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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%
Price spread now: Nado against RISEx−0.057%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$150.149% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.015%+$1 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.057%, 7d avg −0.023%
Together, before fees+0.069%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.035% cheaper against RISEx than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.023%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.015% in total) that is about 7.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAG/USDC65.9950.0080pay 0.0010% / 1h37m 22s$1.3M$4.9M20x
ShortNado XAG-PERP65.9570.0181get 0.0023% / 1h37m 22s$1.4M$5.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$21.21
Price spread: −0.057% → −0.023%
−$3.48
Slippage, 4 orders
−$1.91
Fee RISEx: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$2.82
Costs to cover
0.149%
Break-even
6.1 days
Slippage from RISEx: live order book, 2 min ago; Nado: live order book, 2 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 RISEx live order book, 2 min ago0.45 bp3.4 bp −$35.2 bp −$52doesn't fitdoesn't fit
Sell Nado live order book, 2 min ago0.08 bp4.4 bp −$49.7 bp −$9736.0 bp −$3,603doesn'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−0.0046%1h65.880−0.174%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.092%$14K5xas long as short
Gate XAG_USDT0.0000%4h66.040+0.069%$149.6M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.980−0.022%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.010+0.023%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.990−0.007%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.974−0.032%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.986−0.012%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.937−0.088%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.614%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.980−0.022%$794K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.433+0.664%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.963−0.048%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.974−0.031%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.920−0.113%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h65.994−0.001%$166.1M$73.5M25xas long as short
QFEX SILVER-USD+0.0060%1h66.000+0.008%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0073%24h65.942−0.080%$540K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.926−0.104%$56K$26K25xas long as short
RISEx XAG/USDClong+0.0080%1h65.995long leg$1.3M$4.9M20x
Pacifica XAG+0.0100%1h65.940−0.083%$469K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.970−0.037%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.930−0.098%$113K$30K50xas long as short
Bybit XAGUSDT+0.0107%4h66.040+0.069%$27.4M$36.4M150xas long as short
Lighter XAG+0.0112%1h65.984−0.017%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0113%8h65.986−0.012%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h66.009+0.021%$2.7M$871K100xas long as short
Nado XAG-PERPshort+0.0181%1h65.957−0.057%$1.4M$5.8M10x
Aevo XAG-PERP+0.0184%1h66.010+0.024%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963−0.047%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0200%4h66.010+0.023%$112.8M$152.2M1000xas long as short
GRVT XAG_USDT_Perp+0.0200%4h65.987−0.011%$394K$1.5M25xas long as short
Binance XAGUSDT+0.0200%4h66.030+0.054%$191.2M$702.4M100xas long as short
BloFin XAG-USDT+0.0204%4h66.000+0.008%$2.6M$556K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.960−0.052%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.068%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0213%1h65.952−0.064%$79K$36K10xas long as short
edgeX XAGUSDC+0.0213%4h65.976−0.027%$669K$311K30xas long as short
OKX XAG-USDT-SWAP+0.0232%8h66.020+0.039%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0234%1h66.030+0.054%$44K$76K10xas long as short
Bitget XAGUSDT+0.0240%4h66.030+0.054%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-P+0.0320%1h65.922−0.110%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.035+0.061%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.952−0.065%$910K$683K25xas long as short