Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.014%

Price spread now: OKX against Aevo+0.184%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 OKX

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.184% dearer against Aevo than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAG-PERP	65.609	0.0128	pay 0.0016% / 1h	2m 58s	$47K	—	10x
Short	OKX XAG-USDT-SWAP	65.730	0.0217	get 0.0217% / 8h	6h 02m	$28.0M	$85.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.184%Rate

Funding earned: $18.78
Price spread: +0.184% → 0.000%: $18.45
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: $11.23
Costs to cover: 0.260%
Break-even: 2.8 days

Slippage unknown: Aevo: 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 Aevo no order-book sample	—	—	—	—	—
Sell OKX live order book, 4 min ago	0.76 bp	7.3 bp −$7	8.1 bp −$81	14.2 bp −$1,415	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 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	−0.4432%	1h	65.581	−0.043%	$36K	$23K	20x	as long as short
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−1.535%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0006%	1h	65.430	−0.273%	$5.7M	$10.6M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.547	−0.095%	$12K	$7K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.730	+0.184%	$139.8M	$203.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.570	−0.059%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.790	+0.276%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.760	+0.230%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.630	+0.033%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.747	+0.210%	$4.6M	$9.8M	25x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.664	+0.085%	$5.1M	$11.8M	10x	as long as short
StandX XAG-USD	+0.0040%	1h	65.680	+0.108%	$790K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.011	+0.613%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.519	−0.137%	$3.8M	$894K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.532	−0.117%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.532	−0.118%	$29K	$166	5x	as long as short
QFEX SILVER-USD	+0.0062%	1h	65.550	−0.090%	$445K	$1.4M	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.700	+0.139%	$1.6M	$1.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0098%	24h	65.705	+0.146%	$708K	$38.6M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.526	−0.127%	$466K	$572K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.670	+0.093%	$25.3M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.620	+0.017%	$112K	$19K	50x	as long as short
Variational Omni XAG	+0.0104%	4h	65.650	+0.062%	$5.7M	$9.2M	—	as long as short
Phoenix SILVER	+0.0110%	1h	65.625	+0.024%	$55K	$13K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0119%	1h	65.672	+0.096%	$174.7M	$93.8M	25x	as long as short
Aevo XAG-PERPlong	+0.0128%	1h	65.609	long leg	$47K	—	10x
Aster XAGUSDT	+0.0131%	4h	65.708	+0.150%	$2.7M	$1.1M	100x	as long as short
Binance XAGUSDT	+0.0132%	4h	65.705	+0.146%	$193.6M	$858.2M	100x	as long as short
MEXC SILVER_USDT	+0.0132%	4h	65.720	+0.169%	$121.4M	$169.3M	1000x	as long as short
edgeX XAGUSDC	+0.0138%	4h	65.677	+0.103%	$669K	$314K	30x	as long as short
Nado XAG-PERP	+0.0172%	1h	65.517	−0.140%	$1.2M	$3.7M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0182%	4h	65.613	+0.006%	$396K	$1.5M	25x	as long as short
Bybit XAGUSDT	+0.0187%	4h	65.730	+0.184%	$30.5M	$47.9M	150x	as long as short
Lighter XAG	+0.0192%	1h	65.748	+0.211%	$5.2M	$11.9M	25x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.703	+0.143%	$1.2M	$4.9M	20x	as long as short
OKX XAG-USDT-SWAPshort	+0.0217%	8h	65.730	+0.184%	$28.0M	$85.5M	50x
Aftermath Perps XAGUSD	+0.0222%	1h	65.542	−0.102%	$79K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	65.660	+0.077%	$21K	$12K	10x	as long as short
Bitget XAGUSDT	+0.0252%	4h	65.750	+0.215%	$23.3M	$52.4M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0266% / S −0.0233%	1h	65.565	−0.067%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0274%	1h	65.579	−0.045%	$44K	$74K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0360%	1h	65.610	+0.002%	$77K	$411K	20x	as long as short
BloFin XAG-USDT	+0.0372%	4h	65.730	+0.184%	$2.7M	$762K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0772%	1h	65.591	−0.027%	$1.0M	$943K	25x	as long as short