Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.010%

Price spread now: Gate against Vest−0.613%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 Gate

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.613% cheaper against Vest than usual: you would sell low and buy high (−$61 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	66.115	0.0046	pay 0.0006% / 1h	56m 15s	—	—	25x
Short	Gate XAG_USDT	65.710	0	get 0.0000% / 4h	1h 56m	$139.4M	$203.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.613%Rate

Funding earned: −$9.59
Price spread: −0.613% → 0.000%: −$61.26
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$87.85
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago	0.76 bp	8.3 bp −$8	9.6 bp −$96	12.1 bp −$1,213	14.7 bp −$7,338

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 exchanges

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
Hotstuff SILVER-PERP	−1.5176%	1h	65.532	−0.882%	$36K	$23K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0023%	1h	65.580	−0.809%	$5.7M	$11.0M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.593	−0.790%	$13K	$8K	5x	as long as short
Gate XAG_USDTshort	0.0000%	4h	65.710	−0.613%	$139.4M	$203.0M	100x
SunX XAG-USDT	0.0000%	4h	65.700	−0.628%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.730	−0.582%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.700	−0.628%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.594	−0.789%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.691	−0.642%	$4.5M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.643	−0.715%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−2.288%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.690	−0.643%	$790K	$3.0M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.115	long leg	—	—	25x
tradeXYZ xyz:SILVER	+0.0050%	1h	65.665	−0.681%	$174.7M	$94.0M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.660	−0.688%	$3.8M	$894K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.605	−0.771%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.660	−0.688%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	65.673	−0.669%	$29K	$166	5x	as long as short
Kalshi KXSILVERPERP	+0.0098%	24h	65.648	−0.706%	$699K	$38.6M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.639	−0.719%	$467K	$570K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.660	−0.688%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.700	−0.628%	$112K	$19K	50x	as long as short
Variational Omni XAG	+0.0101%	4h	65.650	−0.704%	$5.7M	$9.1M	—	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	−0.643%	$1.6M	$1.9M	20x	as long as short
Phoenix SILVER	+0.0110%	1h	65.621	−0.747%	$55K	$14K	25x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.700	−0.628%	$1.2M	$4.9M	20x	as long as short
Binance XAGUSDT	+0.0120%	4h	65.700	−0.628%	$191.8M	$862.8M	100x	as long as short
Aevo XAG-PERP	+0.0120%	1h	65.692	−0.640%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	65.690	−0.643%	$121.7M	$162.6M	1000x	as long as short
Aster XAGUSDT	+0.0122%	4h	65.674	−0.668%	$2.7M	$1.1M	100x	as long as short
edgeX XAGUSDC	+0.0129%	4h	65.604	−0.773%	$668K	$315K	30x	as long as short
Nado XAG-PERP	+0.0157%	1h	65.662	−0.685%	$1.2M	$3.7M	10x	as long as short
Bybit XAGUSDT	+0.0160%	4h	65.710	−0.613%	$30.5M	$47.9M	150x	as long as short
GRVT XAG_USDT_Perp	+0.0160%	4h	65.726	−0.588%	$396K	$1.5M	25x	as long as short
Lighter XAG	+0.0176%	1h	65.699	−0.629%	$5.1M	$11.6M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.690	−0.643%	$77K	$411K	20x	as long as short
Bullet SILVER-USD	+0.0209%	1h	65.710	−0.613%	$45K	$74K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	65.700	−0.628%	$28.0M	$85.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0219%	1h	65.619	−0.751%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.710	−0.613%	$23.2M	$52.7M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0267% / S −0.0235%	1h	65.665	−0.681%	$93K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0280%	1h	65.696	−0.633%	$21K	$12K	10x	as long as short
BloFin XAG-USDT	+0.0363%	4h	65.650	−0.703%	$2.7M	$771K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.671	−0.671%	$1.0M	$943K	25x	as long as short