Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.016%

Price spread now: Aster against Aevo+0.019%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAG-PERP	66.207	0.0072	pay 0.0009% / 1h	30m 56s	$48K	—	10x
Short	Aster XAGUSDT	66.220	0.0030	get 0.0015% / 4h	1h 30m	$2.8M	$1.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee AsterbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$8.74
Price spread: +0.019% → 0.000%: $1.9
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$30.85
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	0.75 bp	5.1 bp −$5	6.9 bp −$69	12.3 bp −$1,229	doesn't fit

Aevo: 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 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_XAGUSD	−0.0272%	1h	66.178	−0.044%	$766K	$579K	25x	as long as short
Hotstuff SILVER-PERP	−0.0032%	1h	66.178	−0.044%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.121	−0.130%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.220	+0.019%	$25.5M	$33.6M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.211	+0.005%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.210	+0.004%	$146.4M	$172.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.220	+0.019%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.240	+0.049%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.210	+0.004%	$1.5M	$248K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.141	−0.101%	$120K	—	250x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SILVER-USD	+0.0016%	1h	66.200	−0.011%	$144K	$2.8M	20x	as long as short
Aster XAGUSDTshort	+0.0030%	4h	66.220	+0.019%	$2.8M	$1.0M	100x
Lighter RH XAG	+0.0032%	1h	66.190	−0.026%	$4.7M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.152	−0.084%	$5.5M	$13.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.291%	$11K	$94K	52x	as long as short
Bitget XAGUSDT	+0.0036%	4h	66.220	+0.019%	$23.7M	$47.8M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	66.150	−0.087%	$792K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.642	+0.656%	—	—	25x	as long as short
Variational Omni XAG	+0.0048%	4h	66.197	−0.015%	$5.5M	$10.5M	—	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.175	−0.049%	$164.9M	$88.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.181	−0.040%	$3.9M	$694K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.138	−0.105%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.120	−0.132%	$5.6M	$9.9M	25x	as long as short
Kalshi KXSILVERPERP	+0.0056%	24h	66.166	−0.063%	$592K	$21.6M	8.1x	as long as short
MEXC SILVER_USDT	+0.0066%	4h	66.220	+0.019%	$117.0M	$181.6M	1000x	as long as short
Binance XAGUSDT	+0.0068%	4h	66.230	+0.034%	$189.6M	$733.6M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0072%	4h	66.220	+0.019%	$389K	$1.5M	25x	as long as short
Aevo XAG-PERPlong	+0.0072%	1h	66.207	long leg	$48K	—	10x
Phoenix SILVER	+0.0073%	1h	66.131	−0.115%	$56K	$26K	25x	as long as short
edgeX XAGUSDC	+0.0079%	4h	66.198	−0.014%	$671K	$315K	30x	as long as short
BloFin XAG-USDT	+0.0085%	4h	66.210	+0.004%	$2.5M	$836K	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.155	−0.079%	$473K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.170	−0.057%	$24.3M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.117%	$113K	$26K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.200	−0.011%	$1.9M	$868K	20x	as long as short
Aftermath Perps XAGUSD	+0.0111%	1h	66.171	−0.055%	$80K	$40K	10x	as long as short
Paradex XAG-USD-PERP	+0.0114%	8h	66.191	−0.025%	$30K	$1K	5x	as long as short
Lighter XAG	+0.0128%	1h	66.196	−0.017%	$5.1M	$10.9M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0161%	8h	66.220	+0.019%	$27.3M	$66.4M	50x	as long as short
Nado XAG-PERP	+0.0212%	1h	66.150	−0.087%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0260%	1h	66.221	+0.020%	$44K	$74K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.215	+0.011%	$103K	—	29x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.190	−0.026%	$51K	$360K	20x	as long as short