Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.031%

Price spread now: Aevo against Gate−0.011%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	65.970	0	get 0.0000% / 4h	3h 53m	$149.6M	$162.9M	100x
Short	Aevo XAG-PERP	65.963	0.0192	get 0.0024% / 1h	53m 59s	$47K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.011%Rate

Funding earned: $40.32
Price spread: −0.011% → 0.000%: −$1.12
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: $8.2
Costs to cover: 0.310%
Break-even: 5.6 days

Slippage unknown: Gate: live order book, 5 min ago; Aevo: 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 Gate live order book, 5 min ago	0.76 bp	8.8 bp −$9	9.7 bp −$97	12.0 bp −$1,203	14.6 bp −$7,303
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0081%	1h	65.860	−0.167%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.876	−0.143%	$14K	—	5x	as long as short
Gate XAG_USDTlong	0.0000%	4h	65.970	long leg	$149.6M	$162.9M	100x
SunX XAG-USDT	0.0000%	4h	65.960	−0.015%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.020	+0.076%	$1.0M	$968K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.960	−0.015%	$1.5M	$319K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.908	−0.093%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.948	−0.034%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.900	−0.105%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.652%	$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	65.960	−0.015%	$793K	$3.1M	40x	as long as short
Bybit XAGUSDT	+0.0040%	4h	65.980	+0.015%	$27.3M	$36.3M	150x	as long as short
Vest SI-PERP	+0.0046%	1h	66.401	+0.653%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.925	−0.068%	$165.9M	$73.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.934	−0.055%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.900	−0.106%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0060%	1h	65.950	−0.030%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	65.968	−0.003%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	65.934	−0.055%	$536K	$25.8M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	65.977	+0.011%	$1.3M	$4.9M	20x	as long as short
Hotstuff SILVER-PERP	+0.0096%	1h	65.954	−0.024%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.926	−0.067%	$469K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.940	−0.045%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.940	−0.045%	$113K	$30K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0116%	4h	65.980	+0.015%	$393K	$1.5M	25x	as long as short
Lighter XAG	+0.0120%	1h	65.953	−0.027%	$5.2M	$10.6M	25x	as long as short
Paradex XAG-USD-PERP	+0.0136%	8h	65.975	+0.007%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0146%	4h	65.968	−0.003%	$2.7M	$863K	100x	as long as short
Nado XAG-PERP	+0.0150%	1h	65.938	−0.049%	$1.4M	$6.2M	10x	as long as short
Aevo XAG-PERPshort	+0.0192%	1h	65.963	−0.011%	$47K	—	10x
Variational Omni XAG	+0.0203%	4h	65.973	+0.005%	$5.6M	$9.5M	—	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	65.950	−0.030%	$75K	$363K	20x	as long as short
Bullet SILVER-USD	+0.0208%	1h	65.981	+0.017%	$44K	$75K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.030%	$1.8M	$1.0M	20x	as long as short
Binance XAGUSDT	+0.0211%	4h	65.960	−0.015%	$191.0M	$703.0M	100x	as long as short
MEXC SILVER_USDT	+0.0212%	4h	65.950	−0.030%	$112.9M	$151.6M	1000x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	65.946	−0.036%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0234%	4h	65.993	+0.034%	$670K	$310K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0234%	8h	65.960	−0.015%	$27.6M	$64.7M	50x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.960	−0.015%	$23.9M	$45.6M	100x	as long as short
BloFin XAG-USDT	+0.0259%	4h	65.980	+0.015%	$2.6M	$553K	100x	as long as short
Hibachi XAG/USDT-P	+0.0368%	1h	65.920	−0.076%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	65.965	−0.008%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0625%	1h	65.934	−0.054%	$910K	$683K	25x	as long as short