Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.006%

Price spread now: StandX against Aster−0.150%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on Aster Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days+0.145%+$14 · spread now −0.150%, 7d avg −0.009%

Together, before fees+0.173%+ Points / potential airdropAster: Stage 5 · StandX: Active · farm board+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and StandX is 0.141% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.430	0.0105	pay 0.0053% / 4h	27m 00s	$2.8M	$1.1M	100x
Short	StandX XAG-USD	66.330	0.0040	get 0.0005% / 1h	27m 00s	$794K	$2.7M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$13.71
Price spread: −0.150% → −0.009%: −$14.1
Slippage, 4 orders: −$10.84
Fee Aster: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$54.66
Costs to cover: 0.268%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; StandX: live order book, 2 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, 1 min ago	0.75 bp	4.8 bp −$5	5.7 bp −$57	17.2 bp −$1,719	doesn't fit
Sell StandX live order book, 2 min ago	3.01 bp	8.5 bp −$9	9.0 bp −$90	32.0 bp −$3,196	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	66.313	−0.176%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.460	+0.046%	$26.1M	$34.1M	150x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.359	−0.106%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.450	+0.030%	$153.5M	$170.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	−0.060%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.460	+0.046%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.460	+0.046%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.305	−0.188%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.416	−0.021%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.368	−0.092%	$5.5M	$12.3M	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	−0.045%	$11K	$94K	52x	as long as short
Phoenix SILVER	+0.0036%	1h	66.328	−0.153%	$56K	$26K	25x	as long as short
StandX XAG-USDshort	+0.0040%	1h	66.330	−0.150%	$794K	$2.7M	40x
Vest SI-PERP	+0.0046%	1h	66.812	+0.575%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.346	−0.126%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.306	−0.186%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.290	−0.210%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.375	−0.082%	$593K	$21.4M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.380	−0.075%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0074%	1h	66.399	−0.046%	$165.5M	$87.0M	25x	as long as short
Variational Omni XAG	+0.0097%	4h	66.397	−0.049%	$5.6M	$10.1M	—	as long as short
Pacifica XAG	+0.0100%	1h	66.327	−0.155%	$479K	$618K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.400	−0.045%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.370	−0.090%	$126K	$26K	50x	as long as short
Aster XAGUSDTlong	+0.0105%	4h	66.430	long leg	$2.8M	$1.1M	100x
Paradex XAG-USD-PERP	+0.0108%	8h	66.367	−0.095%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0112%	1h	66.371	−0.089%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0114%	4h	66.430	0.000%	$114.9M	$153.0M	1000x	as long as short
Binance XAGUSDT	+0.0115%	4h	66.449	+0.029%	$191.9M	$721.5M	100x	as long as short
Lighter XAG	+0.0120%	1h	66.427	−0.004%	$5.2M	$10.4M	25x	as long as short
edgeX XAGUSDC	+0.0129%	4h	66.383	−0.071%	$674K	$313K	30x	as long as short
Bitget XAGUSDT	+0.0138%	4h	66.460	+0.046%	$24.2M	$48.2M	100x	as long as short
BloFin XAG-USDT	+0.0151%	4h	66.420	−0.015%	$2.6M	$650K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.410	−0.030%	$1.9M	$847K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0164%	4h	66.378	−0.078%	$395K	$1.5M	25x	as long as short
Aftermath Perps XAGUSD	+0.0168%	1h	66.370	−0.090%	$80K	$40K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	66.470	+0.061%	$27.8M	$66.5M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.382	−0.072%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0255%	1h	66.388	−0.063%	$45K	$76K	10x	as long as short
Nado XAG-PERP	+0.0263%	1h	66.319	−0.167%	$1.3M	$6.6M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.385	−0.067%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.339	−0.136%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0504%	1h	66.370	−0.090%	$50K	$361K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0597%	1h	66.360	−0.106%	$761K	$586K	25x	as long as short