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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0360%/8h= −39.5% APRnext payment $0.45 per $10,000 · paid last 24h −0.079%
Price spread now: dYdX against Deribit−0.043%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 4 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 −$11 a day on $10k at the current rate, and dYdX is 0.043% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SILVER_USDC-PERPETUAL65.5800.0360pay 0.0045% / 1h5m 00s$77K$381K20x
ShortdYdX XAG-USD65.5520get 0.0000% / 1h5m 00s$13K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Deribit. 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
−$75.67
Price spread: −0.043% → 0.000%
−$4.27
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$96.93
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 37 min ago; dYdX: 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 Deribit live order book, 37 min ago0.76 bp7.3 bp −$77.5 bp −$75doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−0.6784%1h65.541−0.059%$39K$26K20xas long as short
dYdX XAG-USDshort0.0000%1h65.552−0.043%$13K$8K5x
RISEx XAG/USDC0.0000%1h65.600+0.031%$1.3M$5.5M20xas long as short
Gate XAG_USDT0.0000%4h65.620+0.061%$135.2M$204.6M100xas long as short
SunX XAG-USDT0.0000%4h65.5800.000%$2K$2.2M20xas long as short
HTX XAG-USDT0.0000%4h65.640+0.091%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.620+0.061%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.537−0.066%$118K250xas long as short
Variational Omni XAG+0.0018%4h65.606+0.040%$5.4M$9.3Mas long as short
Lighter RH XAG+0.0032%1h65.596+0.025%$4.6M$10.0M25xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.528−0.080%$5.1M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h64.602−1.491%$11K$24052xas long as short
Ondo Perps XAG-USD.P+0.0035%1h65.480−0.152%$5.7M$11.2M25xas long as short
StandX XAG-USD+0.0040%1h65.600+0.030%$789K$3.1M40xas long as short
Aster XAGUSDT+0.0041%4h65.603+0.035%$2.7M$1.2M100xas long as short
QFEX SILVER-USD+0.0042%1h65.590+0.015%$446K$1.4M20xas long as short
MEXC SILVER_USDT+0.0044%4h65.590+0.015%$120.7M$166.6M1000xas long as short
edgeX XAGUSDC+0.0045%4h65.560−0.030%$668K$314K30xas long as short
Binance XAGUSDT+0.0045%4h65.598+0.028%$191.4M$859.7M100xas long as short
Vest SI-PERP+0.0046%1h66.023+0.676%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.569−0.017%$3.8M$1.5M20xas long as short
SoDEX SILVER-USD+0.0050%1h65.535−0.069%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.566−0.022%$29K5xas long as short
Bybit XAGUSDT+0.0062%4h65.610+0.046%$30.9M$48.6M150xas long as short
Aevo XAG-PERP+0.0064%1h65.587+0.011%$47K10xas long as short
GRVT XAG_USDT_Perp+0.0082%4h65.575−0.008%$390K$1.6M25xas long as short
tradeXYZ xyz:SILVER+0.0088%1h65.570−0.015%$175.8M$86.0M25xas long as short
Pacifica XAG+0.0100%1h65.522−0.088%$462K$501K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.550−0.046%$25.3M$4.1M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.520−0.091%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.510−0.107%$1.6M$2.1M20xas long as short
Kalshi KXSILVERPERP+0.0112%24h65.599+0.029%$780K$38.4M8.1xas long as short
Phoenix SILVER+0.0134%1h65.516−0.098%$55K$15K25xas long as short
Nado XAG-PERP+0.0140%1h65.549−0.048%$1.1M$3.1M10xas long as short
Lighter XAG+0.0152%1h65.602+0.033%$5.3M$12.2M25xas long as short
OKX XAG-USDT-SWAP+0.0161%8h65.610+0.046%$27.6M$86.2M50xas long as short
BloFin XAG-USDT+0.0179%4h65.590+0.015%$2.6M$771K100xas long as short
Bitget XAGUSDT+0.0188%4h65.600+0.030%$23.3M$53.4M100xas long as short
Aftermath Perps XAGUSD+0.0227%1h65.550−0.045%$79K$37K10xas long as short
Bullet SILVER-USD+0.0243%1h65.605+0.037%$44K$70K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0244% / S −0.0204%1h65.615+0.053%$93K111xas long as short
Hibachi XAG/USDT-P+0.0248%1h65.552−0.043%$21K$12K10xas long as short
Deribit SILVER_USDC-PERPETUALlong+0.0360%1h65.580long leg$77K$381K20x
Kraken Futures PF_XAGUSD+0.0540%1h65.573−0.010%$1.0M$958K25xas long as short