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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0252%/8h= +27.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Variational Omni+0.192%86s7-day average +0.013% · 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)−0.124%−$12 on $10k
Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.192%, 7d avg +0.013%
Together, before fees−0.281%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.179% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 4 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAG65.3840.0129pay 0.0065% / 4h2h 23m$5.6M$9.5M
ShortBloFin XAG-USDT65.5100.0381get 0.0191% / 4h2h 23m$2.6M$624K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$52.93
Price spread: +0.192% → +0.013%
$17.9
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$58.82
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, just now; BloFin: live order book, 4 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 Variational Omni RFQ quote, just now2.58 bpdoesn't fit2.8 bp −$28doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.29 bp8.3 bp −$810.8 bp −$10813.5 bp −$1,34622.6 bp −$11.3K

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−0.0024%1h65.360−0.037%$5.6M$9.4M25xas long as short
dYdX XAG-USD0.0000%1h65.409+0.038%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.390+0.009%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.400+0.024%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.410+0.039%$1.5M$267K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.358−0.040%$118K250xas long as short
RISEx XAG/USDC+0.0030%1h65.466+0.126%$1.3M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.335−0.075%$4.7M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.233−0.232%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.554%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.675+0.445%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h65.570+0.284%$789K$3.0M40xas long as short
Gate XAG_USDT+0.0042%4h65.290−0.144%$141.6M$172.2M100xas long as short
Vest SI-PERP+0.0046%1h65.874+0.749%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.394+0.015%$3.9M$711K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.313−0.109%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.430+0.070%$154K$2.8M20xas long as short
Paradex XAG-USD-PERP+0.0059%8h65.441+0.086%$29K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0060%1h65.197−0.286%$168.0M$80.1M25xas long as short
Bybit XAGUSDT+0.0068%4h65.290−0.144%$28.3M$39.5M150xas long as short
Kalshi KXSILVERPERP+0.0075%24h65.365−0.029%$521K$28.0M8.1xas long as short
Aster XAGUSDT+0.0093%4h65.287−0.149%$2.7M$946K100xas long as short
Pacifica XAG+0.0100%1h65.413+0.044%$466K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.280−0.159%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.330−0.083%$112K$30K50xas long as short
Lighter XAG+0.0112%1h65.339−0.069%$5.3M$11.1M25xas long as short
Variational Omni XAGlong+0.0129%4h65.384long leg$5.6M$9.5M
Aevo XAG-PERP+0.0136%1h65.381−0.005%$47K10xas long as short
Binance XAGUSDT+0.0139%4h65.275−0.167%$188.5M$734.4M100xas long as short
MEXC SILVER_USDT+0.0140%4h65.260−0.190%$113.6M$158.5M1000xas long as short
edgeX XAGUSDC+0.0145%4h65.373−0.016%$665K$311K30xas long as short
Nado XAG-PERP+0.0146%1h65.420+0.055%$1.3M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.310−0.114%$1.6M$1.4M20xas long as short
Hotstuff SILVER-PERP+0.0184%1h65.432+0.073%$35K$21K20xas long as short
GRVT XAG_USDT_Perp+0.0190%4h65.406+0.034%$386K$1.5M25xas long as short
Bitget XAGUSDT+0.0208%4h65.240−0.221%$23.2M$48.0M100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.360−0.037%$66K$370K20xas long as short
OKX XAG-USDT-SWAP+0.0215%8h65.240−0.221%$27.6M$69.5M50xas long as short
Aftermath Perps XAGUSD+0.0216%1h65.520+0.208%$79K$37K10xas long as short
Bullet SILVER-USD+0.0226%1h65.437+0.081%$43K$76K10xas long as short
Hibachi XAG/USDT-P+0.0336%1h65.525+0.216%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0358% / S −0.0329%1h65.425+0.062%$88K111xas long as short
BloFin XAG-USDTshort+0.0381%4h65.510+0.192%$2.6M$624K100x
Kraken Futures PF_XAGUSD+0.0471%1h65.380−0.006%$913K$750K25xas long as short