Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.6% APRpaid last 24h +0.018%

Price spread now: BloFin against SoDEX+0.130%56s7-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 BloFin

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.130% dearer against SoDEX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SILVER-USD	66.374	0.0050	pay 0.0006% / 1h	40m 11s	$4K	$5K	20x
Short	BloFin XAG-USDT	66.460	0.0082	get 0.0041% / 4h	40m 11s	$2.6M	$650K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.130%Rate

Funding earned: $6.81
Price spread: +0.130% → 0.000%: $12.96
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$0.23
Costs to cover: 0.200%
Break-even: 7.2 days

Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago	0.75 bp	6.8 bp −$7	6.8 bp −$68	7.9 bp −$793	13.0 bp −$6,519

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 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	66.370	−0.007%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.460	+0.130%	$25.8M	$33.7M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.440	+0.099%	$147.2M	$170.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.470	+0.145%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.500	+0.190%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	+0.145%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.372	−0.002%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.427	+0.080%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.377	+0.005%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.039%	$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
Phoenix SILVER	+0.0036%	1h	66.418	+0.066%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.410	+0.054%	$795K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.898	+0.789%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.426	+0.078%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USDlong	+0.0050%	1h	66.374	long leg	$4K	$5K	20x
Ondo Perps XAG-USD.P	+0.0050%	1h	66.360	−0.021%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.413	+0.059%	$589K	$21.2M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.460	+0.130%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0070%	1h	66.403	+0.044%	$165.5M	$87.6M	25x	as long as short
Hotstuff SILVER-PERP	+0.0080%	1h	66.435	+0.092%	$35K	$21K	20x	as long as short
BloFin XAG-USDTshort	+0.0082%	4h	66.460	+0.130%	$2.6M	$650K	100x
Variational Omni XAG	+0.0090%	4h	66.457	+0.125%	$5.6M	$10.1M	—	as long as short
Aster XAGUSDT	+0.0092%	4h	66.454	+0.121%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.414	+0.060%	$475K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.410	+0.054%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.370	−0.006%	$126K	$26K	50x	as long as short
MEXC SILVER_USDT	+0.0102%	4h	66.430	+0.084%	$114.4M	$152.9M	1000x	as long as short
Paradex XAG-USD-PERP	+0.0102%	8h	66.451	+0.116%	$30K	$1K	5x	as long as short
Binance XAGUSDT	+0.0103%	4h	66.447	+0.110%	$191.9M	$721.6M	100x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.441	+0.101%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.443	+0.104%	$674K	$316K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.425	+0.077%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0122%	4h	66.450	+0.115%	$24.2M	$47.9M	100x	as long as short
Aftermath Perps XAGUSD	+0.0149%	1h	66.433	+0.089%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0156%	4h	66.486	+0.168%	$399K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.420	+0.069%	$1.9M	$848K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0188%	8h	66.440	+0.099%	$27.6M	$66.1M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.473	+0.150%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0245%	1h	66.448	+0.112%	$46K	$75K	10x	as long as short
Nado XAG-PERP	+0.0250%	1h	66.403	+0.044%	$1.3M	$6.6M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.445	+0.107%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.409	+0.053%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0503%	1h	66.430	+0.084%	$50K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.420	+0.070%	$768K	$566K	25x	as long as short