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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: SoDEX against Injective+0.226%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.226% dearer against Injective than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h13m 10s$11K$94K52x
ShortSoDEX SILVER-USD66.5500.0050get 0.0006% / 1h13m 10s$4K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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
$3.5
Price spread: +0.226% → 0.000%
$22.59
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$18.07
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SoDEX: no order-book sample. 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 Injective no order-book sample
Sell SoDEX no order-book sample
Injective and SoDEX: 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
dYdX XAG-USD0.0000%1h66.560+0.241%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.640+0.361%$26.5M$34.7M150xas long as short
Gate XAG_USDT0.0000%4h66.620+0.331%$156.0M$174.9M100xas long as short
SunX XAG-USDT0.0000%4h66.630+0.346%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.660+0.392%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.620+0.331%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.556+0.234%$120K250xas long as short
Hotstuff SILVER-PERP+0.0008%1h66.596+0.295%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.599+0.300%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.557+0.236%$5.5M$12.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
Phoenix SILVER+0.0036%1h66.596+0.295%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.580+0.271%$797K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.065+1.002%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.594+0.292%$3.9M$699K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.550+0.226%$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.530+0.196%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.584+0.277%$581K$21.3M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.610+0.316%$125K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.572+0.259%$166.0M$87.0M25xas long as short
BloFin XAG-USDT+0.0089%4h66.600+0.301%$2.6M$652K100xas long as short
Pacifica XAG+0.0100%1h66.573+0.261%$481K$618K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.570+0.256%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.590+0.286%$127K$26K50xas long as short
Variational Omni XAG+0.0103%4h66.615+0.324%$5.6M$10.1Mas long as short
Paradex XAG-USD-PERP+0.0105%8h66.616+0.326%$30K$1K5xas long as short
Aster XAGUSDT+0.0113%4h66.611+0.318%$2.8M$1.1M100xas long as short
Lighter XAG+0.0120%1h66.603+0.305%$5.2M$10.4M25xas long as short
Aevo XAG-PERP+0.0120%1h66.612+0.319%$48K10xas long as short
MEXC SILVER_USDT+0.0122%4h66.610+0.316%$115.5M$153.4M1000xas long as short
Binance XAGUSDT+0.0122%4h66.618+0.329%$191.8M$723.4M100xas long as short
edgeX XAGUSDC+0.0130%4h66.608+0.313%$676K$316K30xas long as short
Bitget XAGUSDT+0.0156%4h66.630+0.346%$24.4M$48.2M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.610+0.316%$1.9M$851K20xas long as short
Aftermath Perps XAGUSD+0.0171%1h66.556+0.234%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0180%4h66.634+0.353%$401K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0198%8h66.620+0.331%$28.0M$66.8M50xas long as short
RISEx XAG/USDC+0.0208%1h66.634+0.353%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0250%1h66.629+0.345%$45K$75K10xas long as short
Nado XAG-PERP+0.0254%1h66.577+0.267%$1.3M$6.6M10xas long as short
Hibachi XAG/USDT-P+0.0280%1h66.571+0.258%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.625+0.339%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0351%1h66.600+0.301%$50K$351K20xas long as short
Kraken Futures PF_XAGUSD+0.0595%1h66.588+0.283%$764K$588K25xas long as short