Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Nado against RISEx−0.065%7-day average −0.025% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$180.181% of the position

Long on RISEx Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.019%+$2 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.065%, 7d avg −0.025%

Together, before fees+0.091%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.040% cheaper against RISEx than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAG/USDC	64.952	0.0158	pay 0.0020% / 1h	37m 31s	$1.2M	$4.9M	20x
Short	Nado XAG-PERP	64.910	0.0158	get 0.0020% / 1h	37m 31s	$1.2M	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.065%Rate

Funding earned: $0.09
Price spread: −0.065% → −0.025%: −$4
Slippage, 4 orders: −$5.1
Fee RISEx: 3 bp × 2 orders: −$6
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$22
Costs to cover: 0.181%
Break-even: 1698.8 days

Slippage from RISEx: live order book, 1 min ago; Nado: live order book, 1 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, 1 min ago	1.36 bp	4.4 bp −$4	5.6 bp −$56	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	0.31 bp	4.6 bp −$5	7.7 bp −$77	32.1 bp −$3,214	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
dYdX XAG-USD	0.0000%	1h	64.862	−0.139%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	64.950	−0.004%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	64.970	+0.027%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	64.950	−0.004%	$1.4M	$308K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.850	−0.157%	$117K	—	250x	as long as short
Variational Omni XAG	+0.0012%	4h	64.904	−0.074%	$5.3M	$9.1M	—	as long as short
Lighter RH XAG	+0.0032%	1h	64.950	−0.004%	$4.6M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.892	−0.092%	$5.0M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.229%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	64.970	+0.027%	$138.8M	$181.5M	100x	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	64.940	−0.019%	$781K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.347	+0.608%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	64.930	−0.034%	$445K	$1.5M	20x	as long as short
MEXC SILVER_USDT	+0.0048%	4h	64.930	−0.034%	$120.8M	$158.0M	1000x	as long as short
Binance XAGUSDT	+0.0050%	4h	64.920	−0.050%	$195.9M	$768.2M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.868	−0.130%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.877	−0.116%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.830	−0.188%	$5.6M	$9.9M	25x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	64.936	−0.025%	$29K	$166	5x	as long as short
edgeX XAGUSDC	+0.0061%	4h	64.937	−0.023%	$661K	$313K	30x	as long as short
Aevo XAG-PERP	+0.0064%	1h	64.917	−0.054%	$47K	—	10x	as long as short
Aster XAGUSDT	+0.0065%	4h	64.932	−0.032%	$2.6M	$997K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	64.900	−0.081%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0084%	24h	64.875	−0.119%	$484K	$33.8M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0088%	1h	64.925	−0.042%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	64.895	−0.089%	$463K	$592K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	64.900	−0.081%	$25.2M	$4.5M	75x	as long as short
GRVT XAG_USDT_Perp	+0.0100%	4h	64.907	−0.070%	$390K	$1.6M	25x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.880	−0.111%	$111K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	64.865	−0.135%	$55K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0138%	1h	64.900	−0.081%	$174.1M	$86.4M	25x	as long as short
RISEx XAG/USDClong	+0.0158%	1h	64.952	long leg	$1.2M	$4.9M	20x
Nado XAG-PERPshort	+0.0158%	1h	64.910	−0.065%	$1.2M	$4.3M	10x
Bybit XAGUSDT	+0.0164%	4h	64.960	+0.012%	$29.3M	$41.9M	150x	as long as short
Bitget XAGUSDT	+0.0186%	4h	64.940	−0.019%	$23.1M	$45.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0191%	8h	64.950	−0.004%	$28.6M	$72.5M	50x	as long as short
BloFin XAG-USDT	+0.0197%	4h	64.950	−0.004%	$2.7M	$646K	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0212%	1h	64.920	−0.050%	$76K	$426K	20x	as long as short
Aftermath Perps XAGUSD	+0.0215%	1h	64.911	−0.064%	$78K	$37K	10x	as long as short
Lighter XAG	+0.0232%	1h	64.948	−0.006%	$5.3M	$11.0M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0237% / S −0.0196%	1h	64.945	−0.011%	$92K	—	111x	as long as short
Bullet SILVER-USD	+0.0301%	1h	64.942	−0.016%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	64.878	−0.114%	$20K	$15K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0420%	1h	64.913	−0.061%	$1.0M	$868K	25x	as long as short