Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.035%

Price spread now: HTX against Aevo+0.044%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 HTX

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 pays, funding is against you. HTX is 0.044% dearer against Aevo than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAG-PERP	65.651	0.0104	pay 0.0013% / 1h	27m 39s	$47K	—	10x
Short	HTX XAG-USDT	65.680	0	get 0.0000% / 4h	1h 27m	$1.1M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$21.84
Price spread: +0.044% → 0.000%: $4.45
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee HTX: 6 bp × 2 orders: −$12
Net: −$45.39
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell HTX live order book, 4 min ago	3.05 bp	13.5 bp −$14	13.6 bp −$136	15.2 bp −$1,522	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 44 exchanges

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
Hotstuff SILVER-PERP	−3.2000%	1h	65.632	−0.029%	$36K	$23K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.586	−0.099%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.670	+0.029%	$138.3M	$205.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.670	+0.029%	$2K	$2.4M	20x	as long as short
HTX XAG-USDTshort	0.0000%	4h	65.680	+0.044%	$1.1M	$1.3M	75x
Phemex XAGUSDT	0.0000%	4h	65.680	+0.044%	$1.5M	$255K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.603	−0.074%	$119K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0028%	1h	65.580	−0.108%	$5.6M	$11.1M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	65.634	−0.026%	$4.5M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.592	−0.089%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.598%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.670	+0.029%	$790K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.088	+0.666%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.630	−0.032%	$3.8M	$907K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.602	−0.074%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.650	−0.001%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.617	−0.052%	$29K	—	5x	as long as short
Variational Omni XAG	+0.0067%	4h	65.630	−0.032%	$5.7M	$9.1M	—	as long as short
tradeXYZ xyz:SILVER	+0.0072%	1h	65.617	−0.051%	$175.4M	$95.0M	25x	as long as short
Bybit XAGUSDT	+0.0080%	4h	65.660	+0.014%	$30.4M	$48.3M	150x	as long as short
Aster XAGUSDT	+0.0088%	4h	65.640	−0.016%	$2.7M	$1.2M	100x	as long as short
Binance XAGUSDT	+0.0091%	4h	65.647	−0.006%	$191.5M	$865.5M	100x	as long as short
MEXC SILVER_USDT	+0.0092%	4h	65.630	−0.032%	$118.5M	$164.6M	1000x	as long as short
Pacifica XAG	+0.0100%	1h	65.587	−0.097%	$464K	$559K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.610	−0.062%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.580	−0.108%	$112K	$19K	50x	as long as short
Kalshi KXSILVERPERP	+0.0102%	24h	65.667	+0.025%	$797K	$39.0M	8.1x	as long as short
Aevo XAG-PERPlong	+0.0104%	1h	65.651	long leg	$47K	—	10x
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.620	−0.047%	$1.6M	$1.9M	20x	as long as short
edgeX XAGUSDC	+0.0107%	4h	65.625	−0.039%	$669K	$315K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0108%	4h	65.649	−0.002%	$386K	$1.6M	25x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.664	+0.020%	$1.3M	$5.2M	20x	as long as short
Phoenix SILVER	+0.0122%	1h	65.611	−0.061%	$55K	$14K	25x	as long as short
Lighter XAG	+0.0136%	1h	65.642	−0.013%	$5.1M	$11.7M	25x	as long as short
Nado XAG-PERP	+0.0137%	1h	65.622	−0.044%	$1.2M	$3.5M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0197%	8h	65.640	−0.016%	$28.1M	$85.8M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.640	−0.016%	$77K	$414K	20x	as long as short
Bullet SILVER-USD	+0.0216%	1h	65.674	+0.035%	$45K	$73K	10x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	65.633	−0.027%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0228%	4h	65.660	+0.014%	$23.2M	$53.0M	100x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.617	−0.052%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0274% / S −0.0243%	1h	65.685	+0.052%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0333%	4h	65.670	+0.029%	$2.7M	$764K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.643	−0.012%	$1.0M	$952K	25x	as long as short