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+0.0485%/8h= +53.1% APRnext payment +$0.61 per $10,000 · paid last 24h +0.086%
Price spread now: Kraken Futures against dYdX+0.041%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 5 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 +$15 a day on $10k at the current rate, and Kraken Futures is 0.041% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XAG-USD66.0180get 0.0000% / 1h8m 03s$15K5x
ShortKraken Futures PF_XAGUSD66.0450.0485get 0.0061% / 1h8m 03s$911K$683K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$101.91
Price spread: +0.041% → 0.000%
$4.11
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$86.03
Costs to cover
0.200%
Break-even
1.1 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 50 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 Kraken Futures live order book, 50 min ago2.47 bp8.4 bp −$816.2 bp −$16267.4 bp −$6,738doesn'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
dYdX XAG-USDlong0.0000%1h66.018long leg$15K5x
Gate XAG_USDT0.0000%4h66.090+0.109%$150.1M$163.9M100xas long as short
SunX XAG-USDT0.0000%4h66.060+0.064%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.130+0.170%$1.0M$968K75xas long as short
Phemex XAGUSDT0.0000%4h66.130+0.170%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.993−0.037%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.058+0.060%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.994−0.036%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.579%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.110+0.139%$795K$3.1M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0043%1h65.970−0.073%$5.7M$9.6M25xas long as short
Vest SI-PERP+0.0046%1h66.500+0.730%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.057+0.059%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.034+0.024%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.996−0.033%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.070+0.079%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.053+0.053%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0071%24h66.040+0.033%$547K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.034+0.024%$470K$615K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.050+0.048%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.030+0.018%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0127%1h66.037+0.029%$165.9M$73.5M25xas long as short
RISEx XAG/USDC+0.0137%1h66.067+0.074%$1.3M$4.6M20xas long as short
Paradex XAG-USD-PERP+0.0143%8h66.083+0.099%$30K$1K5xas long as short
Aster XAGUSDT+0.0148%4h66.072+0.082%$2.7M$868K100xas long as short
Bybit XAGUSDT+0.0172%4h66.090+0.109%$27.1M$36.1M150xas long as short
Lighter XAG+0.0184%1h66.060+0.063%$5.3M$10.8M25xas long as short
Aevo XAG-PERP+0.0200%1h66.075+0.086%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.020+0.003%$1.8M$1.0M20xas long as short
Variational Omni XAG+0.0204%4h66.063+0.068%$5.6M$9.5Mas long as short
MEXC SILVER_USDT+0.0214%4h66.070+0.079%$110.6M$153.0M1000xas long as short
Nado XAG-PERP+0.0214%1h66.025+0.010%$1.4M$6.4M10xas long as short
Binance XAGUSDT+0.0216%4h66.084+0.100%$192.7M$700.1M100xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.069+0.077%$80K$36K10xas long as short
edgeX XAGUSDC+0.0227%4h66.058+0.060%$670K$311K30xas long as short
OKX XAG-USDT-SWAP+0.0235%8h66.080+0.094%$27.7M$65.0M50xas long as short
Bitget XAGUSDT+0.0258%4h66.070+0.079%$23.8M$45.4M100xas long as short
BloFin XAG-USDT+0.0264%4h66.120+0.155%$2.6M$554K100xas long as short
GRVT XAG_USDT_Perp+0.0276%4h66.090+0.109%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0290%1h66.081+0.095%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.050+0.048%$75K$362K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0383% / S −0.0424%1h66.075+0.086%$103K111xas long as short
Hibachi XAG/USDT-P+0.0384%1h66.054+0.054%$20K$19K10xas long as short
Kraken Futures PF_XAGUSDshort+0.0485%1h66.045+0.041%$911K$683K25x