%$665K$314K30xas long as short
QFEX SILVER-USD+0.0044%1h65.290+0.092%$157K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.717+0.746%25xas long as short
tradeXYZ xyz:SILVERshort+0.0050%1h65.2300.000%$169.5M$81.7M25x
Polymarket Perps SILVER-USD+0.0050%1h65.272+0.064%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.244+0.021%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0052%8h65.286+0.086%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.316+0.131%$56K$31K25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.277+0.072%$466K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.300+0.107%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.255+0.038%$464K$611K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.250+0.030%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.240+0.015%$111K$19K50xas long as short
BloFin XAG-USDT+0.0103%4h65.320+0.138%$2.7M$574K100xas long as short
RISEx XAG/USDC+0.0118%1h65.315+0.130%$1.2M$4.8M20xas long as short
GRVT XAG_USDT_Perp+0.0130%4h65.372+0.217%$384K$1.6M25xas long as short
Lighter XAG+0.0152%1h65.260+0.046%$5.3M$11.1M25xas long as short
Bitget XAGUSDT+0.0152%4h65.270+0.061%$23.2M$44.7M100xas long as short
Nado XAG-PERP+0.0159%1h65.274+0.068%$1.2M$4.7M10xas long as short
OKX XAG-USDT-SWAP+0.0166%8h65.280+0.076%$28.2M$69.8M50xas long as short
Aftermath Perps XAGUSD+0.0183%1h65.293+0.096%$78K$37K10xas long as short
Hibachi XAG/USDT-P+0.0184%1h65.255+0.038%$20K$17K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0210%1h65.290+0.092%$65K$391K20xas long as short
Bullet SILVER-USD+0.0220%1h65.305+0.115%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.305+0.115%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.270+0.061%$1.0M$868K25xas long as short