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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against edgeX+0.003%101s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.239%−$24 on $10k
Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.003%, 7d avg +0.021%
Together, before fees−0.211%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.239%, so the current rate has only just turned in your favour. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC66.6080.0130pay 0.0065% / 4h13m 31s$676K$316K30x
ShortBloFin XAG-USDT66.6100.0157get 0.0079% / 4h13m 31s$2.6M$652K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
$5.63
Price spread: +0.003% → +0.021%
−$1.79
Slippage, 4 orders
−$6.03
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.18
Costs to cover
0.270%
Break-even
35.8 days
Slippage from edgeX: live order book, 65 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 65 min ago2.26 bp6.8 bp −$76.8 bp −$689.2 bp −$91820.9 bp −$10.5K
Sell BloFin live order book, 5 min ago0.75 bp6.8 bp −$76.8 bp −$688.8 bp −$88015.1 bp −$7,535

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%1h66.560−0.072%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.650+0.063%$26.5M$34.7M150xas long as short
Gate XAG_USDT0.0000%4h66.640+0.048%$156.1M$174.8M100xas long as short
SunX XAG-USDT0.0000%4h66.630+0.033%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.650+0.063%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.630+0.033%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.556−0.078%$120K250xas long as short
Hotstuff SILVER-PERP+0.0008%1h66.596−0.018%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.614+0.009%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.567−0.062%$5.5M$12.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.312%$11K$94K52xas long as short
Phoenix SILVER+0.0036%1h66.596−0.018%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.580−0.042%$797K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.065+0.687%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.594−0.021%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.558−0.075%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.530−0.117%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.595−0.019%$581K$21.3M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.610+0.003%$125K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0071%1h66.585−0.034%$166.0M$87.0M25xas long as short
Pacifica XAG+0.0100%1h66.573−0.052%$481K$618K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.580−0.042%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.590−0.027%$127K$26K50xas long as short
Variational Omni XAG+0.0103%4h66.615+0.011%$5.6M$10.1Mas long as short
Paradex XAG-USD-PERP+0.0105%8h66.616+0.013%$30K$1K5xas long as short
Aster XAGUSDT+0.0113%4h66.626+0.027%$2.8M$1.1M100xas long as short
Lighter XAG+0.0120%1h66.616+0.012%$5.2M$10.4M25xas long as short
Aevo XAG-PERP+0.0120%1h66.622+0.021%$48K10xas long as short
MEXC SILVER_USDT+0.0122%4h66.620+0.018%$115.5M$153.4M1000xas long as short
Binance XAGUSDT+0.0122%4h66.629+0.031%$191.9M$723.2M100xas long as short
edgeX XAGUSDClong+0.0130%4h66.608long leg$676K$316K30x
Bitget XAGUSDT+0.0156%4h66.640+0.048%$24.4M$48.2M100xas long as short
BloFin XAG-USDTshort+0.0157%4h66.610+0.003%$2.6M$652K100x
Coinbase International SILVER-PERP-INTX+0.0160%1h66.610+0.003%$1.9M$851K20xas long as short
Aftermath Perps XAGUSD+0.0171%1h66.556−0.078%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0180%4h66.634+0.040%$401K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0197%8h66.640+0.048%$28.0M$66.9M50xas long as short
RISEx XAG/USDC+0.0208%1h66.634+0.040%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0250%1h66.629+0.032%$45K$75K10xas long as short
Nado XAG-PERP+0.0254%1h66.577−0.045%$1.3M$6.6M10xas long as short
Hibachi XAG/USDT-P+0.0280%1h66.571−0.055%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.625+0.026%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0501%1h66.620+0.018%$50K$351K20xas long as short
Kraken Futures PF_XAGUSD+0.0595%1h66.594−0.020%$764K$588K25xas long as short