Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.010%

Price spread now: edgeX against Aftermath Perps+0.037%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 edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.037% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.037% 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	Aftermath Perps XAGUSD	66.584	0.0186	pay 0.0023% / 1h	35m 02s	$80K	$39K	10x
Short	edgeX XAGUSDC	66.608	0.0100	get 0.0050% / 4h	3h 35m	$676K	$314K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$18.06
Price spread: +0.037% → 0.000%: $3.66
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$32.41
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; edgeX: live order book, 39 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 edgeX live order book, 39 min ago	1.50 bp	6.0 bp −$6	6.0 bp −$60	8.4 bp −$840	20.3 bp −$10.1K

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
Hotstuff SILVER-PERP	−0.0016%	1h	66.601	+0.025%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.544	−0.060%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.630	+0.069%	$26.1M	$35.3M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.620	+0.054%	$155.4M	$167.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.610	+0.039%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.630	+0.069%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.650	+0.099%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.530	−0.081%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.589	+0.007%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.540	−0.066%	$5.4M	$12.4M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.277%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.600	+0.024%	$801K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.036	+0.679%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.568	−0.024%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.571	−0.020%	$165.5M	$85.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.560	−0.036%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.540	−0.066%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.490	−0.141%	$5.7M	$9.7M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.580	−0.006%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.572	−0.018%	$567K	$21.5M	8.1x	as long as short
GRVT XAG_USDT_Perp	+0.0070%	4h	66.618	+0.051%	$392K	$1.5M	25x	as long as short
Variational Omni XAG	+0.0086%	4h	66.625	+0.061%	$5.6M	$9.9M	—	as long as short
Aster XAGUSDT	+0.0088%	4h	66.580	−0.006%	$2.8M	$1.1M	100x	as long as short
Paradex XAG-USD-PERP	+0.0090%	8h	66.608	+0.036%	$30K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0096%	4h	66.600	+0.024%	$108.3M	$160.1M	1000x	as long as short
Binance XAGUSDT	+0.0098%	4h	66.612	+0.042%	$192.9M	$722.6M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.550	−0.051%	$475K	$626K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.570	−0.021%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.550	−0.051%	$127K	$26K	50x	as long as short
edgeX XAGUSDCshort	+0.0100%	4h	66.608	+0.037%	$676K	$314K	30x
Lighter XAG	+0.0104%	1h	66.593	+0.013%	$5.4M	$10.5M	25x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.589	+0.007%	$48K	—	10x	as long as short
BloFin XAG-USDT	+0.0128%	4h	66.620	+0.054%	$2.6M	$699K	100x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.602	+0.027%	$1.3M	$4.3M	20x	as long as short
Nado XAG-PERP	+0.0160%	1h	66.539	−0.068%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0166%	4h	66.610	+0.039%	$24.5M	$48.1M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.580	−0.006%	$1.9M	$929K	20x	as long as short
Aftermath Perps XAGUSDlong	+0.0186%	1h	66.584	long leg	$80K	$39K	10x
OKX XAG-USDT-SWAP	+0.0188%	8h	66.620	+0.054%	$28.1M	$66.9M	50x	as long as short
Bullet SILVER-USD	+0.0211%	1h	66.603	+0.028%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0240%	1h	66.580	−0.006%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.605	+0.031%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0351%	1h	66.590	+0.009%	$50K	$335K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0488%	1h	66.570	−0.021%	$765K	$567K	25x	as long as short