Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.035%

Price spread now: Aevo against HTX−0.080%7-day average — · you buy dearer than you sell

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

Long on HTX 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

Funding pays, the price is against you. Aevo is 0.080% cheaper against HTX than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 42 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	66.190	0	get 0.0000% / 4h	2h 52m	$1.1M	$1.1M	75x
Short	Aevo XAG-PERP	66.137	0.0152	get 0.0019% / 1h	52m 17s	$47K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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 HTXbpFee AevobpOrdersPrice spread, now −0.080%Rate

Funding earned: $31.92
Price spread: −0.080% → 0.000%: −$8.01
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$4.09
Costs to cover: 0.280%
Break-even: 7.9 days

Slippage unknown: HTX: live order book, 1 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 HTX live order book, 1 min ago	4.54 bp	10.5 bp −$11	10.5 bp −$105	13.5 bp −$1,348	doesn't fit
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
dYdX XAG-USD	0.0000%	1h	66.050	−0.212%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.100	−0.136%	$2K	$2.6M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	66.190	long leg	$1.1M	$1.1M	75x
Phemex XAGUSDT	0.0000%	4h	66.150	−0.060%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.092	−0.148%	$121K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0006%	1h	65.990	−0.302%	$5.7M	$9.2M	25x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.112	−0.118%	$1.3M	$4.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.136	−0.082%	$4.8M	$9.2M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.082	−0.164%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.317%	$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
Phoenix SILVER	+0.0036%	1h	66.018	−0.260%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.082	−0.163%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	66.110	−0.121%	$795K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.545	+0.536%	—	—	25x	as long as short
Gate XAG_USDT	+0.0050%	4h	66.150	−0.060%	$149.9M	$153.9M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.081	−0.165%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.089	−0.153%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.090	−0.151%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	66.088	−0.154%	$30K	$1K	5x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.089	−0.153%	$530K	$26.7M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0094%	1h	66.102	−0.133%	$166.6M	$73.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.043	−0.223%	$470K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	−0.121%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.000	−0.287%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0112%	4h	66.160	−0.045%	$27.8M	$36.4M	150x	as long as short
Aster XAGUSDT	+0.0115%	4h	66.140	−0.076%	$2.7M	$871K	100x	as long as short
Lighter XAG	+0.0144%	1h	66.146	−0.067%	$5.2M	$10.6M	25x	as long as short
Aevo XAG-PERPshort	+0.0152%	1h	66.137	−0.080%	$47K	—	10x
Variational Omni XAG	+0.0157%	4h	66.083	−0.161%	$5.6M	$9.5M	—	as long as short
MEXC SILVER_USDT	+0.0166%	4h	66.150	−0.060%	$116.4M	$151.8M	1000x	as long as short
Binance XAGUSDT	+0.0167%	4h	66.160	−0.045%	$191.4M	$703.2M	100x	as long as short
edgeX XAGUSDC	+0.0170%	4h	66.074	−0.176%	$671K	$310K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.317%	$1.8M	$1.0M	20x	as long as short
Nado XAG-PERP	+0.0186%	1h	66.065	−0.188%	$1.4M	$5.6M	10x	as long as short
Aftermath Perps XAGUSD	+0.0200%	1h	66.041	−0.225%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.130	−0.091%	$75K	$363K	20x	as long as short
BloFin XAG-USDT	+0.0207%	4h	66.080	−0.166%	$2.6M	$570K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0210%	4h	66.063	−0.192%	$395K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0223%	8h	66.160	−0.045%	$27.8M	$64.7M	50x	as long as short
Bitget XAGUSDT	+0.0224%	4h	66.150	−0.060%	$24.0M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0252%	1h	66.148	−0.064%	$44K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0328%	1h	66.076	−0.172%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.155	−0.053%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.104	−0.131%	$908K	$688K	25x	as long as short