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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against ApeX Omni−0.040%50s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.040% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAGUSDT66.7700.0100pay 0.0013% / 1h46m 03s$127K$26K50x
ShortdYdX XAG-USD66.7430get 0.0000% / 1h46m 03s$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX 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
−$21
Price spread: −0.040% → 0.000%
−$4.02
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$45.02
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 24 min ago; dYdX: 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 ApeX Omni live order book, 24 min ago7.51 bp17.8 bp −$1854.6 bp −$546doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h66.743−0.040%$15K5x
Bybit XAGUSDT0.0000%4h66.810+0.060%$26.1M$35.3M150xas long as short
Gate XAG_USDT0.0000%4h66.790+0.030%$155.6M$166.2M100xas long as short
SunX XAG-USDT0.0000%4h66.800+0.045%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.810+0.060%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.790+0.030%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.735−0.052%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.772+0.003%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.735−0.053%$5.4M$13.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.554%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.780+0.015%$804K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.241+0.705%25xas long as short
Phoenix SILVER+0.0048%1h66.747−0.034%$57K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.753−0.025%$166.1M$86.2M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.755−0.022%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.739−0.046%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.700−0.105%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0051%1h66.7700.000%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.747−0.034%$573K$21.9M8.1xas long as short
BloFin XAG-USDT+0.0060%4h66.810+0.060%$2.6M$692K100xas long as short
Lighter XAG+0.0072%1h66.784+0.020%$5.4M$10.4M25xas long as short
Hotstuff SILVER-PERP+0.0080%1h66.796+0.039%$36K$21K20xas long as short
Paradex XAG-USD-PERP+0.0087%8h66.787+0.026%$30K$1K5xas long as short
Variational Omni XAG+0.0092%4h66.785+0.022%$5.6M$9.9Mas long as short
Aster XAGUSDT+0.0098%4h66.794+0.036%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.757−0.019%$476K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.760−0.015%$24.7M$4.5M75xas long as short
ApeX Omni XAGUSDTlong+0.0100%1h66.770long leg$127K$26K50x
Binance XAGUSDT+0.0103%4h66.796+0.039%$191.9M$725.6M100xas long as short
MEXC SILVER_USDT+0.0104%4h66.7700.000%$108.6M$157.0M1000xas long as short
Aevo XAG-PERP+0.0104%1h66.783+0.019%$48K10xas long as short
edgeX XAGUSDC+0.0114%4h66.841+0.107%$678K$315K30xas long as short
GRVT XAG_USDT_Perp+0.0118%4h66.810+0.060%$397K$1.5M25xas long as short
Nado XAG-PERP+0.0135%1h66.748−0.033%$1.3M$6.5M10xas long as short
RISEx XAG/USDC+0.0148%1h66.807+0.055%$1.3M$4.2M20xas long as short
Bitget XAGUSDT+0.0164%4h66.800+0.045%$24.8M$48.7M100xas long as short
Aftermath Perps XAGUSD+0.0175%1h66.776+0.009%$80K$40K10xas long as short
Bullet SILVER-USD+0.0183%1h66.794+0.036%$45K$75K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.780+0.015%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0189%8h66.790+0.030%$28.2M$67.4M50xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.742−0.042%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.795+0.037%$104K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0349%1h66.790+0.030%$51K$344K20xas long as short
Kraken Futures PF_XAGUSD+0.0487%1h66.761−0.014%$766K$589K25xas long as short