Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0111%/8h= +12.1% APRpaid last 24h +0.040%

Price spread now: Aftermath Perps against SunX−0.084%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Aftermath Perps

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

Funding pays, the price is against you. Aftermath Perps is 0.084% cheaper against SunX than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	66.230	0	get 0.0000% / 4h	1h 30m	$2K	$3.1M	20x
Short	Aftermath Perps XAGUSD	66.175	0.0111	get 0.0014% / 1h	30m 03s	$80K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SunX. 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 SunXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.084%Rate

Funding earned: $23.29
Price spread: −0.084% → 0.000%: −$8.35
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$2.06
Costs to cover: 0.170%
Break-even: 7.6 days

Slippage unknown: SunX: live order book, 7 min ago; Aftermath Perps: no order-book sample. 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 SunX live order book, 7 min ago	29.45 bp	33.5 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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 43 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
Kraken Futures PF_XAGUSD	−0.0272%	1h	66.198	−0.049%	$767K	$576K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.121	−0.164%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.230	0.000%	$25.5M	$33.3M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.226	−0.005%	$1.3M	$4.2M	20x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.183	−0.071%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.210	−0.030%	$146.4M	$172.5M	100x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.230	long leg	$2K	$3.1M	20x
HTX XAG-USDT	0.0000%	4h	66.240	+0.015%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.230	0.000%	$1.5M	$248K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.159	−0.107%	$120K	—	250x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SILVER-USD	+0.0016%	1h	66.210	−0.030%	$144K	$2.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.210	−0.030%	$4.7M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.155	−0.113%	$5.5M	$13.1M	10x	as long as short
Aster XAGUSDT	+0.0032%	4h	66.230	0.000%	$2.8M	$1.0M	100x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.257%	$11K	$94K	52x	as long as short
Bitget XAGUSDT	+0.0038%	4h	66.230	0.000%	$23.7M	$47.7M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	66.150	−0.121%	$792K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.654	+0.640%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.189	−0.062%	$164.9M	$88.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.194	−0.054%	$3.9M	$694K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.158	−0.109%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.120	−0.166%	$5.6M	$9.9M	25x	as long as short
Variational Omni XAG	+0.0055%	4h	66.207	−0.035%	$5.5M	$10.5M	—	as long as short
Kalshi KXSILVERPERP	+0.0056%	24h	66.184	−0.069%	$592K	$21.6M	8.1x	as long as short
MEXC SILVER_USDT	+0.0068%	4h	66.220	−0.015%	$117.0M	$181.6M	1000x	as long as short
Binance XAGUSDT	+0.0070%	4h	66.232	+0.003%	$189.6M	$731.0M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0072%	4h	66.220	−0.015%	$389K	$1.5M	25x	as long as short
Aevo XAG-PERP	+0.0072%	1h	66.221	−0.013%	$48K	—	10x	as long as short
Phoenix SILVER	+0.0073%	1h	66.131	−0.149%	$56K	$26K	25x	as long as short
edgeX XAGUSDC	+0.0079%	4h	66.198	−0.048%	$671K	$315K	30x	as long as short
BloFin XAG-USDT	+0.0085%	4h	66.210	−0.030%	$2.5M	$836K	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.167	−0.095%	$473K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.170	−0.091%	$24.3M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.151%	$113K	$26K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.190	−0.060%	$1.9M	$861K	20x	as long as short
Aftermath Perps XAGUSDshort	+0.0111%	1h	66.175	−0.084%	$80K	$40K	10x
Paradex XAG-USD-PERP	+0.0114%	8h	66.208	−0.033%	$30K	$1K	5x	as long as short
Lighter XAG	+0.0128%	1h	66.213	−0.026%	$5.1M	$10.9M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0161%	8h	66.220	−0.015%	$27.3M	$66.3M	50x	as long as short
Nado XAG-PERP	+0.0213%	1h	66.166	−0.097%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0261%	1h	66.237	+0.011%	$44K	$74K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.235	+0.008%	$103K	—	29x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.210	−0.030%	$51K	$360K	20x	as long as short