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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.040%
Price spread now: Coinbase International against StandX+0.031%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.031%, 7d avg −0.012%
Together, before fees+0.184%+ Points / potential airdropStandX: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.042% dearer against StandX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD65.3300.0040pay 0.0005% / 1h16m 43s$786K$3.0M40x
ShortCoinbase International SILVER-PERP-INTX65.3500.0088get 0.0011% / 1h16m 43s$1.6M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$10.08
Price spread: +0.031% → −0.012%
$4.22
Slippage, 4 orders
−$11.5
Fee StandX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$15.21
Costs to cover
0.295%
Break-even
17.6 days
Slippage from StandX: live order book, 5 min ago; Coinbase International: live order book, 5 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, 5 min ago2.30 bp8.6 bp −$911.1 bp −$11138.2 bp −$3,817doesn't fit
Sell Coinbase International live order book, 5 min ago2.30 bp7.3 bp −$79.0 bp −$90doesn't fitdoesn't fit

XAG on 44 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP−0.0220%1h64.602−1.114%$11K$24052xas long as short
Ondo Perps XAG-USD.P−0.0003%1h65.240−0.138%$5.7M$10.4M25xas long as short
dYdX XAG-USD0.0000%1h65.257−0.113%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h65.370+0.061%$139.3M$199.9M100xas long as short
SunX XAG-USDT0.0000%4h65.3300.000%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.320−0.015%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.340+0.015%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.267−0.097%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.340+0.016%$4.5M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.284−0.071%$5.1M$11.6M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USDlong+0.0040%1h65.330long leg$786K$3.0M40x
Vest SI-PERP+0.0046%1h65.746+0.637%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.286−0.067%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.250−0.122%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.327−0.004%$29K$1665xas long as short
QFEX SILVER-USD+0.0062%1h65.320−0.015%$443K$1.4M20xas long as short
Coinbase International SILVER-PERP-INTXshort+0.0088%1h65.350+0.031%$1.6M$1.7M20x
Variational Omni XAG+0.0094%4h65.332+0.002%$5.7M$9.2Mas long as short
Kalshi KXSILVERPERP+0.0096%24h65.340+0.015%$641K$37.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.278−0.080%$465K$574K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.310−0.031%$25.2M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.270−0.092%$111K$19K50xas long as short
Phoenix SILVER+0.0110%1h65.288−0.064%$55K$13K25xas long as short
Hotstuff SILVER-PERP+0.0112%1h65.324−0.009%$36K$23K20xas long as short
tradeXYZ xyz:SILVER+0.0123%1h65.310−0.031%$174.0M$93.0M25xas long as short
Aevo XAG-PERP+0.0128%1h65.323−0.011%$47K10xas long as short
MEXC SILVER_USDT+0.0130%4h65.340+0.015%$119.6M$166.7M1000xas long as short
Binance XAGUSDT+0.0130%4h65.350+0.031%$193.0M$835.0M100xas long as short
edgeX XAGUSDC+0.0134%4h65.334+0.005%$666K$315K30xas long as short
Aster XAGUSDT+0.0138%4h65.351+0.032%$2.7M$1.1M100xas long as short
Nado XAG-PERP+0.0182%1h65.274−0.086%$1.2M$3.9M10xas long as short
GRVT XAG_USDT_Perp+0.0188%4h65.320−0.015%$394K$1.6M25xas long as short
Lighter XAG+0.0192%1h65.338+0.012%$5.1M$11.7M25xas long as short
RISEx XAG/USDC+0.0206%1h65.357+0.042%$1.2M$4.9M20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0210%1h65.290−0.061%$77K$411K20xas long as short
OKX XAG-USDT-SWAP+0.0214%8h65.350+0.031%$27.9M$82.3M50xas long as short
Aftermath Perps XAGUSD+0.0220%1h65.306−0.037%$78K$37K10xas long as short
Bybit XAGUSDT+0.0222%4h65.370+0.061%$30.4M$46.8M150xas long as short
Bitget XAGUSDT+0.0246%4h65.360+0.046%$23.1M$50.3M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0262% / S −0.0228%1h65.355+0.038%$93K111xas long as short
Hibachi XAG/USDT-P+0.0272%1h65.275−0.085%$21K$12K10xas long as short
Bullet SILVER-USD+0.0276%1h65.333+0.005%$44K$74K10xas long as short
BloFin XAG-USDT+0.0370%4h65.310−0.031%$2.7M$753K100xas long as short
Kraken Futures PF_XAGUSD+0.0776%1h65.287−0.065%$1.0M$937K25xas long as short