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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0365%/8h= −39.9% APRnext payment $0.46 per $10,000 · paid last 24h −0.099%
Price spread now: dYdX against Kraken Futures−0.087%7-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 6 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 against this trade now: funding costs −$11 a day on $10k at the current rate, and dYdX is 0.087% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XAGUSD65.0540.0365pay 0.0046% / 1h3m 28s$1.0M$869K25x
ShortdYdX XAG-USD64.9970get 0.0000% / 1h3m 28s$12K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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
−$76.56
Price spread: −0.087% → 0.000%
−$8.7
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$105.26
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; dYdX: 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 Kraken Futures live order book, 5 min ago2.64 bp9.5 bp −$1016.9 bp −$169doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.0021%1h64.970−0.128%$5.6M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.059+0.008%$35K$21K20xas long as short
dYdX XAG-USDshort0.0000%1h64.997−0.087%$12K$5K5x
Bybit XAGUSDT0.0000%4h65.120+0.102%$27.7M$39.0M150xas long as short
SunX XAG-USDT0.0000%4h65.080+0.041%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.100+0.071%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.090+0.056%$1.5M$281K100xas long as short
Variational Omni XAG+0.0003%4h65.056+0.004%$5.5M$9.1Mas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.031−0.035%$118K250xas long as short
Gate XAG_USDT+0.0030%4h65.080+0.041%$140.2M$182.1M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.062+0.013%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.004−0.076%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.070%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0036%4h65.100+0.071%$126.4M$162.9M1000xas long as short
edgeX XAGUSDC+0.0036%4h65.076+0.034%$662K$313K30xas long as short
Binance XAGUSDT+0.0039%4h65.104+0.078%$191.6M$756.6M100xas long as short
StandX XAG-USD+0.0040%1h65.080+0.041%$783K$3.0M40xas long as short
QFEX SILVER-USD+0.0044%1h65.090+0.056%$171K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.496+0.680%25xas long as short
Aster XAGUSDT+0.0047%4h65.070+0.025%$2.6M$982K100xas long as short
Aevo XAG-PERP+0.0048%1h65.060+0.010%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.069+0.024%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.006−0.073%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0054%8h65.062+0.014%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.054+0.001%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0075%1h65.068+0.022%$173.0M$84.7M25xas long as short
Kalshi KXSILVERPERP+0.0081%24h65.038−0.024%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030−0.036%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.020−0.052%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.050−0.005%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.070+0.025%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.104+0.078%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0141%4h65.090+0.056%$2.7M$625K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.099+0.070%$385K$1.6M25xas long as short
Nado XAG-PERP+0.0156%1h65.050−0.005%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0168%4h65.120+0.102%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0175%8h65.110+0.087%$28.2M$70.8M50xas long as short
Lighter XAG+0.0184%1h65.058+0.007%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0199%1h65.079+0.039%$78K$37K10xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.020−0.052%$20K$15K10xas long as short
Bullet SILVER-USD+0.0238%1h65.109+0.085%$44K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075+0.033%$92K111xas long as short
Kraken Futures PF_XAGUSDlong+0.0365%1h65.054long leg$1.0M$869K25x
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.060+0.010%$65K$399K20xas long as short