Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.007%

Price spread now: Vest against Bybit+0.617%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.617% dearer against Bybit than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAGUSDT	66.570	0	get 0.0000% / 4h	3h 04m	$25.6M	$35.7M	150x
Short	Vest SI-PERP	66.981	0.0046	get 0.0006% / 1h	4m 57s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bybit. 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 BybitbpFee VestbpOrdersPrice spread, now +0.617%Rate

Funding earned: $9.59
Price spread: +0.617% → 0.000%: $61.74
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: $58.33
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Bybit: live order book, 4 min ago; Vest: 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 Bybit live order book, 4 min ago	0.75 bp	6.3 bp −$6	7.9 bp −$79	14.4 bp −$1,440	53.4 bp −$26.7K
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.146%	$15K	—	5x	as long as short
Bybit XAGUSDTlong	0.0000%	4h	66.570	long leg	$25.6M	$35.7M	150x
Gate XAG_USDT	0.0000%	4h	66.560	−0.015%	$155.1M	$169.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.560	−0.015%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.590	+0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.580	+0.015%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.480	−0.135%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.530	−0.061%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.480	−0.135%	$5.4M	$12.4M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.514	−0.084%	$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
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.255%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.570	0.000%	$801K	$2.8M	40x	as long as short
Vest SI-PERPshort	+0.0046%	1h	66.981	+0.617%	—	—	25x
Phoenix SILVER	+0.0048%	1h	66.497	−0.110%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.527	−0.065%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.479	−0.137%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.460	−0.165%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.540	−0.045%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.514	−0.084%	$563K	$21.5M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0069%	1h	66.512	−0.087%	$165.8M	$84.7M	25x	as long as short
Aster XAGUSDT	+0.0094%	4h	66.559	−0.016%	$2.8M	$1.1M	100x	as long as short
BloFin XAG-USDT	+0.0098%	4h	66.550	−0.030%	$2.6M	$696K	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.498	−0.108%	$474K	$619K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.520	−0.075%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.480	−0.135%	$126K	$24K	50x	as long as short
Variational Omni XAG	+0.0102%	4h	66.563	−0.011%	$5.6M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0111%	8h	66.546	−0.037%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0112%	1h	66.546	−0.036%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0116%	4h	66.550	−0.030%	$108.8M	$160.6M	1000x	as long as short
Binance XAGUSDT	+0.0117%	4h	66.556	−0.020%	$193.5M	$717.1M	100x	as long as short
edgeX XAGUSDC	+0.0119%	4h	66.554	−0.024%	$675K	$314K	30x	as long as short
Lighter XAG	+0.0128%	1h	66.535	−0.052%	$5.4M	$10.6M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.560	−0.015%	$1.3M	$4.2M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0180%	4h	66.550	−0.029%	$402K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.530	−0.060%	$1.9M	$934K	20x	as long as short
Nado XAG-PERP	+0.0187%	1h	66.516	−0.080%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0192%	4h	66.550	−0.030%	$24.6M	$47.5M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0195%	8h	66.550	−0.030%	$27.9M	$66.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0204%	1h	66.512	−0.088%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0249%	1h	66.563	−0.010%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.524	−0.069%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.555	−0.023%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.530	−0.060%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0488%	1h	66.523	−0.071%	$765K	$564K	25x	as long as short