Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.011%

Price spread now: Vest against Gate+0.635%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.635% dearer against Gate than usual: you sell high and buy low: +$63 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	66.470	0	get 0.0000% / 4h	2h 34m	$153.4M	$162.6M	100x
Short	Vest SI-PERP	66.892	0.0046	get 0.0006% / 1h	34m 23s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Gate. 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 GatebpFee VestbpOrdersPrice spread, now +0.635%Rate

Funding earned: $9.59
Price spread: +0.635% → 0.000%: $63.49
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: $56.08
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Gate: live order book, 5 min ago; Vest: 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 Gate live order book, 5 min ago	0.75 bp	8.4 bp −$8	9.7 bp −$97	12.6 bp −$1,256	15.6 bp −$7,780
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Hotstuff SILVER-PERP	−0.0008%	1h	66.425	−0.068%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.421	−0.073%	$15K	—	5x	as long as short
Gate XAG_USDTlong	0.0000%	4h	66.470	long leg	$153.4M	$162.6M	100x
SunX XAG-USDT	0.0000%	4h	66.480	+0.015%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.500	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	0.000%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.416	−0.082%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.434	−0.054%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.404	−0.099%	$5.4M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.105%	$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	66.480	+0.015%	$800K	$2.9M	40x	as long as short
Vest SI-PERPshort	+0.0046%	1h	66.892	+0.635%	—	—	25x
Ondo Perps XAG-USD.P	+0.0046%	1h	66.320	−0.226%	$5.7M	$9.6M	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.346	−0.187%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.440	−0.045%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.415	−0.083%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.440	−0.045%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.421	−0.074%	$631K	$23.3M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.440	−0.045%	$1.2M	$4.3M	20x	as long as short
Bybit XAGUSDT	+0.0082%	4h	66.510	+0.060%	$26.4M	$35.9M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0095%	1h	66.427	−0.065%	$165.8M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.366	−0.156%	$472K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.410	−0.090%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.310	−0.241%	$126K	$23K	50x	as long as short
BloFin XAG-USDT	+0.0103%	4h	66.570	+0.150%	$2.6M	$624K	100x	as long as short
Aster XAGUSDT	+0.0119%	4h	66.435	−0.052%	$2.8M	$960K	100x	as long as short
Paradex XAG-USD-PERP	+0.0125%	8h	66.416	−0.082%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0140%	4h	66.405	−0.098%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0144%	1h	66.484	+0.021%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0154%	4h	66.460	−0.015%	$102.4M	$158.1M	1000x	as long as short
Binance XAGUSDT	+0.0158%	4h	66.488	+0.028%	$192.9M	$708.1M	100x	as long as short
edgeX XAGUSDC	+0.0166%	4h	66.514	+0.066%	$675K	$314K	30x	as long as short
Lighter XAG	+0.0176%	1h	66.421	−0.074%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	+0.075%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0199%	8h	66.490	+0.030%	$28.0M	$65.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	66.442	−0.043%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0228%	1h	66.409	−0.092%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0230%	4h	66.490	+0.030%	$24.0M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0242%	4h	66.526	+0.084%	$391K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	66.405	−0.098%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0282%	1h	66.472	+0.003%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.495	+0.038%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.442	−0.042%	$766K	$482K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0503%	1h	66.480	+0.015%	$50K	$325K	20x	as long as short