Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0051%/8h= +5.5% APRpaid last 24h 0.000%

Price spread now: Aster against RISEx+0.003%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$180.178% of the position

Long on RISEx Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.040%−$4 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.003%, 7d avg +0.010%

Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAG/USDC	66.019	0.0080	pay 0.0010% / 1h	24m 27s	$1.3M	$4.9M	20x
Short	Aster XAGUSDT	66.021	0.0131	get 0.0066% / 4h	3h 24m	$2.7M	$871K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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 RISExbpFee AsterbpOrdersPrice spread, now +0.003%Rate

Funding earned: $10.64
Price spread: +0.003% → +0.010%: −$0.64
Slippage, 4 orders: −$3.82
Fee RISEx: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.83
Costs to cover: 0.178%
Break-even: 12.1 days

Slippage from RISEx: live order book, 5 min ago; Aster: live order book, 4 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 RISEx live order book, 5 min ago	0.39 bp	3.4 bp −$3	4.2 bp −$42	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	1.51 bp	5.5 bp −$6	7.2 bp −$72	12.2 bp −$1,223	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	−0.0054%	1h	65.900	−0.180%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.129%	$14K	—	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.030	+0.017%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.060	+0.062%	$1.0M	$964K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.030	+0.017%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.965	−0.081%	$120K	—	250x	as long as short
Gate XAG_USDT	+0.0004%	4h	66.030	+0.017%	$149.8M	$163.8M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	66.002	−0.026%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.953	−0.100%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.577%	$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	66.030	+0.017%	$794K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.449	+0.651%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.988	−0.047%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.965	−0.082%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0052%	1h	65.978	−0.062%	$165.8M	$73.6M	25x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	66.001	−0.026%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.000	−0.029%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0073%	1h	65.955	−0.097%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	65.998	−0.032%	$517K	$26.1M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0080%	1h	65.992	−0.041%	$35K	$21K	20x	as long as short
RISEx XAG/USDClong	+0.0080%	1h	66.019	long leg	$1.3M	$4.9M	20x
Pacifica XAG	+0.0100%	1h	65.957	−0.094%	$470K	$608K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.980	−0.059%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.980	−0.059%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	65.999	−0.030%	$5.2M	$10.7M	25x	as long as short
Bybit XAGUSDT	+0.0127%	4h	66.040	+0.032%	$27.7M	$36.6M	150x	as long as short
Aster XAGUSDTshort	+0.0131%	4h	66.021	+0.003%	$2.7M	$871K	100x
Nado XAG-PERP	+0.0171%	1h	65.984	−0.052%	$1.4M	$5.8M	10x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.012	−0.011%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.013	−0.009%	$5.6M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0187%	4h	66.020	+0.002%	$191.0M	$701.4M	100x	as long as short
MEXC SILVER_USDT	+0.0188%	4h	66.010	−0.013%	$114.6M	$152.5M	1000x	as long as short
BloFin XAG-USDT	+0.0191%	4h	66.030	+0.017%	$2.6M	$562K	100x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	65.980	−0.058%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0196%	4h	66.015	−0.007%	$670K	$310K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0204%	4h	66.021	+0.004%	$394K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.010	−0.013%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.104%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0227%	8h	66.020	+0.002%	$27.7M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0228%	1h	66.024	+0.008%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0232%	4h	66.020	+0.002%	$23.9M	$45.2M	100x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	65.981	−0.057%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.025	+0.009%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.997	−0.034%	$911K	$683K	25x	as long as short