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−0.0065%/8h= −7.1% APRnext payment $0.08 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against tradeXYZ−0.045%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$260.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.045%, 7d avg +0.007%
Together, before fees+0.049%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.052% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SILVER66.3230.0097pay 0.0012% / 1h21m 34s$166.1M$73.5M25x
ShortExtended XAG-USD66.2930.0032get 0.0004% / 1h21m 34s$5.3M$12.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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
−$13.65
Price spread: −0.045% → +0.007%
−$5.25
Slippage, 4 orders
−$3.05
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$44.94
Costs to cover
0.260%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Extended: live order book, 2 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 tradeXYZ live order book, 7 min ago0.53 bp10.0 bp −$1010.1 bp −$101doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.08 bp3.8 bp −$44.7 bp −$4712.6 bp −$1,265doesn't fit

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%1h66.268−0.083%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.324+0.002%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.370+0.071%$150.3M$164.4M100xas long as short
SunX XAG-USDT0.0000%4h66.340+0.026%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.380+0.086%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.350+0.041%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.270−0.079%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.346+0.034%$4.8M$9.5M25xas long as short
Extended XAG-USDshort+0.0032%1h66.293−0.045%$5.3M$12.1M10x
Injective XAG/USDC PERP+0.0033%1h66.400+0.116%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.290−0.050%$797K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.788+0.701%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.306−0.026%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.268−0.083%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.230−0.140%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0062%1h66.340+0.026%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0065%24h66.330+0.011%$537K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.304−0.029%$56K$26K25xas long as short
tradeXYZ xyz:SILVERlong+0.0097%1h66.323long leg$166.1M$73.5M25x
Pacifica XAG+0.0100%1h66.299−0.036%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.320−0.005%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.340+0.026%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0132%8h66.349+0.039%$30K$1K5xas long as short
Aster XAGUSDT+0.0134%4h66.350+0.041%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0147%4h66.370+0.071%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.343+0.030%$48K10xas long as short
BloFin XAG-USDT+0.0181%4h66.340+0.026%$2.6M$553K100xas long as short
RISEx XAG/USDC+0.0181%1h66.365+0.063%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321−0.002%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.353+0.046%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.041%$1.9M$995K20xas long as short
MEXC SILVER_USDT+0.0194%4h66.350+0.041%$106.0M$153.7M1000xas long as short
Binance XAGUSDT+0.0195%4h66.350+0.041%$192.2M$705.4M100xas long as short
Nado XAG-PERP+0.0214%1h66.308−0.023%$1.3M$6.6M10xas long as short
edgeX XAGUSDC+0.0215%4h66.339+0.024%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0216%8h66.360+0.056%$27.7M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0232%1h66.307−0.025%$80K$37K10xas long as short
Bitget XAGUSDT+0.0244%4h66.350+0.041%$23.8M$45.6M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.396+0.110%$402K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.300−0.035%$20K$19K10xas long as short
Bullet SILVER-USD+0.0278%1h66.354+0.047%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0352% / S −0.0374%1h66.345+0.033%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.320−0.005%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.322−0.002%$915K$671K25xas long as short