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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0021%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against RISEx+0.030%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.038%+$4 on $10k
Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.030%, 7d avg −0.018%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.048% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAG/USDC66.3300.0079pay 0.0010% / 1h13m 26s$1.2M$4.4M20x
ShortApeX Omni XAGUSDT66.3500.0100get 0.0013% / 1h13m 26s$126K$23K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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
$4.51
Price spread: +0.030% → −0.018%
$4.78
Slippage, 4 orders
−$36.87
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$43.58
Costs to cover
0.529%
Break-even
74.6 days
Slippage from RISEx: live order book, 6 min ago; ApeX Omni: live order book, 52 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 RISEx live order book, 6 min ago0.01 bp3.0 bp −$34.1 bp −$41doesn't fitdoesn't fit
Sell ApeX Omni live order book, 52 min ago9.02 bp24.9 bp −$2562.8 bp −$628doesn't fitdoesn't fit

XAG on 43 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%1h66.296−0.051%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.320−0.015%$153.1M$164.5M100xas long as short
SunX XAG-USDT0.0000%4h66.360+0.045%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.400+0.106%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.410+0.121%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.249−0.123%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.323−0.010%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.281−0.074%$5.4M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.106%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.410+0.121%$799K$2.9M40xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.762+0.651%25xas long as short
Ondo Perps XAG-USD.P+0.0047%1h66.220−0.166%$5.7M$9.6M25xas long as short
Phoenix SILVER+0.0048%1h66.297−0.050%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.286−0.066%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.247−0.125%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.310−0.030%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0062%24h66.342+0.018%$609K$23.8M8.1xas long as short
RISEx XAG/USDClong+0.0079%1h66.330long leg$1.2M$4.4M20x
tradeXYZ xyz:SILVER+0.0099%1h66.278−0.078%$165.8M$76.2M25xas long as short
Pacifica XAG+0.0100%1h66.296−0.051%$472K$606K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.280−0.075%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h66.350+0.030%$126K$23K50x
Hotstuff SILVER-PERP+0.0112%1h66.316−0.021%$35K$21K20xas long as short
Bybit XAGUSDT+0.0131%4h66.3300.000%$26.5M$36.4M150xas long as short
Aster XAGUSDT+0.0132%4h66.320−0.015%$2.7M$942K100xas long as short
Paradex XAG-USD-PERP+0.0137%8h66.338+0.011%$30K$1K5xas long as short
Variational Omni XAG+0.0166%4h66.373+0.064%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0168%1h66.307−0.035%$48K10xas long as short
MEXC SILVER_USDT+0.0180%4h66.300−0.045%$102.7M$158.6M1000xas long as short
Binance XAGUSDT+0.0181%4h66.316−0.020%$192.1M$706.8M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.410+0.121%$1.9M$971K20xas long as short
Lighter XAG+0.0192%1h66.332+0.003%$5.3M$10.6M25xas long as short
edgeX XAGUSDC+0.0197%4h66.404+0.112%$674K$315K30xas long as short
OKX XAG-USDT-SWAP+0.0212%8h66.320−0.015%$28.0M$65.7M50xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.320−0.015%$20K$22K10xas long as short
Nado XAG-PERP+0.0225%1h66.306−0.036%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0237%1h66.322−0.012%$80K$38K10xas long as short
Bitget XAGUSDT+0.0248%4h66.320−0.015%$23.9M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0266%4h66.378+0.072%$395K$1.5M25xas long as short
Bullet SILVER-USD+0.0287%1h66.329−0.002%$46K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.325−0.008%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.323−0.010%$765K$478K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.370+0.060%$50K$325K20xas long as short