Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.017%

Price spread now: MEXC against Extended+0.057%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$90.085% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.057%, 7d avg +0.060%

Together, before fees−0.050%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	65.423	0.0032	pay 0.0004% / 1h	49m 38s	$5.1M	$11.6M	10x
Short	MEXC SILVER_USDT	65.460	0.0092	get 0.0046% / 4h	1h 49m	$113.3M	$156.6M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.057%Rate

Funding earned: $12.6
Price spread: +0.057% → +0.060%: −$0.31
Slippage, 4 orders: −$3.5
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: $3.79
Costs to cover: 0.085%
Break-even: 4.9 days

Slippage from Extended: live order book, 4 min ago; MEXC: 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, 4 min ago	0.15 bp	3.8 bp −$4	5.7 bp −$57	11.9 bp −$1,192	doesn't fit
Sell MEXC live order book, 4 min ago	0.76 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$76	2.7 bp −$1,345

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
Hibachi XAG/USDT-P	−0.0120%	1h	65.433	+0.015%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0064%	1h	65.310	−0.173%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.406	−0.026%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.470	+0.072%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.480	+0.087%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.440	+0.026%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.397	−0.039%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0028%	4h	65.490	+0.103%	$142.2M	$178.6M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.460	+0.057%	$4.7M	$9.6M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	65.423	long leg	$5.1M	$11.6M	10x

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	+1.493%	$11K	$94K	52x	as long as short
Bybit XAGUSDT	+0.0037%	4h	65.470	+0.072%	$28.6M	$39.5M	150x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	65.460	+0.057%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	65.430	+0.011%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.867	+0.679%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.430	+0.011%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.433	+0.015%	$170.7M	$83.2M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.401	−0.034%	$3.9M	$716K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.404	−0.029%	$3K	$6K	20x	as long as short
Aster XAGUSDT	+0.0053%	4h	65.440	+0.026%	$2.7M	$956K	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0056%	1h	65.440	+0.026%	$66K	$370K	20x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	65.449	+0.040%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.467	+0.067%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.561	+0.211%	$56K	$31K	25x	as long as short
Lighter XAG	+0.0072%	1h	65.468	+0.068%	$5.4M	$11.3M	25x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.415	−0.012%	$499K	$29.6M	8.1x	as long as short
Variational Omni XAG	+0.0084%	4h	65.404	−0.029%	$5.5M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0089%	4h	65.460	+0.056%	$189.5M	$759.1M	100x	as long as short
MEXC SILVER_USDTshort	+0.0092%	4h	65.460	+0.057%	$113.3M	$156.6M	1000x
Pacifica XAG	+0.0100%	1h	65.425	+0.003%	$467K	$627K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.430	+0.011%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.470	+0.072%	$112K	$19K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.429	+0.010%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0108%	4h	65.508	+0.130%	$667K	$313K	30x	as long as short
Nado XAG-PERP	+0.0118%	1h	65.417	−0.009%	$1.2M	$5.5M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.370	−0.081%	$1.6M	$1.3M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0132%	4h	65.425	+0.004%	$384K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0149%	1h	65.439	+0.025%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0190%	4h	65.480	+0.087%	$23.8M	$46.5M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0196%	8h	65.470	+0.072%	$27.8M	$71.1M	50x	as long as short
Aftermath Perps XAGUSD	+0.0212%	1h	65.474	+0.079%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0320% / S −0.0301%	1h	65.435	+0.018%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0336%	4h	65.460	+0.057%	$2.6M	$617K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.399	−0.036%	$917K	$744K	25x	as long as short