Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.016%

Price spread now: tradeXYZ against Gate−0.086%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days−0.020%−$2 · spread now −0.086%, 7d avg −0.094%

Together, before fees+0.073%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.094%, so right now this pair is about funding alone: $0 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	66.070	0.0044	pay 0.0022% / 4h	3h 06m	$149.8M	$164.4M	100x
Short	tradeXYZ xyz:SILVER	66.013	0.0060	get 0.0008% / 1h	6m 34s	$166.3M	$73.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.086%Rate

Funding earned: $3.39
Price spread: −0.086% → −0.094%: $0.73
Slippage, 4 orders: −$2.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$31.26
Costs to cover: 0.354%
Break-even: 71.6 days

Slippage from Gate: live order book, 2 min ago; tradeXYZ: live order book, 13 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	0.76 bp	8.3 bp −$8	8.3 bp −$83	11.6 bp −$1,160	15.6 bp −$7,806
Sell tradeXYZ live order book, 13 min ago	0.08 bp	9.1 bp −$9	9.1 bp −$91	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
Ondo Perps XAG-USD.P	−0.0053%	1h	65.950	−0.182%	$5.7M	$9.2M	25x	as long as short
Hotstuff SILVER-PERP	−0.0016%	1h	66.012	−0.088%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.123%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.070	0.000%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.080	+0.015%	$1.0M	$949K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.050	−0.030%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.982	−0.133%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.049	−0.032%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.992	−0.119%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.499%	$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	66.020	−0.076%	$794K	$3.0M	40x	as long as short
Gate XAG_USDTlong	+0.0044%	4h	66.070	long leg	$149.8M	$164.4M	100x
Vest SI-PERP	+0.0046%	1h	66.475	+0.613%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.025	−0.068%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.984	−0.130%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	66.046	−0.037%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.040	−0.045%	$114K	$2.7M	20x	as long as short
tradeXYZ xyz:SILVERshort	+0.0060%	1h	66.013	−0.086%	$166.3M	$73.8M	25x
Phoenix SILVER	+0.0073%	1h	65.977	−0.141%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	66.003	−0.101%	$537K	$26.5M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.059	−0.017%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.994	−0.115%	$469K	$604K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.020	−0.076%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.960	−0.166%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0100%	4h	66.090	+0.030%	$27.8M	$36.5M	150x	as long as short
Lighter XAG	+0.0120%	1h	66.052	−0.028%	$5.2M	$10.9M	25x	as long as short
Aster XAGUSDT	+0.0120%	4h	66.050	−0.030%	$2.7M	$866K	100x	as long as short
Variational Omni XAG	+0.0163%	4h	66.003	−0.102%	$5.6M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.036	−0.051%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0174%	4h	66.060	−0.015%	$114.5M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0175%	4h	66.070	0.000%	$191.0M	$702.8M	100x	as long as short
edgeX XAGUSDC	+0.0182%	4h	66.013	−0.086%	$670K	$311K	30x	as long as short
Nado XAG-PERP	+0.0186%	1h	66.013	−0.086%	$1.4M	$5.8M	10x	as long as short
Aftermath Perps XAGUSD	+0.0197%	1h	66.013	−0.086%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.030	−0.061%	$75K	$363K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.028	−0.064%	$394K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.980	−0.136%	$1.8M	$1.0M	20x	as long as short
BloFin XAG-USDT	+0.0224%	4h	66.030	−0.061%	$2.6M	$569K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0224%	8h	66.050	−0.030%	$27.7M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0228%	4h	66.060	−0.015%	$24.0M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0235%	1h	66.052	−0.028%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	65.980	−0.136%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.055	−0.023%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.023	−0.071%	$911K	$685K	25x	as long as short