Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.023%

Price spread now: BloFin against Vest−0.615%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 BloFin

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 · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.615% cheaper against Vest than usual: you would sell low and buy high (spread −0.615% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$61 on $10k: about 17 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	65.734	0.0046	pay 0.0006% / 1h	49m 31s	—	—	25x
Short	BloFin XAG-USDT	65.330	0.0166	get 0.0083% / 4h	49m 31s	$2.7M	$582K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.615%Rate

Funding earned: $25.33
Price spread: −0.615% → 0.000%: −$61.46
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$50.13
Costs to cover: 0.140%
Break-even: 20.8 days

Slippage unknown: Vest: no order-book sample; BloFin: 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 BloFin live order book, 4 min ago	3.06 bp	9.1 bp −$9	9.1 bp −$91	10.8 bp −$1,076	17.4 bp −$8,680

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
Ondo Perps XAG-USD.P	−0.0057%	1h	65.190	−0.828%	$5.6M	$9.6M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.287	−0.680%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.330	−0.615%	$27.7M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.320	−0.630%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.360	−0.569%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.360	−0.569%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.261	−0.719%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0016%	4h	65.312	−0.642%	$5.5M	$9.1M	—	as long as short
Gate XAG_USDT	+0.0030%	4h	65.380	−0.539%	$141.3M	$176.8M	100x	as long as short
Aster XAGUSDT	+0.0030%	4h	65.317	−0.635%	$2.7M	$951K	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	65.314	−0.638%	$4.6M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.303	−0.655%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.013%	$11K	$94K	52x	as long as short
MEXC SILVER_USDT	+0.0040%	4h	65.320	−0.630%	$117.4M	$157.0M	1000x	as long as short
StandX XAG-USD	+0.0040%	1h	65.310	−0.645%	$786K	$2.9M	40x	as long as short
Binance XAGUSDT	+0.0041%	4h	65.320	−0.630%	$191.6M	$761.2M	100x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.300	−0.660%	$152K	$1.4M	20x	as long as short
Vest SI-PERPlong	+0.0046%	1h	65.734	long leg	—	—	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	65.288	−0.678%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.281	−0.689%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.342	−0.596%	$29K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0056%	1h	65.307	−0.650%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0057%	4h	65.317	−0.635%	$665K	$313K	30x	as long as short
Phoenix SILVER	+0.0061%	1h	65.287	−0.680%	$56K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0077%	1h	65.332	−0.612%	$169.7M	$81.6M	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.293	−0.671%	$477K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.360	−0.569%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.289	−0.677%	$469K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.330	−0.615%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.260	−0.721%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.321	−0.629%	$1.2M	$4.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0134%	4h	65.317	−0.635%	$384K	$1.6M	25x	as long as short
Lighter XAG	+0.0160%	1h	65.343	−0.595%	$5.3M	$11.1M	25x	as long as short
Bitget XAGUSDT	+0.0166%	4h	65.310	−0.645%	$23.7M	$45.4M	100x	as long as short
BloFin XAG-USDTshort	+0.0166%	4h	65.330	−0.615%	$2.7M	$582K	100x
Nado XAG-PERP	+0.0166%	1h	65.272	−0.703%	$1.2M	$4.8M	10x	as long as short
Hibachi XAG/USDT-P	+0.0168%	1h	65.287	−0.680%	$20K	$17K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0176%	8h	65.340	−0.599%	$28.1M	$70.6M	50x	as long as short
Hotstuff SILVER-PERP	+0.0192%	1h	65.332	−0.612%	$35K	$21K	20x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	65.303	−0.656%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.320	−0.630%	$65K	$387K	20x	as long as short
Bullet SILVER-USD	+0.0225%	1h	65.326	−0.621%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.325	−0.622%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.294	−0.669%	$1.0M	$872K	25x	as long as short