Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0092%/8h= +10.0% APRpaid last 24h +0.014%

Price spread now: Aftermath Perps against MEXC−0.019%7-day average — · you buy dearer than you sell

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

Long on MEXC 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SILVER_USDT	66.550	0.0098	pay 0.0049% / 4h	3h 31m	$108.4M	$160.2M	1000x
Short	Aftermath Perps XAGUSD	66.537	0.0190	get 0.0024% / 1h	31m 05s	$80K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against MEXC. 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 MEXCbpFee Aftermath PerpsbpOrdersPrice spread, now −0.019%Rate

Funding earned: $19.22
Price spread: −0.019% → 0.000%: −$1.9
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $8.32
Costs to cover: 0.090%
Break-even: 4.0 days

Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$75	2.5 bp −$1,255
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
Hotstuff SILVER-PERP	−0.0008%	1h	66.517	−0.050%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.490	−0.091%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.570	+0.030%	$26.1M	$35.3M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.560	+0.015%	$155.3M	$167.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.560	+0.015%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.610	+0.090%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.600	+0.075%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.490	−0.090%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.535	−0.022%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.490	−0.090%	$5.4M	$12.4M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.225%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.560	+0.015%	$801K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.990	+0.661%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.543	−0.011%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.516	−0.051%	$165.4M	$85.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.524	−0.039%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.488	−0.093%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.440	−0.165%	$5.7M	$9.7M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.540	−0.015%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.503	−0.071%	$567K	$21.5M	8.1x	as long as short
Aster XAGUSDT	+0.0084%	4h	66.550	0.000%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAG	+0.0087%	4h	66.545	−0.008%	$5.6M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0093%	8h	66.544	−0.009%	$30K	$1K	5x	as long as short
MEXC SILVER_USDTlong	+0.0098%	4h	66.550	long leg	$108.4M	$160.2M	1000x
Binance XAGUSDT	+0.0099%	4h	66.548	−0.003%	$192.7M	$722.2M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.496	−0.081%	$475K	$626K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.520	−0.045%	$24.6M	$4.5M	75x	as long as short
GRVT XAG_USDT_Perp	+0.0100%	4h	66.606	+0.084%	$394K	$1.5M	25x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.540	−0.015%	$127K	$24K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.540	−0.015%	$48K	—	10x	as long as short
BloFin XAG-USDT	+0.0111%	4h	66.600	+0.075%	$2.6M	$703K	100x	as long as short
Lighter XAG	+0.0112%	1h	66.544	−0.009%	$5.4M	$10.5M	25x	as long as short
edgeX XAGUSDC	+0.0117%	4h	66.616	+0.099%	$676K	$315K	30x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.553	+0.005%	$1.3M	$4.3M	20x	as long as short
Nado XAG-PERP	+0.0164%	1h	66.500	−0.075%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0168%	4h	66.550	0.000%	$24.5M	$48.1M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.580	+0.045%	$1.9M	$929K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.560	+0.015%	$27.9M	$67.3M	50x	as long as short
Aftermath Perps XAGUSDshort	+0.0190%	1h	66.537	−0.019%	$80K	$39K	10x
Bullet SILVER-USD	+0.0217%	1h	66.567	+0.026%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0240%	1h	66.519	−0.047%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.555	+0.008%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.540	−0.015%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.514	−0.054%	$765K	$565K	25x	as long as short