Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h −0.003%

Price spread now: Aster against Extended+0.093%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$160.162% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.093%, 7d avg +0.068%

Together, before fees−0.122%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.025% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	66.459	0.0032	pay 0.0004% / 1h	9m 01s	$5.4M	$12.4M	10x
Short	Aster XAGUSDT	66.521	0.0090	get 0.0045% / 4h	3h 09m	$2.8M	$1.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.093%Rate

Funding earned: $12.09
Price spread: +0.093% → +0.068%: $2.49
Slippage, 4 orders: −$3.2
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1.63
Costs to cover: 0.162%
Break-even: 7.9 days

Slippage from Extended: live order book, 5 min ago; Aster: live order book, 4 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 Extended live order book, 5 min ago	0.08 bp	3.9 bp −$4	6.8 bp −$68	15.6 bp −$1,559	doesn't fit
Sell Aster live order book, 4 min ago	0.75 bp	5.0 bp −$5	7.3 bp −$73	12.7 bp −$1,272	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	66.473	+0.020%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.560	+0.151%	$25.6M	$35.6M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.540	+0.121%	$155.1M	$169.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.530	+0.106%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.560	+0.151%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.530	+0.106%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.462	+0.004%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.512	+0.079%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	66.459	long leg	$5.4M	$12.4M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.089%	$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
StandX XAG-USD	+0.0040%	1h	66.490	+0.046%	$800K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.953	+0.743%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.468	+0.013%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.497	+0.057%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.458	−0.002%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.390	−0.104%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.510	+0.076%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.475	+0.023%	$562K	$21.5M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	66.486	+0.040%	$35K	$21K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0067%	1h	66.494	+0.052%	$165.7M	$84.6M	25x	as long as short
Aster XAGUSDTshort	+0.0090%	4h	66.521	+0.093%	$2.8M	$1.1M	100x
Variational Omni XAG	+0.0099%	4h	66.494	+0.052%	$5.6M	$9.9M	—	as long as short
Pacifica XAG	+0.0100%	1h	66.462	+0.004%	$473K	$619K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.480	+0.031%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.470	+0.016%	$126K	$24K	50x	as long as short
Paradex XAG-USD-PERP	+0.0107%	8h	66.511	+0.078%	$30K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0112%	4h	66.520	+0.091%	$108.8M	$160.6M	1000x	as long as short
Aevo XAG-PERP	+0.0112%	1h	66.512	+0.080%	$48K	—	10x	as long as short
Binance XAGUSDT	+0.0113%	4h	66.543	+0.125%	$193.6M	$719.4M	100x	as long as short
edgeX XAGUSDC	+0.0124%	4h	66.503	+0.065%	$675K	$314K	30x	as long as short
Lighter XAG	+0.0128%	1h	66.517	+0.086%	$5.4M	$10.6M	25x	as long as short
BloFin XAG-USDT	+0.0145%	4h	66.540	+0.121%	$2.6M	$698K	100x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.522	+0.093%	$1.3M	$4.2M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0164%	4h	66.500	+0.061%	$391K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.480	+0.031%	$1.9M	$933K	20x	as long as short
Nado XAG-PERP	+0.0185%	1h	66.469	+0.014%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0186%	4h	66.540	+0.121%	$24.5M	$47.6M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	66.550	+0.136%	$27.9M	$66.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0203%	1h	66.469	+0.015%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0246%	1h	66.535	+0.114%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	66.464	+0.008%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.535	+0.114%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.510	+0.076%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.498	+0.058%	$764K	$564K	25x	as long as short