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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.03 per $10,000 · paid last 24h +0.002%
Price spread now: StandX against Phoenix+0.006%57s7-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 7 days−0.050%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix SILVER65.0760.0061pay 0.0008% / 1h6m 19s$56K$31K25x
ShortStandX XAG-USD65.0800.0040get 0.0005% / 1h6m 19s$783K$3.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Phoenix. 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
−$4.47
Price spread: +0.006% → 0.000%
$0.61
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$18.86
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; StandX: live order book, 3 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 Phoenix no order-book sample
Sell StandX live order book, 3 min ago3.07 bp7.1 bp −$78.7 bp −$8738.8 bp −$3,878doesn't fit
Phoenix: 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
Ondo Perps XAG-USD.P−0.0025%1h64.970−0.163%$5.6M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.061−0.023%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h64.997−0.122%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.080+0.006%$27.7M$39.0M150xas long as short
Variational Omni XAG0.0000%4h65.227+0.232%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.090+0.022%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.150+0.114%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.100+0.037%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.004−0.111%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.091+0.023%$4.6M$10.0M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.026−0.077%$5.0M$11.8M10xas long as short
Gate XAG_USDT+0.0032%4h65.080+0.006%$140.2M$181.8M100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.035%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.060−0.025%$124.8M$162.7M1000xas long as short
Binance XAGUSDT+0.0035%4h65.070−0.009%$191.5M$755.8M100xas long as short
StandX XAG-USDshort+0.0040%1h65.080+0.006%$783K$3.0M40x
Aster XAGUSDT+0.0042%4h65.075−0.001%$2.7M$982K100xas long as short
QFEX SILVER-USD+0.0044%1h65.070−0.009%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.483+0.625%25xas long as short
Aevo XAG-PERP+0.0048%1h65.060−0.025%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.035−0.063%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.003−0.112%$3K$6K20xas long as short
edgeX XAGUSDC+0.0050%4h65.251+0.269%$664K$312K30xas long as short
Paradex XAG-USD-PERP+0.0054%8h65.071−0.008%$29K$1K5xas long as short
Phoenix SILVERlong+0.0061%1h65.076long leg$56K$31K25x
tradeXYZ xyz:SILVER+0.0071%1h65.031−0.069%$172.9M$84.6M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.055−0.032%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030−0.071%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.028−0.074%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.040−0.055%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200+0.191%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.082+0.010%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0136%4h65.100+0.037%$2.7M$624K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.219+0.219%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.026−0.077%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0162%4h65.070−0.009%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.080+0.006%$28.4M$70.5M50xas long as short
Lighter XAG+0.0184%1h65.087+0.017%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0196%1h65.088+0.018%$78K$37K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.052−0.036%$20K$16K10xas long as short
Bullet SILVER-USD+0.0234%1h65.071−0.008%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075−0.002%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0365%1h65.053−0.035%$1.0M$869K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.060−0.025%$65K$398K20xas long as short