Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.001%

Price spread now: Aevo against MEXC−0.005%56s7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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: $0 a day on $10k at the current rate. The two prices were read 56 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	MEXC SILVER_USDT	65.010	0.0094	pay 0.0047% / 4h	3h 20m	$123.8M	$160.2M	1000x
Short	Aevo XAG-PERP	65.007	0.0080	get 0.0010% / 1h	20m 30s	$47K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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 MEXCbpFee AevobpOrdersPrice spread, now −0.005%Rate

Funding earned: −$2.94
Price spread: −0.005% → 0.000%: −$0.46
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$19.4
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Aevo: 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 MEXC live order book, 4 min ago	0.77 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$77	3.0 bp −$1,513
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	64.926	−0.129%	$12K	$6K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.010	0.000%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.010	0.000%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.020	+0.015%	$1.5M	$346K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.861	−0.229%	$117K	—	250x	as long as short
Gate XAG_USDT	+0.0016%	4h	65.040	+0.046%	$138.8M	$187.8M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.002	−0.012%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.938	−0.111%	$5.0M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−0.628%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	64.970	−0.062%	$781K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	65.431	+0.648%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.000	−0.015%	$446K	$1.5M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	64.990	−0.031%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.948	−0.095%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.900	−0.169%	$5.6M	$10.1M	25x	as long as short
Variational Omni XAG	+0.0065%	4h	65.026	+0.024%	$5.4M	$9.2M	—	as long as short
edgeX XAGUSDC	+0.0071%	4h	64.801	−0.322%	$660K	$314K	30x	as long as short
Paradex XAG-USD-PERP	+0.0076%	8h	65.002	−0.012%	$29K	$166	5x	as long as short
Aevo XAG-PERPshort	+0.0080%	1h	65.007	−0.005%	$47K	—	10x
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	64.840	−0.261%	$1.6M	$1.5M	20x	as long as short
Kalshi KXSILVERPERP	+0.0087%	24h	64.950	−0.092%	$489K	$35.1M	8.1x	as long as short
MEXC SILVER_USDTlong	+0.0094%	4h	65.010	long leg	$123.8M	$160.2M	1000x
Pacifica XAG	+0.0100%	1h	64.949	−0.094%	$463K	$591K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	64.970	−0.062%	$25.1M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	64.750	−0.400%	$111K	$19K	50x	as long as short
Binance XAGUSDT	+0.0102%	4h	65.030	+0.031%	$198.3M	$787.9M	100x	as long as short
Phoenix SILVER	+0.0111%	1h	64.615	−0.608%	$55K	$31K	25x	as long as short
Aster XAGUSDT	+0.0117%	4h	65.020	+0.015%	$2.6M	$1.0M	100x	as long as short
Hotstuff SILVER-PERP	+0.0128%	1h	64.968	−0.065%	$35K	$21K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0136%	1h	64.996	−0.022%	$173.3M	$88.9M	25x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.030	+0.031%	$1.2M	$4.9M	20x	as long as short
Nado XAG-PERP	+0.0165%	1h	64.885	−0.193%	$1.2M	$4.2M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0209%	8h	65.040	+0.046%	$29.0M	$75.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	64.798	−0.326%	$78K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0220%	4h	65.030	+0.031%	$22.8M	$48.0M	100x	as long as short
Lighter XAG	+0.0232%	1h	64.985	−0.039%	$5.2M	$11.3M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0237% / S −0.0196%	1h	65.035	+0.038%	$92K	—	111x	as long as short
GRVT XAG_USDT_Perp	+0.0298%	4h	64.847	−0.251%	$386K	$1.6M	25x	as long as short
Bullet SILVER-USD	+0.0310%	1h	65.025	+0.023%	$45K	$75K	10x	as long as short
BloFin XAG-USDT	+0.0336%	4h	64.980	−0.046%	$2.7M	$697K	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0366%	1h	64.990	−0.031%	$76K	$435K	20x	as long as short
Hibachi XAG/USDT-P	+0.0368%	1h	64.890	−0.185%	$20K	$15K	10x	as long as short
Bybit XAGUSDT	+0.0374%	4h	65.040	+0.046%	$30.2M	$43.7M	150x	as long as short
Kraken Futures PF_XAGUSD	+0.0419%	1h	64.975	−0.054%	$1.0M	$894K	25x	as long as short