Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h −0.012%

Price spread now: SoDEX against Aster−0.052%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 SoDEX

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

Funding pays, the price is against you. SoDEX is 0.052% cheaper against Aster than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 12 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	65.150	0.0036	pay 0.0018% / 4h	17m 47s	$2.7M	$971K	100x
Short	SoDEX SILVER-USD	65.116	0.0050	get 0.0006% / 1h	17m 47s	$3K	$6K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $3
Price spread: −0.052% → 0.000%: −$5.22
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$18.22
Costs to cover: 0.160%
Break-even: 49.5 days

Slippage unknown: Aster: live order book, 1 min ago; SoDEX: 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	0.77 bp	6.3 bp −$6	7.8 bp −$78	17.6 bp −$1,763	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0040%	1h	65.090	−0.092%	$35K	$21K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0031%	1h	65.010	−0.215%	$5.6M	$9.8M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.070	−0.123%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.160	+0.015%	$27.7M	$39.2M	150x	as long as short
Variational Omni XAG	0.0000%	4h	65.124	−0.041%	$5.5M	$9.1M	—	as long as short
SunX XAG-USDT	0.0000%	4h	65.170	+0.031%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.200	+0.077%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.180	+0.046%	$1.5M	$278K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.112	−0.059%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0028%	4h	65.160	+0.015%	$140.5M	$181.2M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.177	+0.042%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.104	−0.070%	$5.0M	$11.7M	10x	as long as short
MEXC SILVER_USDT	+0.0032%	4h	65.150	0.000%	$126.5M	$160.8M	1000x	as long as short
edgeX XAGUSDC	+0.0033%	4h	65.105	−0.069%	$663K	$313K	30x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.919%	$11K	$94K	52x	as long as short
Binance XAGUSDT	+0.0034%	4h	65.160	+0.015%	$191.4M	$757.5M	100x	as long as short
Aster XAGUSDTlong	+0.0036%	4h	65.150	long leg	$2.7M	$971K	100x
StandX XAG-USD	+0.0040%	1h	65.140	−0.015%	$784K	$2.9M	40x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.150	0.000%	$161K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.556	+0.623%	—	—	25x	as long as short
Aevo XAG-PERP	+0.0048%	1h	65.164	+0.022%	$47K	—	10x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.125	−0.038%	$3.8M	$892K	20x	as long as short
SoDEX SILVER-USDshort	+0.0050%	1h	65.116	−0.052%	$3K	$6K	20x
Paradex XAG-USD-PERP	+0.0054%	8h	65.134	−0.024%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.070	−0.123%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0067%	1h	65.117	−0.051%	$173.0M	$84.6M	25x	as long as short
Kalshi KXSILVERPERP	+0.0080%	24h	65.120	−0.046%	$476K	$32.2M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	64.970	−0.276%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.081	−0.106%	$463K	$600K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.130	−0.031%	$25.3M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.080	−0.107%	$111K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.160	+0.015%	$1.2M	$4.8M	20x	as long as short
BloFin XAG-USDT	+0.0133%	4h	65.140	−0.015%	$2.7M	$625K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0138%	4h	65.132	−0.028%	$394K	$1.6M	25x	as long as short
Bitget XAGUSDT	+0.0158%	4h	65.150	0.000%	$23.2M	$44.9M	100x	as long as short
Nado XAG-PERP	+0.0165%	1h	65.099	−0.078%	$1.2M	$4.7M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0171%	8h	65.160	+0.015%	$28.4M	$70.6M	50x	as long as short
Lighter XAG	+0.0184%	1h	65.175	+0.038%	$5.3M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0192%	1h	65.106	−0.067%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0211%	1h	65.160	+0.015%	$65K	$394K	20x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.080	−0.107%	$20K	$17K	10x	as long as short
Bullet SILVER-USD	+0.0235%	1h	65.178	+0.043%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.175	+0.038%	$92K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0364%	1h	65.150	0.000%	$1.0M	$869K	25x	as long as short