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+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.018%
Price spread now: ApeX Omni against StandX−0.030%61s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.131%+$13 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.030%, 7d avg +0.010%
Together, before fees+0.221%+ Points / potential airdropStandX: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.040% cheaper against StandX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.010%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD66.2800.0040pay 0.0005% / 1h25m 41s$797K$2.9M40x
ShortApeX Omni XAGUSDT66.2600.0100get 0.0013% / 1h25m 41s$113K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against StandX. 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
$12.6
Price spread: −0.030% → +0.010%
−$4.01
Slippage, 4 orders
−$34.96
Fee StandX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$44.37
Costs to cover
0.530%
Break-even
31.7 days
Slippage from StandX: live order book, 3 min ago; ApeX Omni: live order book, 35 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 StandX live order book, 3 min ago3.02 bp7.0 bp −$710.6 bp −$10641.1 bp −$4,112doesn't fit
Sell ApeX Omni live order book, 35 min ago10.56 bp17.3 bp −$1752.4 bp −$524doesn't fitdoesn'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%1h66.272−0.012%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.360+0.121%$150.3M$164.2M100xas long as short
SunX XAG-USDT0.0000%4h66.330+0.075%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.360+0.121%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.350+0.106%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.256−0.036%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.343+0.094%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.286+0.009%$5.2M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.181%$11K$94K52xas long as short
StandX XAG-USDlong+0.0040%1h66.280long leg$797K$2.9M40x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.759+0.723%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.281+0.002%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.257−0.035%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.270−0.015%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.340+0.091%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.289+0.014%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.278−0.003%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0098%1h66.326+0.069%$166.1M$74.3M25xas long as short
Pacifica XAG+0.0100%1h66.294+0.022%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.310+0.045%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h66.260−0.030%$113K$30K50x
Hotstuff SILVER-PERP+0.0120%1h66.301+0.032%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.341+0.092%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.340+0.091%$2.7M$875K100xas long as short
Bybit XAGUSDT+0.0158%4h66.370+0.136%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.323+0.065%$48K10xas long as short
RISEx XAG/USDC+0.0181%1h66.370+0.136%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321+0.062%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.346+0.100%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.310+0.045%$1.9M$981K20xas long as short
MEXC SILVER_USDT+0.0194%4h66.350+0.106%$103.4M$153.4M1000xas long as short
BloFin XAG-USDT+0.0195%4h66.320+0.060%$2.6M$553K100xas long as short
Binance XAGUSDT+0.0196%4h66.359+0.118%$192.3M$705.3M100xas long as short
edgeX XAGUSDC+0.0206%4h66.322+0.063%$673K$313K30xas long as short
Nado XAG-PERP+0.0210%1h66.293+0.020%$1.3M$6.6M10xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.350+0.106%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0235%1h66.279−0.001%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.350+0.106%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0266%4h66.301+0.032%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.290+0.015%$20K$19K10xas long as short
Bullet SILVER-USD+0.0280%1h66.335+0.083%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0350% / S −0.0371%1h66.335+0.083%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.310+0.045%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.299+0.028%$915K$671K25xas long as short