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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −9.0% APRnext payment $0.41 per $10,000 · paid last 24h −0.058%
Price spread now: Gate against Bitget−0.015%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.015%, 7d avg +0.015%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.031% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAGUSDT66.4300.0082pay 0.0041% / 4h1h 06m$24.1M$47.9M100x
ShortGate XAG_USDT66.4200get 0.0000% / 4h1h 06m$146.6M$173.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
−$17.22
Price spread: −0.015% → +0.015%
−$3.05
Slippage, 4 orders
−$4.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$51.34
Costs to cover
0.311%
Break-even
never at this rate
Slippage from Bitget: live order book, 8 min ago; Gate: live order book, 3 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 Bitget live order book, 8 min ago0.75 bp7.8 bp −$89.1 bp −$9116.3 bp −$1,63137.6 bp −$18.8K
Sell Gate live order book, 3 min ago0.75 bp8.3 bp −$89.6 bp −$9612.8 bp −$1,27715.0 bp −$7,496

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
Kraken Futures PF_XAGUSD−0.0271%1h66.385−0.068%$768K$569K25xas long as short
dYdX XAG-USD0.0000%1h66.297−0.200%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.4300.000%$25.7M$33.5M150xas long as short
RISEx XAG/USDC0.0000%1h66.403−0.040%$1.3M$4.2M20xas long as short
Gate XAG_USDTshort0.0000%4h66.420−0.015%$146.6M$173.9M100x
SunX XAG-USDT0.0000%4h66.420−0.015%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.420−0.015%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.410−0.030%$1.5M$249K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.356−0.111%$120K250xas long as short
QFEX SILVER-USD+0.0016%1h66.390−0.060%$124K$2.8M20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h66.408−0.034%$4.8M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h66.354−0.114%$5.5M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.045%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.330−0.151%$794K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.841+0.619%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.374−0.084%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.355−0.113%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.300−0.196%$5.7M$10.0M25xas long as short
tradeXYZ xyz:SILVER+0.0054%1h66.382−0.072%$165.4M$88.2M25xas long as short
Kalshi KXSILVERPERP+0.0058%24h66.352−0.117%$588K$21.4M8.1xas long as short
Hotstuff SILVER-PERP+0.0064%1h66.349−0.122%$35K$21K20xas long as short
BloFin XAG-USDT+0.0072%4h66.340−0.135%$2.5M$848K100xas long as short
Phoenix SILVER+0.0073%1h66.292−0.208%$56K$26K25xas long as short
Variational Omni XAG+0.0073%4h66.326−0.156%$5.5M$10.5Mas long as short
Aster XAGUSDT+0.0079%4h66.410−0.030%$2.8M$1.0M100xas long as short
Bitget XAGUSDTlong+0.0082%4h66.430long leg$24.1M$47.9M100x
MEXC SILVER_USDT+0.0092%4h66.420−0.015%$123.5M$182.7M1000xas long as short
Binance XAGUSDT+0.0094%4h66.420−0.015%$190.9M$729.4M100xas long as short
Aevo XAG-PERP+0.0096%1h66.409−0.031%$48K10xas long as short
Pacifica XAG+0.0100%1h66.345−0.128%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.390−0.060%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.310−0.181%$113K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h66.380−0.075%$1.9M$864K20xas long as short
edgeX XAGUSDC+0.0105%4h66.317−0.170%$673K$314K30xas long as short
Paradex XAG-USD-PERP+0.0117%8h66.382−0.073%$30K$1K5xas long as short
Aftermath Perps XAGUSD+0.0132%1h66.309−0.183%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0134%4h66.378−0.078%$402K$1.4M25xas long as short
Lighter XAG+0.0136%1h66.412−0.028%$5.2M$11.0M25xas long as short
OKX XAG-USDT-SWAP+0.0181%8h66.420−0.015%$27.4M$66.6M50xas long as short
Hibachi XAG/USDT-P+0.0200%1h66.330−0.151%$20K$22K10xas long as short
Nado XAG-PERP+0.0218%1h66.355−0.112%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0269%1h66.423−0.011%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0303% / S −0.0300%1h66.425−0.008%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.410−0.030%$51K$359K20xas long as short