Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0162%/8h= −17.7% APRpaid last 24h −0.053%

Price spread now: StandX against Bitget−0.091%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on Bitget Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days+0.086%+$9 · spread now −0.091%, 7d avg −0.014%

Together, before fees+0.044%+ Points / potential airdropStandX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and StandX is 0.078% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAGUSDT	65.630	0.0202	pay 0.0101% / 4h	1h 58m	$23.8M	$46.3M	100x
Short	StandX XAG-USD	65.570	0.0040	get 0.0005% / 1h	58m 09s	$789K	$3.0M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$34.02
Price spread: −0.091% → −0.014%: −$7.77
Slippage, 4 orders: −$16.32
Fee Bitget: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$78.1
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; StandX: live order book, 1 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 Bitget live order book, 1 min ago	0.76 bp	7.9 bp −$8	9.4 bp −$94	15.8 bp −$1,580	44.8 bp −$22.4K
Sell StandX live order book, 1 min ago	3.05 bp	13.1 bp −$13	13.1 bp −$131	33.6 bp −$3,361	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
Hibachi XAG/USDT-P	−0.0080%	1h	65.560	−0.107%	$20K	$19K	10x	as long as short
dYdX XAG-USD	0.0000%	1h	65.526	−0.159%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.640	+0.015%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.670	+0.061%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.630	0.000%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.580	−0.076%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.627	−0.005%	$4.7M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.581	−0.075%	$5.1M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.173%	$11K	$94K	52x	as long as short
Phoenix SILVER	+0.0036%	1h	65.534	−0.146%	$56K	$26K	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDT	+0.0038%	4h	65.660	+0.046%	$144.4M	$176.0M	100x	as long as short
StandX XAG-USDshort	+0.0040%	1h	65.570	−0.091%	$789K	$3.0M	40x
Vest SI-PERP	+0.0046%	1h	66.041	+0.626%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.575	−0.084%	$35K	$21K	20x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.640	+0.015%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.598	−0.049%	$170.9M	$82.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.594	−0.055%	$3.9M	$711K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.580	−0.076%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.530	−0.152%	$5.6M	$9.7M	25x	as long as short
Aster XAGUSDT	+0.0061%	4h	65.610	−0.030%	$2.7M	$955K	100x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.641	+0.016%	$1.2M	$4.9M	20x	as long as short
Paradex XAG-USD-PERP	+0.0061%	8h	65.626	−0.006%	$29K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0076%	4h	65.650	+0.030%	$28.8M	$39.1M	150x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.589	−0.062%	$466K	$29.3M	8.1x	as long as short
Nado XAG-PERP	+0.0077%	1h	65.567	−0.096%	$1.2M	$5.6M	10x	as long as short
Pacifica XAG	+0.0100%	1h	65.581	−0.075%	$469K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.590	−0.061%	$24.7M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.560	−0.107%	$112K	$19K	50x	as long as short
Variational Omni XAG	+0.0101%	4h	65.593	−0.057%	$5.5M	$9.4M	—	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.622	−0.013%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0106%	4h	65.640	+0.015%	$113.0M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0107%	4h	65.640	+0.015%	$188.6M	$744.6M	100x	as long as short
Lighter XAG	+0.0120%	1h	65.637	+0.010%	$5.4M	$11.2M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.580	−0.076%	$1.6M	$1.3M	20x	as long as short
edgeX XAGUSDC	+0.0134%	4h	65.570	−0.092%	$667K	$314K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	65.604	−0.040%	$395K	$1.6M	25x	as long as short
Bitget XAGUSDTlong	+0.0202%	4h	65.630	long leg	$23.8M	$46.3M	100x
OKX XAG-USDT-SWAP	+0.0205%	8h	65.640	+0.015%	$27.9M	$70.5M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.630	0.000%	$66K	$369K	20x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	65.592	−0.058%	$79K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0217%	1h	65.640	+0.015%	$44K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0321% / S −0.0301%	1h	65.635	+0.008%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0348%	4h	65.590	−0.061%	$2.6M	$621K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0491%	1h	65.607	−0.035%	$915K	$735K	25x	as long as short