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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.024%
Price spread now: Coinbase International against Variational Omni−0.128%7-day average −0.026% · you buy dearer than you sell
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 4 days (all we have)+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.128%, 7d avg −0.026%
Together, before fees+0.224%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.101% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.026%). If the spread goes back, that is −$10 on $10k: about 3.6 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAG65.3740.0026pay 0.0013% / 4h1h 14m$5.5M$9.4M
ShortCoinbase International SILVER-PERP-INTX65.2900.0120get 0.0015% / 1h14m 54s$1.6M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
$19.79
Price spread: −0.128% → −0.026%
−$10.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$0.36
Costs to cover
0.100%
Break-even
7.1 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 4 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 Variational Omni RFQ quote, 4 min ago2.58 bpdoesn't fit2.6 bp −$26doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago0.77 bp7.2 bp −$79.1 bp −$91doesn't fitdoesn'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
Ondo Perps XAG-USD.P−0.0078%1h65.260−0.174%$5.6M$9.7M25xas long as short
Hibachi XAG/USDT-P−0.0048%1h65.320−0.082%$20K$19K10xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.335−0.059%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.306−0.104%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.430+0.086%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.390+0.025%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.400+0.040%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.410+0.056%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.318−0.085%$118K250xas long as short
Variational Omni XAGlong+0.0026%4h65.374long leg$5.5M$9.4M
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDT+0.0026%4h65.440+0.102%$141.2M$183.8M100xas long as short
Lighter RH XAG+0.0032%1h65.396+0.034%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.355−0.029%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.570%$11K$94K52xas long as short
Aster XAGUSDT+0.0036%4h65.420+0.071%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.370−0.005%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.795+0.645%25xas long as short
QFEX SILVER-USD+0.0050%1h65.380+0.010%$152K$2.8M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.352−0.033%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.330−0.067%$3K$6K20xas long as short
MEXC SILVER_USDT+0.0052%4h65.420+0.071%$116.7M$157.6M1000xas long as short
tradeXYZ xyz:SILVER+0.0052%1h65.394+0.031%$170.5M$83.6M25xas long as short
Binance XAGUSDT+0.0054%4h65.426+0.081%$191.5M$764.6M100xas long as short
Paradex XAG-USD-PERP+0.0054%8h65.359−0.023%$29K$1K5xas long as short
edgeX XAGUSDC+0.0056%4h65.371−0.004%$665K$314K30xas long as short
RISEx XAG/USDC+0.0061%1h65.386+0.019%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.319−0.083%$56K$31K25xas long as short
Aevo XAG-PERP+0.0064%1h65.379+0.008%$47K10xas long as short
Kalshi KXSILVERPERP+0.0078%24h65.350−0.036%$493K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.312−0.094%$469K$628K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.370−0.005%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.320−0.082%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0118%4h65.365−0.012%$391K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTXshort+0.0120%1h65.290−0.128%$1.6M$1.4M20x
Nado XAG-PERP+0.0137%1h65.333−0.062%$1.2M$5.1M10xas long as short
Lighter XAG+0.0152%1h65.402+0.044%$5.3M$11.6M25xas long as short
Bitget XAGUSDT+0.0172%4h65.420+0.071%$23.7M$46.4M100xas long as short
OKX XAG-USDT-SWAP+0.0182%8h65.430+0.086%$28.0M$71.1M50xas long as short
Bullet SILVER-USD+0.0189%1h65.409+0.054%$44K$76K10xas long as short
Aftermath Perps XAGUSD+0.0211%1h65.340−0.051%$79K$37K10xas long as short
BloFin XAG-USDT+0.0216%4h65.400+0.040%$2.6M$601K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0273% / S −0.0241%1h65.385+0.017%$93K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.390+0.025%$65K$381K20xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.356−0.027%$916K$746K25xas long as short