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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.024%
Price spread now: Binance against Injective−2.214%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 7 days+0.059%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 2.214% cheaper against Injective than usual: you would sell low and buy high (spread −2.214% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$221 on $10k: about 15 months of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h37m 09s$11K$94K52x
ShortBinance XAGUSDT64.9300.0050get 0.0025% / 4h3h 37m$195.9M$768.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. 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
$3.45
Price spread: −2.214% → 0.000%
−$221.39
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
−$227.95
Costs to cover
0.100%
Break-even
469.0 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 7 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 Injective no order-book sample
Sell Binance live order book, 7 min ago0.77 bp5.8 bp −$65.8 bp −$5810.1 bp −$1,01424.2 bp −$12.1K
Injective: 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%1h64.862−2.316%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h64.930−2.214%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.950−2.184%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.940−2.199%$1.4M$310K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.850−2.334%$117K250xas long as short
Variational Omni XAG+0.0012%4h64.904−2.253%$5.3M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.929−2.215%$4.6M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h64.857−2.323%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
Gate XAG_USDT+0.0034%4h64.950−2.184%$138.8M$181.5M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.940−2.199%$781K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.347−1.586%25xas long as short
QFEX SILVER-USD+0.0047%1h64.930−2.214%$445K$1.5M20xas long as short
MEXC SILVER_USDT+0.0048%4h64.920−2.229%$120.8M$158.0M1000xas long as short
Binance XAGUSDTshort+0.0050%4h64.930−2.214%$195.9M$768.6M100x
Polymarket Perps SILVER-USD+0.0050%1h64.868−2.307%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.853−2.330%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.830−2.364%$5.6M$9.9M25xas long as short
Paradex XAG-USD-PERP+0.0059%8h64.936−2.204%$29K$1665xas long as short
edgeX XAGUSDC+0.0061%4h64.937−2.203%$661K$313K30xas long as short
Aevo XAG-PERP+0.0064%1h64.908−2.247%$47K10xas long as short
Aster XAGUSDT+0.0065%4h64.931−2.213%$2.6M$997K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.900−2.259%$1.6M$1.4M20xas long as short
Kalshi KXSILVERPERP+0.0084%24h64.936−2.205%$485K$33.8M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h64.925−2.221%$35K$21K20xas long as short
Pacifica XAG+0.0100%1h64.895−2.267%$463K$592K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.880−2.289%$25.1M$4.5M75xas long as short
GRVT XAG_USDT_Perp+0.0100%4h64.907−2.249%$390K$1.6M25xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.880−2.289%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h64.865−2.312%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0138%1h64.899−2.261%$174.1M$86.4M25xas long as short
RISEx XAG/USDC+0.0158%1h64.952−2.180%$1.2M$4.9M20xas long as short
Nado XAG-PERP+0.0158%1h64.910−2.243%$1.2M$4.3M10xas long as short
Bybit XAGUSDT+0.0164%4h64.950−2.184%$29.3M$41.9M150xas long as short
Bitget XAGUSDT+0.0186%4h64.930−2.214%$23.1M$45.4M100xas long as short
OKX XAG-USDT-SWAP+0.0191%8h64.940−2.199%$28.6M$72.5M50xas long as short
BloFin XAG-USDT+0.0199%4h64.920−2.229%$2.7M$646K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0212%1h64.900−2.259%$76K$426K20xas long as short
Aftermath Perps XAGUSD+0.0215%1h64.911−2.243%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.920−2.229%$5.3M$11.0M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.915−2.236%$92K111xas long as short
Bullet SILVER-USD+0.0301%1h64.942−2.196%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0336%1h64.878−2.292%$20K$15K10xas long as short
Kraken Futures PF_XAGUSD+0.0420%1h64.904−2.253%$1.0M$868K25xas long as short