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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.005%
Price spread now: QFEX against Injective+1.127%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and QFEX is 1.127% dearer against Injective than usual: you sell high and buy low: +$113 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP64.602−0.0220get 0.0028% / 1h15m 47s$11K$24052x
ShortQFEX SILVER-USD65.3300.0062get 0.0008% / 1h15m 47s$444K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$59.2
Price spread: +1.127% → 0.000%
$112.69
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee QFEX: 5 bp × 2 orders
−$10
Net
$161.87
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago2.30 bp7.3 bp −$77.3 bp −$738.8 bp −$88312.6 bp −$6,306
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 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
Injective XAG/USDC PERPlong−0.0220%1h64.602long leg$11K$24052x
Ondo Perps XAG-USD.P−0.0003%1h65.240+0.988%$5.7M$10.4M25xas long as short
dYdX XAG-USD0.0000%1h65.326+1.121%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h65.410+1.251%$139.2M$200.1M100xas long as short
SunX XAG-USDT0.0000%4h65.360+1.173%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.410+1.251%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+1.220%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.302+1.084%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.381+1.206%$4.5M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.329+1.125%$5.1M$11.6M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.330+1.127%$786K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.775+1.816%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.333+1.132%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.300+1.080%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.369+1.187%$29K$1665xas long as short
QFEX SILVER-USDshort+0.0062%1h65.330+1.127%$444K$1.4M20x
Coinbase International SILVER-PERP-INTX+0.0088%1h65.330+1.127%$1.6M$1.7M20xas long as short
Kalshi KXSILVERPERP+0.0096%24h65.374+1.195%$641K$37.2M8.1xas long as short
Variational Omni XAG+0.0100%4h65.381+1.206%$5.7M$9.2Mas long as short
Pacifica XAG+0.0100%1h65.321+1.114%$465K$574K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.360+1.173%$25.2M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.270+1.034%$111K$19K50xas long as short
Phoenix SILVER+0.0110%1h65.288+1.062%$55K$13K25xas long as short
Hotstuff SILVER-PERP+0.0112%1h65.289+1.063%$35K$23K20xas long as short
tradeXYZ xyz:SILVER+0.0123%1h65.349+1.156%$174.1M$93.0M25xas long as short
Aevo XAG-PERP+0.0128%1h65.379+1.203%$47K10xas long as short
MEXC SILVER_USDT+0.0130%4h65.380+1.204%$119.6M$166.7M1000xas long as short
Binance XAGUSDT+0.0131%4h65.390+1.220%$193.1M$835.4M100xas long as short
edgeX XAGUSDC+0.0134%4h65.334+1.132%$666K$315K30xas long as short
Aster XAGUSDT+0.0138%4h65.390+1.220%$2.7M$1.1M100xas long as short
Nado XAG-PERP+0.0181%1h65.314+1.101%$1.2M$3.9M10xas long as short
GRVT XAG_USDT_Perp+0.0188%4h65.320+1.111%$394K$1.6M25xas long as short
Lighter XAG+0.0192%1h65.378+1.202%$5.1M$11.7M25xas long as short
RISEx XAG/USDC+0.0206%1h65.357+1.169%$1.2M$4.9M20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.340+1.142%$77K$411K20xas long as short
OKX XAG-USDT-SWAP+0.0214%8h65.390+1.220%$27.9M$82.4M50xas long as short
Bybit XAGUSDT+0.0216%4h65.400+1.235%$30.5M$46.8M150xas long as short
Aftermath Perps XAGUSD+0.0217%1h65.305+1.088%$78K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h65.390+1.220%$23.1M$50.4M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0263% / S −0.0229%1h65.405+1.243%$93K111xas long as short
Hibachi XAG/USDT-P+0.0272%1h65.270+1.034%$20K$12K10xas long as short
Bullet SILVER-USD+0.0277%1h65.374+1.195%$44K$74K10xas long as short
BloFin XAG-USDT+0.0370%4h65.310+1.096%$2.7M$753K100xas long as short
Kraken Futures PF_XAGUSD+0.0775%1h65.337+1.138%$1.0M$937K25xas long as short