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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: ApeX Omni against dYdX+0.104%50s7-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 6 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.104% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XAG-USD65.2420get 0.0000% / 1h32m 04s$12K$5K5x
ShortApeX Omni XAGUSDT65.3100.0100get 0.0013% / 1h32m 04s$112K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
$21
Price spread: +0.104% → 0.000%
$10.42
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$11.42
Costs to cover
0.200%
Break-even
3.2 days
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 3 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 dYdX no order-book sample
Sell ApeX Omni live order book, 3 min ago3.06 bp15.0 bp −$1556.2 bp −$562doesn't fitdoesn't fit
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 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
Hotstuff SILVER-PERP−0.0056%1h65.295+0.081%$35K$21K20xas long as short
Ondo Perps XAG-USD.P−0.0037%1h65.190−0.080%$5.6M$9.7M25xas long as short
dYdX XAG-USDlong0.0000%1h65.242long leg$12K$5K5x
Bybit XAGUSDT0.0000%4h65.310+0.104%$27.8M$39.3M150xas long as short
SunX XAG-USDT0.0000%4h65.300+0.089%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.340+0.150%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.320+0.120%$1.5M$281K100xas long as short
Variational Omni XAG0.0000%4h65.332+0.138%$5.5M$9.1Mas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.268+0.040%$118K250xas long as short
Aster XAGUSDT+0.0024%4h65.300+0.089%$2.7M$928K100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SILVER_USDT+0.0026%4h65.300+0.089%$120.7M$157.6M1000xas long as short
Binance XAGUSDT+0.0026%4h65.307+0.099%$191.6M$753.7M100xas long as short
Lighter RH XAG+0.0032%1h65.293+0.079%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.244+0.003%$5.0M$11.6M10xas long as short
edgeX XAGUSDC+0.0032%4h65.342+0.153%$665K$313K30xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.775%$11K$94K52xas long as short
Gate XAG_USDT+0.0034%4h65.310+0.104%$140.7M$178.3M100xas long as short
StandX XAG-USD+0.0040%1h65.330+0.135%$786K$2.9M40xas long as short
Aevo XAG-PERP+0.0040%1h65.290+0.074%$47K10xas long as short
QFEX SILVER-USD+0.0044%1h65.300+0.089%$157K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.721+0.734%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.270+0.043%$169.6M$81.7M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.276+0.052%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.238−0.006%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0052%8h65.291+0.075%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.316+0.113%$56K$31K25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.256+0.021%$466K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.300+0.089%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.253+0.017%$464K$611K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.260+0.028%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h65.310+0.104%$112K$19K50x
BloFin XAG-USDT+0.0107%4h65.350+0.166%$2.7M$574K100xas long as short
RISEx XAG/USDC+0.0118%1h65.325+0.127%$1.2M$4.8M20xas long as short
GRVT XAG_USDT_Perp+0.0130%4h65.372+0.199%$384K$1.6M25xas long as short
Bitget XAGUSDT+0.0152%4h65.300+0.089%$23.2M$44.7M100xas long as short
Nado XAG-PERP+0.0159%1h65.275+0.051%$1.2M$4.7M10xas long as short
Lighter XAG+0.0160%1h65.297+0.085%$5.3M$11.1M25xas long as short
OKX XAG-USDT-SWAP+0.0166%8h65.300+0.089%$28.2M$69.8M50xas long as short
Aftermath Perps XAGUSD+0.0183%1h65.299+0.087%$79K$37K10xas long as short
Hibachi XAG/USDT-P+0.0184%1h65.313+0.109%$20K$17K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0210%1h65.280+0.058%$65K$391K20xas long as short
Bullet SILVER-USD+0.0220%1h65.314+0.110%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.305+0.097%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.267+0.038%$1.0M$868K25xas long as short