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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.043%
Price spread now: Hotstuff against Aster−0.155%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hotstuff: 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 0.155% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAGUSDT65.3400.0042pay 0.0021% / 4h1h 00m$2.7M$977K100x
ShortHotstuff SILVER-PERP65.239−0.0008pay 0.0001% / 1h0m 23s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$10.6
Price spread: −0.155% → 0.000%
−$15.46
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$39.06
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 3 min ago; 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 Aster live order book, 3 min ago0.77 bp4.8 bp −$56.1 bp −$6115.4 bp −$1,536doesn't fit
Sell Hotstuff no order-book sample
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
Ondo Perps XAG-USD.P−0.0069%1h65.210−0.199%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERPshort−0.0008%1h65.239−0.155%$35K$21K20x
dYdX XAG-USD0.0000%1h65.233−0.164%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.350+0.015%$27.8M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.350+0.015%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.350+0.015%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.360+0.031%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.279−0.093%$118K250xas long as short
Variational Omni XAG+0.0030%4h65.314−0.040%$5.5M$9.2Mas long as short
Lighter RH XAG+0.0032%1h65.346+0.009%$4.6M$9.8M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.281−0.090%$5.1M$11.6M10xas long as short
Gate XAG_USDT+0.0032%4h65.370+0.046%$141.4M$184.9M100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.622%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.300−0.061%$785K$2.9M40xas long as short
Aster XAGUSDTlong+0.0042%4h65.340long leg$2.7M$977K100x
Vest SI-PERP+0.0046%1h65.741+0.614%25xas long as short
QFEX SILVER-USD+0.0050%1h65.320−0.031%$152K$1.4M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.304−0.055%$3.8M$854K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.280−0.092%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.308−0.050%$29K$1K5xas long as short
MEXC SILVER_USDT+0.0054%4h65.330−0.015%$116.5M$158.1M1000xas long as short
Binance XAGUSDT+0.0056%4h65.3400.000%$191.5M$764.0M100xas long as short
RISEx XAG/USDC+0.0061%1h65.332−0.012%$1.2M$4.9M20xas long as short
tradeXYZ xyz:SILVER+0.0061%1h65.308−0.049%$170.5M$83.1M25xas long as short
Phoenix SILVER+0.0061%1h65.274−0.101%$56K$31K25xas long as short
edgeX XAGUSDC+0.0064%4h65.236−0.159%$664K$314K30xas long as short
Aevo XAG-PERP+0.0072%1h65.328−0.019%$47K10xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.291−0.075%$477K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.268−0.111%$468K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.290−0.077%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.310−0.046%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.230−0.168%$1.6M$1.4M20xas long as short
GRVT XAG_USDT_Perp+0.0140%4h65.286−0.082%$391K$1.6M25xas long as short
Nado XAG-PERP+0.0153%1h65.279−0.093%$1.2M$5.1M10xas long as short
Hibachi XAG/USDT-P+0.0160%1h65.265−0.114%$20K$19K10xas long as short
Lighter XAG+0.0168%1h65.353+0.019%$5.3M$11.6M25xas long as short
Bitget XAGUSDT+0.0170%4h65.3400.000%$23.7M$46.2M100xas long as short
OKX XAG-USDT-SWAP+0.0184%8h65.3400.000%$28.1M$71.1M50xas long as short
Bullet SILVER-USD+0.0208%1h65.344+0.007%$44K$75K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.330−0.015%$66K$385K20xas long as short
Aftermath Perps XAGUSD+0.0214%1h65.295−0.069%$78K$37K10xas long as short
BloFin XAG-USDT+0.0224%4h65.310−0.046%$2.6M$598K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.345+0.008%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.314−0.040%$1.0M$877K25xas long as short