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+0.0126%/8h= +13.7% APRpaid last 24h +0.027%
Price spread now: Variational Omni against gTrade (Gains Network)+0.341%51s7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.029%+$3 on $10k
Price spread, last 3 days (all we have)−0.378%−$38 · spread now +0.341%, 7d avg +0.104%
Together, before fees−0.349%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.237% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.104%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAG/USD66.278L +0.0004% / S −0.0006%pay 0.0000% / 1h36m 36s$120K250x
ShortVariational Omni XAG66.5050.0129get 0.0065% / 4h2h 36m$5.5M$9.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$26.36
Price spread: +0.341% → +0.104%
$23.74
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$40.1
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 62 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

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), 62 min ago130.00 bp135.0 bp −$135135.0 bp −$1,350579.9 bp −$58.0K2587.5 bp −$1.29M
Sell Variational Omni RFQ quote, 3 min ago2.56 bpdoesn't fit2.6 bp −$26doesn't fitdoesn'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%1h66.294+0.024%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.400+0.183%$153.4M$162.3M100xas long as short
SunX XAG-USDT0.0000%4h66.360+0.123%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.410+0.199%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.370+0.138%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDlongL +0.0004% / S −0.0006%1h66.278long leg$120K250x
Lighter RH XAG+0.0032%1h66.348+0.104%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.323+0.067%$5.4M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.183%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.420+0.214%$799K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.810+0.802%25xas long as short
Phoenix SILVER+0.0048%1h66.413+0.203%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.314+0.054%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.275−0.005%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.280+0.002%$5.7M$9.5M25xas long as short
QFEX SILVER-USD+0.0054%1h66.400+0.183%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.336+0.087%$562K$23.2M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.403+0.188%$1.2M$4.3M20xas long as short
Bybit XAGUSDT+0.0088%4h66.420+0.214%$26.4M$35.9M150xas long as short
tradeXYZ xyz:SILVER+0.0094%1h66.338+0.090%$165.6M$76.0M25xas long as short
Pacifica XAG+0.0100%1h66.342+0.096%$472K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.350+0.108%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.470+0.289%$126K$23K50xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.440%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0114%4h66.360+0.123%$2.7M$967K100xas long as short
Paradex XAG-USD-PERP+0.0123%8h66.374+0.145%$30K$1K5xas long as short
Variational Omni XAGshort+0.0129%4h66.505+0.341%$5.5M$9.8M
Aevo XAG-PERP+0.0144%1h66.333+0.083%$48K10xas long as short
MEXC SILVER_USDT+0.0152%4h66.390+0.168%$102.2M$158.1M1000xas long as short
Binance XAGUSDT+0.0154%4h66.395+0.176%$192.6M$708.3M100xas long as short
Lighter XAG+0.0160%1h66.386+0.162%$5.3M$10.5M25xas long as short
edgeX XAGUSDC+0.0166%4h66.514+0.355%$675K$314K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520+0.365%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0198%8h66.400+0.183%$28.0M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.427+0.225%$80K$38K10xas long as short
Hotstuff SILVER-PERP+0.0224%1h66.368+0.135%$35K$21K20xas long as short
Bitget XAGUSDT+0.0226%4h66.390+0.168%$24.0M$46.1M100xas long as short
Nado XAG-PERP+0.0229%1h66.324+0.069%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0242%4h66.526+0.373%$391K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.473+0.293%$20K$22K10xas long as short
Bullet SILVER-USD+0.0278%1h66.353+0.113%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.345+0.100%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.308+0.045%$765K$471K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.340+0.093%$50K$325K20xas long as short