Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: KuCoin against Vest−0.674%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 KuCoin

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. KuCoin is 0.674% cheaper against Vest than usual: you would sell low and buy high (spread −0.674% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$67 on $10k: about 41 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	66.478	0.0046	pay 0.0006% / 1h	14m 22s	—	—	25x
Short	KuCoin XAGUSDTM	66.030	0.0100	get 0.0050% / 4h	3h 14m	$24.4M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.674%Rate

Funding earned: $11.41
Price spread: −0.674% → 0.000%: −$67.39
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$69.98
Costs to cover: 0.140%
Break-even: 49.9 days

Slippage unknown: Vest: no order-book sample; KuCoin: 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 KuCoin live order book, 5 min ago	0.76 bp	7.4 bp −$7	14.7 bp −$147	doesn't fit	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
Ondo Perps XAG-USD.P	−0.0057%	1h	65.960	−0.779%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.736%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.080	−0.599%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.080	−0.599%	$1.0M	$949K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.070	−0.614%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.993	−0.729%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.024	−0.683%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.048	−0.647%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.993	−0.729%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.117%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDT	+0.0034%	4h	66.080	−0.599%	$149.9M	$164.2M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	66.060	−0.629%	$795K	$3.0M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.478	long leg	—	—	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	66.024	−0.683%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.994	−0.728%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0054%	1h	66.024	−0.683%	$166.3M	$74.0M	25x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	66.041	−0.657%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.050	−0.644%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0073%	1h	66.008	−0.707%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	66.011	−0.702%	$557K	$26.4M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.065	−0.621%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	66.003	−0.715%	$470K	$605K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	66.030	−0.674%	$24.4M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.010	−0.704%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0112%	1h	66.046	−0.650%	$5.2M	$10.9M	25x	as long as short
Bybit XAGUSDT	+0.0113%	4h	66.070	−0.614%	$27.8M	$36.5M	150x	as long as short
Aster XAGUSDT	+0.0121%	4h	66.061	−0.628%	$2.7M	$866K	100x	as long as short
Variational Omni XAG	+0.0165%	4h	66.053	−0.639%	$5.6M	$9.5M	—	as long as short
BloFin XAG-USDT	+0.0165%	4h	66.060	−0.629%	$2.6M	$563K	100x	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.053	−0.640%	$47K	—	10x	as long as short
Nado XAG-PERP	+0.0176%	1h	66.012	−0.701%	$1.4M	$5.8M	10x	as long as short
MEXC SILVER_USDT	+0.0176%	4h	66.060	−0.629%	$115.0M	$152.7M	1000x	as long as short
Binance XAGUSDT	+0.0177%	4h	66.067	−0.618%	$191.6M	$702.0M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0178%	4h	66.079	−0.599%	$395K	$1.5M	25x	as long as short
edgeX XAGUSDC	+0.0186%	4h	66.058	−0.631%	$670K	$312K	30x	as long as short
Aftermath Perps XAGUSD	+0.0191%	1h	66.046	−0.649%	$80K	$36K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	66.030	−0.674%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0225%	8h	66.070	−0.614%	$27.7M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.060	−0.629%	$23.9M	$45.2M	100x	as long as short
Bullet SILVER-USD	+0.0231%	1h	66.064	−0.623%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.020	−0.689%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.040	−0.659%	$75K	$363K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.065	−0.621%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.029	−0.676%	$911K	$683K	25x	as long as short