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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.22 per $10,000 · paid last 24h −0.032%
Price spread now: Hotstuff against SoDEX+0.030%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hotstuff is 0.030% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD66.3480.0050pay 0.0006% / 1h35m 59s$3K$6K20x
ShortHotstuff SILVER-PERP66.3680.0224get 0.0028% / 1h35m 59s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against SoDEX. 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
$36.54
Price spread: +0.030% → 0.000%
$3.01
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$26.55
Costs to cover
0.130%
Break-even
1.9 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Hotstuff no order-book sample
SoDEX and 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 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%1h66.294−0.081%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.440+0.139%$153.5M$162.4M100xas long as short
SunX XAG-USDT0.0000%4h66.430+0.124%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.450+0.154%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.440+0.139%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.350+0.002%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.400+0.078%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.362+0.022%$5.4M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.078%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.420+0.109%$799K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.845+0.749%25xas long as short
Phoenix SILVER+0.0048%1h66.413+0.098%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.384+0.054%$3.9M$669K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h66.348long leg$3K$6K20x
Ondo Perps XAG-USD.P+0.0050%1h66.280−0.102%$5.7M$9.5M25xas long as short
QFEX SILVER-USD+0.0054%1h66.400+0.078%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.357+0.014%$563K$23.2M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.403+0.083%$1.2M$4.3M20xas long as short
Bybit XAGUSDT+0.0088%4h66.480+0.199%$26.4M$35.9M150xas long as short
tradeXYZ xyz:SILVER+0.0094%1h66.387+0.059%$165.7M$76.0M25xas long as short
Pacifica XAG+0.0100%1h66.342−0.009%$472K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.390+0.063%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.470+0.184%$126K$23K50xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.335%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0114%4h66.430+0.123%$2.8M$962K100xas long as short
Paradex XAG-USD-PERP+0.0123%8h66.374+0.040%$30K$1K5xas long as short
Variational Omni XAG+0.0140%4h66.405+0.085%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0144%1h66.416+0.103%$48K10xas long as short
MEXC SILVER_USDT+0.0152%4h66.440+0.139%$102.4M$158.1M1000xas long as short
Binance XAGUSDT+0.0154%4h66.454+0.160%$192.8M$708.2M100xas long as short
edgeX XAGUSDC+0.0166%4h66.514+0.250%$675K$314K30xas long as short
Lighter XAG+0.0168%1h66.412+0.097%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520+0.259%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0198%8h66.450+0.154%$28.0M$66.0M50xas long as short
Aftermath Perps XAGUSD+0.0219%1h66.408+0.090%$80K$38K10xas long as short
Hotstuff SILVER-PERPshort+0.0224%1h66.368+0.030%$35K$21K20x
Bitget XAGUSDT+0.0226%4h66.430+0.124%$24.0M$46.1M100xas long as short
Nado XAG-PERP+0.0229%1h66.323−0.038%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0242%4h66.526+0.268%$391K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.302−0.070%$20K$22K10xas long as short
Bullet SILVER-USD+0.0280%1h66.416+0.102%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.425+0.116%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.400+0.078%$50K$325K20xas long as short
Kraken Futures PF_XAGUSD+0.0462%1h66.375+0.041%$765K$475K25xas long as short