Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0227%/8h= +24.8% APRpaid last 24h +0.049%

Price spread now: Bullet against Aster−0.008%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Bullet

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 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: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.244	0.0038	pay 0.0019% / 4h	1h 27m	$2.8M	$1.0M	100x
Short	Bullet SILVER-USD	66.239	0.0265	get 0.0033% / 1h	27m 07s	$44K	$74K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Aster. 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 AsterbpFee BulletbpOrdersPrice spread, now −0.008%Rate

Funding earned: $47.65
Price spread: −0.008% → 0.000%: −$0.79
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: $30.86
Costs to cover: 0.160%
Break-even: 2.5 days

Slippage unknown: Aster: live order book, 1 min ago; Bullet: no order-book sample. 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 Aster live order book, 1 min ago	0.75 bp	4.8 bp −$5	6.8 bp −$68	16.5 bp −$1,650	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	66.207	−0.055%	$767K	$567K	25x	as long as short
Hotstuff SILVER-PERP	−0.0024%	1h	66.196	−0.072%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.175	−0.104%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.250	+0.009%	$25.6M	$33.3M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.246	+0.003%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.230	−0.021%	$146.3M	$172.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.240	−0.006%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.270	+0.039%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.250	+0.009%	$1.5M	$248K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.159	−0.128%	$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	66.230	−0.021%	$152K	$2.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.214	−0.045%	$4.7M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.157	−0.131%	$5.5M	$12.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.236%	$11K	$94K	52x	as long as short
Aster XAGUSDTlong	+0.0038%	4h	66.244	long leg	$2.8M	$1.0M	100x
StandX XAG-USD	+0.0040%	1h	66.180	−0.097%	$792K	$2.7M	40x	as long as short
Bitget XAGUSDT	+0.0044%	4h	66.250	+0.009%	$23.7M	$47.6M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.665	+0.636%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.194	−0.075%	$164.9M	$88.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.200	−0.066%	$3.9M	$694K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.160	−0.127%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.140	−0.157%	$5.6M	$9.9M	25x	as long as short
Variational Omni XAG	+0.0055%	4h	66.207	−0.056%	$5.5M	$10.5M	—	as long as short
Kalshi KXSILVERPERP	+0.0056%	24h	66.209	−0.053%	$583K	$21.3M	8.1x	as long as short
MEXC SILVER_USDT	+0.0072%	4h	66.230	−0.021%	$117.9M	$181.8M	1000x	as long as short
Phoenix SILVER	+0.0073%	1h	66.172	−0.109%	$56K	$26K	25x	as long as short
Binance XAGUSDT	+0.0075%	4h	66.239	−0.007%	$189.9M	$728.6M	100x	as long as short
Aevo XAG-PERP	+0.0080%	1h	66.237	−0.011%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0089%	4h	66.236	−0.012%	$672K	$316K	30x	as long as short
BloFin XAG-USDT	+0.0090%	4h	66.240	−0.006%	$2.5M	$847K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0092%	4h	66.268	+0.036%	$390K	$1.5M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.186	−0.088%	$474K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.210	−0.051%	$24.3M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.200	−0.066%	$113K	$26K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.190	−0.081%	$1.9M	$859K	20x	as long as short
Aftermath Perps XAGUSD	+0.0116%	1h	66.208	−0.055%	$80K	$40K	10x	as long as short
Paradex XAG-USD-PERP	+0.0118%	8h	66.220	−0.036%	$30K	$1K	5x	as long as short
Lighter XAG	+0.0128%	1h	66.219	−0.038%	$5.1M	$10.9M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0163%	8h	66.240	−0.006%	$27.3M	$66.3M	50x	as long as short
Nado XAG-PERP	+0.0215%	1h	66.170	−0.112%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USDshort	+0.0265%	1h	66.239	−0.008%	$44K	$74K	10x
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.235	−0.014%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0506%	1h	66.220	−0.036%	$51K	$359K	20x	as long as short