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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0166%/8h= −18.2% APRnext payment $0.21 per $10,000 · paid last 24h −0.042%
Price spread now: Hotstuff against RISEx−0.073%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.073% cheaper against RISEx than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAG/USDC65.4880.0206pay 0.0026% / 1h11m 24s$1.2M$4.9M20x
ShortHotstuff SILVER-PERP65.4400.0040get 0.0005% / 1h11m 24s$36K$23K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$34.9
Price spread: −0.073% → 0.000%
−$7.3
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$53.2
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 1 min ago; Hotstuff: 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, 1 min ago0.77 bp3.8 bp −$44.4 bp −$44doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP−0.0220%1h64.602−1.353%$11K$24052xas long as short
Ondo Perps XAG-USD.P−0.0006%1h65.350−0.210%$5.7M$10.5M25xas long as short
dYdX XAG-USD0.0000%1h65.390−0.149%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h65.460−0.042%$139.3M$200.5M100xas long as short
SunX XAG-USDT0.0000%4h65.440−0.073%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.510+0.034%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.510+0.034%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.390−0.150%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.469−0.029%$4.5M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.411−0.117%$5.1M$11.6M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERPshort+0.0040%1h65.440−0.073%$36K$23K20x
StandX XAG-USD+0.0040%1h65.350−0.210%$786K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.890+0.614%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.443−0.068%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.430−0.088%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.457−0.047%$29K$1665xas long as short
QFEX SILVER-USD+0.0062%1h65.450−0.058%$444K$1.4M20xas long as short
Coinbase International SILVER-PERP-INTX+0.0088%1h65.330−0.241%$1.6M$1.7M20xas long as short
Kalshi KXSILVERPERP+0.0097%24h65.459−0.044%$623K$37.5M8.1xas long as short
Variational Omni XAG+0.0100%4h65.381−0.163%$5.7M$9.2Mas long as short
Pacifica XAG+0.0100%1h65.411−0.117%$466K$574K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.440−0.073%$25.2M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.370−0.180%$112K$19K50xas long as short
Phoenix SILVER+0.0110%1h65.386−0.155%$55K$13K25xas long as short
tradeXYZ xyz:SILVER+0.0121%1h65.421−0.102%$174.3M$93.1M25xas long as short
Aevo XAG-PERP+0.0128%1h65.495+0.012%$47K10xas long as short
MEXC SILVER_USDT+0.0130%4h65.470−0.027%$120.3M$167.1M1000xas long as short
Binance XAGUSDT+0.0131%4h65.460−0.042%$193.0M$836.3M100xas long as short
Aster XAGUSDT+0.0136%4h65.471−0.026%$2.7M$1.1M100xas long as short
edgeX XAGUSDC+0.0140%4h65.373−0.175%$666K$315K30xas long as short
Nado XAG-PERP+0.0177%1h65.429−0.090%$1.2M$3.8M10xas long as short
GRVT XAG_USDT_Perp+0.0186%4h65.434−0.082%$395K$1.6M25xas long as short
Lighter XAG+0.0192%1h65.465−0.035%$5.1M$11.7M25xas long as short
Bybit XAGUSDT+0.0205%4h65.470−0.027%$30.5M$46.8M150xas long as short
RISEx XAG/USDClong+0.0206%1h65.488long leg$1.2M$4.9M20x
Deribit SILVER_USDC-PERPETUAL+0.0208%1h65.490+0.003%$77K$411K20xas long as short
Aftermath Perps XAGUSD+0.0212%1h65.377−0.169%$79K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0214%8h65.460−0.042%$28.0M$82.6M50xas long as short
Bitget XAGUSDT+0.0248%4h65.480−0.012%$23.1M$50.4M100xas long as short
Hibachi XAG/USDT-P+0.0256%1h65.360−0.195%$21K$12K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0264% / S −0.0231%1h65.455−0.050%$93K111xas long as short
Bullet SILVER-USD+0.0276%1h65.469−0.029%$44K$74K10xas long as short
BloFin XAG-USDT+0.0370%4h65.430−0.088%$2.7M$757K100xas long as short
Kraken Futures PF_XAGUSD+0.0774%1h65.462−0.039%$1.0M$937K25xas long as short