Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.021%

Price spread now: SoDEX against BloFin−0.161%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 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 against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.161% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XAG-USDT	65.060	0.0188	pay 0.0094% / 4h	3h 59m	$2.7M	$625K	100x
Short	SoDEX SILVER-USD	64.955	0.0050	get 0.0006% / 1h	59m 16s	$3K	$6K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against BloFin. 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 BloFinbpFee SoDEXbpOrdersPrice spread, now −0.161%Rate

Funding earned: −$28.93
Price spread: −0.161% → 0.000%: −$16.14
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$65.07
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 9 min ago; SoDEX: no order-book sample. 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 BloFin live order book, 9 min ago	0.77 bp	6.8 bp −$7	6.8 bp −$68	8.1 bp −$807	17.8 bp −$8,918
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	64.997	−0.097%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.050	−0.015%	$27.6M	$39.1M	150x	as long as short
Nado XAG-PERP	0.0000%	1h	64.992	−0.104%	$1.2M	$4.6M	10x	as long as short
SunX XAG-USDT	0.0000%	4h	65.040	−0.031%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.110	+0.077%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.040	−0.031%	$1.4M	$290K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.946	−0.176%	$117K	—	250x	as long as short
Variational Omni XAG	+0.0010%	4h	65.026	−0.052%	$5.4M	$9.2M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.022	−0.058%	$4.6M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.956	−0.160%	$4.9M	$11.8M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDT	+0.0032%	4h	65.050	−0.015%	$140.1M	$176.6M	100x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.060%	$11K	$94K	52x	as long as short
edgeX XAGUSDC	+0.0038%	4h	65.081	+0.033%	$663K	$314K	30x	as long as short
StandX XAG-USD	+0.0040%	1h	65.050	−0.015%	$782K	$3.0M	40x	as long as short
MEXC SILVER_USDT	+0.0042%	4h	65.040	−0.031%	$127.7M	$153.8M	1000x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.040	−0.031%	$171K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.446	+0.593%	—	—	25x	as long as short
Binance XAGUSDT	+0.0047%	4h	65.030	−0.046%	$191.8M	$759.1M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.004	−0.086%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USDshort	+0.0050%	1h	64.955	−0.161%	$3K	$6K	20x
Ondo Perps XAG-USD.P	+0.0050%	1h	64.900	−0.246%	$5.6M	$9.8M	25x	as long as short
Aster XAGUSDT	+0.0053%	4h	65.027	−0.051%	$2.6M	$990K	100x	as long as short
Aevo XAG-PERP	+0.0056%	1h	65.029	−0.048%	$47K	—	10x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.015	−0.069%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	64.985	−0.115%	$55K	$30K	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	65.000	−0.092%	$1.6M	$1.4M	20x	as long as short
Kalshi KXSILVERPERP	+0.0081%	24h	65.011	−0.075%	$512K	$33.0M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0088%	1h	65.002	−0.089%	$35K	$21K	20x	as long as short
Pacifica XAG	+0.0100%	1h	64.975	−0.131%	$462K	$594K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.000	−0.092%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.030	−0.046%	$111K	$19K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0142%	1h	65.000	−0.092%	$173.3M	$85.5M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	65.044	−0.024%	$384K	$1.6M	25x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.040	−0.031%	$1.3M	$4.9M	20x	as long as short
Bitget XAGUSDT	+0.0174%	4h	65.030	−0.046%	$23.2M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0179%	8h	65.040	−0.031%	$28.3M	$71.2M	50x	as long as short
BloFin XAG-USDTlong	+0.0188%	4h	65.060	long leg	$2.7M	$625K	100x
Aftermath Perps XAGUSD	+0.0201%	1h	65.008	−0.080%	$78K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.025	−0.054%	$92K	—	111x	as long as short
Lighter XAG	+0.0240%	1h	65.018	−0.064%	$5.3M	$10.7M	25x	as long as short
Hibachi XAG/USDT-P	+0.0240%	1h	64.995	−0.100%	$20K	$15K	10x	as long as short
Bullet SILVER-USD	+0.0311%	1h	65.047	−0.020%	$44K	$75K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0366%	1h	65.010	−0.077%	$66K	$401K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0419%	1h	65.010	−0.077%	$1.0M	$869K	25x	as long as short