Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.012%

Price spread now: MEXC against Extended+0.072%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$5as in the Price arb table

costs, in and out, $10k−$70.068% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days−0.030%−$3 · spread now +0.072%, 7d avg +0.058%

Together, before fees−0.078%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	66.182	0.0032	pay 0.0004% / 1h	50m 04s	$5.3M	$12.1M	10x
Short	MEXC SILVER_USDT	66.230	0.0192	get 0.0096% / 4h	1h 50m	$110.5M	$151.8M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.072%Rate

Funding earned: $33.6
Price spread: +0.072% → +0.058%: $1.38
Slippage, 4 orders: −$1.8
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: $28.18
Costs to cover: 0.068%
Break-even: 1.1 days

Slippage from Extended: live order book, 4 min ago; MEXC: live order book, 4 min ago.

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 Extended live order book, 4 min ago	0.08 bp	2.7 bp −$3	5.5 bp −$55	12.1 bp −$1,214	doesn't fit
Sell MEXC live order book, 4 min ago	0.75 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$75	2.5 bp −$1,255

XAG on 43 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	66.178	−0.006%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.250	+0.102%	$151.6M	$161.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.250	+0.102%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.260	+0.117%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.250	+0.102%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.184	+0.003%	$121K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0017%	1h	66.160	−0.034%	$5.7M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.228	+0.069%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.222	+0.060%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	66.182	long leg	$5.3M	$12.1M	10x

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.329%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.230	+0.072%	$797K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.693	+0.772%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.218	+0.054%	$3.9M	$673K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.171	−0.017%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.250	+0.102%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.213	+0.046%	$547K	$24.5M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.303	+0.182%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0092%	1h	66.200	+0.027%	$165.7M	$74.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.206	+0.036%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.200	+0.027%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.330	+0.223%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0137%	8h	66.255	+0.111%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0138%	4h	66.240	+0.087%	$2.7M	$917K	100x	as long as short
Bybit XAGUSDT	+0.0141%	4h	66.260	+0.117%	$26.7M	$36.2M	150x	as long as short
Lighter XAG	+0.0168%	1h	66.223	+0.061%	$5.3M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.231	+0.073%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0176%	4h	66.242	+0.090%	$5.5M	$9.7M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.267	+0.128%	$1.2M	$4.4M	20x	as long as short
Binance XAGUSDT	+0.0191%	4h	66.230	+0.072%	$191.8M	$706.1M	100x	as long as short
MEXC SILVER_USDTshort	+0.0192%	4h	66.230	+0.072%	$110.5M	$151.8M	1000x
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.350	+0.253%	$1.9M	$972K	20x	as long as short
edgeX XAGUSDC	+0.0201%	4h	66.366	+0.278%	$673K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0217%	8h	66.240	+0.087%	$27.8M	$65.6M	50x	as long as short
Aftermath Perps XAGUSD	+0.0233%	1h	66.266	+0.126%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0238%	1h	66.215	+0.049%	$1.3M	$6.6M	10x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	66.199	+0.025%	$20K	$22K	10x	as long as short
Bitget XAGUSDT	+0.0254%	4h	66.240	+0.087%	$23.9M	$46.1M	100x	as long as short
Bullet SILVER-USD	+0.0266%	1h	66.264	+0.123%	$46K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0282%	4h	66.380	+0.298%	$393K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0331% / S −0.0342%	1h	66.255	+0.110%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.220	+0.057%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.208	+0.040%	$763K	$475K	25x	as long as short