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−0.0149%/8h= −16.4% APRnext payment $0.19 per $10,000 · paid last 24h −0.011%
Price spread now: Extended against RISEx−0.158%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$130.133% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.012%−$1 on $10k
Price spread, last 7 days+0.145%+$14 · spread now −0.158%, 7d avg −0.058%
Together, before fees+0.133%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.100% cheaper against RISEx than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAG/USDC66.3900.0181pay 0.0023% / 1h23m 51s$1.3M$4.5M20x
ShortExtended XAG-USD66.2850.0032get 0.0004% / 1h23m 51s$5.3M$12.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$31.39
Price spread: −0.158% → −0.058%
−$9.99
Slippage, 4 orders
−$2.29
Fee RISEx: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$54.67
Costs to cover
0.133%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago0.75 bp3.8 bp −$44.7 bp −$47doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.08 bp3.2 bp −$34.3 bp −$439.7 bp −$965doesn't fit

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%1h66.272−0.178%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.341−0.074%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.360−0.046%$150.3M$164.3M100xas long as short
SunX XAG-USDT0.0000%4h66.380−0.015%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.380−0.015%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.360−0.046%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.299−0.138%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.333−0.086%$4.8M$9.5M25xas long as short
Extended XAG-USDshort+0.0032%1h66.285−0.158%$5.3M$12.1M10x
Injective XAG/USDC PERP+0.0033%1h66.400+0.015%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.310−0.121%$798K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.810+0.632%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.352−0.058%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.282−0.163%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.260−0.196%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.370−0.030%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.335−0.083%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.124%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.329−0.092%$166.1M$73.4M25xas long as short
Pacifica XAG+0.0100%1h66.323−0.101%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.310−0.121%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.280−0.166%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.366−0.037%$30K$1K5xas long as short
Aster XAGUSDT+0.0136%4h66.363−0.042%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0154%4h66.370−0.030%$26.9M$36.1M150xas long as short
BloFin XAG-USDT+0.0175%4h66.340−0.076%$2.6M$553K100xas long as short
Aevo XAG-PERP+0.0176%1h66.356−0.052%$48K10xas long as short
RISEx XAG/USDClong+0.0181%1h66.390long leg$1.3M$4.5M20x
Variational Omni XAG+0.0184%4h66.321−0.104%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.340−0.076%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350−0.061%$1.9M$995K20xas long as short
MEXC SILVER_USDT+0.0196%4h66.340−0.076%$105.4M$153.6M1000xas long as short
Binance XAGUSDT+0.0196%4h66.356−0.052%$192.2M$705.4M100xas long as short
edgeX XAGUSDC+0.0204%4h66.323−0.101%$673K$313K30xas long as short
Nado XAG-PERP+0.0211%1h66.333−0.085%$1.3M$6.6M10xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.350−0.061%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0232%1h66.282−0.162%$80K$38K10xas long as short
Bitget XAGUSDT+0.0246%4h66.350−0.061%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347−0.065%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.270−0.181%$20K$19K10xas long as short
Bullet SILVER-USD+0.0279%1h66.377−0.019%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0351% / S −0.0373%1h66.375−0.023%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.340−0.076%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.335−0.083%$915K$671K25xas long as short