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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.033%
Price spread now: RISEx against gTrade (Gains Network)+0.123%7-day average +0.090% · 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−$2782.785% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.060%+$6 on $10k
Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.123%, 7d avg +0.090%
Together, before fees−0.036%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and RISEx is 0.033% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAG/USD66.249L +0.0004% / S −0.0006%pay 0.0000% / 1h13m 20s$120K250x
ShortRISEx XAG/USDC66.3300.0079get 0.0010% / 1h13m 20s$1.2M$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$15.71
Price spread: +0.123% → +0.090%
$3.28
Slippage, 4 orders
−$262.45
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$259.46
Costs to cover
2.785%
Break-even
122.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 21 min ago; RISEx: live order book, 1 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), 21 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350580.0 bp −$58.0K2587.5 bp −$1.29M
Sell RISEx live order book, 1 min ago0.71 bp4.7 bp −$55.3 bp −$53doesn't fitdoesn't fit

XAG on 43 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%1h66.296+0.071%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.320+0.108%$153.1M$164.5M100xas long as short
SunX XAG-USDT0.0000%4h66.360+0.168%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.400+0.228%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.410+0.243%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDlongL +0.0004% / S −0.0006%1h66.249long leg$120K250x
Lighter RH XAG+0.0032%1h66.323+0.112%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.281+0.049%$5.4M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.228%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.410+0.243%$799K$2.9M40xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.762+0.775%25xas long as short
Ondo Perps XAG-USD.P+0.0047%1h66.220−0.043%$5.7M$9.6M25xas long as short
Phoenix SILVER+0.0048%1h66.297+0.073%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.286+0.056%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.247−0.003%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.310+0.093%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0062%24h66.342+0.141%$609K$23.8M8.1xas long as short
RISEx XAG/USDCshort+0.0079%1h66.330+0.123%$1.2M$4.4M20x
tradeXYZ xyz:SILVER+0.0099%1h66.278+0.044%$165.8M$76.2M25xas long as short
Pacifica XAG+0.0100%1h66.296+0.071%$472K$606K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.280+0.047%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.350+0.153%$126K$23K50xas long as short
Hotstuff SILVER-PERP+0.0112%1h66.316+0.102%$35K$21K20xas long as short
Bybit XAGUSDT+0.0131%4h66.330+0.123%$26.5M$36.4M150xas long as short
Aster XAGUSDT+0.0132%4h66.320+0.108%$2.7M$942K100xas long as short
Paradex XAG-USD-PERP+0.0137%8h66.338+0.134%$30K$1K5xas long as short
Variational Omni XAG+0.0166%4h66.373+0.187%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0168%1h66.307+0.088%$48K10xas long as short
MEXC SILVER_USDT+0.0180%4h66.300+0.077%$102.7M$158.6M1000xas long as short
Binance XAGUSDT+0.0181%4h66.316+0.102%$192.1M$706.8M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.410+0.243%$1.9M$971K20xas long as short
Lighter XAG+0.0192%1h66.332+0.126%$5.3M$10.6M25xas long as short
edgeX XAGUSDC+0.0197%4h66.404+0.235%$674K$315K30xas long as short
OKX XAG-USDT-SWAP+0.0212%8h66.320+0.108%$28.0M$65.7M50xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.320+0.108%$20K$22K10xas long as short
Nado XAG-PERP+0.0225%1h66.306+0.087%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0237%1h66.322+0.111%$80K$38K10xas long as short
Bitget XAGUSDT+0.0248%4h66.320+0.108%$23.9M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0266%4h66.378+0.195%$395K$1.5M25xas long as short
Bullet SILVER-USD+0.0287%1h66.329+0.121%$46K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.325+0.115%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.323+0.113%$765K$478K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.370+0.183%$50K$325K20xas long as short