Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.035%

Price spread now: HTX against Aevo+0.017%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAG-PERP	65.709	0.0136	pay 0.0017% / 1h	9m 07s	$47K	—	10x
Short	HTX XAG-USDT	65.720	0	get 0.0000% / 4h	2h 09m	$1.1M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aevo. 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 AevobpFee HTXbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$28.56
Price spread: +0.017% → 0.000%: $1.73
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee HTX: 6 bp × 2 orders: −$12
Net: −$54.83
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; HTX: 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 Aevo no order-book sample	—	—	—	—	—
Sell HTX live order book, 5 min ago	4.58 bp	10.6 bp −$11	11.8 bp −$118	14.0 bp −$1,399	doesn't fit

Aevo: 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	65.642	−0.101%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.710	+0.002%	$2K	$2.6M	20x	as long as short
HTX XAG-USDTshort	0.0000%	4h	65.720	+0.017%	$1.1M	$1.1M	75x
Phemex XAGUSDT	0.0000%	4h	65.680	−0.044%	$1.5M	$280K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0001%	1h	65.610	−0.150%	$5.6M	$9.7M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.675	−0.052%	$119K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.723	+0.022%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.674	−0.052%	$4.7M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.670	−0.060%	$5.1M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.052%	$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	65.648	−0.092%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	65.620	−0.135%	$789K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0042%	4h	65.700	−0.013%	$144.9M	$180.1M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.136	+0.650%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.693	−0.024%	$3.9M	$710K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.647	−0.094%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.690	−0.028%	$157K	$2.8M	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.667	−0.063%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0056%	1h	65.545	−0.249%	$20K	$19K	10x	as long as short
Paradex XAG-USD-PERP	+0.0064%	8h	65.692	−0.025%	$29K	$1K	5x	as long as short
Kalshi KXSILVERPERP	+0.0076%	24h	65.695	−0.021%	$449K	$28.9M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0080%	1h	65.653	−0.085%	$171.1M	$82.2M	25x	as long as short
Aster XAGUSDT	+0.0086%	4h	65.704	−0.007%	$2.7M	$944K	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.635	−0.113%	$469K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.690	−0.028%	$24.7M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.580	−0.196%	$112K	$23K	50x	as long as short
Bybit XAGUSDT	+0.0121%	4h	65.700	−0.013%	$28.9M	$39.0M	150x	as long as short
Variational Omni XAG	+0.0127%	4h	65.584	−0.190%	$5.5M	$9.5M	—	as long as short
Lighter XAG	+0.0128%	1h	65.684	−0.037%	$5.4M	$11.3M	25x	as long as short
MEXC SILVER_USDT	+0.0136%	4h	65.680	−0.044%	$124.0M	$161.8M	1000x	as long as short
Aevo XAG-PERPlong	+0.0136%	1h	65.709	long leg	$47K	—	10x
Binance XAGUSDT	+0.0137%	4h	65.680	−0.044%	$189.4M	$745.4M	100x	as long as short
edgeX XAGUSDC	+0.0147%	4h	65.560	−0.226%	$667K	$312K	30x	as long as short
Nado XAG-PERP	+0.0154%	1h	65.655	−0.082%	$1.3M	$5.5M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.530	−0.272%	$1.6M	$1.3M	20x	as long as short
Aftermath Perps XAGUSD	+0.0207%	1h	65.502	−0.315%	$79K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.710	+0.002%	$66K	$368K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0208%	4h	65.644	−0.098%	$398K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	65.700	−0.013%	$28.0M	$70.2M	50x	as long as short
Bitget XAGUSDT	+0.0216%	4h	65.700	−0.013%	$23.9M	$46.3M	100x	as long as short
Bullet SILVER-USD	+0.0243%	1h	65.726	+0.026%	$44K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0366% / S −0.0361%	1h	65.725	+0.025%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0377%	4h	65.680	−0.044%	$2.6M	$622K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0469%	1h	65.690	−0.028%	$916K	$735K	25x	as long as short