Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.023%

Price spread now: dYdX against Aster−0.043%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 dYdX

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and dYdX is 0.043% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.170	0.0144	pay 0.0072% / 4h	21m 40s	$2.7M	$877K	100x
Short	dYdX XAG-USD	66.141	0	get 0.0000% / 1h	21m 40s	$15K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$30.23
Price spread: −0.043% → 0.000%: −$4.32
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$52.55
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; dYdX: 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, 2 min ago	0.75 bp	4.8 bp −$5	6.2 bp −$62	14.9 bp −$1,494	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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-USDshort	0.0000%	1h	66.141	−0.043%	$15K	—	5x
Gate XAG_USDT	0.0000%	4h	66.180	+0.016%	$150.2M	$163.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.190	+0.031%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.210	+0.061%	$1.0M	$971K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.190	+0.031%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.106	−0.097%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.168	−0.002%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.104	−0.099%	$5.2M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.348%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.180	+0.016%	$796K	$3.1M	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	66.612	+0.669%	—	—	25x	as long as short
Ondo Perps XAG-USD.P	+0.0046%	1h	66.040	−0.196%	$5.7M	$9.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.142	−0.042%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.107	−0.095%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.170	+0.001%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.141	−0.043%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0070%	24h	66.147	−0.034%	$545K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.116	−0.081%	$471K	$622K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.150	−0.030%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.060%	$113K	$30K	50x	as long as short
Hotstuff SILVER-PERP	+0.0104%	1h	66.165	−0.007%	$35K	$21K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0123%	1h	66.147	−0.034%	$166.0M	$74.1M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.181	+0.017%	$1.3M	$4.5M	20x	as long as short
Paradex XAG-USD-PERP	+0.0144%	8h	66.179	+0.014%	$30K	$1K	5x	as long as short
Aster XAGUSDTlong	+0.0144%	4h	66.170	long leg	$2.7M	$877K	100x
BloFin XAG-USDT	+0.0161%	4h	66.220	+0.076%	$2.6M	$555K	100x	as long as short
Bybit XAGUSDT	+0.0165%	4h	66.200	+0.046%	$27.0M	$36.2M	150x	as long as short
Lighter XAG	+0.0184%	1h	66.174	+0.006%	$5.2M	$10.7M	25x	as long as short
Aevo XAG-PERP	+0.0192%	1h	66.169	−0.001%	$48K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.170	+0.001%	$1.8M	$1.0M	20x	as long as short
Nado XAG-PERP	+0.0201%	1h	66.140	−0.044%	$1.3M	$6.4M	10x	as long as short
Variational Omni XAG	+0.0208%	4h	66.193	+0.035%	$5.6M	$9.7M	—	as long as short
MEXC SILVER_USDT	+0.0212%	4h	66.170	+0.001%	$110.1M	$152.7M	1000x	as long as short
Binance XAGUSDT	+0.0212%	4h	66.180	+0.016%	$192.5M	$701.3M	100x	as long as short
Aftermath Perps XAGUSD	+0.0219%	1h	66.154	−0.024%	$80K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0232%	8h	66.190	+0.031%	$27.7M	$65.2M	50x	as long as short
edgeX XAGUSDC	+0.0234%	4h	66.167	−0.004%	$671K	$311K	30x	as long as short
Bitget XAGUSDT	+0.0258%	4h	66.180	+0.016%	$23.8M	$45.3M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0280%	4h	66.200	+0.046%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0291%	1h	66.178	+0.012%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.160	−0.015%	$62K	$349K	20x	as long as short
Hibachi XAG/USDT-P	+0.0360%	1h	66.141	−0.044%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0382% / S −0.0422%	1h	66.185	+0.023%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.148	−0.032%	$913K	$678K	25x	as long as short