Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.047%

Price spread now: Bitget against Vest−0.639%51s7-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 Bitget

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

Funding pays, the price is against you. Bitget is 0.639% cheaper against Vest than usual: you would sell low and buy high (spread −0.639% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$64 on $10k: about 5 months of funding at the current rate ($0 a day). The two prices were read 51 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	Vest SI-PERP	66.676	0.0046	pay 0.0006% / 1h	18m 39s	—	—	25x
Short	Bitget XAGUSDT	66.250	0.0060	get 0.0030% / 4h	1h 18m	$23.9M	$47.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.639%Rate

Funding earned: $3.01
Price spread: −0.639% → 0.000%: −$63.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$74.88
Costs to cover: 0.140%
Break-even: 181.3 days

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago	0.75 bp	7.5 bp −$7	9.7 bp −$97	16.8 bp −$1,678	53.9 bp −$26.9K

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
Kraken Futures PF_XAGUSD	−0.0272%	1h	66.204	−0.708%	$766K	$569K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.175	−0.751%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.250	−0.639%	$25.6M	$33.3M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.241	−0.652%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.240	−0.654%	$146.3M	$173.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.240	−0.654%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.270	−0.609%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.250	−0.639%	$1.5M	$248K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.168	−0.762%	$120K	—	250x	as long as short
QFEX SILVER-USD	+0.0016%	1h	66.220	−0.684%	$144K	$2.8M	20x	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	66.227	−0.674%	$4.7M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.173	−0.755%	$5.5M	$12.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.414%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.180	−0.744%	$792K	$2.7M	40x	as long as short
BloFin XAG-USDT	+0.0044%	4h	66.250	−0.639%	$2.5M	$847K	100x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.676	long leg	—	—	25x
tradeXYZ xyz:SILVER	+0.0050%	1h	66.201	−0.712%	$165.0M	$88.3M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.203	−0.709%	$3.9M	$694K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.166	−0.765%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.150	−0.789%	$5.7M	$9.9M	25x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	66.201	−0.712%	$35K	$21K	20x	as long as short
Aster XAGUSDT	+0.0057%	4h	66.252	−0.636%	$2.8M	$1.0M	100x	as long as short
Kalshi KXSILVERPERP	+0.0057%	24h	66.187	−0.733%	$583K	$21.3M	8.1x	as long as short
Bitget XAGUSDTshort	+0.0060%	4h	66.250	−0.639%	$23.9M	$47.7M	100x
Variational Omni XAG	+0.0064%	4h	66.237	−0.659%	$5.5M	$10.5M	—	as long as short
Phoenix SILVER	+0.0073%	1h	66.188	−0.732%	$56K	$26K	25x	as long as short
MEXC SILVER_USDT	+0.0078%	4h	66.240	−0.654%	$118.1M	$181.8M	1000x	as long as short
Binance XAGUSDT	+0.0081%	4h	66.240	−0.654%	$189.8M	$727.7M	100x	as long as short
edgeX XAGUSDC	+0.0084%	4h	66.235	−0.661%	$672K	$315K	30x	as long as short
Aevo XAG-PERP	+0.0088%	1h	66.227	−0.673%	$48K	—	10x	as long as short
Pacifica XAG	+0.0100%	1h	66.184	−0.738%	$473K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.210	−0.699%	$24.3M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.180	−0.744%	$113K	$26K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.190	−0.729%	$1.9M	$859K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0106%	4h	66.235	−0.662%	$390K	$1.5M	25x	as long as short
Paradex XAG-USD-PERP	+0.0116%	8h	66.227	−0.674%	$30K	$1K	5x	as long as short
Aftermath Perps XAGUSD	+0.0125%	1h	66.194	−0.722%	$80K	$40K	10x	as long as short
Lighter XAG	+0.0136%	1h	66.226	−0.675%	$5.2M	$11.0M	25x	as long as short
Hibachi XAG/USDT-P	+0.0136%	1h	66.196	−0.720%	$20K	$22K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0169%	8h	66.250	−0.639%	$27.3M	$66.3M	50x	as long as short
Nado XAG-PERP	+0.0221%	1h	66.180	−0.744%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0264%	1h	66.232	−0.666%	$44K	$74K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0302% / S −0.0300%	1h	66.235	−0.661%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.220	−0.684%	$51K	$359K	20x	as long as short