Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h +0.006%

Price spread now: RISEx against Aster+0.026%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$180.184% of the position

Long on Aster Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.046%+$5 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.026%, 7d avg −0.010%

Together, before fees+0.012%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.036% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.150	0.0143	pay 0.0071% / 4h	16m 14s	$2.7M	$878K	100x
Short	RISEx XAG/USDC	66.167	0.0137	get 0.0017% / 1h	16m 14s	$1.3M	$4.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$1.19
Price spread: +0.026% → −0.010%: $3.58
Slippage, 4 orders: −$4.4
Fee Aster: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$16.01
Costs to cover: 0.184%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; RISEx: 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, 2 min ago	0.76 bp	4.8 bp −$5	6.2 bp −$62	15.5 bp −$1,551	doesn't fit
Sell RISEx live order book, 3 min ago	1.44 bp	4.4 bp −$4	4.6 bp −$46	doesn't fit	doesn't fit

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	66.080	−0.106%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.190	+0.060%	$150.2M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.160	+0.015%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.160	+0.015%	$1.0M	$972K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.150	0.000%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.104	−0.069%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.111	−0.058%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.102	−0.073%	$5.2M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.378%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.137	−0.020%	$35K	$21K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.150	0.000%	$796K	$3.1M	40x	as long as short
Ondo Perps XAG-USD.P	+0.0042%	1h	66.040	−0.166%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.598	+0.677%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.137	−0.020%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.101	−0.074%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.150	0.000%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.143	−0.011%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0070%	24h	66.122	−0.042%	$546K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.109	−0.062%	$471K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.140	−0.015%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.030%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0124%	1h	66.140	−0.015%	$166.0M	$74.2M	25x	as long as short
RISEx XAG/USDCshort	+0.0137%	1h	66.167	+0.026%	$1.3M	$4.5M	20x
Paradex XAG-USD-PERP	+0.0140%	8h	66.163	+0.020%	$30K	$1K	5x	as long as short
Aster XAGUSDTlong	+0.0143%	4h	66.150	long leg	$2.7M	$878K	100x
Bybit XAGUSDT	+0.0162%	4h	66.190	+0.060%	$27.0M	$36.0M	150x	as long as short
Lighter XAG	+0.0176%	1h	66.129	−0.033%	$5.2M	$10.7M	25x	as long as short
Aevo XAG-PERP	+0.0192%	1h	66.164	+0.021%	$48K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.170	+0.030%	$1.8M	$1.0M	20x	as long as short
Variational Omni XAG	+0.0206%	4h	66.183	+0.050%	$5.6M	$9.6M	—	as long as short
Nado XAG-PERP	+0.0207%	1h	66.120	−0.046%	$1.4M	$6.4M	10x	as long as short
MEXC SILVER_USDT	+0.0210%	4h	66.170	+0.030%	$110.2M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0211%	4h	66.176	+0.039%	$192.6M	$700.2M	100x	as long as short
Aftermath Perps XAGUSD	+0.0219%	1h	66.144	−0.010%	$80K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0221%	4h	66.189	+0.059%	$672K	$312K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0231%	8h	66.180	+0.045%	$27.8M	$65.2M	50x	as long as short
BloFin XAG-USDT	+0.0256%	4h	66.150	0.000%	$2.6M	$554K	100x	as long as short
Bitget XAGUSDT	+0.0258%	4h	66.170	+0.030%	$23.9M	$45.3M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0276%	4h	66.193	+0.065%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0287%	1h	66.173	+0.035%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.150	0.000%	$62K	$349K	20x	as long as short
Hibachi XAG/USDT-P	+0.0368%	1h	66.104	−0.069%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.175	+0.038%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.135	−0.023%	$913K	$681K	25x	as long as short