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−0.0175%/8h= −19.1% APRnext payment $0.22 per $10,000 · paid last 24h −0.047%
Price spread now: Injective against Coinbase International+0.560%7-day average · you sell dearer than you buy
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 7 days−0.252%−$25 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.560% dearer against Coinbase International than usual: you sell high and buy low (spread +0.560% now, against zero (this spread has no 7-day history yet)): +$56 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX66.0300.0208pay 0.0026% / 1h16m 56s$1.8M$1.0M20x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h16m 56s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. 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
−$36.68
Price spread: +0.560% → 0.000%
$56.04
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$9.34
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 2 min ago; Injective: 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 Coinbase International live order book, 2 min ago0.76 bp5.8 bp −$66.6 bp −$66doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0062%1h65.950−0.121%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.063%$14K$665xas long as short
Hotstuff SILVER-PERP0.0000%1h66.029−0.002%$35K$21K20xas long as short
SunX XAG-USDT0.0000%4h66.090+0.091%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.076%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.070+0.061%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.998−0.049%$120K250xas long as short
Gate XAG_USDT+0.0016%4h66.080+0.076%$149.9M$164.0M100xas long as short
Lighter RH XAG+0.0032%1h66.058+0.042%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.007−0.035%$5.2M$11.5M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERPshort+0.0033%1h66.400+0.560%$11K$94K52x
StandX XAG-USD+0.0040%1h66.060+0.045%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.482+0.685%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.025−0.008%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.001−0.044%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h66.034+0.006%$166.3M$74.0M25xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.045+0.022%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050+0.030%$114K$2.7M20xas long as short
Phoenix SILVER+0.0073%1h65.995−0.053%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.018−0.018%$557K$26.4M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.072+0.063%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h66.007−0.035%$470K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.0300.000%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.060+0.045%$113K$30K50xas long as short
Lighter XAG+0.0104%1h66.061+0.046%$5.2M$10.8M25xas long as short
Bybit XAGUSDT+0.0123%4h66.080+0.076%$27.8M$36.5M150xas long as short
Aster XAGUSDT+0.0136%4h66.071+0.062%$2.7M$866K100xas long as short
Aevo XAG-PERP+0.0168%1h66.053+0.035%$47K10xas long as short
Variational Omni XAG+0.0171%4h66.073+0.066%$5.7M$9.5Mas long as short
Nado XAG-PERP+0.0172%1h66.019−0.016%$1.4M$5.8M10xas long as short
Binance XAGUSDT+0.0178%4h66.070+0.061%$190.9M$702.8M100xas long as short
MEXC SILVER_USDT+0.0178%4h66.060+0.045%$115.0M$152.7M1000xas long as short
GRVT XAG_USDT_Perp+0.0178%4h66.085+0.083%$395K$1.5M25xas long as short
edgeX XAGUSDC+0.0187%4h66.071+0.062%$670K$311K30xas long as short
Aftermath Perps XAGUSD+0.0188%1h66.046+0.025%$79K$36K10xas long as short
BloFin XAG-USDT+0.0207%4h66.080+0.076%$2.6M$563K100xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0208%1h66.030long leg$1.8M$1.0M20x
OKX XAG-USDT-SWAP+0.0224%8h66.080+0.076%$27.7M$64.5M50xas long as short
Bitget XAGUSDT+0.0226%4h66.070+0.061%$23.9M$45.2M100xas long as short
Bullet SILVER-USD+0.0227%1h66.067+0.056%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.008−0.033%$20K$19K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.060+0.045%$75K$363K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.065+0.053%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.032+0.004%$911K$683K25xas long as short