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−0.0034%/8h= −3.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against MEXC+0.031%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.152% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days−0.025%−$3 · spread now +0.031%, 7d avg +0.025%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SILVER_USDT65.1000.0034pay 0.0017% / 4h8m 43s$125.9M$162.3M1000x
ShortBybit XAGUSDT65.1200get 0.0000% / 4h8m 43s$27.7M$39.1M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
−$7.14
Price spread: +0.031% → +0.025%
$0.61
Slippage, 4 orders
−$4.18
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$21.71
Costs to cover
0.152%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 5 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 MEXC live order book, 5 min ago0.77 bp0.8 bp −$10.8 bp −$80.8 bp −$772.8 bp −$1,418
Sell Bybit live order book, 5 min ago0.77 bp6.3 bp −$68.3 bp −$8317.4 bp −$1,74354.8 bp −$27.4K

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−0.0027%1h65.040−0.092%$5.7M$9.8M25xas long as short
dYdX XAG-USD0.0000%1h65.061−0.061%$12K$5K5xas long as short
Bybit XAGUSDTshort0.0000%4h65.120+0.031%$27.7M$39.1M150x
Variational Omni XAG0.0000%4h65.227+0.195%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.150+0.077%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.170+0.108%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.150+0.077%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.080−0.030%$118K250xas long as short
Hotstuff SILVER-PERP+0.0016%1h65.128+0.043%$35K$21K20xas long as short
Gate XAG_USDT+0.0028%4h65.140+0.061%$140.3M$181.5M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.111+0.016%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.063−0.057%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.997%$11K$94K52xas long as short
MEXC SILVER_USDTlong+0.0034%4h65.100long leg$125.9M$162.3M1000x
Binance XAGUSDT+0.0034%4h65.110+0.015%$191.3M$755.4M100xas long as short
StandX XAG-USD+0.0040%1h65.240+0.215%$785K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.118+0.028%$2.7M$981K100xas long as short
QFEX SILVER-USD+0.0044%1h65.150+0.077%$171K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.588+0.750%25xas long as short
Aevo XAG-PERP+0.0048%1h65.147+0.072%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.128+0.043%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.088−0.018%$3K$6K20xas long as short
edgeX XAGUSDC+0.0050%4h65.251+0.232%$664K$312K30xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.092−0.012%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.211+0.171%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0069%1h65.089−0.017%$173.0M$84.5M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.146+0.071%$490K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h64.970−0.200%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.058−0.064%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.090−0.015%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200+0.154%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.158+0.089%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0138%4h65.150+0.077%$2.7M$625K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.219+0.182%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0154%1h65.116+0.025%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0160%4h65.130+0.046%$23.2M$44.8M100xas long as short
OKX XAG-USDT-SWAP+0.0172%8h65.120+0.031%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.111+0.017%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0192%1h65.145+0.069%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0211%1h65.130+0.046%$65K$397K20xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.173+0.111%$20K$17K10xas long as short
Bullet SILVER-USD+0.0234%1h65.159+0.091%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.145+0.069%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0364%1h65.119+0.029%$1.0M$869K25xas long as short