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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0198%/8h= −21.6% APRpaid last 24h −0.051%
Price spread now: Hotstuff against edgeX−0.027%58s7-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 fees+ Points / potential airdropedgeX: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hotstuff is 0.027% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC66.3220.0206pay 0.0103% / 4h1h 26m$673K$313K30x
ShortHotstuff SILVER-PERP66.3040.0008get 0.0001% / 1h26m 18s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$41.49
Price spread: −0.027% → 0.000%
−$2.67
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$58.15
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 37 min ago; Hotstuff: 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 edgeX live order book, 37 min ago2.26 bp6.8 bp −$76.8 bp −$689.2 bp −$91721.2 bp −$10.6K
Sell Hotstuff no order-book sample
Hotstuff: 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-USD0.0000%1h66.272−0.075%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.340+0.028%$150.3M$164.2M100xas long as short
SunX XAG-USDT0.0000%4h66.330+0.013%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.380+0.088%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.340+0.028%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.256−0.099%$121K250xas long as short
Hotstuff SILVER-PERPshort+0.0008%1h66.304−0.027%$35K$21K20x
Lighter RH XAG+0.0032%1h66.323+0.001%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.256−0.098%$5.2M$12.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.118%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.280−0.063%$797K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.759+0.659%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.281−0.061%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.257−0.098%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.230−0.138%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.330+0.013%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0064%24h66.294−0.042%$533K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.278−0.066%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.296−0.039%$166.0M$74.3M25xas long as short
Pacifica XAG+0.0100%1h66.285−0.055%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.280−0.063%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.260−0.093%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.332+0.015%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.338+0.024%$2.7M$875K100xas long as short
Bybit XAGUSDT+0.0158%4h66.350+0.043%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.323+0.002%$48K10xas long as short
Variational Omni XAG+0.0179%4h66.3210.000%$5.6M$9.8Mas long as short
RISEx XAG/USDC+0.0181%1h66.340+0.028%$1.3M$4.5M20xas long as short
Lighter XAG+0.0192%1h66.335+0.019%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.310−0.018%$1.9M$981K20xas long as short
MEXC SILVER_USDT+0.0194%4h66.320−0.003%$103.4M$153.4M1000xas long as short
BloFin XAG-USDT+0.0195%4h66.320−0.003%$2.6M$553K100xas long as short
Binance XAGUSDT+0.0196%4h66.327+0.008%$192.2M$705.3M100xas long as short
edgeX XAGUSDClong+0.0206%4h66.322long leg$673K$313K30x
Nado XAG-PERP+0.0210%1h66.293−0.043%$1.3M$6.6M10xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.330+0.013%$27.8M$65.8M50xas long as short
Aftermath Perps XAGUSD+0.0235%1h66.279−0.064%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.330+0.013%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0266%4h66.301−0.031%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.290−0.048%$20K$19K10xas long as short
Bullet SILVER-USD+0.0280%1h66.335+0.020%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0350% / S −0.0371%1h66.335+0.020%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.310−0.018%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.299−0.035%$915K$671K25xas long as short