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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.14 per $10,000 · paid last 24h +0.007%
Price spread now: RISEx against SoDEX+0.087%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 4 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 +$3 a day on $10k at the current rate, and RISEx is 0.087% dearer against SoDEX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD64.8550.0050pay 0.0006% / 1h34m 01s$3K$6K20x
ShortRISEx XAG/USDC64.9120.0158get 0.0020% / 1h34m 01s$1.2M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$22.69
Price spread: +0.087% → 0.000%
$8.73
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$17.42
Costs to cover
0.140%
Break-even
1.6 days
Slippage unknown: SoDEX: no order-book sample; RISEx: live order book, 5 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 SoDEX no order-book sample
Sell RISEx live order book, 5 min ago1.36 bp4.4 bp −$46.0 bp −$60doesn't fitdoesn't fit
SoDEX: 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%1h64.862+0.011%$12K$6K5xas long as short
SunX XAG-USDT0.0000%4h64.930+0.116%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.950+0.146%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.920+0.100%$1.4M$310K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.866+0.016%$117K250xas long as short
Variational Omni XAG+0.0015%4h64.904+0.076%$5.3M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.893+0.058%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h64.822−0.050%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.382%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h64.890+0.054%$780K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDT+0.0042%4h64.900+0.069%$139.3M$182.7M100xas long as short
Vest SI-PERP+0.0046%1h65.320+0.717%25xas long as short
QFEX SILVER-USD+0.0047%1h64.900+0.069%$445K$1.5M20xas long as short
MEXC SILVER_USDT+0.0050%4h64.900+0.069%$121.0M$158.1M1000xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.836−0.029%$3.8M$890K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h64.855long leg$3K$6K20x
Ondo Perps XAG-USD.P+0.0050%1h64.810−0.069%$5.6M$9.9M25xas long as short
Binance XAGUSDT+0.0054%4h64.910+0.084%$195.8M$775.4M100xas long as short
Paradex XAG-USD-PERP+0.0060%8h64.908+0.082%$29K$1665xas long as short
edgeX XAGUSDC+0.0061%4h64.937+0.127%$661K$313K30xas long as short
Aevo XAG-PERP+0.0064%1h64.895+0.062%$47K10xas long as short
Aster XAGUSDT+0.0067%4h64.904+0.075%$2.6M$995K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.910+0.085%$1.6M$1.4M20xas long as short
Kalshi KXSILVERPERP+0.0085%24h64.953+0.151%$479K$34.0M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h64.925+0.108%$35K$21K20xas long as short
Pacifica XAG+0.0100%1h64.856+0.001%$463K$592K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.880+0.039%$25.1M$4.5M75xas long as short
GRVT XAG_USDT_Perp+0.0100%4h64.907+0.080%$390K$1.6M25xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.870+0.023%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h64.892+0.057%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0135%1h64.853−0.003%$173.8M$87.1M25xas long as short
Nado XAG-PERP+0.0156%1h64.934+0.122%$1.2M$4.2M10xas long as short
RISEx XAG/USDCshort+0.0158%1h64.912+0.087%$1.2M$4.9M20x
Bitget XAGUSDT+0.0190%4h64.900+0.069%$23.4M$46.3M100xas long as short
OKX XAG-USDT-SWAP+0.0193%8h64.900+0.069%$28.7M$72.9M50xas long as short
Bybit XAGUSDT+0.0202%4h64.910+0.085%$29.2M$42.4M150xas long as short
BloFin XAG-USDT+0.0205%4h64.960+0.162%$2.7M$646K100xas long as short
Aftermath Perps XAGUSD+0.0219%1h64.894+0.060%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.889+0.053%$5.3M$11.0M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.935+0.123%$92K111xas long as short
Bullet SILVER-USD+0.0300%1h64.928+0.112%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0344%1h64.860+0.008%$20K$15K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0367%1h64.920+0.100%$76K$430K20xas long as short
Kraken Futures PF_XAGUSD+0.0420%1h64.910+0.085%$1.0M$889K25xas long as short