Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h 0.000%

Price spread now: Aster against RISEx+0.016%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$160.163% of the position

Long on RISEx Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.040%−$4 on $10k

Price spread, last 7 days−0.010%−$1 · spread now +0.016%, 7d avg +0.010%

Together, before fees−0.049%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAG/USDC	66.052	0.0080	pay 0.0010% / 1h	3m 35s	$1.3M	$4.9M	20x
Short	Aster XAGUSDT	66.063	0.0120	get 0.0060% / 4h	3h 03m	$2.7M	$871K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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 RISExbpFee AsterbpOrdersPrice spread, now +0.016%Rate

Funding earned: $8.28
Price spread: +0.016% → +0.010%: $0.62
Slippage, 4 orders: −$2.29
Fee RISEx: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.39
Costs to cover: 0.163%
Break-even: 13.2 days

Slippage from RISEx: live order book, 5 min ago; Aster: live order book, 5 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 RISEx live order book, 5 min ago	0.39 bp	3.4 bp −$3	4.6 bp −$46	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	0.76 bp	4.8 bp −$5	6.5 bp −$65	12.6 bp −$1,263	doesn't fit

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	−0.0050%	1h	65.930	−0.185%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.096%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.080	+0.042%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.100	+0.073%	$1.1M	$1.0M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.080	+0.042%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.010	−0.063%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.036	−0.024%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.983	−0.105%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.527%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.041	−0.017%	$35K	$21K	20x	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	66.080	+0.042%	$795K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0044%	4h	66.060	+0.012%	$149.8M	$164.5M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.482	+0.651%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.029	−0.035%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.009	−0.065%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0055%	8h	66.034	−0.028%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.030	−0.033%	$114K	$2.7M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0060%	1h	66.021	−0.047%	$166.3M	$73.9M	25x	as long as short
Phoenix SILVER	+0.0073%	1h	65.995	−0.086%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.036	−0.024%	$530K	$26.7M	8.1x	as long as short
RISEx XAG/USDClong	+0.0080%	1h	66.052	long leg	$1.3M	$4.9M	20x
Pacifica XAG	+0.0100%	1h	65.984	−0.103%	$469K	$604K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.020	−0.049%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.990	−0.094%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0109%	4h	66.080	+0.042%	$27.8M	$36.5M	150x	as long as short
Aster XAGUSDTshort	+0.0120%	4h	66.063	+0.016%	$2.7M	$871K	100x
Lighter XAG	+0.0120%	1h	66.036	−0.024%	$5.2M	$10.9M	25x	as long as short
Variational Omni XAG	+0.0164%	4h	66.053	+0.002%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.063	+0.016%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0174%	4h	66.056	+0.007%	$191.1M	$703.2M	100x	as long as short
MEXC SILVER_USDT	+0.0174%	4h	66.030	−0.033%	$115.0M	$152.9M	1000x	as long as short
edgeX XAGUSDC	+0.0183%	4h	66.054	+0.002%	$670K	$311K	30x	as long as short
Nado XAG-PERP	+0.0187%	1h	66.010	−0.063%	$1.4M	$5.8M	10x	as long as short
BloFin XAG-USDT	+0.0196%	4h	66.060	+0.012%	$2.6M	$570K	100x	as long as short
Aftermath Perps XAGUSD	+0.0198%	1h	66.022	−0.046%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.050	−0.003%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.980	−0.109%	$1.8M	$1.0M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0210%	4h	66.073	+0.032%	$395K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0223%	8h	66.060	+0.012%	$27.8M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.060	+0.012%	$24.0M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0237%	1h	66.080	+0.042%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.042	−0.016%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.075	+0.035%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0623%	1h	66.045	−0.011%	$911K	$685K	25x	as long as short