Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX+0.690%49s7-day average — · you sell dearer than you buy

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

Long on SunX Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.690% dearer against SunX than usual: you sell high and buy low: +$69 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	SunX XAG-USDT	66.360	0	get 0.0000% / 4h	1h 54m	$2K	$2.8M	20x
Short	Vest SI-PERP	66.818	0.0046	get 0.0006% / 1h	54m 27s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.690%Rate

Funding earned: $9.59
Price spread: +0.690% → 0.000%: $69.02
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $68.61
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: SunX: live order book, 3 min ago; Vest: 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, 3 min ago	29.36 bp	33.4 bp −$33	62.5 bp −$625	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
dYdX XAG-USD	0.0000%	1h	66.350	−0.015%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.370	+0.015%	$152.3M	$161.5M	100x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.360	long leg	$2K	$2.8M	20x
HTX XAG-USDT	0.0000%	4h	66.390	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.400	+0.060%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.285	−0.113%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.400	+0.060%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.313	−0.071%	$5.3M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.060%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.370	+0.015%	$798K	$2.9M	40x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0042%	1h	66.260	−0.151%	$5.7M	$9.7M	25x	as long as short
Vest SI-PERPshort	+0.0046%	1h	66.818	+0.690%	—	—	25x
Phoenix SILVER	+0.0048%	1h	66.307	−0.080%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.347	−0.020%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.269	−0.137%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.360	0.000%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.307	−0.080%	$543K	$24.5M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.343	−0.026%	$472K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.360	0.000%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.330	−0.045%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0107%	1h	66.376	+0.024%	$166.1M	$74.6M	25x	as long as short
Paradex XAG-USD-PERP	+0.0141%	8h	66.391	+0.046%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0142%	4h	66.390	+0.045%	$2.7M	$943K	100x	as long as short
Bybit XAGUSDT	+0.0149%	4h	66.390	+0.045%	$26.7M	$36.2M	150x	as long as short
Lighter XAG	+0.0168%	1h	66.390	+0.045%	$5.3M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.340	−0.030%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.354	−0.009%	$5.5M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.380	+0.030%	$1.2M	$4.4M	20x	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.370	+0.015%	$111.6M	$151.6M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.330	−0.045%	$1.9M	$971K	20x	as long as short
Binance XAGUSDT	+0.0194%	4h	66.380	+0.030%	$192.3M	$706.9M	100x	as long as short
edgeX XAGUSDC	+0.0207%	4h	66.410	+0.075%	$674K	$313K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0217%	8h	66.380	+0.030%	$27.9M	$65.7M	50x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.309	−0.076%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0234%	1h	66.326	−0.052%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0247%	1h	66.313	−0.071%	$1.3M	$6.6M	10x	as long as short
Bitget XAGUSDT	+0.0256%	4h	66.380	+0.030%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0282%	4h	66.410	+0.075%	$399K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0291%	1h	66.363	+0.004%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0329% / S −0.0338%	1h	66.355	−0.008%	$103K	—	111x	as long as short
Hotstuff SILVER-PERP	+0.0344%	1h	66.376	+0.024%	$35K	$21K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0504%	1h	66.330	−0.045%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.312	−0.073%	$765K	$478K	25x	as long as short