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−0.0134%/8h= −14.7% APRpaid last 24h −0.023%
Price spread now: Aster against Nado+0.123%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$180.179% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.057%−$6 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.123%, 7d avg +0.034%
Together, before fees−0.137%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.089% dearer against Nado than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of +0.034%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 4 days (−0.057% in total) that is about 5.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAG-PERP65.2720.0164pay 0.0021% / 1h50m 04s$1.2M$4.8M10x
ShortAster XAGUSDT65.3520.0030get 0.0015% / 4h50m 04s$2.7M$951K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Nado. 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
−$28.18
Price spread: +0.123% → +0.034%
$8.87
Slippage, 4 orders
−$2.94
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$37.25
Costs to cover
0.179%
Break-even
never at this rate
Slippage from Nado: live order book, 4 min ago; Aster: live order book, 3 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 Nado live order book, 4 min ago0.08 bp3.7 bp −$48.0 bp −$8032.2 bp −$3,220doesn't fit
Sell Aster live order book, 3 min ago0.77 bp4.8 bp −$57.0 bp −$7011.7 bp −$1,172doesn'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
Ondo Perps XAG-USD.P−0.0059%1h65.200−0.110%$5.6M$9.6M25xas long as short
dYdX XAG-USD0.0000%1h65.287+0.024%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.370+0.150%$27.8M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.320+0.074%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.360+0.135%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.360+0.135%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.261−0.016%$118K250xas long as short
Variational Omni XAG+0.0016%4h65.312+0.062%$5.5M$9.1Mas long as short
Hotstuff SILVER-PERP+0.0024%1h65.287+0.023%$35K$21K20xas long as short
Gate XAG_USDT+0.0030%4h65.380+0.166%$141.2M$176.8M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAGUSDTshort+0.0030%4h65.352+0.123%$2.7M$951K100x
Lighter RH XAG+0.0032%1h65.353+0.124%$4.6M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.267−0.007%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.728%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0040%4h65.350+0.120%$117.5M$156.1M1000xas long as short
StandX XAG-USD+0.0040%1h65.310+0.058%$786K$2.9M40xas long as short
Binance XAGUSDT+0.0041%4h65.366+0.144%$191.7M$761.6M100xas long as short
QFEX SILVER-USD+0.0044%1h65.310+0.058%$152K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.734+0.708%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.288+0.025%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.281+0.014%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.294+0.034%$29K$1K5xas long as short
Aevo XAG-PERP+0.0056%1h65.307+0.053%$47K10xas long as short
Phoenix SILVER+0.0061%1h65.287+0.023%$56K$31K25xas long as short
edgeX XAGUSDC+0.0065%4h65.334+0.095%$665K$313K30xas long as short
tradeXYZ xyz:SILVER+0.0077%1h65.326+0.083%$169.6M$81.5M25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.293+0.032%$477K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.360+0.135%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.266−0.009%$468K$621K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.300+0.043%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.280+0.012%$112K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.322+0.076%$1.2M$4.9M20xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.409+0.211%$384K$1.6M25xas long as short
Lighter XAG+0.0160%1h65.347+0.114%$5.3M$11.1M25xas long as short
Nado XAG-PERPlong+0.0164%1h65.272long leg$1.2M$4.8M10x
Bitget XAGUSDT+0.0166%4h65.370+0.150%$23.7M$45.5M100xas long as short
BloFin XAG-USDT+0.0166%4h65.330+0.089%$2.7M$582K100xas long as short
Hibachi XAG/USDT-P+0.0168%1h65.287+0.024%$20K$17K10xas long as short
OKX XAG-USDT-SWAP+0.0177%8h65.360+0.135%$28.1M$70.6M50xas long as short
Aftermath Perps XAGUSD+0.0209%1h65.303+0.047%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.320+0.074%$65K$387K20xas long as short
Bullet SILVER-USD+0.0225%1h65.326+0.083%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.325+0.081%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.294+0.034%$1.0M$872K25xas long as short