Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.024%

Price spread now: MEXC against StandX0.000%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$190.193% of the position

Long on StandX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days+0.018%+$2 · spread now 0.000%, 7d avg −0.001%

Together, before fees+0.002%+ Points / potential airdropStandX: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	65.330	0.0040	pay 0.0005% / 1h	28m 11s	$786K	$2.9M	40x
Short	MEXC SILVER_USDT	65.330	0.0064	get 0.0032% / 4h	1h 28m	$115.9M	$157.4M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against StandX. 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 StandXbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $5.04
Price spread: 0.000% → −0.001%: $0.07
Slippage, 4 orders: −$11.34
Fee StandX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$14.23
Costs to cover: 0.193%
Break-even: 26.8 days

Slippage from StandX: live order book, 1 min ago; MEXC: 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 StandX live order book, 1 min ago	3.06 bp	8.6 bp −$9	12.1 bp −$121	38.7 bp −$3,865	doesn't fit
Sell MEXC live order book, 1 min ago	0.76 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$76	3.1 bp −$1,561

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
Hibachi XAG/USDT-P	−0.0176%	1h	65.280	−0.077%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0093%	1h	65.220	−0.168%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0048%	1h	65.328	−0.003%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.295	−0.053%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.340	+0.015%	$28.0M	$39.8M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.350	+0.031%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.390	+0.092%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.360	+0.046%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.281	−0.075%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0022%	4h	65.360	+0.046%	$141.2M	$182.2M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.337	+0.010%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.281	−0.076%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.638%	$11K	$94K	52x	as long as short
StandX XAG-USDlong	+0.0040%	1h	65.330	long leg	$786K	$2.9M	40x
Aster XAGUSDT	+0.0041%	4h	65.340	+0.015%	$2.7M	$966K	100x	as long as short
Variational Omni XAG	+0.0043%	4h	65.344	+0.021%	$5.5M	$9.4M	—	as long as short
Vest SI-PERP	+0.0046%	1h	65.753	+0.647%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.330	0.000%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.307	−0.035%	$170.3M	$83.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.297	−0.051%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.278	−0.080%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.325	−0.007%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.348	+0.028%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.313	−0.026%	$56K	$31K	25x	as long as short
MEXC SILVER_USDTshort	+0.0064%	4h	65.330	0.000%	$115.9M	$157.4M	1000x
Binance XAGUSDT	+0.0064%	4h	65.340	+0.015%	$190.1M	$763.5M	100x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.328	−0.003%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0073%	4h	65.347	+0.026%	$665K	$314K	30x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.316	−0.021%	$487K	$30.8M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.307	−0.035%	$467K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.310	−0.031%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.340	+0.015%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0114%	4h	65.360	+0.046%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	+0.077%	$1.6M	$1.4M	20x	as long as short
Nado XAG-PERP	+0.0129%	1h	65.291	−0.060%	$1.2M	$5.4M	10x	as long as short
Lighter XAG	+0.0136%	1h	65.341	+0.017%	$5.4M	$11.4M	25x	as long as short
Bullet SILVER-USD	+0.0177%	1h	65.348	+0.028%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0178%	4h	65.340	+0.015%	$23.8M	$46.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0184%	8h	65.350	+0.031%	$28.0M	$71.0M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.320	−0.015%	$65K	$378K	20x	as long as short
Aftermath Perps XAGUSD	+0.0220%	1h	65.312	−0.027%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0260%	4h	65.350	+0.031%	$2.6M	$611K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.335	+0.008%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.308	−0.034%	$915K	$746K	25x	as long as short