Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.004%

Price spread now: Aevo against KuCoin+0.042%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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 pays, funding is against you. Aevo is 0.042% dearer against KuCoin than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XAGUSDTM	66.170	0.0100	pay 0.0050% / 4h	1h 46m	$24.3M	$4.5M	75x
Short	Aevo XAG-PERP	66.198	0.0056	get 0.0007% / 1h	46m 08s	$48K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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 KuCoinbpFee AevobpOrdersPrice spread, now +0.042%Rate

Funding earned: −$9.24
Price spread: +0.042% → 0.000%: $4.16
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$33.08
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	0.76 bp	7.3 bp −$7	15.4 bp −$154	doesn't fit	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 43 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
Kraken Futures PF_XAGUSD	−0.0272%	1h	66.175	+0.008%	$777K	$586K	25x	as long as short
Hotstuff SILVER-PERP	−0.0072%	1h	66.161	−0.014%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.121	−0.074%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.210	+0.060%	$25.5M	$34.1M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.204	+0.052%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.190	+0.030%	$146.4M	$171.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.210	+0.060%	$2K	$3.2M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.250	+0.121%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.210	+0.060%	$1.5M	$247K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.137	−0.050%	$120K	—	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XAGUSDT	+0.0004%	4h	66.210	+0.060%	$23.7M	$48.6M	100x	as long as short
Aster XAGUSDT	+0.0006%	4h	66.202	+0.049%	$2.8M	$1.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0008%	4h	66.209	+0.059%	$395K	$1.6M	25x	as long as short
QFEX SILVER-USD	+0.0016%	1h	66.190	+0.030%	$144K	$2.8M	20x	as long as short
BloFin XAG-USDT	+0.0029%	4h	66.180	+0.015%	$2.5M	$1.0M	100x	as long as short
Variational Omni XAG	+0.0031%	4h	66.189	+0.029%	$5.4M	$10.7M	—	as long as short
Lighter RH XAG	+0.0032%	1h	66.172	+0.003%	$4.5M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.138	−0.048%	$5.5M	$14.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.348%	$11K	$94K	52x	as long as short
MEXC SILVER_USDT	+0.0040%	4h	66.210	+0.060%	$116.8M	$181.1M	1000x	as long as short
StandX XAG-USD	+0.0040%	1h	66.150	−0.030%	$792K	$2.8M	40x	as long as short
Binance XAGUSDT	+0.0042%	4h	66.210	+0.060%	$189.2M	$759.5M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.638	+0.707%	—	—	25x	as long as short
Lighter XAG	+0.0048%	1h	66.180	+0.016%	$5.2M	$10.7M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.162	−0.012%	$164.0M	$91.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.166	−0.006%	$3.9M	$715K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.138	−0.048%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.120	−0.076%	$5.6M	$9.9M	25x	as long as short
Kalshi KXSILVERPERP	+0.0054%	24h	66.155	−0.023%	$589K	$21.6M	8.1x	as long as short
Aevo XAG-PERPshort	+0.0056%	1h	66.198	+0.042%	$48K	—	10x
edgeX XAGUSDC	+0.0056%	4h	66.191	+0.031%	$671K	$315K	30x	as long as short
Phoenix SILVER	+0.0073%	1h	66.148	−0.033%	$56K	$26K	25x	as long as short
Aftermath Perps XAGUSD	+0.0078%	1h	66.162	−0.012%	$80K	$40K	10x	as long as short
Paradex XAG-USD-PERP	+0.0091%	8h	66.185	+0.022%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.151	−0.029%	$474K	$641K	10x	as long as short
KuCoin XAGUSDTMlong	+0.0100%	4h	66.170	long leg	$24.3M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.150	−0.030%	$113K	$51K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.180	+0.015%	$1.9M	$888K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0141%	8h	66.210	+0.060%	$27.2M	$67.5M	50x	as long as short
Nado XAG-PERP	+0.0156%	1h	66.148	−0.034%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0184%	1h	66.209	+0.060%	$44K	$74K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0360% / S −0.0369%	1h	66.205	+0.053%	$103K	—	29x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0808%	1h	66.220	+0.076%	$60K	$354K	20x	as long as short