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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment $0.07 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against Aster−0.014%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days+0.035%+$4 · spread now −0.014%, 7d avg +0.014%
Together, before fees+0.031%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.028% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAGUSDT65.3790.0048pay 0.0024% / 4h1h 47m$2.7M$966K100x
ShortBybit XAGUSDT65.3700.0034get 0.0017% / 4h1h 47m$28.5M$39.6M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
Price spread: −0.014% → +0.014%
−$2.84
Slippage, 4 orders
−$3.27
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$28.11
Costs to cover
0.223%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 1 min ago0.76 bp4.8 bp −$56.1 bp −$6116.0 bp −$1,602doesn't fit
Sell Bybit live order book, 1 min ago0.76 bp6.5 bp −$69.2 bp −$9219.6 bp −$1,96054.4 bp −$27.2K

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
Hibachi XAG/USDT-P−0.0120%1h65.399+0.030%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0084%1h65.250−0.198%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.338−0.063%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.400+0.032%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.470+0.139%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.410+0.047%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.319−0.093%$118K250xas long as short
Gate XAG_USDT+0.0026%4h65.380+0.001%$141.3M$179.9M100xas long as short
Lighter RH XAG+0.0032%1h65.355−0.037%$4.6M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.317−0.095%$5.1M$11.6M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP+0.0032%1h65.368−0.017%$35K$21K20xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.561%$11K$94K52xas long as short
Bybit XAGUSDTshort+0.0034%4h65.370−0.014%$28.5M$39.6M150x
StandX XAG-USD+0.0040%1h65.460+0.123%$787K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.832+0.692%25xas long as short
Aster XAGUSDTlong+0.0048%4h65.379long leg$2.7M$966K100x
QFEX SILVER-USD+0.0050%1h65.360−0.030%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.336−0.066%$170.4M$83.4M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.341−0.059%$3.8M$716K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.341−0.059%$3K$6K20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0056%1h65.370−0.014%$65K$371K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.348−0.048%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.381+0.002%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.561+0.278%$56K$31K25xas long as short
Lighter XAG+0.0072%1h65.368−0.017%$5.4M$11.3M25xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.382+0.004%$510K$30.0M8.1xas long as short
Binance XAGUSDT+0.0083%4h65.3790.000%$189.3M$762.3M100xas long as short
Variational Omni XAG+0.0084%4h65.404+0.038%$5.5M$9.4Mas long as short
MEXC SILVER_USDT+0.0086%4h65.370−0.014%$113.7M$156.8M1000xas long as short
Aevo XAG-PERP+0.0096%1h65.365−0.023%$47K10xas long as short
Pacifica XAG+0.0100%1h65.319−0.093%$466K$627K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.340−0.060%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.430+0.078%$112K$19K50xas long as short
edgeX XAGUSDC+0.0101%4h65.447+0.103%$666K$313K30xas long as short
Nado XAG-PERP+0.0102%1h65.375−0.006%$1.2M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.380+0.001%$1.6M$1.4M20xas long as short
GRVT XAG_USDT_Perp+0.0132%4h65.425+0.071%$384K$1.5M25xas long as short
Bullet SILVER-USD+0.0134%1h65.378−0.002%$44K$76K10xas long as short
Bitget XAGUSDT+0.0186%4h65.370−0.014%$23.8M$46.7M100xas long as short
OKX XAG-USDT-SWAP+0.0192%8h65.380+0.001%$27.8M$71.1M50xas long as short
Aftermath Perps XAGUSD+0.0210%1h65.452+0.112%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0320% / S −0.0301%1h65.365−0.022%$93K111xas long as short
BloFin XAG-USDT+0.0329%4h65.470+0.139%$2.6M$617K100xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.357−0.035%$916K$746K25xas long as short