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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against Aevo−0.098%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 airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.098% cheaper against Aevo than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAG-PERP66.4390.0104pay 0.0013% / 1h43m 39s$48K10x
ShortHotstuff SILVER-PERP66.3740.0040get 0.0005% / 1h43m 39s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Aevo. 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
−$13.44
Price spread: −0.098% → 0.000%
−$9.84
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$44.28
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample
Sell Hotstuff no order-book sample
Aevo and 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%1h66.370−0.105%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.460+0.031%$25.7M$33.4M150xas long as short
Gate XAG_USDT0.0000%4h66.450+0.016%$147.4M$169.9M100xas long as short
SunX XAG-USDT0.0000%4h66.450+0.016%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.470+0.046%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.450+0.016%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.380−0.089%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.4390.000%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.390−0.074%$5.5M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.059%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.397−0.064%$56K$26K25xas long as short
Hotstuff SILVER-PERPshort+0.0040%1h66.374−0.098%$35K$21K20x
StandX XAG-USD+0.0040%1h66.380−0.089%$794K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.878+0.660%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.410−0.044%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.382−0.086%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.320−0.180%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.385−0.082%$589K$21.3M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.430−0.014%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0069%1h66.417−0.034%$165.5M$87.5M25xas long as short
Variational Omni XAG+0.0088%4h66.467+0.041%$5.6M$10.3Mas long as short
Aster XAGUSDT+0.0089%4h66.420−0.029%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.394−0.068%$475K$625K10xas long as short
MEXC SILVER_USDT+0.0100%4h66.450+0.016%$114.3M$152.9M1000xas long as short
KuCoin XAGUSDTM+0.0100%4h66.400−0.059%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.400−0.059%$126K$26K50xas long as short
Binance XAGUSDT+0.0101%4h66.457+0.026%$191.9M$723.1M100xas long as short
Paradex XAG-USD-PERP+0.0103%8h66.440+0.002%$30K$1K5xas long as short
Aevo XAG-PERPlong+0.0104%1h66.439long leg$48K10x
edgeX XAGUSDC+0.0110%4h66.444+0.007%$674K$315K30xas long as short
Lighter XAG+0.0112%1h66.441+0.002%$5.2M$10.3M25xas long as short
Bitget XAGUSDT+0.0118%4h66.470+0.046%$24.2M$47.9M100xas long as short
BloFin XAG-USDT+0.0133%4h66.410−0.044%$2.6M$650K100xas long as short
Aftermath Perps XAGUSD+0.0147%1h66.417−0.034%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0152%4h66.460+0.031%$395K$1.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.460+0.031%$1.9M$848K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.450+0.016%$27.6M$66.2M50xas long as short
RISEx XAG/USDC+0.0208%1h66.424−0.023%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0243%1h66.446+0.010%$46K$75K10xas long as short
Nado XAG-PERP+0.0256%1h66.392−0.072%$1.3M$6.5M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.445+0.008%$103K111xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.409−0.046%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.430−0.014%$50K$360K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.405−0.052%$767K$569K25xas long as short