Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.031%

Price spread now: Gate against Aevo+0.016%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 Gate

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—needs 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: −$6 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	66.169	0.0192	pay 0.0024% / 1h	43m 40s	$48K	—	10x
Short	Gate XAG_USDT	66.180	0	get 0.0000% / 4h	43m 40s	$150.2M	$163.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$40.32
Price spread: +0.016% → 0.000%: $1.62
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$69.7
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago	0.76 bp	8.4 bp −$8	9.6 bp −$96	13.0 bp −$1,298	16.5 bp −$8,264

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 44 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
dYdX XAG-USD	0.0000%	1h	66.085	−0.127%	$15K	—	5x	as long as short
Gate XAG_USDTshort	0.0000%	4h	66.180	+0.016%	$150.2M	$163.1M	100x
SunX XAG-USDT	0.0000%	4h	66.180	+0.016%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.220	+0.077%	$1.0M	$978K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.200	+0.046%	$1.5M	$316K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.102	−0.102%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.159	−0.015%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.097	−0.109%	$5.2M	$11.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.349%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.139	−0.046%	$35K	$21K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.150	−0.029%	$796K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.592	+0.639%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.136	−0.050%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.103	−0.100%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.060	−0.165%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.150	−0.029%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.069	−0.152%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0067%	24h	66.127	−0.064%	$523K	$25.3M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.120	−0.074%	$470K	$616K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.150	−0.029%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	−0.165%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0130%	1h	66.135	−0.052%	$165.5M	$73.9M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.175	+0.009%	$1.3M	$4.5M	20x	as long as short
Aster XAGUSDT	+0.0140%	4h	66.170	+0.001%	$2.7M	$877K	100x	as long as short
Paradex XAG-USD-PERP	+0.0146%	8h	66.160	−0.015%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0146%	4h	66.190	+0.031%	$26.7M	$36.0M	150x	as long as short
Nado XAG-PERP	+0.0188%	1h	66.107	−0.094%	$1.3M	$6.5M	10x	as long as short
Lighter XAG	+0.0192%	1h	66.157	−0.018%	$5.2M	$10.5M	25x	as long as short
Aevo XAG-PERPlong	+0.0192%	1h	66.169	long leg	$48K	—	10x
Variational Omni XAG	+0.0196%	4h	66.123	−0.070%	$5.6M	$9.7M	—	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.130	−0.059%	$1.8M	$1.0M	20x	as long as short
MEXC SILVER_USDT	+0.0208%	4h	66.160	−0.014%	$108.9M	$152.4M	1000x	as long as short
Binance XAGUSDT	+0.0211%	4h	66.177	+0.012%	$192.9M	$702.6M	100x	as long as short
edgeX XAGUSDC	+0.0212%	4h	66.102	−0.102%	$671K	$315K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0226%	8h	66.190	+0.031%	$27.8M	$65.6M	50x	as long as short
Aftermath Perps XAGUSD	+0.0231%	1h	66.094	−0.114%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0249%	4h	66.140	−0.044%	$2.6M	$554K	100x	as long as short
Bitget XAGUSDT	+0.0252%	4h	66.180	+0.016%	$23.9M	$45.7M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0272%	4h	66.100	−0.105%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0311%	1h	66.181	+0.018%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	66.089	−0.122%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.160	−0.014%	$62K	$348K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0371% / S −0.0403%	1h	66.185	+0.024%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.147	−0.034%	$913K	$677K	25x	as long as short