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+0.0141%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.046%
Price spread now: RISEx against Hotstuff−0.009%57s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.2730.0040pay 0.0005% / 1h50m 38s$35K$21K20x
ShortRISEx XAG/USDC66.2670.0181get 0.0023% / 1h50m 38s$1.2M$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Hotstuff. 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
$29.71
Price spread: −0.009% → 0.000%
−$0.88
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$17.83
Costs to cover
0.110%
Break-even
2.8 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: live order book, 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 Hotstuff no order-book sample
Sell RISEx live order book, 3 min ago0.63 bp3.6 bp −$45.1 bp −$51doesn't fitdoesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h66.178−0.143%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.270−0.005%$151.7M$161.7M100xas long as short
SunX XAG-USDT0.0000%4h66.220−0.080%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.280+0.011%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.290+0.026%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.180−0.140%$121K250xas long as short
Ondo Perps XAG-USD.P+0.0017%1h66.160−0.171%$5.7M$9.7M25xas long as short
Lighter RH XAG+0.0032%1h66.246−0.041%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.198−0.114%$5.3M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.192%$11K$94K52xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERPlong+0.0040%1h66.273long leg$35K$21K20x
StandX XAG-USD+0.0040%1h66.390+0.177%$799K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.691+0.631%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.196−0.116%$3.9M$673K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.188−0.128%$3K$6K20xas long as short
QFEX SILVER-USD+0.0062%1h66.250−0.035%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0063%24h66.249−0.036%$547K$24.5M8.1xas long as short
Phoenix SILVER+0.0084%1h66.303+0.045%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0095%1h66.228−0.068%$165.8M$74.7M25xas long as short
Pacifica XAG+0.0100%1h66.206−0.101%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.230−0.065%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.330+0.086%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0137%8h66.255−0.026%$30K$1K5xas long as short
Aster XAGUSDT+0.0138%4h66.240−0.050%$2.7M$917K100xas long as short
Bybit XAGUSDT+0.0141%4h66.280+0.011%$26.7M$36.2M150xas long as short
Aevo XAG-PERP+0.0176%1h66.244−0.044%$48K10xas long as short
Lighter XAG+0.0176%1h66.255−0.027%$5.3M$10.4M25xas long as short
Variational Omni XAG+0.0176%4h66.242−0.047%$5.5M$9.7Mas long as short
RISEx XAG/USDCshort+0.0181%1h66.267−0.009%$1.2M$4.4M20x
Binance XAGUSDT+0.0191%4h66.264−0.014%$191.9M$706.0M100xas long as short
MEXC SILVER_USDT+0.0192%4h66.250−0.035%$110.5M$151.7M1000xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.116%$1.9M$972K20xas long as short
edgeX XAGUSDC+0.0201%4h66.366+0.140%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.270−0.005%$27.8M$65.6M50xas long as short
Aftermath Perps XAGUSD+0.0233%1h66.281+0.012%$80K$38K10xas long as short
Hibachi XAG/USDT-P+0.0240%1h66.320+0.071%$20K$22K10xas long as short
Nado XAG-PERP+0.0242%1h66.198−0.112%$1.3M$6.6M10xas long as short
Bitget XAGUSDT+0.0254%4h66.270−0.005%$23.9M$46.1M100xas long as short
Bullet SILVER-USD+0.0267%1h66.250−0.035%$46K$75K10xas long as short
GRVT XAG_USDT_Perp+0.0282%4h66.380+0.161%$393K$1.5M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0330% / S −0.0341%1h66.255−0.027%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.240−0.050%$50K$326K20xas long as short
Kraken Futures PF_XAGUSD+0.0550%1h66.198−0.114%$763K$475K25xas long as short