Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +0.022%

Price spread now: MEXC against Vest−0.647%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 MEXC

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. MEXC is 0.647% cheaper against Vest than usual: you would sell low and buy high (spread −0.647% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$65 on $10k: about 19 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	66.571	0.0046	pay 0.0006% / 1h	47m 35s	—	—	25x
Short	MEXC SILVER_USDT	66.140	0.0160	get 0.0080% / 4h	2h 47m	$116.4M	$151.8M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.647%Rate

Funding earned: $24.01
Price spread: −0.647% → 0.000%: −$64.74
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee MEXC: 0 bp × 2 orders: $0
Net: −$42.74
Costs to cover: 0.020%
Break-even: 19.5 days

Slippage unknown: Vest: no order-book sample; MEXC: 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 MEXC live order book, 1 min ago	0.76 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$76	2.9 bp −$1,466

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	−0.0029%	1h	66.020	−0.828%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.104	−0.702%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.150	−0.632%	$3K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.170	−0.602%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.150	−0.632%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.090	−0.723%	$121K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.146	−0.638%	$1.3M	$4.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.126	−0.668%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.082	−0.735%	$5.2M	$11.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.257%	$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
Phoenix SILVER	+0.0036%	1h	66.018	−0.831%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.140	−0.647%	$796K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0042%	4h	66.160	−0.617%	$149.9M	$154.0M	100x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.571	long leg	—	—	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	66.111	−0.691%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.092	−0.720%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.120	−0.677%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	66.125	−0.670%	$30K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0072%	1h	66.099	−0.709%	$166.6M	$73.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	66.109	−0.694%	$519K	$26.7M	8.1x	as long as short
Bybit XAGUSDT	+0.0077%	4h	66.150	−0.632%	$27.8M	$36.2M	150x	as long as short
Pacifica XAG	+0.0100%	1h	66.079	−0.739%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.100	−0.708%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.100	−0.708%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0108%	4h	66.146	−0.639%	$2.7M	$873K	100x	as long as short
Lighter XAG	+0.0136%	1h	66.130	−0.663%	$5.2M	$10.6M	25x	as long as short
BloFin XAG-USDT	+0.0146%	4h	66.130	−0.662%	$2.6M	$571K	100x	as long as short
Variational Omni XAG	+0.0151%	4h	66.143	−0.642%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0152%	1h	66.148	−0.636%	$47K	—	10x	as long as short
MEXC SILVER_USDTshort	+0.0160%	4h	66.140	−0.647%	$116.4M	$151.8M	1000x
Binance XAGUSDT	+0.0161%	4h	66.147	−0.637%	$191.3M	$701.9M	100x	as long as short
Nado XAG-PERP	+0.0164%	1h	66.107	−0.698%	$1.4M	$5.5M	10x	as long as short
edgeX XAGUSDC	+0.0174%	4h	66.143	−0.642%	$671K	$312K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.888%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	66.090	−0.723%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.130	−0.662%	$74K	$364K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.160	−0.617%	$395K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0220%	4h	66.140	−0.647%	$24.0M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0221%	8h	66.140	−0.647%	$27.7M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0230%	1h	66.151	−0.631%	$44K	$76K	10x	as long as short
Hotstuff SILVER-PERP	+0.0232%	1h	66.107	−0.697%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0328%	1h	66.100	−0.708%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.155	−0.625%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.120	−0.677%	$909K	$688K	25x	as long as short