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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0260%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.049%
Price spread now: Bullet against SoDEX+0.104%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 3 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 Bullet is 0.104% dearer against SoDEX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD66.0410.0050pay 0.0006% / 1h34m 36s$3K$6K20x
ShortBullet SILVER-USD66.1090.0310get 0.0039% / 1h34m 36s$45K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against SoDEX. 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
$54.51
Price spread: +0.104% → 0.000%
$10.36
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
$48.88
Costs to cover
0.160%
Break-even
0.7 days
Slippage unknown: SoDEX: no order-book sample; Bullet: no order-book sample. 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 SoDEX no order-book sample
Sell Bullet no order-book sample
SoDEX and Bullet: 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
dYdX XAG-USD0.0000%1h66.022−0.028%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.140+0.150%$150.1M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.110+0.104%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.140+0.150%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.120+0.120%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.040−0.002%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.094+0.080%$4.7M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.051+0.015%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.544%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.130+0.135%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.532+0.743%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.065+0.036%$3.9M$672K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h66.041long leg$3K$6K20x
Ondo Perps XAG-USD.P+0.0050%1h66.010−0.047%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.120+0.120%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.050+0.014%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.065+0.036%$518K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.068+0.041%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.080+0.059%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.070+0.044%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.074+0.050%$35K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.079+0.058%$165.4M$74.0M25xas long as short
RISEx XAG/USDC+0.0137%1h66.124+0.125%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.100+0.089%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0151%8h66.120+0.119%$30K$1K5xas long as short
Bybit XAGUSDT+0.0159%4h66.140+0.150%$27.0M$36.2M150xas long as short
Nado XAG-PERP+0.0194%1h66.038−0.005%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.109+0.104%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.103+0.093%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.135%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110+0.104%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123+0.125%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.110+0.104%$109.2M$152.5M1000xas long as short
Binance XAGUSDT+0.0216%4h66.120+0.119%$192.8M$701.1M100xas long as short
edgeX XAGUSDC+0.0220%4h66.135+0.142%$671K$311K30xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.074+0.050%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.130+0.135%$27.8M$65.5M50xas long as short
Bitget XAGUSDT+0.0260%4h66.120+0.120%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0286%4h66.160+0.180%$389K$1.5M25xas long as short
Bullet SILVER-USDshort+0.0310%1h66.109+0.104%$45K$76K10x
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.090+0.074%$62K$348K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0375% / S −0.0409%1h66.115+0.112%$103K111xas long as short
Hibachi XAG/USDT-P+0.0376%1h66.080+0.059%$20K$19K10xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.067+0.040%$911K$676K25xas long as short