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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0038%/8h= −4.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.015%
Price spread now: Aftermath Perps against Bullet−0.058%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 0.058% cheaper against Bullet than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SILVER-USD66.0520.0235pay 0.0029% / 1h7m 19s$44K$75K10x
ShortAftermath Perps XAGUSD66.0130.0197get 0.0025% / 1h7m 19s$79K$36K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bullet. 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
−$7.95
Price spread: −0.058% → 0.000%
−$5.83
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$30.77
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; Aftermath Perps: 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 Bullet no order-book sample
Sell Aftermath Perps no order-book sample
Bullet and Aftermath Perps: 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−0.0054%1h65.940−0.169%$5.7M$9.2M25xas long as short
Hotstuff SILVER-PERP−0.0016%1h66.012−0.060%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.989−0.095%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.070+0.028%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.043%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.050−0.002%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.982−0.105%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.035−0.025%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.985−0.101%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.528%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.020−0.048%$794K$3.0M40xas long as short
Gate XAG_USDT+0.0042%4h66.060+0.013%$149.8M$164.4M100xas long as short
Vest SI-PERP+0.0046%1h66.463+0.623%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.014−0.057%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.984−0.102%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0055%8h66.030−0.033%$30K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.015−0.055%$166.3M$73.8M25xas long as short
QFEX SILVER-USD+0.0060%1h66.030−0.033%$114K$2.7M20xas long as short
Phoenix SILVER+0.0073%1h65.977−0.113%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.003−0.074%$537K$26.5M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.051−0.001%$1.3M$4.9M20xas long as short
Bybit XAGUSDT+0.0096%4h66.070+0.028%$27.8M$36.5M150xas long as short
Pacifica XAG+0.0100%1h65.984−0.102%$469K$604K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.010−0.063%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.960−0.139%$113K$30K50xas long as short
Lighter XAG+0.0120%1h66.042−0.015%$5.2M$10.9M25xas long as short
Aster XAGUSDT+0.0120%4h66.050−0.002%$2.7M$866K100xas long as short
Variational Omni XAG+0.0163%4h66.003−0.074%$5.6M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.036−0.024%$47K10xas long as short
Binance XAGUSDT+0.0175%4h66.050−0.002%$190.9M$702.7M100xas long as short
MEXC SILVER_USDT+0.0176%4h66.050−0.002%$114.5M$152.8M1000xas long as short
edgeX XAGUSDC+0.0182%4h66.013−0.059%$670K$311K30xas long as short
Nado XAG-PERP+0.0185%1h66.003−0.074%$1.4M$5.8M10xas long as short
Aftermath Perps XAGUSDshort+0.0197%1h66.013−0.058%$79K$36K10x
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.030−0.033%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.028−0.036%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.108%$1.8M$1.0M20xas long as short
BloFin XAG-USDT+0.0224%4h66.030−0.033%$2.6M$569K100xas long as short
OKX XAG-USDT-SWAP+0.0224%8h66.050−0.002%$27.7M$64.6M50xas long as short
Bitget XAGUSDT+0.0228%4h66.060+0.013%$23.9M$44.9M100xas long as short
Bullet SILVER-USDlong+0.0235%1h66.052long leg$44K$75K10x
Hibachi XAG/USDT-P+0.0304%1h65.980−0.108%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.055+0.005%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.023−0.043%$911K$685K25xas long as short