Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.008%

Price spread now: Aster against tradeXYZ+0.078%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.289% of the position

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.078%, 7d avg +0.075%

Together, before fees−0.102%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SILVER	65.364	0.0050	pay 0.0006% / 1h	42m 14s	$170.2M	$83.8M	25x
Short	Aster XAGUSDT	65.415	0.0046	get 0.0023% / 4h	1h 42m	$2.7M	$970K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$0.85
Price spread: +0.078% → +0.075%: $0.28
Slippage, 4 orders: −$2.89
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$29.45
Costs to cover: 0.289%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 8 min ago; Aster: 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 tradeXYZ live order book, 8 min ago	0.08 bp	10.3 bp −$10	11.0 bp −$110	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	0.76 bp	4.8 bp −$5	6.7 bp −$67	13.1 bp −$1,307	doesn't fit

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	−0.0120%	1h	65.374	+0.015%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0083%	1h	65.280	−0.129%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0024%	1h	65.383	+0.029%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.350	−0.021%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.420	+0.086%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.460	+0.147%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.420	+0.086%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.366	+0.003%	$118K	—	250x	as long as short
Bybit XAGUSDT	+0.0021%	4h	65.410	+0.070%	$28.4M	$39.6M	150x	as long as short
Gate XAG_USDT	+0.0026%	4h	65.420	+0.086%	$141.4M	$180.9M	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	65.401	+0.057%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.361	−0.004%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.585%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.420	+0.086%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.829	+0.711%	—	—	25x	as long as short
Aster XAGUSDTshort	+0.0046%	4h	65.415	+0.078%	$2.7M	$970K	100x
QFEX SILVER-USD	+0.0050%	1h	65.400	+0.055%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVERlong	+0.0050%	1h	65.364	long leg	$170.2M	$83.8M	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	65.369	+0.008%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.350	−0.021%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.384	+0.030%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.410	+0.070%	$1.3M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.384	+0.031%	$56K	$31K	25x	as long as short
Variational Omni XAG	+0.0070%	4h	65.414	+0.076%	$5.5M	$9.4M	—	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.383	+0.029%	$491K	$30.2M	8.1x	as long as short
Binance XAGUSDT	+0.0078%	4h	65.410	+0.070%	$189.8M	$763.4M	100x	as long as short
MEXC SILVER_USDT	+0.0078%	4h	65.390	+0.040%	$115.1M	$157.1M	1000x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.409	+0.068%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0090%	4h	65.433	+0.106%	$666K	$314K	30x	as long as short
Lighter XAG	+0.0096%	1h	65.404	+0.061%	$5.4M	$11.3M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.342	−0.034%	$467K	$627K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.370	+0.009%	$24.6M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.410	+0.070%	$112K	$19K	50x	as long as short
Nado XAG-PERP	+0.0109%	1h	65.366	+0.003%	$1.2M	$5.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0120%	4h	65.397	+0.051%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	+0.024%	$1.6M	$1.4M	20x	as long as short
Bullet SILVER-USD	+0.0152%	1h	65.425	+0.094%	$43K	$77K	10x	as long as short
Bitget XAGUSDT	+0.0186%	4h	65.400	+0.055%	$23.8M	$46.6M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0190%	8h	65.400	+0.055%	$27.9M	$71.3M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.400	+0.055%	$65K	$373K	20x	as long as short
Aftermath Perps XAGUSD	+0.0211%	1h	65.399	+0.053%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0317%	4h	65.450	+0.132%	$2.6M	$616K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0318% / S −0.0301%	1h	65.425	+0.093%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.382	+0.027%	$916K	$746K	25x	as long as short