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−0.0195%/8h= −21.4% APRpaid last 24h −0.054%
Price spread now: HTX against Nado+0.152%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as 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 3 days (all we have)−0.079%−$8 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.152%, 7d avg +0.089%
Together, before fees−0.075%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.063% dearer against Nado than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.089%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 3 days (−0.079% in total) that is about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAG-PERP66.0600.0195pay 0.0024% / 1h34m 15s$1.3M$6.5M10x
ShortHTX XAG-USDT66.1600get 0.0000% / 4h34m 15s$1.0M$978K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$40.97
Price spread: +0.152% → +0.089%
$6.31
Slippage, 4 orders
−$12.39
Fee Nado: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$66.04
Costs to cover
0.314%
Break-even
never at this rate
Slippage from Nado: live order book, 5 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 Nado live order book, 5 min ago0.08 bp4.2 bp −$48.3 bp −$8330.8 bp −$3,077doesn't fit
Sell HTX live order book, 4 min ago5.29 bp11.3 bp −$1111.3 bp −$11314.4 bp −$1,442doesn'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%1h66.022−0.056%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.140+0.122%$150.1M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.140+0.122%$2K$2.7M20xas long as short
HTX XAG-USDTshort0.0000%4h66.160+0.152%$1.0M$978K75x
Phemex XAGUSDT0.0000%4h66.130+0.107%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.056−0.005%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.108+0.073%$4.7M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.054−0.009%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.515%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.110+0.076%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.549+0.741%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.092+0.049%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.052−0.011%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.010−0.075%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.120+0.091%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.050−0.015%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.085+0.038%$518K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.068+0.013%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.080+0.031%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.070+0.016%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.074+0.022%$35K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.091+0.048%$165.5M$74.0M25xas long as short
RISEx XAG/USDC+0.0137%1h66.124+0.097%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.100+0.061%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0151%8h66.120+0.091%$30K$1K5xas long as short
Bybit XAGUSDT+0.0159%4h66.150+0.137%$27.0M$36.1M150xas long as short
Nado XAG-PERPlong+0.0195%1h66.060long leg$1.3M$6.5M10x
Lighter XAG+0.0200%1h66.119+0.090%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.117+0.087%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.107%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110+0.076%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123+0.097%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.120+0.091%$109.2M$152.5M1000xas long as short
Binance XAGUSDT+0.0216%4h66.133+0.111%$192.8M$700.9M100xas long as short
edgeX XAGUSDC+0.0220%4h66.135+0.114%$671K$311K30xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.091+0.047%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.130+0.107%$27.8M$65.5M50xas long as short
Bitget XAGUSDT+0.0260%4h66.120+0.091%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0286%4h66.160+0.152%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0309%1h66.129+0.105%$45K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.100+0.061%$62K$348K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0376% / S −0.0410%1h66.135+0.114%$103K111xas long as short
Hibachi XAG/USDT-P+0.0376%1h66.080+0.031%$20K$19K10xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.088+0.043%$912K$676K25xas long as short