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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: Bullet against RISEx−0.041%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bullet is 0.041% cheaper against RISEx than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAG/USDC66.3900.0181pay 0.0023% / 1h24m 32s$1.3M$4.5M20x
ShortBullet SILVER-USD66.3630.0280get 0.0035% / 1h24m 32s$46K$75K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against RISEx. 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
$20.6
Price spread: −0.041% → 0.000%
−$4.09
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bullet: 4 bp × 2 orders
−$8
Net
$2.51
Costs to cover
0.140%
Break-even
6.1 days
Slippage unknown: RISEx: live order book, 4 min ago; Bullet: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 4 min ago0.75 bp3.8 bp −$44.7 bp −$47doesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h66.272−0.178%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.341−0.074%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.3900.000%$150.4M$164.3M100xas long as short
SunX XAG-USDT0.0000%4h66.350−0.061%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.3900.000%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.3900.000%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.296−0.143%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.356−0.052%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.311−0.119%$5.3M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.015%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.310−0.121%$798K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.793+0.607%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.331−0.089%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.296−0.142%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.260−0.196%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.370−0.030%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.311−0.119%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.124%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.340−0.076%$166.1M$73.4M25xas long as short
Pacifica XAG+0.0100%1h66.323−0.101%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.330−0.091%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.280−0.166%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.366−0.037%$30K$1K5xas long as short
Aster XAGUSDT+0.0136%4h66.378−0.018%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0154%4h66.410+0.030%$26.9M$36.1M150xas long as short
BloFin XAG-USDT+0.0175%4h66.340−0.076%$2.6M$553K100xas long as short
Aevo XAG-PERP+0.0176%1h66.359−0.047%$48K10xas long as short
RISEx XAG/USDClong+0.0181%1h66.390long leg$1.3M$4.5M20x
Variational Omni XAG+0.0184%4h66.321−0.104%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.367−0.035%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350−0.061%$1.9M$988K20xas long as short
MEXC SILVER_USDT+0.0196%4h66.370−0.030%$105.4M$153.6M1000xas long as short
Binance XAGUSDT+0.0196%4h66.391+0.001%$192.3M$705.1M100xas long as short
edgeX XAGUSDC+0.0204%4h66.323−0.101%$673K$313K30xas long as short
Nado XAG-PERP+0.0211%1h66.333−0.085%$1.3M$6.6M10xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.3900.000%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0234%1h66.277−0.171%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.380−0.015%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347−0.065%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.270−0.181%$20K$19K10xas long as short
Bullet SILVER-USDshort+0.0280%1h66.363−0.041%$46K$75K10x
GMX SILVER/USD [ETH-USDC]L +0.0351% / S −0.0372%1h66.365−0.038%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.350−0.061%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.333−0.086%$915K$671K25xas long as short