Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.019%

Price spread now: RISEx against Gate+0.058%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.068%+$7 on $10k

Price spread, last 7 days−0.123%−$12 · spread now +0.058%, 7d avg −0.027%

Together, before fees−0.055%−$5 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 RISEx is 0.085% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	64.930	0.0082	pay 0.0041% / 4h	3h 41m	$138.7M	$180.5M	100x
Short	RISEx XAG/USDC	64.968	0.0158	get 0.0020% / 1h	41m 46s	$1.2M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.058%Rate

Funding earned: $15.97
Price spread: +0.058% → −0.027%: $8.53
Slippage, 4 orders: −$4.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$0.85
Costs to cover: 0.254%
Break-even: 7.4 days

Slippage from Gate: live order book, 2 min ago; RISEx: live order book, 2 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 Gate live order book, 2 min ago	0.77 bp	8.3 bp −$8	9.6 bp −$96	14.3 bp −$1,426	17.5 bp −$8,764
Sell RISEx live order book, 2 min ago	1.41 bp	4.4 bp −$4	4.9 bp −$49	doesn't fit	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	64.936	+0.010%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	64.960	+0.046%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.020	+0.139%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	64.970	+0.062%	$1.4M	$298K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.887	−0.066%	$117K	—	250x	as long as short
Variational Omni XAG	+0.0029%	4h	65.124	+0.299%	$5.3M	$9.1M	—	as long as short
Lighter RH XAG	+0.0032%	1h	64.929	−0.002%	$4.5M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.855	−0.116%	$5.0M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.264%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	64.980	+0.077%	$782K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	65.377	+0.688%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	64.960	+0.046%	$295K	$1.5M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.907	−0.035%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.884	−0.071%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.850	−0.123%	$5.6M	$9.9M	25x	as long as short
Binance XAGUSDT	+0.0055%	4h	64.930	0.000%	$193.1M	$767.3M	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0058%	1h	64.910	−0.031%	$76K	$418K	20x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	64.949	+0.029%	$29K	$166	5x	as long as short
MEXC SILVER_USDT	+0.0060%	4h	64.910	−0.031%	$115.1M	$157.2M	1000x	as long as short
Aster XAGUSDT	+0.0068%	4h	64.940	+0.015%	$2.6M	$997K	100x	as long as short
Aevo XAG-PERP	+0.0072%	1h	64.952	+0.033%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0080%	4h	65.090	+0.246%	$663K	$315K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	64.900	−0.046%	$1.6M	$1.4M	20x	as long as short
Gate XAG_USDTlong	+0.0082%	4h	64.930	long leg	$138.7M	$180.5M	100x
Kalshi KXSILVERPERP	+0.0083%	24h	64.937	+0.011%	$486K	$33.8M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0096%	1h	65.059	+0.199%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	64.905	−0.039%	$462K	$592K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	64.900	−0.046%	$25.1M	$4.4M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.990	+0.092%	$111K	$19K	50x	as long as short
Bybit XAGUSDT	+0.0107%	4h	64.940	+0.015%	$29.3M	$41.6M	150x	as long as short
Phoenix SILVER	+0.0111%	1h	64.972	+0.065%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0144%	1h	64.889	−0.063%	$174.0M	$86.6M	25x	as long as short
RISEx XAG/USDCshort	+0.0158%	1h	64.968	+0.058%	$1.2M	$4.9M	20x
Nado XAG-PERP	+0.0166%	1h	64.911	−0.029%	$1.2M	$4.3M	10x	as long as short
Bitget XAGUSDT	+0.0188%	4h	64.920	−0.015%	$23.1M	$45.3M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0190%	8h	64.930	0.000%	$28.6M	$72.3M	50x	as long as short
Aftermath Perps XAGUSD	+0.0215%	1h	64.978	+0.073%	$78K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0237% / S −0.0196%	1h	64.965	+0.054%	$92K	—	111x	as long as short
BloFin XAG-USDT	+0.0246%	4h	64.980	+0.077%	$2.7M	$636K	100x	as long as short
Lighter XAG	+0.0248%	1h	64.927	−0.005%	$5.3M	$11.0M	25x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	64.946	+0.025%	$20K	$15K	10x	as long as short
Bullet SILVER-USD	+0.0314%	1h	64.975	+0.069%	$45K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0316%	4h	65.071	+0.217%	$391K	$1.6M	25x	as long as short
Kraken Futures PF_XAGUSD	+0.0419%	1h	64.926	−0.006%	$1.0M	$868K	25x	as long as short