Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.5% APRpaid last 24h 0.000%

Price spread now: Aevo against BloFin−0.079%53s7-day average — · you buy dearer than you sell

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

Long on BloFin 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 0.079% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XAG-USDT	66.200	0.0243	pay 0.0121% / 4h	17m 36s	$2.6M	$555K	100x
Short	Aevo XAG-PERP	66.147	0.0192	get 0.0024% / 1h	17m 36s	$47K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.079%Rate

Funding earned: −$10.61
Price spread: −0.079% → 0.000%: −$7.94
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$46.55
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 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 BloFin live order book, 6 min ago	0.75 bp	6.8 bp −$7	6.8 bp −$68	7.8 bp −$784	13.5 bp −$6,760
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	66.080	−0.181%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.170	−0.045%	$150.1M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.140	−0.091%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.170	−0.045%	$1.0M	$971K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.150	−0.076%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.068	−0.199%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.137	−0.096%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.087	−0.170%	$5.2M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.302%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.106	−0.142%	$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	−0.076%	$796K	$3.1M	40x	as long as short
Ondo Perps XAG-USD.P	+0.0041%	1h	66.040	−0.242%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.585	+0.582%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.119	−0.122%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.070	−0.196%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.140	−0.091%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.143	−0.086%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0070%	24h	66.110	−0.136%	$547K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.098	−0.154%	$471K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	−0.136%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.106%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0123%	1h	66.116	−0.127%	$165.9M	$74.2M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.148	−0.079%	$1.3M	$4.5M	20x	as long as short
Paradex XAG-USD-PERP	+0.0140%	8h	66.143	−0.086%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0143%	4h	66.150	−0.076%	$2.7M	$878K	100x	as long as short
Bybit XAGUSDT	+0.0162%	4h	66.170	−0.045%	$27.0M	$36.1M	150x	as long as short
Lighter XAG	+0.0176%	1h	66.140	−0.090%	$5.2M	$10.7M	25x	as long as short
Aevo XAG-PERPshort	+0.0192%	1h	66.147	−0.079%	$47K	—	10x
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.170	−0.045%	$1.8M	$1.0M	20x	as long as short
Variational Omni XAG	+0.0206%	4h	66.183	−0.026%	$5.6M	$9.6M	—	as long as short
Nado XAG-PERP	+0.0206%	1h	66.102	−0.148%	$1.4M	$6.5M	10x	as long as short
Binance XAGUSDT	+0.0211%	4h	66.152	−0.073%	$192.4M	$700.4M	100x	as long as short
MEXC SILVER_USDT	+0.0212%	4h	66.150	−0.076%	$110.2M	$152.8M	1000x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	66.129	−0.108%	$80K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0221%	4h	66.189	−0.016%	$672K	$312K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0231%	8h	66.150	−0.076%	$27.7M	$65.1M	50x	as long as short
BloFin XAG-USDTlong	+0.0243%	4h	66.200	long leg	$2.6M	$555K	100x
Bitget XAGUSDT	+0.0256%	4h	66.160	−0.060%	$23.9M	$45.3M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0276%	4h	66.193	−0.010%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0287%	1h	66.148	−0.079%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.120	−0.121%	$62K	$349K	20x	as long as short
Hibachi XAG/USDT-P	+0.0368%	1h	66.092	−0.163%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.145	−0.083%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.108	−0.138%	$913K	$681K	25x	as long as short