After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.142%7d average+0.078%fees + slippage, in and out−$41spread needed0.409%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAG-USD | 66.516 | 0.0032 | pay 0.0004% / 1h | 27m 46s | $4.2M | $13.2M | 10x |
| Short | Phemex XAGUSDT | 66.610 | 0 | get 0.0000% / 4h | 2h 27m | $1.5M | $238K | 100x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $14.2
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$23.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$27.63
- Spread needed to break even
- 0.409%
Slippage from Extended: live order book, 3 min ago; Phemex: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 3 min ago | 0.08 bp | 2.6 bp −$3 | 4.2 bp −$42 | 9.6 bp −$962 | doesn't fit |
| Sell Phemex live order book, 2 min ago | 0.75 bp | 27.5 bp −$27 | 31.0 bp −$310 | doesn't fit | doesn't fit |
XAG price on every exchange
against the cheapest. Click to use as the short leg.XAG on 43 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | −0.174% | +0.0033% | 1h | $11K | $218K | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.068% | +0.0034% | 1h | $6.2M | $6.1M | 25x | as long as short |
| dYdX XAG-USD | −0.053% | 0.0000% | 1h | $15K | $997 | 5x | as long as short |
| Polymarket Perps SILVER-USD | −0.035% | +0.0050% | 1h | $3.7M | $229K | 20x | as long as short |
| Nado XAG-PERP | −0.029% | +0.0145% | 1h | $1.3M | $5.6M | 10x | as long as short |
| Hotstuff SILVER-PERP | −0.023% | +0.0096% | 1h | $37K | $8K | 20x | as long as short |
| Kalshi KXSILVERPERP | −0.019% | 0.0000% | 24h | $723K | $14.6M | 8.1x | as long as short |
| gTrade (Gains Network) XAG/USD | −0.018% | L +0.0004% / S −0.0006% | 1h | $116K | — | 250x | as long as short |
| Paradex XAG-USD-PERP | −0.001% | +0.0068% | 8h | $30K | $1K | 5x | as long as short |
| Extended XAG-USDlong | 0.000% | +0.0032% | 1h | $4.2M | $13.2M | 10x |
Show all 43 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XAG | +0.001% | +0.0100% | 1h | $479K | $664K | 10x | as long as short |
| RISEx XAG/USDC | +0.012% | 0.0000% | 1h | $1.4M | $2.2M | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.018% | +0.0216% | 1h | $746K | $391K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.019% | +0.0050% | 1h | $170.4M | $79.1M | 25x | as long as short |
| QFEX SILVER-USD | +0.022% | +0.0042% | 1h | $1.4M | $2.1M | 20x | as long as short |
| SoDEX SILVER-USD | +0.025% | +0.0050% | 1h | $4K | $5K | 20x | as long as short |
| KuCoin XAGUSDTM | +0.037% | +0.0100% | 4h | $23.0M | $2.9M | 75x | as long as short |
| Hibachi XAG/USDT-P | +0.040% | −0.0200% | 1h | $23K | $15K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | +0.044% | L +0.0227% / S −0.0207% | 1h | $83K | — | 111x | as long as short |
| Lighter RH XAG | +0.046% | +0.0032% | 1h | $4.6M | $7.8M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.052% | +0.0182% | 1h | $80K | $38K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.052% | +0.0176% | 8h | $28.7M | $53.8M | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.052% | +0.0224% | 1h | $1.8M | $1.1M | 20x | as long as short |
| BloFin XAG-USDT | +0.067% | +0.0198% | 4h | $2.8M | $1.6M | 100x | as long as short |
| Phoenix SILVER | +0.073% | +0.0024% | 1h | $56K | $26K | 25x | as long as short |
| Lighter XAG | +0.076% | +0.0168% | 1h | $5.2M | $10.1M | 25x | as long as short |
| Binance XAGUSDT | +0.082% | +0.0153% | 4h | $188.9M | $650.4M | 100x | as long as short |
| Bybit XAGUSDT | +0.082% | +0.0054% | 4h | $23.4M | $32.0M | 150x | as long as short |
| MEXC SILVER_USDT | +0.082% | +0.0154% | 4h | $110.2M | $153.8M | 1000x | as long as short |
| Bitget XAGUSDT | +0.082% | +0.0224% | 4h | $22.6M | $42.5M | 100x | as long as short |
| SunX XAG-USDT | +0.082% | 0.0000% | 4h | $2K | $3.0M | 20x | as long as short |
| Aster XAGUSDT | +0.087% | +0.0087% | 4h | $2.8M | $1.1M | 100x | as long as short |
| StandX XAG-USD | +0.097% | +0.0040% | 1h | $712K | $1.2M | 40x | as long as short |
| Aevo XAG-PERP | +0.105% | +0.0144% | 1h | $48K | — | 10x | as long as short |
| Gate XAG_USDT | +0.112% | +0.0036% | 4h | $131.3M | $161.2M | 100x | as long as short |
| ApeX Omni XAGUSDT | +0.127% | +0.0100% | 1h | $113K | $189K | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.127% | +0.0351% | 1h | $90K | $586K | 20x | as long as short |
| Variational Omni XAG | +0.130% | +0.0138% | 4h | $6.0M | $11.4M | — | as long as short |
| Bullet SILVER-USD | +0.141% | +0.0216% | 1h | $45K | $78K | 10x | as long as short |
| Phemex XAGUSDTshort | +0.142% | 0.0000% | 4h | $1.5M | $238K | 100x | |
| edgeX XAGUSDC | +0.180% | +0.0160% | 4h | $673K | $329K | 30x | as long as short |
| HTX XAG-USDT | +0.217% | 0.0000% | 4h | $1.0M | $852K | 75x | as long as short |
| Vest SI-PERP | +0.772% | +0.0046% | 1h | — | — | 25x | as long as short |
Extended XAG-USD
Phemex XAGUSDT
Injective
Polymarket Perps
gTrade (Gains Network)
Paradex
Pacifica
RISEx
Kraken Futures
tradeXYZ
SoDEX
KuCoin
GMX
Lighter RH
OKX
Coinbase International
BloFin
Phoenix
Lighter
Binance
Bybit
MEXC
Bitget
SunX
Aster
StandX
Gate
ApeX Omni
Deribit
Variational Omni
Bullet
HTX