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+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: QFEX against Vest−0.659%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. QFEX is 0.659% cheaper against Vest than usual: you would sell low and buy high (spread −0.659% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$66 on $10k: about 4 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SI-PERP66.8100.0046pay 0.0006% / 1h24m 15s25x
ShortQFEX SILVER-USD66.3700.0062get 0.0008% / 1h24m 15s$115K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$3.51
Price spread: −0.659% → 0.000%
−$65.86
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$74.35
Costs to cover
0.120%
Break-even
155.2 days
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 3 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 Vest no order-book sample
Sell QFEX live order book, 3 min ago1.51 bp6.5 bp −$76.5 bp −$658.7 bp −$865doesn't fit
Vest: 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%1h66.272−0.805%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.341−0.702%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.380−0.644%$150.3M$164.3M100xas long as short
SunX XAG-USDT0.0000%4h66.380−0.644%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.380−0.644%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.360−0.674%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.299−0.766%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.333−0.714%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.299−0.765%$5.3M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.614%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.310−0.748%$798K$2.9M40xas long as short
Vest SI-PERPlong+0.0046%1h66.810long leg25x
Polymarket Perps SILVER-USD+0.0050%1h66.352−0.686%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.282−0.790%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.260−0.823%$5.7M$9.8M25xas long as short
QFEX SILVER-USDshort+0.0062%1h66.370−0.659%$115K$2.7M20x
Kalshi KXSILVERPERP+0.0065%24h66.335−0.711%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.751%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.332−0.715%$166.1M$73.4M25xas long as short
Pacifica XAG+0.0100%1h66.323−0.729%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.310−0.748%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.280−0.793%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.366−0.665%$30K$1K5xas long as short
Aster XAGUSDT+0.0136%4h66.386−0.635%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0154%4h66.370−0.659%$26.9M$36.1M150xas long as short
BloFin XAG-USDT+0.0175%4h66.340−0.703%$2.6M$553K100xas long as short
Aevo XAG-PERP+0.0176%1h66.356−0.680%$48K10xas long as short
RISEx XAG/USDC+0.0181%1h66.390−0.628%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321−0.731%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.340−0.704%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350−0.689%$1.9M$995K20xas long as short
MEXC SILVER_USDT+0.0196%4h66.360−0.674%$105.5M$153.6M1000xas long as short
Binance XAGUSDT+0.0196%4h66.360−0.674%$192.2M$705.3M100xas long as short
edgeX XAGUSDC+0.0204%4h66.323−0.729%$673K$313K30xas long as short
Nado XAG-PERP+0.0211%1h66.333−0.713%$1.3M$6.6M10xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.360−0.674%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0232%1h66.282−0.790%$80K$38K10xas long as short
Bitget XAGUSDT+0.0246%4h66.360−0.674%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347−0.693%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.270−0.808%$20K$19K10xas long as short
Bullet SILVER-USD+0.0279%1h66.377−0.648%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0351% / S −0.0373%1h66.375−0.651%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.340−0.703%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.335−0.711%$915K$671K25xas long as short