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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0281%/8h= −30.8% APRnext payment $0.35 per $10,000 · paid last 24h −0.062%
Price spread now: gTrade (Gains Network) against Bullet−0.121%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 −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.121% cheaper against Bullet than usual: you would sell low and buy high (−$12 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-USD66.0610.0287pay 0.0036% / 1h11m 39s$44K$76K10x
ShortgTrade (Gains Network) XAG/USD65.981L +0.0004% / S −0.0006%get 0.0001% / 1h11m 39s$120K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$58.98
Price spread: −0.121% → 0.000%
−$12.14
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$89.12
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 12 min ago. 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 gTrade (Gains Network) virtual book (oracle venue), 12 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2012.7 bp −$1.01M
Bullet: 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
dYdX XAG-USD0.0000%1h66.018−0.066%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.080+0.028%$150.1M$163.7M100xas long as short
SunX XAG-USDT0.0000%4h66.050−0.017%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.130+0.104%$1.0M$969K75xas long as short
Phemex XAGUSDT0.0000%4h66.090+0.043%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDshortL +0.0004% / S −0.0006%1h65.981−0.121%$120K250x
Lighter RH XAG+0.0032%1h66.046−0.024%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.993−0.104%$5.2M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.513%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.100+0.058%$795K$3.1M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0042%1h65.950−0.169%$5.7M$9.6M25xas long as short
Vest SI-PERP+0.0046%1h66.489+0.647%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.052−0.014%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.021−0.061%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.980−0.123%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.060−0.002%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.025−0.055%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0071%24h66.038−0.035%$547K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.005−0.085%$470K$615K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030−0.047%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.060−0.002%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0125%1h66.027−0.052%$165.8M$74.3M25xas long as short
RISEx XAG/USDC+0.0137%1h66.061−0.001%$1.3M$4.5M20xas long as short
Paradex XAG-USD-PERP+0.0140%8h66.056−0.007%$30K$1K5xas long as short
Aster XAGUSDT+0.0143%4h66.060−0.002%$2.7M$868K100xas long as short
Bybit XAGUSDT+0.0168%4h66.080+0.028%$27.1M$36.1M150xas long as short
Lighter XAG+0.0184%1h66.051−0.016%$5.2M$10.7M25xas long as short
Aevo XAG-PERP+0.0192%1h66.051−0.015%$47K10xas long as short
BloFin XAG-USDT+0.0193%4h66.120+0.089%$2.6M$554K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.040−0.032%$1.8M$1.0M20xas long as short
Variational Omni XAG+0.0203%4h66.163+0.154%$5.6M$9.5Mas long as short
MEXC SILVER_USDT+0.0210%4h66.060−0.002%$110.7M$153.0M1000xas long as short
Nado XAG-PERP+0.0211%1h66.008−0.080%$1.4M$6.4M10xas long as short
Binance XAGUSDT+0.0212%4h66.070+0.013%$192.6M$700.2M100xas long as short
Aftermath Perps XAGUSD+0.0222%1h66.060−0.003%$80K$36K10xas long as short
edgeX XAGUSDC+0.0222%4h66.092+0.047%$671K$313K30xas long as short
OKX XAG-USDT-SWAP+0.0234%8h66.070+0.013%$27.7M$65.0M50xas long as short
Bitget XAGUSDT+0.0256%4h66.070+0.013%$23.8M$45.4M100xas long as short
GRVT XAG_USDT_Perp+0.0274%4h66.094+0.049%$389K$1.5M25xas long as short
Bullet SILVER-USDlong+0.0287%1h66.061long leg$44K$76K10x
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.030−0.047%$62K$349K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0383% / S −0.0424%1h66.065+0.005%$103K111xas long as short
Hibachi XAG/USDT-P+0.0384%1h66.050−0.017%$20K$19K10xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.028−0.050%$912K$683K25xas long as short