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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0163%/8h= +17.9% APRpaid last 24h +0.024%
Price spread now: BloFin against Lighter RH−0.034%91s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 4 days (all we have)+0.225%+$22 · spread now −0.034%, 7d avg +0.045%
Together, before fees+0.012%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.079% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.045%). If the spread goes back, that is −$8 on $10k: about 39 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG66.3430.0032pay 0.0004% / 1h25m 33s$4.8M$9.5M25x
ShortBloFin XAG-USDT66.3200.0195get 0.0098% / 4h1h 25m$2.6M$553K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter RH. 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
$34.27
Price spread: −0.034% → +0.045%
−$7.91
Slippage, 4 orders
−$7.73
Fee Lighter RH: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$6.63
Costs to cover
0.197%
Break-even
5.6 days
Slippage from Lighter RH: live order book, 3 min ago; BloFin: 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 Lighter RH live order book, 3 min ago1.42 bp1.4 bp −$12.3 bp −$2323.6 bp −$2,358doesn't fit
Sell BloFin live order book, 3 min ago1.51 bp7.5 bp −$89.0 bp −$9012.4 bp −$1,23618.8 bp −$9,386

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%1h66.272−0.106%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.360+0.026%$150.3M$164.2M100xas long as short
SunX XAG-USDT0.0000%4h66.330−0.019%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.360+0.026%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.350+0.011%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.296−0.071%$121K250xas long as short
Lighter RH XAGlong+0.0032%1h66.343long leg$4.8M$9.5M25x
Extended XAG-USD+0.0032%1h66.286−0.085%$5.2M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.087%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.270−0.109%$797K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.793+0.679%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.331−0.017%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.257−0.129%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.270−0.109%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.340−0.004%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.289−0.081%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.052%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.330−0.019%$166.1M$74.3M25xas long as short
Pacifica XAG+0.0100%1h66.294−0.073%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.310−0.049%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.280−0.094%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.301−0.063%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.341−0.003%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.354+0.017%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0158%4h66.380+0.056%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.323−0.029%$48K10xas long as short
RISEx XAG/USDC+0.0181%1h66.370+0.041%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321−0.032%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.346+0.005%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.310−0.049%$1.9M$981K20xas long as short
MEXC SILVER_USDT+0.0194%4h66.360+0.026%$103.4M$153.4M1000xas long as short
BloFin XAG-USDTshort+0.0195%4h66.320−0.034%$2.6M$553K100x
Binance XAGUSDT+0.0196%4h66.370+0.041%$192.3M$705.1M100xas long as short
edgeX XAGUSDC+0.0204%4h66.323−0.029%$673K$313K30xas long as short
Nado XAG-PERP+0.0211%1h66.300−0.064%$1.3M$6.6M10xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.370+0.041%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0234%1h66.277−0.099%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.370+0.041%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347+0.007%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.270−0.109%$20K$19K10xas long as short
Bullet SILVER-USD+0.0280%1h66.363+0.031%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0351% / S −0.0372%1h66.365+0.034%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.310−0.049%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.299−0.066%$915K$671K25xas long as short