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+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.030%
Price spread now: Hotstuff against StandX−0.023%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropStandX: Active · Hotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.023% cheaper against StandX than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 38 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD64.9400.0040pay 0.0005% / 1h36m 08s$781K$3.0M40x
ShortHotstuff SILVER-PERP64.9250.0088get 0.0011% / 1h36m 08s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$10.08
Price spread: −0.023% → 0.000%
−$2.31
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$5.23
Costs to cover
0.130%
Break-even
10.6 days
Slippage unknown: StandX: live order book, 3 min ago; Hotstuff: 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 StandX live order book, 3 min ago2.31 bp10.5 bp −$1110.9 bp −$10934.9 bp −$3,490doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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%1h64.862−0.120%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h64.890−0.077%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.930−0.015%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.9400.000%$1.4M$310K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.825−0.176%$117K250xas long as short
Variational Omni XAG+0.0012%4h64.904−0.055%$5.3M$9.1Mas long as short
Gate XAG_USDT+0.0016%4h64.920−0.031%$138.7M$181.7M100xas long as short
Lighter RH XAG+0.0032%1h64.901−0.060%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h64.827−0.174%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.248%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USDlong+0.0040%1h64.940long leg$781K$3.0M40x
Vest SI-PERP+0.0046%1h65.304+0.561%25xas long as short
QFEX SILVER-USD+0.0047%1h64.890−0.077%$445K$1.5M20xas long as short
MEXC SILVER_USDT+0.0048%4h64.890−0.077%$121.0M$158.0M1000xas long as short
Binance XAGUSDT+0.0050%4h64.894−0.070%$195.8M$769.5M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.827−0.174%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.822−0.182%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.780−0.246%$5.6M$9.9M25xas long as short
Paradex XAG-USD-PERP+0.0059%8h64.889−0.079%$29K$1665xas long as short
edgeX XAGUSDC+0.0061%4h64.937−0.004%$661K$313K30xas long as short
Aevo XAG-PERP+0.0064%1h64.870−0.107%$47K10xas long as short
Aster XAGUSDT+0.0065%4h64.890−0.077%$2.6M$997K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.850−0.139%$1.6M$1.4M20xas long as short
Kalshi KXSILVERPERP+0.0084%24h64.860−0.123%$484K$33.8M8.1xas long as short
Hotstuff SILVER-PERPshort+0.0088%1h64.925−0.023%$35K$21K20x
Pacifica XAG+0.0100%1h64.860−0.123%$463K$592K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.850−0.139%$25.1M$4.5M75xas long as short
GRVT XAG_USDT_Perp+0.0100%4h64.907−0.051%$390K$1.6M25xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.880−0.092%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h64.865−0.115%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0137%1h64.869−0.109%$173.8M$86.8M25xas long as short
Nado XAG-PERP+0.0156%1h64.818−0.188%$1.2M$4.3M10xas long as short
RISEx XAG/USDC+0.0158%1h64.879−0.094%$1.2M$4.9M20xas long as short
Bybit XAGUSDT+0.0170%4h64.920−0.031%$29.3M$41.9M150xas long as short
Bitget XAGUSDT+0.0186%4h64.910−0.046%$23.1M$45.5M100xas long as short
OKX XAG-USDT-SWAP+0.0192%8h64.920−0.031%$28.6M$72.6M50xas long as short
BloFin XAG-USDT+0.0199%4h64.920−0.031%$2.7M$646K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0213%1h64.880−0.092%$76K$426K20xas long as short
Aftermath Perps XAGUSD+0.0217%1h64.899−0.064%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.900−0.062%$5.3M$11.0M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.895−0.069%$92K111xas long as short
Bullet SILVER-USD+0.0299%1h64.882−0.089%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0336%1h64.882−0.090%$20K$15K10xas long as short
Kraken Futures PF_XAGUSD+0.0420%1h64.875−0.099%$1.0M$868K25xas long as short