Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h −0.019%

Price spread now: KuCoin against Aftermath Perps−0.014%45s7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on KuCoin

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—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. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XAGUSD	66.069	0.0221	pay 0.0028% / 1h	7m 30s	$80K	$36K	10x
Short	KuCoin XAGUSDTM	66.060	0.0100	get 0.0050% / 4h	7m 30s	$24.5M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aftermath Perps. 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 Aftermath PerpsbpFee KuCoinbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$25.42
Price spread: −0.014% → 0.000%: −$1.37
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.79
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; KuCoin: live order book, 11 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 11 min ago	0.76 bp	8.2 bp −$8	16.1 bp −$161	doesn't fit	doesn't fit

Aftermath Perps: 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	66.018	−0.077%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.100	+0.047%	$150.1M	$163.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.060	−0.014%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.130	+0.092%	$1.0M	$968K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.130	+0.092%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.993	−0.115%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.074	+0.008%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.015	−0.082%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.501%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.110	+0.062%	$795K	$3.1M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0044%	1h	65.960	−0.165%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.517	+0.678%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.057	−0.018%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.057	−0.018%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.996	−0.111%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.090	+0.032%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.053	−0.024%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0071%	24h	66.040	−0.044%	$547K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.033	−0.055%	$470K	$615K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	66.060	−0.014%	$24.5M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.030	−0.059%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0127%	1h	66.053	−0.024%	$166.0M	$73.5M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.077	+0.011%	$1.3M	$4.6M	20x	as long as short
Paradex XAG-USD-PERP	+0.0144%	8h	66.084	+0.023%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0149%	4h	66.080	+0.017%	$2.7M	$868K	100x	as long as short
Bybit XAGUSDT	+0.0172%	4h	66.120	+0.077%	$27.1M	$36.1M	150x	as long as short
Lighter XAG	+0.0184%	1h	66.078	+0.013%	$5.3M	$10.8M	25x	as long as short
Aevo XAG-PERP	+0.0200%	1h	66.075	+0.009%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.020	−0.074%	$1.8M	$1.0M	20x	as long as short
Variational Omni XAG	+0.0204%	4h	66.063	−0.010%	$5.6M	$9.5M	—	as long as short
MEXC SILVER_USDT	+0.0214%	4h	66.090	+0.032%	$110.7M	$153.0M	1000x	as long as short
Nado XAG-PERP	+0.0215%	1h	66.038	−0.047%	$1.4M	$6.4M	10x	as long as short
Binance XAGUSDT	+0.0217%	4h	66.100	+0.047%	$192.7M	$699.9M	100x	as long as short
Aftermath Perps XAGUSDlong	+0.0221%	1h	66.069	long leg	$80K	$36K	10x
edgeX XAGUSDC	+0.0227%	4h	66.058	−0.017%	$670K	$311K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0235%	8h	66.090	+0.032%	$27.7M	$65.0M	50x	as long as short
Bitget XAGUSDT	+0.0258%	4h	66.100	+0.047%	$23.8M	$45.4M	100x	as long as short
BloFin XAG-USDT	+0.0264%	4h	66.120	+0.077%	$2.6M	$554K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0276%	4h	66.090	+0.032%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0290%	1h	66.081	+0.018%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.050	−0.029%	$75K	$362K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.075	+0.009%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0384%	1h	66.054	−0.024%	$20K	$19K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.045	−0.036%	$911K	$683K	25x	as long as short