Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.027%

Price spread now: Aster against dYdX+0.222%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.222% dearer against dYdX than usual: you sell high and buy low: +$22 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	dYdX XAG-USD	65.424	0	get 0.0000% / 1h	12m 39s	$12K	$5K	5x
Short	Aster XAGUSDT	65.570	0.0089	get 0.0045% / 4h	2h 12m	$2.7M	$940K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now +0.222%Rate

Funding earned: $18.79
Price spread: +0.222% → 0.000%: $22.24
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $23.03
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Aster: live order book, 1 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Aster live order book, 1 min ago	0.76 bp	4.8 bp −$5	7.1 bp −$71	16.2 bp −$1,620	doesn't fit

dYdX: 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
Ondo Perps XAG-USD.P	−0.0001%	1h	65.430	+0.008%	$5.6M	$9.6M	25x	as long as short
dYdX XAG-USDlong	0.0000%	1h	65.424	long leg	$12K	$5K	5x
SunX XAG-USDT	0.0000%	4h	65.430	+0.008%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.470	+0.070%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.450	+0.039%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.375	−0.076%	$118K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.561	+0.209%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.519	+0.145%	$4.7M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.485	+0.093%	$5.1M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.491%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	65.388	−0.056%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	65.400	−0.037%	$787K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0042%	4h	65.570	+0.222%	$144.9M	$179.0M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	65.967	+0.829%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.534	+0.167%	$3.9M	$710K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.373	−0.079%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.540	+0.177%	$157K	$2.8M	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.362	−0.096%	$35K	$21K	20x	as long as short
Paradex XAG-USD-PERP	+0.0065%	8h	65.513	+0.136%	$29K	$1K	5x	as long as short
Kalshi KXSILVERPERP	+0.0076%	24h	65.417	−0.011%	$476K	$28.8M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0082%	1h	65.494	+0.106%	$170.8M	$82.5M	25x	as long as short
Aster XAGUSDTshort	+0.0089%	4h	65.570	+0.222%	$2.7M	$940K	100x
Pacifica XAG	+0.0100%	1h	65.471	+0.071%	$467K	$626K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.480	+0.085%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.360	−0.099%	$112K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0127%	4h	65.590	+0.253%	$28.7M	$38.8M	150x	as long as short
Variational Omni XAG	+0.0131%	4h	65.414	−0.016%	$5.5M	$9.6M	—	as long as short
Lighter XAG	+0.0136%	1h	65.535	+0.169%	$5.3M	$11.2M	25x	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.438	+0.021%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0139%	4h	65.569	+0.221%	$189.1M	$743.9M	100x	as long as short
MEXC SILVER_USDT	+0.0140%	4h	65.560	+0.207%	$122.2M	$160.9M	1000x	as long as short
edgeX XAGUSDC	+0.0152%	4h	65.410	−0.023%	$666K	$314K	30x	as long as short
Nado XAG-PERP	+0.0157%	1h	65.526	+0.155%	$1.3M	$5.5M	10x	as long as short
Hibachi XAG/USDT-P	+0.0168%	1h	65.360	−0.099%	$20K	$19K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.150	−0.420%	$1.6M	$1.3M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0204%	4h	65.430	+0.008%	$397K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.420	−0.007%	$66K	$367K	20x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	65.403	−0.032%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0214%	4h	65.580	+0.238%	$23.7M	$46.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	65.570	+0.222%	$27.8M	$69.9M	50x	as long as short
Bullet SILVER-USD	+0.0245%	1h	65.437	+0.020%	$43K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0366% / S −0.0361%	1h	65.435	+0.016%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0380%	4h	65.460	+0.054%	$2.6M	$627K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0471%	1h	65.418	−0.010%	$913K	$735K	25x	as long as short