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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0111%/8h= +12.2% APRnext payment +$0.56 per $10,000 · paid last 24h +0.036%
Price spread now: edgeX against HTX−0.005%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.005%, 7d avg −0.059%
Together, before fees+0.036%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.054% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAG-USDT65.6400get 0.0000% / 4h1h 27m$1.1M$1.3M75x
ShortedgeX XAGUSDC65.6370.0111get 0.0056% / 4h1h 27m$669K$313K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
$23.39
Price spread: −0.005% → −0.059%
$5.41
Slippage, 4 orders
−$15.16
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$7.36
Costs to cover
0.362%
Break-even
9.2 days
Slippage from HTX: live order book, 5 min ago; edgeX: live order book, 20 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 HTX live order book, 5 min ago3.05 bp9.0 bp −$99.0 bp −$9012.0 bp −$1,198doesn't fit
Sell edgeX live order book, 20 min ago2.29 bp6.8 bp −$76.8 bp −$689.2 bp −$92321.5 bp −$10.7K

XAG on 44 exchanges

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−3.2000%1h65.632−0.012%$36K$23K20xas long as short
dYdX XAG-USD0.0000%1h65.586−0.082%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.620−0.030%$138.2M$205.5M100xas long as short
SunX XAG-USDT0.0000%4h65.610−0.046%$2K$2.4M20xas long as short
HTX XAG-USDTlong0.0000%4h65.640long leg$1.1M$1.3M75x
Phemex XAGUSDT0.0000%4h65.620−0.030%$1.5M$255K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.603−0.057%$119K250xas long as short
Ondo Perps XAG-USD.P+0.0031%1h65.550−0.137%$5.6M$11.1M25xas long as short
Lighter RH XAG+0.0032%1h65.595−0.068%$4.5M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.548−0.140%$5.1M$11.8M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h64.602−1.581%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.670+0.046%$790K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.048+0.622%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.600−0.061%$3.8M$907K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.539−0.154%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.620−0.030%$447K$1.4M20xas long as short
Paradex XAG-USD-PERP+0.0054%8h65.617−0.036%$29K5xas long as short
Variational Omni XAG+0.0067%4h65.630−0.016%$5.7M$9.1Mas long as short
tradeXYZ xyz:SILVER+0.0072%1h65.579−0.093%$175.3M$95.0M25xas long as short
Bybit XAGUSDT+0.0080%4h65.630−0.015%$30.4M$48.3M150xas long as short
Aster XAGUSDT+0.0088%4h65.617−0.035%$2.7M$1.2M100xas long as short
Binance XAGUSDT+0.0091%4h65.610−0.045%$191.4M$865.6M100xas long as short
MEXC SILVER_USDT+0.0092%4h65.600−0.061%$118.4M$164.7M1000xas long as short
Pacifica XAG+0.0100%1h65.587−0.081%$464K$559K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.570−0.107%$25.4M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.600−0.061%$112K$19K50xas long as short
Kalshi KXSILVERPERP+0.0102%24h65.647+0.011%$758K$39.1M8.1xas long as short
Aevo XAG-PERP+0.0104%1h65.596−0.067%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.620−0.030%$1.6M$1.9M20xas long as short
GRVT XAG_USDT_Perp+0.0108%4h65.649+0.014%$386K$1.6M25xas long as short
edgeX XAGUSDCshort+0.0111%4h65.637−0.005%$669K$313K30x
RISEx XAG/USDC+0.0116%1h65.639−0.002%$1.3M$5.2M20xas long as short
Phoenix SILVER+0.0122%1h65.611−0.044%$55K$14K25xas long as short
Nado XAG-PERP+0.0135%1h65.590−0.075%$1.2M$3.5M10xas long as short
Lighter XAG+0.0136%1h65.606−0.052%$5.1M$11.7M25xas long as short
OKX XAG-USDT-SWAP+0.0196%8h65.620−0.030%$28.0M$85.8M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0208%1h65.580−0.091%$77K$414K20xas long as short
Bullet SILVER-USD+0.0216%1h65.618−0.034%$45K$73K10xas long as short
Aftermath Perps XAGUSD+0.0222%1h65.616−0.037%$79K$37K10xas long as short
Bitget XAGUSDT+0.0228%4h65.620−0.030%$23.2M$53.0M100xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.617−0.035%$21K$12K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0274% / S −0.0244%1h65.615−0.038%$93K111xas long as short
BloFin XAG-USDT+0.0332%4h65.680+0.061%$2.7M$764K100xas long as short
Kraken Futures PF_XAGUSD+0.0548%1h65.588−0.079%$1.0M$952K25xas long as short