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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.050%
Price spread now: Bullet against Vest−0.635%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Bullet is 0.635% cheaper against Vest than usual: you would sell low and buy high (spread −0.635% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$64 on $10k: about 8.0 days of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SI-PERP66.5320.0046pay 0.0006% / 1h35m 02s25x
ShortBullet SILVER-USD66.1090.0310get 0.0039% / 1h35m 02s$45K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Vest. 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
$55.42
Price spread: −0.635% → 0.000%
−$63.51
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$18.09
Costs to cover
0.100%
Break-even
9.3 days
Slippage unknown: Vest: no order-book sample; Bullet: 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 Vest no order-book sample
Sell Bullet no order-book sample
Vest and Bullet: 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%1h66.022−0.766%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.120−0.619%$150.0M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.110−0.634%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.140−0.589%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.120−0.619%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.040−0.740%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.094−0.658%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.036−0.745%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.198%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.130−0.604%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERPlong+0.0046%1h66.532long leg25x
Polymarket Perps SILVER-USD+0.0050%1h66.065−0.702%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.041−0.738%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h65.980−0.830%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.090−0.664%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.050−0.724%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.065−0.702%$518K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.038−0.742%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.080−0.679%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.070−0.694%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.074−0.688%$35K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.078−0.682%$165.4M$73.9M25xas long as short
RISEx XAG/USDC+0.0137%1h66.106−0.640%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0147%4h66.100−0.649%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0152%8h66.087−0.669%$30K$1K5xas long as short
Bybit XAGUSDT+0.0157%4h66.130−0.604%$27.0M$36.2M150xas long as short
Nado XAG-PERP+0.0194%1h66.038−0.743%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.102−0.647%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.103−0.645%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130−0.604%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110−0.634%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123−0.614%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.100−0.649%$109.2M$152.5M1000xas long as short
Binance XAGUSDT+0.0217%4h66.107−0.638%$192.7M$701.1M100xas long as short
edgeX XAGUSDC+0.0220%4h66.135−0.597%$671K$311K30xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.074−0.689%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.120−0.619%$27.8M$65.4M50xas long as short
Bitget XAGUSDT+0.0260%4h66.110−0.634%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0286%4h66.160−0.559%$389K$1.5M25xas long as short
Bullet SILVER-USDshort+0.0310%1h66.109−0.635%$45K$76K10x
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.090−0.664%$62K$348K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0375% / S −0.0409%1h66.115−0.627%$103K111xas long as short
Hibachi XAG/USDT-P+0.0376%1h66.080−0.679%$20K$19K10xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.067−0.698%$911K$676K25xas long as short