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+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.053%
Price spread now: Nado against gTrade (Gains Network)+0.056%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2792.791% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.073%+$7 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.056%, 7d avg +0.017%
Together, before fees−0.027%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.039% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAG/USD66.256L +0.0004% / S −0.0006%pay 0.0000% / 1h25m 34s$121K250x
ShortNado XAG-PERP66.2930.0210get 0.0026% / 1h25m 34s$1.3M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$43.35
Price spread: +0.056% → +0.017%
$3.89
Slippage, 4 orders
−$262.08
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$231.84
Costs to cover
2.791%
Break-even
44.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Nado: live order book, 3 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), 3 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350580.0 bp −$58.0K2587.5 bp −$1.29M
Sell Nado live order book, 3 min ago0.30 bp4.5 bp −$48.4 bp −$8435.9 bp −$3,586doesn'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
dYdX XAG-USD0.0000%1h66.272+0.024%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.360+0.157%$150.3M$164.2M100xas long as short
SunX XAG-USDT0.0000%4h66.330+0.112%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.360+0.157%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.350+0.142%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDlongL +0.0004% / S −0.0006%1h66.256long leg$121K250x
Lighter RH XAG+0.0032%1h66.343+0.131%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.286+0.045%$5.2M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.217%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.280+0.036%$797K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.759+0.759%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.281+0.038%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.257+0.002%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.270+0.021%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.340+0.127%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.289+0.050%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.278+0.033%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0098%1h66.326+0.106%$166.1M$74.3M25xas long as short
Pacifica XAG+0.0100%1h66.294+0.058%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.310+0.082%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.260+0.006%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.301+0.068%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.341+0.128%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.340+0.127%$2.7M$875K100xas long as short
Bybit XAGUSDT+0.0158%4h66.370+0.172%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.323+0.102%$48K10xas long as short
RISEx XAG/USDC+0.0181%1h66.370+0.172%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321+0.099%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.346+0.136%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.310+0.082%$1.9M$981K20xas long as short
MEXC SILVER_USDT+0.0194%4h66.350+0.142%$103.4M$153.4M1000xas long as short
BloFin XAG-USDT+0.0195%4h66.320+0.097%$2.6M$553K100xas long as short
Binance XAGUSDT+0.0196%4h66.359+0.155%$192.3M$705.3M100xas long as short
edgeX XAGUSDC+0.0206%4h66.322+0.099%$673K$313K30xas long as short
Nado XAG-PERPshort+0.0210%1h66.293+0.056%$1.3M$6.6M10x
OKX XAG-USDT-SWAP+0.0217%8h66.350+0.142%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0235%1h66.279+0.035%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.350+0.142%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0266%4h66.301+0.068%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.290+0.051%$20K$19K10xas long as short
Bullet SILVER-USD+0.0280%1h66.335+0.120%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0350% / S −0.0371%1h66.335+0.119%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.310+0.082%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.299+0.065%$915K$671K25xas long as short