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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against KuCoin−0.037%47s7-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 5 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 −$3 a day on $10k at the current rate, and dYdX is 0.037% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAGUSDTM66.5000.0100pay 0.0050% / 4h2h 59m$24.6M$4.5M75x
ShortdYdX XAG-USD66.4750get 0.0000% / 1h59m 50s$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against KuCoin. 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
−$21
Price spread: −0.037% → 0.000%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$46.68
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago0.75 bp7.5 bp −$716.2 bp −$162doesn'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
dYdX XAG-USDshort0.0000%1h66.475−0.037%$15K5x
Bybit XAGUSDT0.0000%4h66.560+0.090%$25.5M$35.7M150xas long as short
Gate XAG_USDT0.0000%4h66.540+0.060%$154.8M$169.8M100xas long as short
SunX XAG-USDT0.0000%4h66.540+0.060%$2K$2.9M20xas long as short
HTX XAG-USDT0.0000%4h66.560+0.090%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.550+0.075%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.467−0.049%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.521+0.032%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.473−0.041%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.150%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.590+0.135%$801K$2.8M40xas long as short
Vest SI-PERP+0.0046%1h66.972+0.710%25xas long as short
Phoenix SILVER+0.0048%1h66.507+0.011%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.499−0.002%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.463−0.056%$3K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.440−0.090%$5.7M$9.5M25xas long as short
QFEX SILVER-USD+0.0051%1h66.530+0.045%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.492−0.012%$558K$22.0M8.1xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.494−0.009%$165.8M$85.0M25xas long as short
Hotstuff SILVER-PERP+0.0072%1h66.514+0.021%$35K$21K20xas long as short
Aster XAGUSDT+0.0097%4h66.510+0.015%$2.8M$1.0M100xas long as short
Pacifica XAG+0.0100%1h66.484−0.024%$474K$619K10xas long as short
KuCoin XAGUSDTMlong+0.0100%4h66.500long leg$24.6M$4.5M75x
ApeX Omni XAGUSDT+0.0100%1h66.530+0.045%$127K$24K50xas long as short
Variational Omni XAG+0.0108%4h66.543+0.065%$5.6M$9.8Mas long as short
Paradex XAG-USD-PERP+0.0112%8h66.542+0.063%$30K$1K5xas long as short
Aevo XAG-PERP+0.0120%1h66.519+0.029%$48K10xas long as short
MEXC SILVER_USDT+0.0122%4h66.540+0.060%$108.9M$161.4M1000xas long as short
BloFin XAG-USDT+0.0122%4h66.590+0.135%$2.6M$683K100xas long as short
Binance XAGUSDT+0.0123%4h66.540+0.060%$193.5M$718.2M100xas long as short
edgeX XAGUSDC+0.0123%4h66.552+0.078%$675K$315K30xas long as short
Lighter XAG+0.0128%1h66.526+0.038%$5.4M$10.6M25xas long as short
RISEx XAG/USDC+0.0148%1h66.540+0.060%$1.3M$4.2M20xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.490−0.015%$1.9M$965K20xas long as short
Nado XAG-PERP+0.0188%1h66.502+0.003%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0190%4h66.559+0.088%$402K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0195%8h66.570+0.105%$28.0M$66.9M50xas long as short
Bitget XAGUSDT+0.0196%4h66.550+0.075%$24.6M$47.5M100xas long as short
Aftermath Perps XAGUSD+0.0209%1h66.511+0.016%$80K$39K10xas long as short
Bullet SILVER-USD+0.0250%1h66.543+0.065%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0288%1h66.505+0.007%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.535+0.053%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.520+0.030%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.502+0.003%$763K$561K25xas long as short