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+0.0412%/8h= +45.1% APRnext payment +$0.52 per $10,000 · paid last 24h +0.070%
Price spread now: Kraken Futures against SoDEX+0.081%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.081% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD66.3390.0050pay 0.0006% / 1h59m 19s$3K$6K20x
ShortKraken Futures PF_XAGUSD66.3920.0462get 0.0058% / 1h59m 19s$766K$562K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$86.56
Price spread: +0.081% → 0.000%
$8.05
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$76.61
Costs to cover
0.180%
Break-even
0.8 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 9 min ago. 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 Kraken Futures live order book, 9 min ago2.75 bp8.6 bp −$916.6 bp −$16652.0 bp −$5,197doesn't fit
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%1h66.475+0.206%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.430+0.137%$25.5M$35.8M150xas long as short
Gate XAG_USDT0.0000%4h66.420+0.122%$154.8M$159.2M100xas long as short
SunX XAG-USDT0.0000%4h66.410+0.107%$2K$2.9M20xas long as short
HTX XAG-USDT0.0000%4h66.460+0.182%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.430+0.137%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.355+0.024%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.477+0.207%$4.8M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h66.358+0.028%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.092%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.530+0.288%$801K$2.8M40xas long as short
Vest SI-PERP+0.0046%1h66.901+0.847%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.518+0.270%$35K$21K20xas long as short
Phoenix SILVER+0.0048%1h66.507+0.253%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.429+0.136%$3.9M$700K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h66.339long leg$3K$6K20x
Ondo Perps XAG-USD.P+0.0050%1h66.380+0.062%$5.7M$9.5M25xas long as short
QFEX SILVER-USD+0.0051%1h66.470+0.197%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.492+0.231%$558K$22.0M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.496+0.237%$1.2M$4.2M20xas long as short
Aster XAGUSDT+0.0097%4h66.455+0.175%$2.8M$1.0M100xas long as short
tradeXYZ xyz:SILVER+0.0098%1h66.389+0.075%$165.6M$85.0M25xas long as short
Pacifica XAG+0.0100%1h66.484+0.219%$474K$611K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.430+0.137%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.530+0.288%$127K$24K50xas long as short
Variational Omni XAG+0.0108%4h66.543+0.308%$5.6M$9.8Mas long as short
Paradex XAG-USD-PERP+0.0112%8h66.511+0.260%$30K$1K5xas long as short
Bullet SILVER-USD+0.0121%1h66.440+0.152%$45K$76K10xas long as short
MEXC SILVER_USDT+0.0122%4h66.440+0.152%$108.7M$155.7M1000xas long as short
BloFin XAG-USDT+0.0122%4h66.590+0.378%$2.6M$683K100xas long as short
edgeX XAGUSDC+0.0123%4h66.552+0.321%$675K$315K30xas long as short
Binance XAGUSDT+0.0124%4h66.410+0.107%$193.1M$719.2M100xas long as short
Lighter XAG+0.0128%1h66.483+0.217%$5.3M$10.3M25xas long as short
Aevo XAG-PERP+0.0128%1h66.395+0.084%$48K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.410+0.107%$1.9M$965K20xas long as short
Nado XAG-PERP+0.0188%1h66.409+0.105%$1.3M$6.5M10xas long as short
OKX XAG-USDT-SWAP+0.0193%8h66.430+0.137%$27.9M$66.6M50xas long as short
GRVT XAG_USDT_Perp+0.0194%4h66.551+0.319%$402K$1.5M25xas long as short
Bitget XAGUSDT+0.0196%4h66.410+0.107%$24.6M$46.5M100xas long as short
Aftermath Perps XAGUSD+0.0208%1h66.478+0.210%$80K$39K10xas long as short
Hibachi XAG/USDT-P+0.0288%1h66.505+0.250%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.415+0.115%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.380+0.062%$50K$331K20xas long as short
Kraken Futures PF_XAGUSDshort+0.0462%1h66.392+0.081%$766K$562K25x