Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.001%

Price spread now: Bitget against Bullet−0.002%7-day average — · you buy dearer than you sell

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

Long on Bullet Short on Bitget

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SILVER-USD	66.052	0.0235	pay 0.0029% / 1h	6m 52s	$44K	$75K	10x
Short	Bitget XAGUSDT	66.050	0.0228	get 0.0114% / 4h	3h 06m	$23.9M	$44.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bullet. 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 BulletbpFee BitgetbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$1.52
Price spread: −0.002% → 0.000%: −$0.24
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$21.76
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; Bitget: live order book, 2 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 Bullet no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	0.76 bp	6.8 bp −$7	8.6 bp −$86	15.8 bp −$1,584	33.5 bp −$16.8K

Bullet: 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	−0.0054%	1h	65.940	−0.169%	$5.7M	$9.2M	25x	as long as short
Hotstuff SILVER-PERP	−0.0016%	1h	66.012	−0.060%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.095%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.070	+0.028%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.080	+0.043%	$1.0M	$949K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.050	−0.002%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.982	−0.105%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.035	−0.025%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.980	−0.108%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.528%	$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	66.020	−0.048%	$794K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0042%	4h	66.060	+0.013%	$149.8M	$164.4M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.463	+0.623%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.014	−0.057%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.984	−0.102%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	66.030	−0.033%	$30K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0060%	1h	66.007	−0.067%	$166.3M	$73.8M	25x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.030	−0.033%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0073%	1h	65.977	−0.113%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	66.003	−0.074%	$537K	$26.5M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.051	−0.001%	$1.3M	$4.9M	20x	as long as short
Bybit XAGUSDT	+0.0096%	4h	66.070	+0.028%	$27.8M	$36.5M	150x	as long as short
Pacifica XAG	+0.0100%	1h	65.984	−0.102%	$469K	$604K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.010	−0.063%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.960	−0.139%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0120%	1h	66.042	−0.015%	$5.2M	$10.9M	25x	as long as short
Aster XAGUSDT	+0.0120%	4h	66.050	−0.002%	$2.7M	$866K	100x	as long as short
Variational Omni XAG	+0.0163%	4h	66.003	−0.074%	$5.6M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.036	−0.024%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0175%	4h	66.054	+0.004%	$190.9M	$702.8M	100x	as long as short
MEXC SILVER_USDT	+0.0176%	4h	66.050	−0.002%	$114.5M	$152.8M	1000x	as long as short
edgeX XAGUSDC	+0.0182%	4h	66.013	−0.059%	$670K	$311K	30x	as long as short
Nado XAG-PERP	+0.0185%	1h	66.003	−0.074%	$1.4M	$5.8M	10x	as long as short
Aftermath Perps XAGUSD	+0.0197%	1h	66.013	−0.058%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.030	−0.033%	$75K	$363K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.028	−0.036%	$394K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.980	−0.108%	$1.8M	$1.0M	20x	as long as short
BloFin XAG-USDT	+0.0224%	4h	66.030	−0.033%	$2.6M	$569K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0224%	8h	66.050	−0.002%	$27.7M	$64.6M	50x	as long as short
Bitget XAGUSDTshort	+0.0228%	4h	66.050	−0.002%	$23.9M	$44.9M	100x
Bullet SILVER-USDlong	+0.0235%	1h	66.052	long leg	$44K	$75K	10x
Hibachi XAG/USDT-P	+0.0304%	1h	65.980	−0.108%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0440%	1h	66.055	+0.005%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.023	−0.043%	$911K	$685K	25x	as long as short