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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.04 per $10,000 · paid last 24h −0.011%
Price spread now: gTrade (Gains Network) against StandX−0.121%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2882.879% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.121%, 7d avg −0.067%
Together, before fees+0.083%+ Points / potential airdropStandX: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.054% cheaper against StandX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD66.0000.0040pay 0.0005% / 1h38m 04s$794K$3.1M40x
ShortgTrade (Gains Network) XAG/USD65.920L +0.0004% / S −0.0006%get 0.0001% / 1h38m 04s$120K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$7.16
Price spread: −0.121% → −0.067%
−$5.39
Slippage, 4 orders
−$269.9
Fee StandX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$300.44
Costs to cover
2.879%
Break-even
never at this rate
Slippage from StandX: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 46 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, 1 min ago2.27 bp8.6 bp −$99.6 bp −$9637.8 bp −$3,777doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 46 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2012.7 bp −$1.01M

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
Ondo Perps XAG-USD.P−0.0045%1h65.880−0.182%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.100%$14K5xas long as short
Gate XAG_USDT0.0000%4h66.0000.000%$149.5M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.980−0.030%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.010+0.015%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.990−0.015%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDshortL +0.0004% / S −0.0006%1h65.920−0.121%$120K250x
Lighter RH XAG+0.0032%1h65.977−0.035%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.920−0.122%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.606%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USDlong+0.0040%1h66.000long leg$794K$3.1M40x
Vest SI-PERP+0.0046%1h66.406+0.615%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.947−0.080%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.946−0.082%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.920−0.121%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h65.955−0.068%$166.0M$73.5M25xas long as short
QFEX SILVER-USD+0.0060%1h65.970−0.045%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0073%24h65.942−0.088%$540K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.889−0.168%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.982−0.027%$1.3M$4.9M20xas long as short
Bybit XAGUSDT+0.0097%4h66.010+0.015%$27.4M$36.4M150xas long as short
Pacifica XAG+0.0100%1h65.921−0.119%$469K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.960−0.061%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.920−0.121%$113K$30K50xas long as short
Lighter XAG+0.0112%1h65.978−0.033%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0114%8h65.971−0.044%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h65.970−0.045%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0181%1h65.937−0.095%$1.4M$5.9M10xas long as short
Aevo XAG-PERP+0.0184%1h65.976−0.036%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963−0.055%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0200%4h65.980−0.030%$112.8M$152.1M1000xas long as short
Binance XAGUSDT+0.0201%4h66.0000.000%$191.1M$702.5M100xas long as short
BloFin XAG-USDT+0.0204%4h66.0000.000%$2.6M$556K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.960−0.061%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h65.973−0.041%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.076%$1.8M$1.0M20xas long as short
edgeX XAGUSDC+0.0213%4h65.953−0.071%$669K$310K30xas long as short
Aftermath Perps XAGUSD+0.0213%1h65.954−0.070%$79K$36K10xas long as short
OKX XAG-USDT-SWAP+0.0232%8h65.990−0.015%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0233%1h65.984−0.024%$44K$76K10xas long as short
Bitget XAGUSDT+0.0240%4h65.990−0.015%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-P+0.0328%1h65.940−0.091%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h65.985−0.023%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.952−0.073%$910K$683K25xas long as short