Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.049%

Price spread now: Aftermath Perps against HTX−0.127%50s7-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 Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 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. Aftermath Perps is 0.127% cheaper against HTX than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 46 hours of funding at the current rate (+$7 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	66.030	0	get 0.0000% / 4h	3h 54m	$1.0M	$968K	75x
Short	Aftermath Perps XAGUSD	65.946	0.0222	get 0.0028% / 1h	54m 33s	$79K	$36K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.127%Rate

Funding earned: $46.6
Price spread: −0.127% → 0.000%: −$12.73
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $12.87
Costs to cover: 0.210%
Break-even: 5.1 days

Slippage unknown: HTX: live order book, 4 min ago; Aftermath Perps: 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, 4 min ago	4.54 bp	10.5 bp −$11	10.5 bp −$105	13.5 bp −$1,348	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	−0.257%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.876	−0.234%	$14K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.000	−0.045%	$149.8M	$162.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.980	−0.076%	$2K	$2.7M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	66.030	long leg	$1.0M	$968K	75x
Phemex XAGUSDT	0.0000%	4h	65.990	−0.061%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.913	−0.178%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.970	−0.090%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.923	−0.162%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.560%	$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	−0.106%	$793K	$3.1M	40x	as long as short
Bybit XAGUSDT	+0.0040%	4h	66.000	−0.045%	$27.3M	$36.3M	150x	as long as short
Vest SI-PERP	+0.0046%	1h	66.401	+0.562%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.933	−0.147%	$165.9M	$73.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.934	−0.145%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.917	−0.171%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0060%	1h	65.950	−0.121%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	65.968	−0.094%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	65.918	−0.170%	$536K	$25.8M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	65.977	−0.080%	$1.3M	$4.9M	20x	as long as short
Hotstuff SILVER-PERP	+0.0096%	1h	65.954	−0.115%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.926	−0.158%	$469K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.940	−0.136%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.940	−0.136%	$113K	$30K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0116%	4h	65.980	−0.076%	$393K	$1.5M	25x	as long as short
Lighter XAG	+0.0120%	1h	65.975	−0.084%	$5.2M	$10.6M	25x	as long as short
Paradex XAG-USD-PERP	+0.0136%	8h	65.975	−0.084%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0146%	4h	65.970	−0.091%	$2.7M	$863K	100x	as long as short
Nado XAG-PERP	+0.0150%	1h	65.938	−0.140%	$1.4M	$6.2M	10x	as long as short
Aevo XAG-PERP	+0.0192%	1h	65.969	−0.092%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0203%	4h	65.973	−0.086%	$5.6M	$9.5M	—	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	65.960	−0.106%	$75K	$363K	20x	as long as short
Bullet SILVER-USD	+0.0208%	1h	65.981	−0.074%	$44K	$75K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.121%	$1.8M	$1.0M	20x	as long as short
Binance XAGUSDT	+0.0211%	4h	65.970	−0.091%	$191.1M	$702.8M	100x	as long as short
MEXC SILVER_USDT	+0.0212%	4h	65.970	−0.091%	$112.9M	$151.6M	1000x	as long as short
Aftermath Perps XAGUSDshort	+0.0222%	1h	65.946	−0.127%	$79K	$36K	10x
edgeX XAGUSDC	+0.0234%	4h	65.993	−0.057%	$670K	$310K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0235%	8h	65.980	−0.076%	$27.6M	$64.7M	50x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.970	−0.091%	$23.9M	$45.6M	100x	as long as short
BloFin XAG-USDT	+0.0259%	4h	65.980	−0.076%	$2.6M	$553K	100x	as long as short
Hibachi XAG/USDT-P	+0.0368%	1h	65.920	−0.167%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	65.975	−0.083%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0625%	1h	65.933	−0.147%	$910K	$683K	25x	as long as short