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+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.018%
Price spread now: ApeX Omni against StandX+0.151%61s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.131%+$13 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.151%, 7d avg +0.011%
Together, before fees+0.190%+ Points / potential airdropStandX: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.140% dearer against StandX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD66.2300.0040pay 0.0005% / 1h50m 31s$797K$2.9M40x
ShortApeX Omni XAGUSDT66.3300.0100get 0.0013% / 1h50m 31s$113K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against StandX. 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
$12.6
Price spread: +0.151% → +0.011%
$13.96
Slippage, 4 orders
−$34.96
Fee StandX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$26.4
Costs to cover
0.530%
Break-even
21.7 days
Slippage from StandX: live order book, 3 min ago; ApeX Omni: live order book, 10 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 StandX live order book, 3 min ago3.01 bp8.5 bp −$910.1 bp −$10138.0 bp −$3,799doesn't fit
Sell ApeX Omni live order book, 10 min ago10.56 bp17.3 bp −$1752.4 bp −$524doesn't fitdoesn't fit

XAG on 43 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%1h66.178−0.078%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.270+0.060%$151.7M$161.7M100xas long as short
SunX XAG-USDT0.0000%4h66.220−0.015%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.280+0.075%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.290+0.091%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.180−0.075%$121K250xas long as short
Ondo Perps XAG-USD.P+0.0017%1h66.160−0.106%$5.7M$9.7M25xas long as short
Hotstuff SILVER-PERP+0.0024%1h66.228−0.003%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.246+0.024%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.198−0.049%$5.3M$12.1M10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400+0.257%$11K$94K52xas long as short
StandX XAG-USDlong+0.0040%1h66.230long leg$797K$2.9M40x
Vest SI-PERP+0.0046%1h66.693+0.699%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.218−0.018%$3.9M$673K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.188−0.063%$3K$6K20xas long as short
QFEX SILVER-USD+0.0062%1h66.250+0.030%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0063%24h66.249+0.029%$547K$24.5M8.1xas long as short
Phoenix SILVER+0.0084%1h66.303+0.110%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0093%1h66.215−0.023%$165.8M$74.7M25xas long as short
Pacifica XAG+0.0100%1h66.206−0.036%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.2300.000%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDTshort+0.0100%1h66.330+0.151%$113K$30K50x
Paradex XAG-USD-PERP+0.0137%8h66.255+0.038%$30K$1K5xas long as short
Aster XAGUSDT+0.0138%4h66.240+0.015%$2.7M$917K100xas long as short
Bybit XAGUSDT+0.0141%4h66.270+0.060%$26.7M$36.2M150xas long as short
Aevo XAG-PERP+0.0176%1h66.244+0.021%$48K10xas long as short
Lighter XAG+0.0176%1h66.255+0.037%$5.3M$10.4M25xas long as short
Variational Omni XAG+0.0176%4h66.242+0.018%$5.5M$9.7Mas long as short
RISEx XAG/USDC+0.0181%1h66.267+0.056%$1.2M$4.4M20xas long as short
Binance XAGUSDT+0.0191%4h66.255+0.038%$191.9M$705.9M100xas long as short
MEXC SILVER_USDT+0.0192%4h66.240+0.015%$110.5M$151.8M1000xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.181%$1.9M$972K20xas long as short
edgeX XAGUSDC+0.0201%4h66.366+0.206%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.260+0.045%$27.8M$65.6M50xas long as short
Aftermath Perps XAGUSD+0.0233%1h66.281+0.077%$80K$38K10xas long as short
Nado XAG-PERP+0.0238%1h66.215−0.023%$1.3M$6.6M10xas long as short
Hibachi XAG/USDT-P+0.0248%1h66.199−0.047%$20K$22K10xas long as short
Bitget XAGUSDT+0.0254%4h66.260+0.045%$23.9M$46.1M100xas long as short
Bullet SILVER-USD+0.0266%1h66.264+0.051%$46K$75K10xas long as short
GRVT XAG_USDT_Perp+0.0282%4h66.380+0.226%$393K$1.5M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0330% / S −0.0341%1h66.255+0.038%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.240+0.015%$50K$326K20xas long as short
Kraken Futures PF_XAGUSD+0.0550%1h66.198−0.049%$763K$475K25xas long as short