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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h +0.036%
Price spread now: Extended against Hotstuff−0.093%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.093% cheaper against Hotstuff than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.1250.0064pay 0.0008% / 1h37m 31s$35K$21K20x
ShortExtended XAG-USD66.0640.0032get 0.0004% / 1h37m 31s$5.2M$11.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hotstuff. 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
−$6.72
Price spread: −0.093% → 0.000%
−$9.3
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$26.02
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 2 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 Hotstuff no order-book sample
Sell Extended live order book, 2 min ago0.08 bp2.7 bp −$33.7 bp −$379.7 bp −$974doesn't fit
Hotstuff: 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
dYdX XAG-USD0.0000%1h66.085−0.060%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.140+0.023%$150.2M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.170+0.068%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.170+0.068%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.160+0.053%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.060−0.098%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.140+0.023%$4.8M$9.4M25xas long as short
Extended XAG-USDshort+0.0032%1h66.064−0.093%$5.2M$11.7M10x
Injective XAG/USDC PERP+0.0033%1h66.400+0.416%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.150+0.038%$796K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.560+0.658%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.094−0.047%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.087−0.057%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.010−0.174%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.120−0.008%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.074−0.077%$56K$26K25xas long as short
Hotstuff SILVER-PERPlong+0.0064%1h66.125long leg$35K$21K20x
Kalshi KXSILVERPERP+0.0068%24h66.111−0.021%$509K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.084−0.062%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.100−0.038%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.060−0.098%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0134%1h66.096−0.044%$165.5M$73.8M25xas long as short
RISEx XAG/USDC+0.0137%1h66.130+0.008%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.161+0.054%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0151%4h66.140+0.023%$27.0M$36.1M150xas long as short
Paradex XAG-USD-PERP+0.0152%8h66.141+0.025%$30K$1K5xas long as short
Nado XAG-PERP+0.0191%1h66.101−0.036%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.119−0.009%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.158+0.050%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.008%$1.8M$999K20xas long as short
Variational Omni XAG+0.0202%4h66.133+0.012%$5.6M$9.7Mas long as short
BloFin XAG-USDT+0.0212%4h66.130+0.008%$2.6M$554K100xas long as short
MEXC SILVER_USDT+0.0216%4h66.120−0.008%$109.1M$152.4M1000xas long as short
Binance XAGUSDT+0.0218%4h66.120−0.008%$192.8M$700.9M100xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.109−0.024%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.140+0.023%$27.7M$65.5M50xas long as short
edgeX XAGUSDC+0.0231%4h66.127+0.003%$671K$311K30xas long as short
Bitget XAGUSDT+0.0258%4h66.120−0.008%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0280%4h66.144+0.029%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0312%1h66.133+0.012%$45K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.140+0.023%$62K$348K20xas long as short
Hibachi XAG/USDT-P+0.0360%1h66.117−0.013%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0374% / S −0.0407%1h66.165+0.060%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.126+0.001%$912K$676K25xas long as short