Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.010%

Price spread now: Aster against SoDEX+0.060%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.060% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SILVER-USD	65.634	0.0050	pay 0.0006% / 1h	51m 45s	$3K	$6K	20x
Short	Aster XAGUSDT	65.673	0.0111	get 0.0055% / 4h	1h 51m	$2.7M	$1.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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 SoDEXbpFee AsterbpOrdersPrice spread, now +0.060%Rate

Funding earned: $12.78
Price spread: +0.060% → 0.000%: $5.95
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: $2.74
Costs to cover: 0.160%
Break-even: 5.5 days

Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 5 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	0.76 bp	4.8 bp −$5	6.4 bp −$64	12.1 bp −$1,206	doesn't fit

SoDEX: 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 exchanges

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	−1.5176%	1h	65.532	−0.155%	$36K	$23K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.651	+0.026%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.680	+0.070%	$138.5M	$203.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.750	+0.177%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.790	+0.238%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.750	+0.177%	$1.5M	$251K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0002%	1h	65.580	−0.082%	$5.7M	$11.0M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.658	+0.036%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.662	+0.043%	$4.5M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.620	−0.021%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.572%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.680	+0.070%	$790K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.160	+0.801%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.692	+0.088%	$3.8M	$894K	20x	as long as short
SoDEX SILVER-USDlong	+0.0050%	1h	65.634	long leg	$3K	$6K	20x
tradeXYZ xyz:SILVER	+0.0051%	1h	65.635	+0.002%	$174.6M	$94.0M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.680	+0.070%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.658	+0.036%	$29K	$166	5x	as long as short
Variational Omni XAG	+0.0096%	4h	65.678	+0.067%	$5.7M	$9.1M	—	as long as short
Kalshi KXSILVERPERP	+0.0099%	24h	65.716	+0.125%	$711K	$38.6M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.617	−0.026%	$467K	$570K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.650	+0.024%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.650	+0.024%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	+0.085%	$1.6M	$1.9M	20x	as long as short
Aster XAGUSDTshort	+0.0111%	4h	65.673	+0.060%	$2.7M	$1.1M	100x
Aevo XAG-PERP	+0.0112%	1h	65.722	+0.135%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0113%	4h	65.676	+0.064%	$191.8M	$864.6M	100x	as long as short
MEXC SILVER_USDT	+0.0114%	4h	65.660	+0.040%	$121.9M	$162.8M	1000x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.689	+0.084%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0122%	1h	65.676	+0.064%	$55K	$14K	25x	as long as short
edgeX XAGUSDC	+0.0134%	4h	65.652	+0.028%	$669K	$313K	30x	as long as short
Bybit XAGUSDT	+0.0137%	4h	65.700	+0.101%	$30.6M	$48.2M	150x	as long as short
Nado XAG-PERP	+0.0141%	1h	65.672	+0.057%	$1.2M	$3.6M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0146%	4h	65.726	+0.141%	$396K	$1.5M	25x	as long as short
Lighter XAG	+0.0152%	1h	65.674	+0.061%	$5.2M	$11.6M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.720	+0.131%	$77K	$411K	20x	as long as short
Bullet SILVER-USD	+0.0209%	1h	65.755	+0.184%	$45K	$74K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0213%	8h	65.700	+0.101%	$28.0M	$85.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0216%	1h	65.665	+0.047%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0244%	4h	65.690	+0.085%	$23.2M	$52.8M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0269% / S −0.0236%	1h	65.745	+0.169%	$93K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	65.658	+0.036%	$21K	$12K	10x	as long as short
BloFin XAG-USDT	+0.0358%	4h	65.720	+0.131%	$2.7M	$772K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.712	+0.119%	$1.0M	$943K	25x	as long as short