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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.016%
Price spread now: Kalshi against Hotstuff−0.041%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 · farm boardneeds both histories
Funding pays, the price is against you. Kalshi is 0.041% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP65.6670.0056pay 0.0007% / 1h9m 21s$35K$21K20x
ShortKalshi KXSILVERPERP65.6400.0076get 0.0229% / 24h8h 09m$450K$28.9M8.1x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi 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
$4.24
Price spread: −0.041% → 0.000%
−$4.11
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$14.87
Costs to cover
0.150%
Break-even
31.6 days
Slippage unknown: Hotstuff: no order-book sample; Kalshi: live order book, 5 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 Kalshi live order book, 5 min ago0.46 bp5.5 bp −$55.7 bp −$579.9 bp −$987doesn'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%1h65.642−0.038%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.710+0.065%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.710+0.065%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.690+0.035%$1.5M$280K100xas long as short
Ondo Perps XAG-USD.P+0.0001%1h65.610−0.087%$5.6M$9.7M25xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.675+0.012%$119K250xas long as short
RISEx XAG/USDC+0.0030%1h65.723+0.085%$1.2M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.694+0.042%$4.7M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.670+0.004%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.116%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.648−0.029%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h65.620−0.072%$789K$3.0M40xas long as short
Gate XAG_USDT+0.0042%4h65.740+0.111%$145.0M$180.1M100xas long as short
Vest SI-PERP+0.0046%1h66.136+0.714%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.693+0.040%$3.9M$710K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.636−0.047%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.690+0.035%$157K$2.8M20xas long as short
Hotstuff SILVER-PERPlong+0.0056%1h65.667long leg$35K$21K20x
Hibachi XAG/USDT-P+0.0056%1h65.545−0.186%$20K$19K10xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.692+0.039%$29K$1K5xas long as short
Kalshi KXSILVERPERPshort+0.0076%24h65.640−0.041%$450K$28.9M8.1x
tradeXYZ xyz:SILVER+0.0080%1h65.692+0.038%$171.2M$82.1M25xas long as short
Aster XAGUSDT+0.0086%4h65.720+0.081%$2.7M$944K100xas long as short
Pacifica XAG+0.0100%1h65.635−0.049%$469K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.690+0.035%$24.7M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.580−0.132%$112K$23K50xas long as short
Bybit XAGUSDT+0.0121%4h65.740+0.111%$28.9M$39.0M150xas long as short
Variational Omni XAG+0.0127%4h65.584−0.127%$5.5M$9.5Mas long as short
Lighter XAG+0.0128%1h65.687+0.031%$5.3M$11.3M25xas long as short
MEXC SILVER_USDT+0.0136%4h65.720+0.081%$124.2M$161.7M1000xas long as short
Aevo XAG-PERP+0.0136%1h65.709+0.063%$47K10xas long as short
Binance XAGUSDT+0.0137%4h65.720+0.081%$189.5M$745.0M100xas long as short
edgeX XAGUSDC+0.0147%4h65.560−0.162%$667K$312K30xas long as short
Nado XAG-PERP+0.0154%1h65.655−0.018%$1.3M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.530−0.209%$1.6M$1.3M20xas long as short
Aftermath Perps XAGUSD+0.0207%1h65.502−0.252%$79K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.710+0.065%$66K$368K20xas long as short
GRVT XAG_USDT_Perp+0.0208%4h65.644−0.034%$398K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0215%8h65.710+0.065%$27.9M$70.2M50xas long as short
Bitget XAGUSDT+0.0216%4h65.720+0.081%$23.9M$46.3M100xas long as short
Bullet SILVER-USD+0.0243%1h65.726+0.090%$44K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0366% / S −0.0361%1h65.725+0.088%$93K111xas long as short
BloFin XAG-USDT+0.0379%4h65.610−0.087%$2.6M$622K100xas long as short
Kraken Futures PF_XAGUSD+0.0469%1h65.657−0.015%$916K$735K25xas long as short