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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against KuCoin+0.075%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days−0.025%−$3 · spread now +0.075%, 7d avg +0.056%
Together, before fees−0.095%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAGUSDTM66.3400.0100pay 0.0050% / 4h1h 22m$24.5M$4.5M75x
ShortMEXC SILVER_USDT66.3900.0196get 0.0098% / 4h1h 22m$105.9M$153.7M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$20.16
Price spread: +0.075% → +0.056%
$1.93
Slippage, 4 orders
−$6.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
$3.79
Costs to cover
0.183%
Break-even
5.7 days
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 1 min ago.

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, 6 min ago0.75 bp8.5 bp −$918.9 bp −$189doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.75 bp0.8 bp −$10.8 bp −$80.8 bp −$753.7 bp −$1,857

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%1h66.272−0.103%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.318−0.033%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.390+0.075%$150.3M$164.3M100xas long as short
SunX XAG-USDT0.0000%4h66.370+0.045%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.370+0.045%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.380+0.060%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.290−0.076%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.353+0.020%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.321−0.029%$5.3M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.090%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.3400.000%$798K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.784+0.669%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.307−0.050%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.295−0.068%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.220−0.181%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.330−0.015%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.314−0.039%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.048%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.356+0.024%$166.2M$73.5M25xas long as short
Pacifica XAG+0.0100%1h66.292−0.072%$472K$610K10xas long as short
KuCoin XAGUSDTMlong+0.0100%4h66.340long leg$24.5M$4.5M75x
ApeX Omni XAGUSDT+0.0100%1h66.320−0.030%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0133%8h66.335−0.008%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.350+0.015%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0154%4h66.400+0.090%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.357+0.025%$48K10xas long as short
BloFin XAG-USDT+0.0181%4h66.3400.000%$2.6M$553K100xas long as short
RISEx XAG/USDC+0.0181%1h66.343+0.005%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321−0.028%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.362+0.033%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.015%$1.9M$995K20xas long as short
Binance XAGUSDT+0.0196%4h66.385+0.069%$192.3M$705.0M100xas long as short
MEXC SILVER_USDTshort+0.0196%4h66.390+0.075%$105.9M$153.7M1000x
Nado XAG-PERP+0.0212%1h66.293−0.070%$1.3M$6.6M10xas long as short
edgeX XAGUSDC+0.0215%4h66.339−0.001%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.380+0.060%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0233%1h66.307−0.050%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.400+0.090%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347+0.011%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.320−0.030%$20K$19K10xas long as short
Bullet SILVER-USD+0.0279%1h66.362+0.034%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0352% / S −0.0374%1h66.365+0.038%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.360+0.030%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.322−0.027%$915K$671K25xas long as short