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−0.0016%/8h= −1.8% APRnext payment $0.08 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against edgeX−0.262%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$150.151% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.262%, 7d avg −0.016%
Together, before fees+0.173%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.246% cheaper against edgeX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC65.2510.0050pay 0.0025% / 4h7m 08s$664K$312K30x
ShortMEXC SILVER_USDT65.0800.0034get 0.0017% / 4h7m 08s$124.5M$162.6M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$3.42
Price spread: −0.262% → −0.016%
−$24.61
Slippage, 4 orders
−$6.13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$43.15
Costs to cover
0.151%
Break-even
never at this rate
Slippage from edgeX: live order book, 32 min ago; MEXC: live order book, 2 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, 32 min ago2.30 bp6.8 bp −$76.8 bp −$689.2 bp −$92421.2 bp −$10.6K
Sell MEXC live order book, 2 min ago0.77 bp0.8 bp −$10.8 bp −$80.8 bp −$773.3 bp −$1,663

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−0.0026%1h64.970−0.431%$5.7M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.035−0.331%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h64.997−0.390%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.100−0.232%$27.7M$39.1M150xas long as short
Variational Omni XAG0.0000%4h65.227−0.037%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.090−0.247%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.150−0.155%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.100−0.232%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.023−0.349%$118K250xas long as short
Gate XAG_USDT+0.0030%4h65.090−0.247%$140.2M$181.7M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.088−0.249%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.018−0.358%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.761%$11K$94K52xas long as short
MEXC SILVER_USDTshort+0.0034%4h65.080−0.262%$124.5M$162.6M1000x
Binance XAGUSDT+0.0034%4h65.090−0.247%$191.6M$755.9M100xas long as short
StandX XAG-USD+0.0040%1h65.110−0.216%$783K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.095−0.239%$2.7M$982K100xas long as short
QFEX SILVER-USD+0.0044%1h65.070−0.278%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.493+0.371%25xas long as short
Aevo XAG-PERP+0.0048%1h65.077−0.267%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.041−0.322%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.025−0.346%$3K$6K20xas long as short
edgeX XAGUSDClong+0.0050%4h65.251long leg$664K$312K30x
Paradex XAG-USD-PERP+0.0053%8h65.054−0.301%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.076−0.268%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0071%1h65.046−0.314%$172.9M$84.5M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.055−0.301%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030−0.339%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.011−0.368%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.040−0.324%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200−0.078%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.077−0.267%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0136%4h65.100−0.232%$2.7M$624K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.219−0.049%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.031−0.337%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0162%4h65.090−0.247%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.080−0.262%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.094−0.241%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0194%1h65.101−0.229%$78K$37K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.052−0.305%$20K$16K10xas long as short
Bullet SILVER-USD+0.0234%1h65.077−0.267%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075−0.270%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0365%1h65.053−0.304%$1.0M$869K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.080−0.262%$65K$398K20xas long as short