Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h +0.026%

Price spread now: edgeX against StandX−0.071%63s7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.300% of the position

Long on StandX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.071%, 7d avg +0.017%

Together, before fees+0.149%+ Points / potential airdropStandX: Active · edgeX: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.088% cheaper against StandX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.017%). If the spread goes back, that is −$9 on $10k: about 2.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.005% in total) that is about 4 months. The two prices were read 63 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	StandX XAG-USD	66.060	0.0040	pay 0.0005% / 1h	4m 01s	$795K	$3.0M	40x
Short	edgeX XAGUSDC	66.013	0.0182	get 0.0091% / 4h	3h 04m	$670K	$311K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.071%Rate

Funding earned: $29.8
Price spread: −0.071% → +0.017%: −$8.78
Slippage, 4 orders: −$12.96
Fee StandX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$8.94
Costs to cover: 0.300%
Break-even: 9.1 days

Slippage from StandX: live order book, 5 min ago; edgeX: live order book, 50 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, 5 min ago	2.27 bp	8.6 bp −$9	10.1 bp −$101	36.1 bp −$3,614	doesn't fit
Sell edgeX live order book, 50 min ago	2.27 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$920	20.8 bp −$10.4K

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	65.960	−0.151%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.108%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.080	+0.030%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.100	+0.061%	$1.1M	$1.0M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.080	+0.030%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.010	−0.075%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.064	+0.005%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.012	−0.073%	$5.2M	$11.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.027	−0.050%	$35K	$21K	20x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.515%	$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-USDlong	+0.0040%	1h	66.060	long leg	$795K	$3.0M	40x
Vest SI-PERP	+0.0046%	1h	66.491	+0.652%	—	—	25x	as long as short
Gate XAG_USDT	+0.0048%	4h	66.090	+0.045%	$149.9M	$164.5M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.035	−0.038%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.009	−0.077%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	66.057	−0.004%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.050	−0.015%	$114K	$2.7M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0060%	1h	66.038	−0.033%	$166.3M	$73.9M	25x	as long as short
Phoenix SILVER	+0.0073%	1h	65.995	−0.098%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0074%	24h	66.036	−0.036%	$530K	$26.7M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.076	+0.025%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	66.008	−0.078%	$470K	$604K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.040	−0.030%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.990	−0.106%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0112%	4h	66.090	+0.045%	$27.8M	$36.5M	150x	as long as short
Lighter XAG	+0.0120%	1h	66.068	+0.012%	$5.2M	$10.9M	25x	as long as short
Aster XAGUSDT	+0.0120%	4h	66.080	+0.030%	$2.7M	$871K	100x	as long as short
Variational Omni XAG	+0.0164%	4h	66.053	−0.010%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.063	+0.004%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0174%	4h	66.070	+0.015%	$115.1M	$152.9M	1000x	as long as short
Binance XAGUSDT	+0.0174%	4h	66.070	+0.015%	$191.0M	$703.3M	100x	as long as short
edgeX XAGUSDCshort	+0.0182%	4h	66.013	−0.071%	$670K	$311K	30x
Nado XAG-PERP	+0.0187%	1h	66.027	−0.050%	$1.4M	$5.8M	10x	as long as short
BloFin XAG-USDT	+0.0196%	4h	66.060	0.000%	$2.6M	$570K	100x	as long as short
Aftermath Perps XAGUSD	+0.0198%	1h	66.022	−0.058%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.050	−0.015%	$75K	$363K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0208%	4h	66.053	−0.011%	$394K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.980	−0.121%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0223%	8h	66.080	+0.030%	$27.8M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0228%	4h	66.070	+0.015%	$24.0M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0237%	1h	66.080	+0.030%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.020	−0.061%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.075	+0.023%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0623%	1h	66.045	−0.023%	$911K	$685K	25x	as long as short