Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.011%

Price spread now: Aster against Vest−0.651%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 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 · Aster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.651% cheaper against Vest than usual: you would sell low and buy high (spread −0.651% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$65 on $10k: about 24 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	Vest SI-PERP	66.066	0.0046	pay 0.0006% / 1h	59m 18s	—	—	25x
Short	Aster XAGUSDT	65.636	0.0135	get 0.0068% / 4h	2h 59m	$2.7M	$1.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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 VestbpFee AsterbpOrdersPrice spread, now −0.651%Rate

Funding earned: $18.81
Price spread: −0.651% → 0.000%: −$65.08
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: −$56.27
Costs to cover: 0.100%
Break-even: 27.9 days

Slippage unknown: Vest: no order-book sample; Aster: live order book, 4 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 Vest no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	1.52 bp	5.5 bp −$6	7.2 bp −$72	14.6 bp −$1,459	doesn't fit

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 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
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−2.216%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0040%	1h	65.530	−0.811%	$5.7M	$10.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.592	−0.717%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.630	−0.660%	$138.1M	$191.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.610	−0.690%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.640	−0.645%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.580	−0.736%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.591	−0.719%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.602	−0.703%	$4.5M	$9.2M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.565	−0.759%	$5.1M	$12.0M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.600	−0.705%	$789K	$3.0M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.066	long leg	—	—	25x
QFEX SILVER-USD	+0.0047%	1h	65.630	−0.660%	$436K	$1.5M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.619	−0.677%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.534	−0.805%	$3K	$6K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.570	−0.751%	$77K	$435K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0060%	1h	65.589	−0.722%	$174.4M	$92.3M	25x	as long as short
Nado XAG-PERP	+0.0061%	1h	65.601	−0.704%	$1.3M	$4.1M	10x	as long as short
Variational Omni XAG	+0.0076%	4h	65.573	−0.746%	$5.4M	$9.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0078%	8h	65.608	−0.693%	$29K	$166	5x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.570	−0.751%	$1.6M	$1.6M	20x	as long as short
Kalshi KXSILVERPERP	+0.0090%	24h	65.564	−0.760%	$660K	$36.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.581	−0.734%	$467K	$588K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.610	−0.690%	$25.4M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.570	−0.751%	$112K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	65.549	−0.783%	$56K	$12K	25x	as long as short
Hotstuff SILVER-PERP	+0.0120%	1h	65.612	−0.687%	$35K	$22K	20x	as long as short
MEXC SILVER_USDT	+0.0120%	4h	65.620	−0.675%	$114.6M	$156.3M	1000x	as long as short
Aevo XAG-PERP	+0.0120%	1h	65.579	−0.737%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0122%	4h	65.620	−0.675%	$193.7M	$822.4M	100x	as long as short
edgeX XAGUSDC	+0.0128%	4h	65.632	−0.657%	$669K	$315K	30x	as long as short
Aster XAGUSDTshort	+0.0135%	4h	65.636	−0.651%	$2.7M	$1.1M	100x
Bullet SILVER-USD	+0.0184%	1h	65.636	−0.651%	$45K	$75K	10x	as long as short
Aftermath Perps XAGUSD	+0.0197%	1h	65.537	−0.801%	$79K	$37K	10x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.630	−0.660%	$1.2M	$4.9M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0211%	8h	65.610	−0.690%	$28.3M	$81.1M	50x	as long as short
Lighter XAG	+0.0216%	1h	65.622	−0.672%	$5.1M	$11.2M	25x	as long as short
Bitget XAGUSDT	+0.0232%	4h	65.600	−0.705%	$23.0M	$49.3M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.585	−0.728%	$93K	—	111x	as long as short
Bybit XAGUSDT	+0.0275%	4h	65.620	−0.675%	$30.7M	$45.0M	150x	as long as short
GRVT XAG_USDT_Perp	+0.0302%	4h	65.567	−0.756%	$384K	$1.6M	25x	as long as short
BloFin XAG-USDT	+0.0364%	4h	65.580	−0.736%	$2.7M	$710K	100x	as long as short
Hibachi XAG/USDT-P	+0.0368%	1h	65.589	−0.722%	$21K	$12K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0772%	1h	65.587	−0.725%	$1.0M	$893K	25x	as long as short