Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.029%

Price spread now: Aevo against Bitget−0.022%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Aevo

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—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.022% cheaper against Bitget than usual: you would sell low and buy high (−$2 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	Bitget XAGUSDT	66.520	0.0186	pay 0.0093% / 4h	3h 09m	$24.5M	$47.6M	100x
Short	Aevo XAG-PERP	66.506	0.0112	get 0.0014% / 1h	9m 59s	$48K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now −0.022%Rate

Funding earned: −$15.54
Price spread: −0.022% → 0.000%: −$2.16
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$45.7
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 min ago; Aevo: 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 Bitget live order book, 4 min ago	0.75 bp	6.8 bp −$7	9.6 bp −$96	19.3 bp −$1,931	51.1 bp −$25.5K
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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-USD	0.0000%	1h	66.473	−0.071%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.530	+0.015%	$25.6M	$35.6M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.530	+0.015%	$155.0M	$169.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.520	0.000%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.550	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.520	0.000%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.449	−0.106%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.476	−0.066%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.493	−0.041%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.446	−0.111%	$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	−0.180%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.490	−0.045%	$800K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.944	+0.637%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.472	−0.072%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.480	−0.060%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.445	−0.113%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.390	−0.195%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.510	−0.015%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.461	−0.089%	$562K	$21.5M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0067%	1h	66.483	−0.056%	$165.6M	$85.2M	25x	as long as short
Aster XAGUSDT	+0.0089%	4h	66.514	−0.008%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAG	+0.0099%	4h	66.494	−0.039%	$5.6M	$9.9M	—	as long as short
Pacifica XAG	+0.0100%	1h	66.452	−0.102%	$474K	$617K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.470	−0.075%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.450	−0.105%	$126K	$24K	50x	as long as short
Paradex XAG-USD-PERP	+0.0107%	8h	66.501	−0.028%	$30K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0109%	4h	66.478	−0.063%	$675K	$316K	30x	as long as short
MEXC SILVER_USDT	+0.0110%	4h	66.510	−0.015%	$108.6M	$160.6M	1000x	as long as short
Aevo XAG-PERPshort	+0.0112%	1h	66.506	−0.022%	$48K	—	10x
Binance XAGUSDT	+0.0113%	4h	66.520	0.000%	$193.6M	$720.7M	100x	as long as short
Lighter XAG	+0.0128%	1h	66.499	−0.032%	$5.4M	$10.6M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.517	−0.005%	$1.3M	$4.2M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0164%	4h	66.500	−0.030%	$391K	$1.5M	25x	as long as short
BloFin XAG-USDT	+0.0167%	4h	66.490	−0.045%	$2.6M	$698K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.480	−0.060%	$1.9M	$933K	20x	as long as short
Nado XAG-PERP	+0.0185%	1h	66.463	−0.086%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDTlong	+0.0186%	4h	66.520	long leg	$24.5M	$47.6M	100x
OKX XAG-USDT-SWAP	+0.0192%	8h	66.520	0.000%	$27.9M	$66.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0204%	1h	66.465	−0.083%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0245%	1h	66.530	+0.015%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	66.470	−0.075%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.515	−0.008%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.500	−0.030%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.484	−0.054%	$764K	$564K	25x	as long as short