Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h +0.010%

Price spread now: Bitget against Aftermath Perps+0.487%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.487% dearer against Aftermath Perps than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XAGUSD	64.994	0.0210	pay 0.0026% / 1h	16m 08s	$78K	$37K	10x
Short	Bitget XAGUSDT	65.310	0.0226	get 0.0113% / 4h	3h 16m	$23.1M	$48.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aftermath Perps. 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 Aftermath PerpsbpFee BitgetbpOrdersPrice spread, now +0.487%Rate

Funding earned: $3.35
Price spread: +0.487% → 0.000%: $48.66
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: $31.01
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; Bitget: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	0.77 bp	7.5 bp −$8	9.3 bp −$93	17.7 bp −$1,767	39.9 bp −$19.9K

Aftermath Perps: 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	65.213	+0.338%	$12K	$6K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.340	+0.533%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.320	+0.502%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.300	+0.471%	$1.5M	$262K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.174	+0.278%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0020%	4h	65.320	+0.502%	$138.2M	$189.5M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.298	+0.468%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.237	+0.374%	$5.0M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−0.603%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.190	+0.302%	$784K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	65.702	+1.090%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.290	+0.456%	$447K	$1.5M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.263	+0.414%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.234	+0.370%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.140	+0.225%	$5.7M	$10.1M	25x	as long as short
Variational Omni XAG	+0.0065%	4h	65.026	+0.049%	$5.4M	$9.2M	—	as long as short
Paradex XAG-USD-PERP	+0.0078%	8h	65.269	+0.424%	$29K	$166	5x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	65.280	+0.440%	$1.6M	$1.6M	20x	as long as short
Kalshi KXSILVERPERP	+0.0088%	24h	65.305	+0.479%	$491K	$35.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.236	+0.373%	$464K	$587K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.280	+0.440%	$25.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.920	−0.113%	$111K	$19K	50x	as long as short
edgeX XAGUSDC	+0.0103%	4h	65.057	+0.098%	$663K	$315K	30x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.311	+0.488%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0108%	4h	65.310	+0.487%	$113.3M	$161.0M	1000x	as long as short
Binance XAGUSDT	+0.0109%	4h	65.290	+0.456%	$197.7M	$805.0M	100x	as long as short
Phoenix SILVER	+0.0111%	1h	65.136	+0.219%	$56K	$31K	25x	as long as short
Aster XAGUSDT	+0.0127%	4h	65.280	+0.440%	$2.7M	$1.1M	100x	as long as short
Hotstuff SILVER-PERP	+0.0136%	1h	65.262	+0.413%	$35K	$21K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0137%	1h	65.252	+0.397%	$173.3M	$90.1M	25x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.240	+0.379%	$1.2M	$4.9M	20x	as long as short
Nado XAG-PERP	+0.0165%	1h	65.233	+0.369%	$1.2M	$4.2M	10x	as long as short
Aftermath Perps XAGUSDlong	+0.0210%	1h	64.994	long leg	$78K	$37K	10x
OKX XAG-USDT-SWAP	+0.0215%	8h	65.300	+0.471%	$29.0M	$77.0M	50x	as long as short
Bitget XAGUSDTshort	+0.0226%	4h	65.310	+0.487%	$23.1M	$48.2M	100x
Lighter XAG	+0.0232%	1h	65.294	+0.462%	$5.1M	$11.6M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.245	+0.387%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0313%	1h	65.332	+0.520%	$45K	$75K	10x	as long as short
BloFin XAG-USDT	+0.0348%	4h	65.200	+0.317%	$2.8M	$701K	100x	as long as short
Hibachi XAG/USDT-P	+0.0376%	1h	65.160	+0.256%	$20K	$12K	10x	as long as short
Bybit XAGUSDT	+0.0389%	4h	65.320	+0.502%	$30.7M	$44.1M	150x	as long as short
GRVT XAG_USDT_Perp	+0.0406%	4h	65.100	+0.163%	$388K	$1.6M	25x	as long as short
Kraken Futures PF_XAGUSD	+0.0417%	1h	65.317	+0.498%	$1.0M	$892K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0516%	1h	65.310	+0.487%	$77K	$436K	20x	as long as short