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+0.0117%/8h= +12.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.029%
Price spread now: Bitget against BloFin+0.030%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.252%+$25 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.030%, 7d avg −0.009%
Together, before fees+0.177%+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.039% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAG-USDT66.1300.0103pay 0.0052% / 4h2h 46m$2.6M$571K100x
ShortBitget XAGUSDT66.1500.0220get 0.0110% / 4h2h 46m$24.0M$44.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$24.55
Price spread: +0.030% → −0.009%
$3.89
Slippage, 4 orders
−$3.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$1.42
Costs to cover
0.270%
Break-even
6.6 days
Slippage from BloFin: live order book, 1 min ago; Bitget: live order book, 2 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 BloFin live order book, 1 min ago0.76 bp6.8 bp −$76.8 bp −$689.8 bp −$98517.9 bp −$8,954
Sell Bitget live order book, 2 min ago0.76 bp6.8 bp −$78.7 bp −$8716.6 bp −$1,65740.8 bp −$20.4K

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−0.0029%1h66.020−0.166%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h66.104−0.039%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.140+0.015%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.190+0.091%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.150+0.030%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.094−0.054%$121K250xas long as short
RISEx XAG/USDC+0.0030%1h66.146+0.024%$1.3M$4.8M20xas long as short
Lighter RH XAG+0.0032%1h66.142+0.018%$4.8M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h66.093−0.056%$5.2M$11.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.408%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.096−0.051%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.140+0.015%$796K$3.0M40xas long as short
Gate XAG_USDT+0.0042%4h66.160+0.045%$149.9M$154.0M100xas long as short
Vest SI-PERP+0.0046%1h66.571+0.667%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.112−0.027%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.094−0.054%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h66.120−0.015%$114K$2.7M20xas long as short
Paradex XAG-USD-PERP+0.0054%8h66.125−0.007%$30K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.115−0.023%$166.7M$73.8M25xas long as short
Kalshi KXSILVERPERP+0.0075%24h66.112−0.027%$519K$26.7M8.1xas long as short
Bybit XAGUSDT+0.0077%4h66.160+0.045%$27.8M$36.2M150xas long as short
Pacifica XAG+0.0100%1h66.079−0.077%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.120−0.015%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.100−0.045%$113K$30K50xas long as short
BloFin XAG-USDTlong+0.0103%4h66.130long leg$2.6M$571K100x
Aster XAGUSDT+0.0108%4h66.149+0.028%$2.7M$873K100xas long as short
Lighter XAG+0.0136%1h66.147+0.026%$5.3M$10.6M25xas long as short
Variational Omni XAG+0.0151%4h66.143+0.020%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0152%1h66.134+0.007%$47K10xas long as short
MEXC SILVER_USDT+0.0160%4h66.150+0.030%$116.4M$151.8M1000xas long as short
Binance XAGUSDT+0.0161%4h66.148+0.028%$191.3M$702.0M100xas long as short
Nado XAG-PERP+0.0164%1h66.107−0.036%$1.4M$5.5M10xas long as short
edgeX XAGUSDC+0.0174%4h66.143+0.020%$671K$312K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.980−0.227%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0196%1h66.096−0.051%$80K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.140+0.015%$74K$364K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.160+0.045%$395K$1.5M25xas long as short
Bitget XAGUSDTshort+0.0220%4h66.150+0.030%$24.0M$44.8M100x
OKX XAG-USDT-SWAP+0.0221%8h66.150+0.030%$27.8M$64.6M50xas long as short
Bullet SILVER-USD+0.0228%1h66.147+0.026%$44K$76K10xas long as short
Hotstuff SILVER-PERP+0.0232%1h66.107−0.035%$35K$21K20xas long as short
Hibachi XAG/USDT-P+0.0320%1h66.100−0.045%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0443%1h66.145+0.023%$106K111xas long as short
Kraken Futures PF_XAGUSD+0.0466%1h66.122−0.012%$909K$688K25xas long as short