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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against ApeX Omni+0.591%7-day average · 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 7 days−0.207%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.591% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.591% now, against zero (this spread has no 7-day history yet)): +$59 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAGUSDT66.0100.0100pay 0.0013% / 1h14m 31s$113K$30K50x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h14m 31s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +0.591% → 0.000%
$59.08
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$35.06
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 36 min ago; Injective: 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, 36 min ago4.55 bp18.4 bp −$1866.9 bp −$669doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Ondo Perps XAG-USD.P−0.0057%1h65.960−0.076%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.032%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.080+0.106%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.106%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.070+0.091%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.994−0.024%$120K250xas long as short
Hotstuff SILVER-PERP+0.0024%1h66.024+0.021%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.048+0.057%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.993−0.026%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERPshort+0.0033%1h66.400+0.591%$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDT+0.0034%4h66.070+0.091%$149.8M$164.2M100xas long as short
StandX XAG-USD+0.0040%1h66.060+0.076%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.478+0.709%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.024+0.021%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.994−0.024%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0053%1h66.026+0.024%$166.3M$74.0M25xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.041+0.047%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050+0.061%$114K$2.7M20xas long as short
Phoenix SILVER+0.0073%1h66.008−0.003%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.011+0.002%$557K$26.4M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.065+0.083%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h66.003−0.011%$470K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030+0.030%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDTlong+0.0100%1h66.010long leg$113K$30K50x
Lighter XAG+0.0112%1h66.046+0.054%$5.2M$10.9M25xas long as short
Bybit XAGUSDT+0.0113%4h66.080+0.106%$27.8M$36.5M150xas long as short
Aster XAGUSDT+0.0121%4h66.062+0.079%$2.7M$866K100xas long as short
Variational Omni XAG+0.0165%4h66.053+0.066%$5.6M$9.5Mas long as short
BloFin XAG-USDT+0.0165%4h66.060+0.076%$2.6M$563K100xas long as short
Aevo XAG-PERP+0.0168%1h66.053+0.065%$47K10xas long as short
Nado XAG-PERP+0.0176%1h66.012+0.003%$1.4M$5.8M10xas long as short
MEXC SILVER_USDT+0.0176%4h66.060+0.076%$115.0M$152.7M1000xas long as short
Binance XAGUSDT+0.0177%4h66.068+0.088%$191.6M$702.0M100xas long as short
GRVT XAG_USDT_Perp+0.0178%4h66.079+0.105%$395K$1.5M25xas long as short
edgeX XAGUSDC+0.0186%4h66.058+0.073%$670K$312K30xas long as short
Aftermath Perps XAGUSD+0.0189%1h66.046+0.055%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.030+0.030%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h66.030+0.030%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0225%8h66.070+0.091%$27.7M$64.6M50xas long as short
Bitget XAGUSDT+0.0226%4h66.070+0.091%$23.9M$45.2M100xas long as short
Bullet SILVER-USD+0.0229%1h66.063+0.080%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.020+0.015%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.065+0.083%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.029+0.028%$911K$683K25xas long as short