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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.034%
Price spread now: edgeX against gTrade (Gains Network)+0.097%68s7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2842.836% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.097%, 7d avg +0.097%
Together, before fees−0.094%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.044% in total (about 4.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAG/USD65.993L +0.0004% / S −0.0006%pay 0.0000% / 1h7m 53s$120K250x
ShortedgeX XAGUSDC66.0580.0227get 0.0114% / 4h7m 53s$670K$311K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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
$46.98
Price spread: +0.097% → +0.097%
$0.05
Slippage, 4 orders
−$264.55
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$236.53
Costs to cover
2.836%
Break-even
42.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 16 min ago; edgeX: live order book, 51 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 gTrade (Gains Network) virtual book (oracle venue), 16 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350579.9 bp −$58.0K2587.5 bp −$1.29M
Sell edgeX live order book, 51 min ago2.27 bp6.8 bp −$76.8 bp −$689.2 bp −$91820.9 bp −$10.4K

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%1h66.018+0.037%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.100+0.162%$150.1M$163.9M100xas long as short
SunX XAG-USDT0.0000%4h66.060+0.101%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.130+0.207%$1.0M$968K75xas long as short
Phemex XAGUSDT0.0000%4h66.130+0.207%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDlongL +0.0004% / S −0.0006%1h65.993long leg$120K250x
Lighter RH XAG+0.0032%1h66.058+0.098%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.002+0.014%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.616%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.110+0.177%$795K$3.1M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0043%1h65.970−0.035%$5.7M$9.6M25xas long as short
Vest SI-PERP+0.0046%1h66.500+0.768%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.057+0.097%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.034+0.062%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.996+0.004%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.070+0.116%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.053+0.090%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0071%24h66.040+0.071%$547K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.034+0.062%$470K$615K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.050+0.086%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.030+0.056%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0127%1h66.037+0.066%$165.9M$73.5M25xas long as short
RISEx XAG/USDC+0.0137%1h66.067+0.111%$1.3M$4.6M20xas long as short
Paradex XAG-USD-PERP+0.0143%8h66.083+0.136%$30K$1K5xas long as short
Aster XAGUSDT+0.0148%4h66.077+0.128%$2.7M$868K100xas long as short
Bybit XAGUSDT+0.0172%4h66.100+0.162%$27.1M$36.1M150xas long as short
Lighter XAG+0.0184%1h66.060+0.100%$5.3M$10.8M25xas long as short
Aevo XAG-PERP+0.0200%1h66.075+0.124%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.020+0.040%$1.8M$1.0M20xas long as short
Variational Omni XAG+0.0204%4h66.063+0.105%$5.6M$9.5Mas long as short
MEXC SILVER_USDT+0.0214%4h66.080+0.131%$110.6M$153.0M1000xas long as short
Nado XAG-PERP+0.0214%1h66.025+0.047%$1.4M$6.4M10xas long as short
Binance XAGUSDT+0.0216%4h66.093+0.151%$192.7M$700.1M100xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.069+0.115%$80K$36K10xas long as short
edgeX XAGUSDCshort+0.0227%4h66.058+0.097%$670K$311K30x
OKX XAG-USDT-SWAP+0.0235%8h66.080+0.131%$27.7M$65.0M50xas long as short
Bitget XAGUSDT+0.0258%4h66.080+0.131%$23.8M$45.4M100xas long as short
BloFin XAG-USDT+0.0264%4h66.120+0.192%$2.6M$554K100xas long as short
GRVT XAG_USDT_Perp+0.0276%4h66.090+0.147%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0290%1h66.081+0.132%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.050+0.086%$75K$362K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0383% / S −0.0424%1h66.075+0.124%$103K111xas long as short
Hibachi XAG/USDT-P+0.0384%1h66.054+0.091%$20K$19K10xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.045+0.079%$911K$683K25xas long as short