Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.023%

Price spread now: OKX against Aster+0.070%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$230.232% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.070%, 7d avg −0.003%

Together, before fees−0.041%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.073% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.603	0.0087	pay 0.0043% / 4h	3h 35m	$2.8M	$1.1M	100x
Short	OKX XAG-USDT-SWAP	66.650	0.0188	get 0.0188% / 8h	7h 35m	$28.2M	$66.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.070%Rate

Funding earned: $21.23
Price spread: +0.070% → −0.003%: $7.32
Slippage, 4 orders: −$5.2
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $5.35
Costs to cover: 0.232%
Break-even: 5.2 days

Slippage from Aster: live order book, 3 min ago; OKX: live order book, 3 min ago.

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, 3 min ago	1.50 bp	5.5 bp −$6	6.9 bp −$69	15.5 bp −$1,552	doesn't fit
Sell OKX live order book, 3 min ago	0.75 bp	5.8 bp −$6	6.6 bp −$66	12.5 bp −$1,253	108.5 bp −$54.2K

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	66.544	−0.088%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.670	+0.101%	$26.1M	$35.3M	150x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.563	−0.060%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.660	+0.086%	$155.2M	$167.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.630	+0.040%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.660	+0.086%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.660	+0.086%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.566	−0.056%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.614	+0.016%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.579	−0.035%	$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	−0.305%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.600	−0.005%	$801K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.055	+0.679%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.568	−0.053%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.611	+0.012%	$165.6M	$85.4M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.598	−0.008%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.571	−0.048%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.510	−0.140%	$5.7M	$9.7M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.600	−0.005%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.571	−0.048%	$567K	$21.5M	8.1x	as long as short
GRVT XAG_USDT_Perp	+0.0070%	4h	66.618	+0.023%	$392K	$1.5M	25x	as long as short
Variational Omni XAG	+0.0086%	4h	66.625	+0.032%	$5.6M	$9.9M	—	as long as short
Aster XAGUSDTlong	+0.0087%	4h	66.603	long leg	$2.8M	$1.1M	100x
Paradex XAG-USD-PERP	+0.0089%	8h	66.612	+0.014%	$30K	$1K	5x	as long as short
Lighter XAG	+0.0096%	1h	66.617	+0.021%	$5.4M	$10.5M	25x	as long as short
MEXC SILVER_USDT	+0.0096%	4h	66.650	+0.070%	$108.0M	$160.0M	1000x	as long as short
Binance XAGUSDT	+0.0098%	4h	66.655	+0.078%	$192.4M	$723.3M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.565	−0.057%	$475K	$626K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.610	+0.010%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.560	−0.065%	$127K	$26K	50x	as long as short
edgeX XAGUSDC	+0.0100%	4h	66.608	+0.008%	$676K	$314K	30x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.618	+0.023%	$48K	—	10x	as long as short
BloFin XAG-USDT	+0.0110%	4h	66.630	+0.040%	$2.6M	$704K	100x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.626	+0.035%	$1.3M	$4.3M	20x	as long as short
Nado XAG-PERP	+0.0159%	1h	66.569	−0.050%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0164%	4h	66.660	+0.086%	$24.6M	$48.1M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.580	−0.035%	$1.9M	$929K	20x	as long as short
OKX XAG-USDT-SWAPshort	+0.0188%	8h	66.650	+0.070%	$28.2M	$66.9M	50x
Aftermath Perps XAGUSD	+0.0188%	1h	66.596	−0.011%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0208%	1h	66.636	+0.049%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0240%	1h	66.563	−0.060%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.635	+0.048%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0351%	1h	66.630	+0.040%	$50K	$335K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0488%	1h	66.600	−0.004%	$766K	$567K	25x	as long as short