Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.010%

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

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on StandX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days+0.005%$0 · spread now −0.010%, 7d avg +0.010%

Together, before fees−0.027%+ Points / potential airdropStandX: Active · Aster: Stage 5 · farm board−$3 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	66.150	0.0040	pay 0.0005% / 1h	37m 07s	$796K	$3.0M	40x
Short	Aster XAGUSDT	66.143	0.0145	get 0.0073% / 4h	37m 07s	$2.7M	$877K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against StandX. 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 StandXbpFee AsterbpOrdersPrice spread, now −0.010%Rate

Funding earned: $22.13
Price spread: −0.010% → +0.010%: −$1.96
Slippage, 4 orders: −$10.58
Fee StandX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$6.42
Costs to cover: 0.266%
Break-even: 9.0 days

Slippage from StandX: live order book, 2 min ago; Aster: live order book, 1 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 StandX live order book, 2 min ago	2.27 bp	7.8 bp −$8	10.1 bp −$101	35.9 bp −$3,593	doesn't fit
Sell Aster live order book, 1 min ago	0.76 bp	4.8 bp −$5	6.9 bp −$69	13.6 bp −$1,365	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
dYdX XAG-USD	0.0000%	1h	66.085	−0.098%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.170	+0.030%	$150.2M	$163.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.170	+0.030%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.150	0.000%	$1.0M	$978K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.160	+0.015%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.060	−0.135%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.141	−0.014%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.059	−0.137%	$5.2M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.378%	$11K	$94K	52x	as long as short
StandX XAG-USDlong	+0.0040%	1h	66.150	long leg	$796K	$3.0M	40x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.560	+0.620%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.094	−0.085%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.060	−0.136%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.010	−0.212%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.120	−0.045%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.074	−0.115%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	66.125	−0.038%	$35K	$21K	20x	as long as short
Kalshi KXSILVERPERP	+0.0068%	24h	66.097	−0.080%	$515K	$25.5M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.084	−0.100%	$470K	$619K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	−0.060%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	−0.136%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0133%	1h	66.115	−0.053%	$165.5M	$73.8M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.130	−0.030%	$1.3M	$4.5M	20x	as long as short
Aster XAGUSDTshort	+0.0145%	4h	66.143	−0.010%	$2.7M	$877K	100x
Bybit XAGUSDT	+0.0151%	4h	66.170	+0.030%	$27.0M	$36.1M	150x	as long as short
Paradex XAG-USD-PERP	+0.0152%	8h	66.141	−0.013%	$30K	$1K	5x	as long as short
Nado XAG-PERP	+0.0191%	1h	66.101	−0.073%	$1.3M	$6.5M	10x	as long as short
Lighter XAG	+0.0200%	1h	66.151	+0.002%	$5.2M	$10.5M	25x	as long as short
Aevo XAG-PERP	+0.0200%	1h	66.127	−0.035%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.130	−0.030%	$1.8M	$999K	20x	as long as short
Variational Omni XAG	+0.0202%	4h	66.133	−0.026%	$5.6M	$9.7M	—	as long as short
MEXC SILVER_USDT	+0.0216%	4h	66.140	−0.015%	$109.2M	$152.4M	1000x	as long as short
Binance XAGUSDT	+0.0218%	4h	66.151	+0.001%	$192.9M	$701.1M	100x	as long as short
Aftermath Perps XAGUSD	+0.0230%	1h	66.109	−0.061%	$80K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0231%	8h	66.160	+0.015%	$27.8M	$65.5M	50x	as long as short
edgeX XAGUSDC	+0.0231%	4h	66.127	−0.035%	$671K	$311K	30x	as long as short
BloFin XAG-USDT	+0.0251%	4h	66.160	+0.015%	$2.6M	$554K	100x	as long as short
Bitget XAGUSDT	+0.0258%	4h	66.150	0.000%	$23.8M	$45.7M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0280%	4h	66.144	−0.009%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0312%	1h	66.133	−0.026%	$45K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.110	−0.060%	$62K	$348K	20x	as long as short
Hibachi XAG/USDT-P	+0.0360%	1h	66.117	−0.050%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0374% / S −0.0408%	1h	66.135	−0.023%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.104	−0.070%	$912K	$676K	25x	as long as short