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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0055%/8h= −6.1% APRpaid last 24h −0.011%
Price spread now: QFEX against Aster+0.022%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.011%−$1 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.022%, 7d avg −0.046%
Together, before fees−0.091%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.068% dearer against Aster than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.046%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 4 days (−0.011% in total) that is about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAGUSDT64.9360.0102pay 0.0051% / 4h3h 21m$2.6M$1.0M100x
ShortQFEX SILVER-USD64.9500.0047get 0.0006% / 1h21m 30s$446K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$11.63
Price spread: +0.022% → −0.046%
$6.84
Slippage, 4 orders
−$7.58
Fee Aster: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$30.37
Costs to cover
0.256%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; QFEX: live order book, 10 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, 2 min ago1.54 bp5.5 bp −$67.0 bp −$7016.7 bp −$1,665doesn't fit
Sell QFEX live order book, 10 min ago1.54 bp8.0 bp −$88.1 bp −$818.8 bp −$88413.9 bp −$6,939

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%1h64.859−0.118%$12K$6K5xas long as short
SunX XAG-USDT0.0000%4h64.930−0.009%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.980+0.068%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.960+0.038%$1.5M$346K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.861−0.115%$117K250xas long as short
Gate XAG_USDT+0.0012%4h64.960+0.038%$138.6M$187.6M100xas long as short
Variational Omni XAG+0.0021%4h64.652−0.436%$5.4M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.935−0.001%$4.6M$9.9M25xas long as short
Extended XAG-USD+0.0032%1h64.873−0.097%$5.0M$12.0M10xas long as short
Injective XAG/USDC PERP+0.0033%1h64.602−0.514%$11K$24052xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.930−0.009%$781K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.316+0.586%25xas long as short
QFEX SILVER-USDshort+0.0047%1h64.950+0.022%$446K$1.5M20x
Polymarket Perps SILVER-USD+0.0050%1h64.869−0.103%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.838−0.150%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.850−0.132%$5.6M$10.0M25xas long as short
edgeX XAGUSDC+0.0071%4h64.801−0.208%$660K$314K30xas long as short
Paradex XAG-USD-PERP+0.0075%8h64.937+0.002%$29K$1665xas long as short
MEXC SILVER_USDT+0.0078%4h64.940+0.007%$123.6M$160.1M1000xas long as short
Aevo XAG-PERP+0.0080%1h64.891−0.069%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.840−0.147%$1.6M$1.5M20xas long as short
Kalshi KXSILVERPERP+0.0086%24h64.895−0.063%$488K$35.1M8.1xas long as short
Binance XAGUSDT+0.0096%4h64.967+0.048%$198.1M$787.7M100xas long as short
Pacifica XAG+0.0100%1h64.882−0.083%$463K$591K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.900−0.055%$25.0M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.750−0.286%$111K$19K50xas long as short
Aster XAGUSDTlong+0.0102%4h64.936long leg$2.6M$1.0M100x
Phoenix SILVER+0.0111%1h64.615−0.494%$55K$31K25xas long as short
Hotstuff SILVER-PERP+0.0128%1h64.913−0.035%$35K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0136%1h64.902−0.052%$173.2M$88.7M25xas long as short
RISEx XAG/USDC+0.0158%1h64.929−0.010%$1.2M$4.9M20xas long as short
Nado XAG-PERP+0.0165%1h64.885−0.078%$1.2M$4.2M10xas long as short
OKX XAG-USDT-SWAP+0.0206%8h64.990+0.084%$29.0M$75.9M50xas long as short
Bitget XAGUSDT+0.0216%4h64.950+0.022%$22.8M$48.0M100xas long as short
Aftermath Perps XAGUSD+0.0219%1h64.772−0.252%$78K$37K10xas long as short
Lighter XAG+0.0232%1h64.932−0.005%$5.2M$11.3M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.825−0.170%$92K111xas long as short
BloFin XAG-USDT+0.0283%4h64.780−0.240%$2.7M$695K100xas long as short
GRVT XAG_USDT_Perp+0.0298%4h64.847−0.137%$386K$1.6M25xas long as short
Bullet SILVER-USD+0.0309%1h64.951+0.024%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0360%1h64.740−0.301%$20K$15K10xas long as short
Bybit XAGUSDT+0.0366%4h64.990+0.084%$30.2M$43.7M150xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0367%1h64.920−0.024%$76K$434K20xas long as short
Kraken Futures PF_XAGUSD+0.0419%1h64.927−0.013%$1.0M$894K25xas long as short