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+0.0193%/8h= +21.2% APRpaid last 24h +0.046%
Price spread now: OKX against HTX+0.030%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$430.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.030%, 7d avg −0.059%
Together, before fees−0.010%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.089% dearer against HTX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.059%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAG-USDT66.5100get 0.0000% / 4h2h 56m$1.1M$1.1M75x
ShortOKX XAG-USDT-SWAP66.5300.0193get 0.0193% / 8h6h 56m$28.0M$66.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$40.63
Price spread: +0.030% → −0.059%
$8.88
Slippage, 4 orders
−$20.59
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$6.92
Costs to cover
0.426%
Break-even
5.8 days
Slippage from HTX: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago7.52 bp14.4 bp −$1420.7 bp −$20726.0 bp −$2,596doesn't fit
Sell OKX live order book, 3 min ago0.75 bp5.8 bp −$66.8 bp −$6812.1 bp −$1,212104.0 bp −$52.0K

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%1h66.388−0.183%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.590+0.120%$26.0M$35.9M150xas long as short
Gate XAG_USDT0.0000%4h66.470−0.060%$154.5M$159.9M100xas long as short
SunX XAG-USDT0.0000%4h66.570+0.090%$2K$2.9M20xas long as short
HTX XAG-USDTlong0.0000%4h66.510long leg$1.1M$1.1M75x
Phemex XAGUSDT0.0000%4h66.590+0.120%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.396−0.171%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.550+0.060%$4.8M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h66.414−0.144%$5.4M$12.5M10xas long as short
Hotstuff SILVER-PERP+0.0032%1h66.373−0.206%$35K$21K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.165%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.430−0.120%$799K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.907+0.597%25xas long as short
Phoenix SILVER+0.0048%1h66.369−0.212%$56K$26K25xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.400−0.165%$5.7M$9.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.449−0.092%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.470−0.060%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.450−0.090%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.430−0.120%$550K$23.0M8.1xas long as short
tradeXYZ xyz:SILVER+0.0077%1h66.429−0.122%$165.8M$85.2M25xas long as short
RISEx XAG/USDC+0.0079%1h66.509−0.002%$1.2M$4.3M20xas long as short
Aster XAGUSDT+0.0098%4h66.482−0.042%$2.8M$1.0M100xas long as short
Pacifica XAG+0.0100%1h66.446−0.096%$473K$611K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.450−0.090%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.390−0.180%$126K$23K50xas long as short
Lighter XAG+0.0112%1h66.554+0.066%$5.3M$10.4M25xas long as short
Paradex XAG-USD-PERP+0.0113%8h66.459−0.076%$30K$1K5xas long as short
Variational Omni XAG+0.0115%4h66.455−0.083%$5.6M$9.8Mas long as short
edgeX XAGUSDC+0.0123%4h66.509−0.002%$675K$316K30xas long as short
MEXC SILVER_USDT+0.0126%4h66.470−0.060%$108.2M$156.0M1000xas long as short
Binance XAGUSDT+0.0126%4h66.566+0.084%$193.6M$715.6M100xas long as short
Aevo XAG-PERP+0.0128%1h66.486−0.036%$48K10xas long as short
BloFin XAG-USDT+0.0158%4h66.470−0.060%$2.6M$663K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.380−0.195%$1.9M$962K20xas long as short
GRVT XAG_USDT_Perp+0.0190%4h66.454−0.084%$402K$1.5M25xas long as short
OKX XAG-USDT-SWAPshort+0.0193%8h66.530+0.030%$28.0M$66.7M50x
Bitget XAGUSDT+0.0200%4h66.490−0.030%$24.5M$46.5M100xas long as short
Aftermath Perps XAGUSD+0.0209%1h66.470−0.060%$80K$39K10xas long as short
Nado XAG-PERP+0.0226%1h66.465−0.068%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0261%1h66.466−0.066%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.465−0.068%$103K111xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.370−0.210%$20K$22K10xas long as short
Kraken Futures PF_XAGUSD+0.0462%1h66.481−0.044%$767K$552K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0502%1h66.540+0.045%$50K$331K20xas long as short