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−0.0131%/8h= −14.4% APRnext payment $0.16 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX 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/USDC66.3430.0181pay 0.0023% / 1h22m 52s$1.3M$4.5M20x
ShortSoDEX SILVER-USD66.2950.0050get 0.0006% / 1h22m 52s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$27.61
Price spread: −0.073% → 0.000%
−$7.3
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$48.91
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 1 min ago; SoDEX: 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 ago0.55 bp3.6 bp −$44.7 bp −$47doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h66.272−0.108%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.318−0.038%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.410+0.100%$150.4M$164.3M100xas long as short
SunX XAG-USDT0.0000%4h66.370+0.040%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.370+0.040%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.380+0.055%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.290−0.081%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.379+0.054%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.321−0.034%$5.3M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.085%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.340−0.005%$798K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.784+0.664%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.307−0.055%$3.9M$672K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.295−0.073%$3K$6K20x
Ondo Perps XAG-USD.P+0.0050%1h66.220−0.186%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.330−0.020%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.314−0.044%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.053%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.357+0.020%$166.2M$73.5M25xas long as short
Pacifica XAG+0.0100%1h66.292−0.078%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.340−0.005%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.320−0.035%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0133%8h66.335−0.013%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.390+0.070%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0154%4h66.410+0.100%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.357+0.020%$48K10xas long as short
BloFin XAG-USDT+0.0181%4h66.340−0.005%$2.6M$553K100xas long as short
RISEx XAG/USDClong+0.0181%1h66.343long leg$1.3M$4.5M20x
Variational Omni XAG+0.0184%4h66.321−0.033%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.388+0.068%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.010%$1.9M$995K20xas long as short
Binance XAGUSDT+0.0196%4h66.399+0.084%$192.3M$705.0M100xas long as short
MEXC SILVER_USDT+0.0196%4h66.390+0.070%$105.9M$153.7M1000xas long as short
Nado XAG-PERP+0.0212%1h66.293−0.076%$1.3M$6.6M10xas long as short
edgeX XAGUSDC+0.0215%4h66.339−0.006%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.380+0.055%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0233%1h66.307−0.055%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.400+0.085%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347+0.006%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.320−0.035%$20K$19K10xas long as short
Bullet SILVER-USD+0.0279%1h66.362+0.028%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0352% / S −0.0374%1h66.365+0.032%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.360+0.025%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.322−0.032%$915K$671K25xas long as short