Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.026%

Price spread now: StandX against BloFin−0.045%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on BloFin Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.224%+$22 on $10k

Price spread, last 3 days (all we have)−0.015%−$2 · spread now −0.045%, 7d avg −0.036%

Together, before fees+0.209%+ Points / potential airdropStandX: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.224%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XAG-USDT	66.780	0.0141	pay 0.0071% / 4h	3h 50m	$2.6M	$669K	100x
Short	StandX XAG-USD	66.750	0.0040	get 0.0005% / 1h	50m 53s	$803K	$2.7M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$21.21
Price spread: −0.045% → −0.036%: −$0.86
Slippage, 4 orders: −$14.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$56.87
Costs to cover: 0.348%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; StandX: live order book, 3 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 BloFin live order book, 2 min ago	0.75 bp	6.7 bp −$7	6.7 bp −$67	10.1 bp −$1,005	18.8 bp −$9,381
Sell StandX live order book, 3 min ago	2.24 bp	10.7 bp −$11	12.1 bp −$121	32.8 bp −$3,278	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	66.742	−0.056%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.790	+0.015%	$26.1M	$35.3M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.780	0.000%	$155.6M	$165.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.810	+0.045%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.800	+0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.790	+0.015%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.731	−0.074%	$121K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.771	−0.013%	$36K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.769	−0.016%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.721	−0.088%	$5.4M	$13.2M	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	−0.569%	$11K	$94K	52x	as long as short
StandX XAG-USDshort	+0.0040%	1h	66.750	−0.045%	$803K	$2.7M	40x
Vest SI-PERP	+0.0046%	1h	67.223	+0.663%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.759	−0.031%	$57K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.745	−0.052%	$166.2M	$85.9M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.727	−0.079%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.728	−0.078%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.660	−0.180%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.750	−0.045%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.737	−0.064%	$570K	$21.8M	8.1x	as long as short
Lighter XAG	+0.0088%	1h	66.775	−0.007%	$5.4M	$10.4M	25x	as long as short
Variational Omni XAG	+0.0091%	4h	66.775	−0.008%	$5.7M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0091%	8h	66.778	−0.003%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.745	−0.053%	$482K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.750	−0.045%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.750	−0.045%	$127K	$26K	50x	as long as short
Aster XAGUSDT	+0.0106%	4h	66.780	0.000%	$2.8M	$1.1M	100x	as long as short
Binance XAGUSDT	+0.0110%	4h	66.770	−0.015%	$192.2M	$726.0M	100x	as long as short
MEXC SILVER_USDT	+0.0110%	4h	66.780	0.000%	$116.4M	$155.4M	1000x	as long as short
Aevo XAG-PERP	+0.0112%	1h	66.738	−0.063%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0115%	4h	66.802	+0.033%	$678K	$314K	30x	as long as short
Nado XAG-PERP	+0.0132%	1h	66.718	−0.093%	$1.3M	$6.5M	10x	as long as short
BloFin XAG-USDTlong	+0.0141%	4h	66.780	long leg	$2.6M	$669K	100x
RISEx XAG/USDC	+0.0148%	1h	66.769	−0.016%	$1.3M	$4.2M	20x	as long as short
Bitget XAGUSDT	+0.0166%	4h	66.790	+0.015%	$24.8M	$48.8M	100x	as long as short
Aftermath Perps XAGUSD	+0.0176%	1h	66.750	−0.044%	$80K	$40K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.730	−0.075%	$1.9M	$966K	20x	as long as short
Bullet SILVER-USD	+0.0187%	1h	66.780	0.000%	$45K	$76K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0190%	8h	66.780	0.000%	$28.2M	$67.6M	50x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.752	−0.042%	$20K	$22K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0274%	4h	66.790	+0.015%	$397K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.795	+0.022%	$104K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0349%	1h	66.780	0.000%	$51K	$348K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0487%	1h	66.743	−0.056%	$766K	$589K	25x	as long as short