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−0.0113%/8h= −12.4% APRnext payment $0.57 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against edgeX+0.010%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.010%, 7d avg −0.053%
Together, before fees−0.049%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.063% dearer against edgeX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.053%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC65.9530.0213pay 0.0107% / 4h3h 39m$669K$310K30x
ShortKuCoin XAGUSDTM65.9600.0100get 0.0050% / 4h3h 39m$24.5M$4.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$23.83
Price spread: +0.010% → −0.053%
$6.31
Slippage, 4 orders
−$9.37
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$47.89
Costs to cover
0.304%
Break-even
never at this rate
Slippage from edgeX: live order book, 15 min ago; KuCoin: 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, 15 min ago2.27 bp6.8 bp −$76.8 bp −$689.2 bp −$92021.1 bp −$10.6K
Sell KuCoin live order book, 5 min ago1.52 bp9.0 bp −$916.9 bp −$169doesn't fitdoesn't fit

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
Ondo Perps XAG-USD.P−0.0046%1h65.880−0.111%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.030%$14K5xas long as short
Gate XAG_USDT0.0000%4h66.000+0.071%$149.5M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.990+0.056%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.020+0.101%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.990+0.056%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.930−0.035%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.976+0.034%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.931−0.034%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.677%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.970+0.025%$793K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.408+0.690%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.958+0.007%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.931−0.034%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.952−0.002%$166.0M$73.5M25xas long as short
QFEX SILVER-USD+0.0060%1h65.980+0.041%$114K$2.7M20xas long as short
Hotstuff SILVER-PERP+0.0072%1h65.963+0.015%$35K$21K20xas long as short
Kalshi KXSILVERPERP+0.0072%24h65.954+0.001%$540K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.889−0.097%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.992+0.058%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.924−0.045%$469K$612K10xas long as short
KuCoin XAGUSDTMshort+0.0100%4h65.960+0.010%$24.5M$4.5M75x
ApeX Omni XAGUSDT+0.0100%1h65.920−0.050%$113K$30K50xas long as short
Bybit XAGUSDT+0.0109%4h66.010+0.086%$27.4M$36.4M150xas long as short
Lighter XAG+0.0112%1h65.982+0.043%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0116%8h65.986+0.050%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h65.970+0.025%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0181%1h65.953−0.001%$1.4M$6.0M10xas long as short
Aevo XAG-PERP+0.0184%1h65.978+0.038%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963+0.016%$5.6M$9.4Mas long as short
Binance XAGUSDT+0.0202%4h65.990+0.056%$191.0M$702.6M100xas long as short
MEXC SILVER_USDT+0.0202%4h65.980+0.041%$112.8M$152.1M1000xas long as short
BloFin XAG-USDT+0.0204%4h66.000+0.071%$2.6M$556K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.970+0.025%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h65.973+0.030%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.005%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0213%1h65.945−0.012%$79K$36K10xas long as short
edgeX XAGUSDClong+0.0213%4h65.953long leg$669K$310K30x
OKX XAG-USDT-SWAP+0.0233%8h66.000+0.071%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0234%1h65.996+0.065%$45K$76K10xas long as short
Bitget XAGUSDT+0.0242%4h65.990+0.056%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-P+0.0328%1h65.930−0.036%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h65.995+0.063%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.958+0.007%$910K$683K25xas long as short