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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.028%
Price spread now: StandX against Hotstuff+0.055%7-day average · 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 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 · StandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and StandX is 0.055% dearer against Hotstuff than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.0240.0024pay 0.0003% / 1h13m 49s$35K$21K20x
ShortStandX XAG-USD66.0600.0040get 0.0005% / 1h13m 49s$795K$3.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$3.36
Price spread: +0.055% → 0.000%
$5.45
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$4.19
Costs to cover
0.130%
Break-even
15.7 days
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, 5 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 StandX live order book, 5 min ago2.27 bp9.3 bp −$99.3 bp −$9333.0 bp −$3,300doesn'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 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
Ondo Perps XAG-USD.P−0.0057%1h65.960−0.097%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.054%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.070+0.070%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.085%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.060+0.055%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.993−0.046%$120K250xas long as short
Hotstuff SILVER-PERPlong+0.0024%1h66.024long leg$35K$21K20x
Lighter RH XAG+0.0032%1h66.049+0.038%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.996−0.042%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.569%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDT+0.0034%4h66.080+0.085%$149.9M$164.2M100xas long as short
StandX XAG-USDshort+0.0040%1h66.060+0.055%$795K$3.0M40x
Vest SI-PERP+0.0046%1h66.478+0.688%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.0240.000%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.994−0.045%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0054%1h66.030+0.009%$166.3M$74.0M25xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.041+0.026%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050+0.039%$114K$2.7M20xas long as short
Phoenix SILVER+0.0073%1h66.008−0.024%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.020−0.006%$557K$26.4M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.065+0.062%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h66.003−0.032%$470K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030+0.009%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.010−0.021%$113K$30K50xas long as short
Lighter XAG+0.0112%1h66.051+0.042%$5.2M$10.9M25xas long as short
Bybit XAGUSDT+0.0113%4h66.080+0.085%$27.8M$36.5M150xas long as short
Aster XAGUSDT+0.0121%4h66.066+0.063%$2.7M$866K100xas long as short
Variational Omni XAG+0.0165%4h66.053+0.045%$5.6M$9.5Mas long as short
BloFin XAG-USDT+0.0165%4h66.060+0.055%$2.6M$563K100xas long as short
Aevo XAG-PERP+0.0168%1h66.053+0.043%$47K10xas long as short
Nado XAG-PERP+0.0176%1h66.012−0.018%$1.4M$5.8M10xas long as short
MEXC SILVER_USDT+0.0176%4h66.050+0.039%$115.0M$152.7M1000xas long as short
Binance XAGUSDT+0.0177%4h66.069+0.068%$191.6M$702.0M100xas long as short
GRVT XAG_USDT_Perp+0.0178%4h66.079+0.084%$395K$1.5M25xas long as short
edgeX XAGUSDC+0.0186%4h66.058+0.052%$670K$312K30xas long as short
Aftermath Perps XAGUSD+0.0191%1h66.046+0.034%$80K$36K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h66.030+0.009%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0225%8h66.070+0.070%$27.7M$64.6M50xas long as short
Bitget XAGUSDT+0.0226%4h66.070+0.070%$24.0M$45.2M100xas long as short
Bullet SILVER-USD+0.0231%1h66.064+0.060%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.020−0.006%$20K$19K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.040+0.024%$75K$363K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.065+0.062%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.029+0.008%$911K$683K25xas long as short