Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.035%

Price spread now: SunX against Aevo+0.016%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 SunX

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: −$6 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	65.960	0.0184	pay 0.0023% / 1h	40m 43s	$47K	—	10x
Short	SunX XAG-USDT	65.970	0	get 0.0000% / 4h	3h 40m	$2K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$38.64
Price spread: +0.016% → 0.000%: $1.57
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SunX: 4 bp × 2 orders: −$8
Net: −$61.07
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago	29.53 bp	33.5 bp −$34	doesn't fit	doesn't fit	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
Ondo Perps XAG-USD.P	−0.0043%	1h	65.830	−0.197%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.039%	$14K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.980	+0.031%	$149.5M	$163.5M	100x	as long as short
SunX XAG-USDTshort	0.0000%	4h	65.970	+0.016%	$2K	$2.6M	20x
HTX XAG-USDT	0.0000%	4h	66.020	+0.091%	$1.0M	$966K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.980	+0.031%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.914	−0.070%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.961	+0.002%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.915	−0.067%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.668%	$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
StandX XAG-USD	+0.0040%	1h	65.970	+0.016%	$793K	$3.1M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.389	+0.651%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.922	−0.057%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.940	−0.030%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.909	−0.077%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0051%	1h	65.936	−0.036%	$165.9M	$73.6M	25x	as long as short
QFEX SILVER-USD	+0.0060%	1h	65.950	−0.015%	$114K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	65.930	−0.045%	$539K	$25.9M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	65.889	−0.107%	$56K	$26K	25x	as long as short
RISEx XAG/USDC	+0.0080%	1h	65.975	+0.024%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.914	−0.070%	$469K	$614K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.930	−0.045%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.920	−0.060%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0112%	1h	65.970	+0.016%	$5.2M	$10.6M	25x	as long as short
Paradex XAG-USD-PERP	+0.0117%	8h	65.970	+0.015%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0130%	4h	65.990	+0.046%	$27.4M	$36.5M	150x	as long as short
Aster XAGUSDT	+0.0138%	4h	65.970	+0.016%	$2.7M	$871K	100x	as long as short
Nado XAG-PERP	+0.0180%	1h	65.919	−0.062%	$1.4M	$6.0M	10x	as long as short
Aevo XAG-PERPlong	+0.0184%	1h	65.960	long leg	$47K	—	10x
Variational Omni XAG	+0.0188%	4h	65.963	+0.006%	$5.6M	$9.4M	—	as long as short
MEXC SILVER_USDT	+0.0202%	4h	65.970	+0.016%	$112.8M	$152.1M	1000x	as long as short
Binance XAGUSDT	+0.0202%	4h	65.980	+0.031%	$191.0M	$702.5M	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	65.950	−0.015%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.015%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0217%	1h	65.937	−0.034%	$79K	$36K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0218%	4h	66.022	+0.094%	$394K	$1.5M	25x	as long as short
edgeX XAGUSDC	+0.0219%	4h	65.962	+0.003%	$669K	$310K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0234%	8h	65.970	+0.016%	$27.7M	$64.8M	50x	as long as short
Bullet SILVER-USD	+0.0235%	1h	65.974	+0.022%	$45K	$76K	10x	as long as short
BloFin XAG-USDT	+0.0238%	4h	65.960	0.000%	$2.6M	$556K	100x	as long as short
Bitget XAGUSDT	+0.0242%	4h	65.980	+0.031%	$23.9M	$45.3M	100x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	65.912	−0.073%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	65.975	+0.023%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0625%	1h	65.935	−0.037%	$910K	$683K	25x	as long as short