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−0.0122%/8h= −13.4% APRnext payment $0.61 per $10,000 · paid last 24h −0.032%
Price spread now: HTX against MEXC+0.060%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.060%, 7d avg +0.077%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SILVER_USDT66.5200.0122pay 0.0061% / 4h3h 00m$108.9M$161.4M1000x
ShortHTX XAG-USDT66.5600get 0.0000% / 4h3h 00m$1.1M$1.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$25.62
Price spread: +0.060% → +0.077%
−$1.7
Slippage, 4 orders
−$19.39
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$58.71
Costs to cover
0.314%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago0.75 bp0.8 bp −$10.8 bp −$80.8 bp −$753.5 bp −$1,737
Sell HTX live order book, 4 min ago4.50 bp17.7 bp −$1823.6 bp −$23636.0 bp −$3,604doesn't fit

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%1h66.475−0.067%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.550+0.045%$25.5M$35.7M150xas long as short
Gate XAG_USDT0.0000%4h66.530+0.015%$154.7M$169.6M100xas long as short
SunX XAG-USDT0.0000%4h66.540+0.030%$2K$2.9M20xas long as short
HTX XAG-USDTshort0.0000%4h66.560+0.060%$1.1M$1.1M75x
Phemex XAGUSDT0.0000%4h66.550+0.045%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.467−0.079%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.521+0.002%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.464−0.083%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.180%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.590+0.105%$801K$2.8M40xas long as short
Vest SI-PERP+0.0046%1h66.972+0.679%25xas long as short
Phoenix SILVER+0.0048%1h66.507−0.020%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.499−0.032%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.463−0.086%$3K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.440−0.120%$5.7M$9.5M25xas long as short
QFEX SILVER-USD+0.0051%1h66.530+0.015%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.492−0.042%$558K$22.0M8.1xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.493−0.041%$165.9M$85.0M25xas long as short
Hotstuff SILVER-PERP+0.0072%1h66.514−0.009%$35K$21K20xas long as short
Aster XAGUSDT+0.0097%4h66.510−0.015%$2.8M$1.0M100xas long as short
Pacifica XAG+0.0100%1h66.484−0.054%$474K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.500−0.030%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.530+0.015%$127K$24K50xas long as short
Variational Omni XAG+0.0108%4h66.543+0.035%$5.6M$9.8Mas long as short
Paradex XAG-USD-PERP+0.0112%8h66.542+0.033%$30K$1K5xas long as short
Aevo XAG-PERP+0.0120%1h66.519−0.001%$48K10xas long as short
MEXC SILVER_USDTlong+0.0122%4h66.520long leg$108.9M$161.4M1000x
BloFin XAG-USDT+0.0122%4h66.590+0.105%$2.6M$683K100xas long as short
Binance XAGUSDT+0.0123%4h66.533+0.020%$193.5M$718.2M100xas long as short
edgeX XAGUSDC+0.0123%4h66.552+0.048%$675K$315K30xas long as short
Lighter XAG+0.0128%1h66.526+0.008%$5.4M$10.6M25xas long as short
RISEx XAG/USDC+0.0148%1h66.540+0.030%$1.3M$4.2M20xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.490−0.045%$1.9M$965K20xas long as short
Nado XAG-PERP+0.0188%1h66.502−0.027%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0190%4h66.559+0.058%$402K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0195%8h66.550+0.045%$28.0M$66.9M50xas long as short
Bitget XAGUSDT+0.0196%4h66.530+0.015%$24.6M$47.5M100xas long as short
Aftermath Perps XAGUSD+0.0209%1h66.511−0.014%$80K$39K10xas long as short
Bullet SILVER-USD+0.0250%1h66.543+0.035%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0288%1h66.505−0.023%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.535+0.023%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.5200.000%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.502−0.027%$763K$561K25xas long as short