Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0151%/8h= +16.6% APRpaid last 24h +0.013%

Price spread now: OKX against Vest−0.628%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 OKX

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. OKX is 0.628% cheaper against Vest than usual: you would sell low and buy high (spread −0.628% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$63 on $10k: about 14 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	67.051	0.0046	pay 0.0006% / 1h	15m 07s	—	—	25x
Short	OKX XAG-USDT-SWAP	66.630	0.0197	get 0.0197% / 8h	15m 07s	$28.0M	$66.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.628%Rate

Funding earned: $31.75
Price spread: −0.628% → 0.000%: −$62.79
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: −$43.03
Costs to cover: 0.120%
Break-even: 16.5 days

Slippage unknown: Vest: no order-book sample; OKX: 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 OKX live order book, 4 min ago	0.75 bp	5.8 bp −$6	7.0 bp −$70	12.4 bp −$1,236	84.9 bp −$42.4K

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
dYdX XAG-USD	0.0000%	1h	66.560	−0.732%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.650	−0.598%	$26.5M	$34.7M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.640	−0.613%	$156.1M	$174.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.610	−0.658%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.650	−0.598%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.620	−0.643%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.541	−0.760%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.603	−0.668%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.545	−0.755%	$5.5M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.971%	$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	66.531	−0.776%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.570	−0.717%	$797K	$2.7M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	67.051	long leg	—	—	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	66.577	−0.707%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.551	−0.746%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.520	−0.792%	$5.7M	$10.0M	25x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	66.579	−0.704%	$35K	$21K	20x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.564	−0.726%	$581K	$21.4M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.600	−0.673%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0071%	1h	66.594	−0.682%	$166.0M	$87.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.556	−0.739%	$481K	$618K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.570	−0.717%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.600	−0.673%	$127K	$26K	50x	as long as short
Variational Omni XAG	+0.0103%	4h	66.615	−0.650%	$5.6M	$10.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0105%	8h	66.597	−0.677%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0115%	4h	66.628	−0.630%	$2.8M	$1.1M	100x	as long as short
Lighter XAG	+0.0120%	1h	66.610	−0.657%	$5.2M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0120%	1h	66.607	−0.663%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	66.610	−0.658%	$115.2M	$153.4M	1000x	as long as short
Binance XAGUSDT	+0.0123%	4h	66.626	−0.635%	$191.9M	$724.0M	100x	as long as short
edgeX XAGUSDC	+0.0134%	4h	66.629	−0.629%	$676K	$316K	30x	as long as short
Bitget XAGUSDT	+0.0154%	4h	66.640	−0.613%	$24.4M	$48.2M	100x	as long as short
BloFin XAG-USDT	+0.0157%	4h	66.610	−0.658%	$2.6M	$652K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.640	−0.613%	$1.9M	$851K	20x	as long as short
Aftermath Perps XAGUSD	+0.0171%	1h	66.553	−0.742%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0180%	4h	66.634	−0.621%	$401K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAPshort	+0.0197%	8h	66.630	−0.628%	$28.0M	$66.8M	50x
RISEx XAG/USDC	+0.0208%	1h	66.623	−0.639%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0250%	1h	66.613	−0.653%	$45K	$75K	10x	as long as short
Nado XAG-PERP	+0.0254%	1h	66.564	−0.726%	$1.3M	$6.6M	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.564	−0.727%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.605	−0.665%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0501%	1h	66.610	−0.658%	$50K	$351K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0595%	1h	66.580	−0.702%	$764K	$588K	25x	as long as short