Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0184%/8h= +20.2% APRpaid last 24h +0.047%

Price spread now: Bitget against Vest−0.718%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Bitget is 0.718% cheaper against Vest than usual: you would sell low and buy high (spread −0.718% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$72 on $10k: about 13 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	65.984	0.0046	pay 0.0006% / 1h	56m 43s	—	—	25x
Short	Bitget XAGUSDT	65.510	0.0230	get 0.0115% / 4h	2h 56m	$23.0M	$49.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now −0.718%Rate

Funding earned: $38.71
Price spread: −0.718% → 0.000%: −$71.84
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$47.13
Costs to cover: 0.140%
Break-even: 15.5 days

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 2 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	0.76 bp	7.6 bp −$8	9.5 bp −$95	20.5 bp −$2,047	48.4 bp −$24.2K

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
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−2.094%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0070%	1h	65.430	−0.840%	$5.7M	$10.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.477	−0.768%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.540	−0.673%	$137.1M	$191.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.530	−0.688%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.580	−0.612%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.540	−0.673%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.591	−0.595%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.493	−0.744%	$4.5M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.491	−0.747%	$5.1M	$12.0M	10x	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	65.560	−0.643%	$789K	$3.0M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	65.984	long leg	—	—	25x
Hotstuff SILVER-PERP	+0.0048%	1h	65.519	−0.705%	$36K	$22K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.464	−0.788%	$174.0M	$92.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.518	−0.706%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.483	−0.759%	$3K	$6K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.510	−0.718%	$77K	$436K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	65.550	−0.658%	$435K	$1.5M	20x	as long as short
Variational Omni XAG	+0.0076%	4h	65.573	−0.623%	$5.4M	$9.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0077%	8h	65.522	−0.700%	$29K	$166	5x	as long as short
Nado XAG-PERP	+0.0082%	1h	65.509	−0.720%	$1.3M	$4.1M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.570	−0.627%	$1.6M	$1.6M	20x	as long as short
Kalshi KXSILVERPERP	+0.0090%	24h	65.562	−0.640%	$659K	$36.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.491	−0.747%	$466K	$588K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.510	−0.718%	$25.3M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.570	−0.627%	$112K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	65.549	−0.659%	$56K	$12K	25x	as long as short
MEXC SILVER_USDT	+0.0118%	4h	65.530	−0.688%	$117.3M	$160.0M	1000x	as long as short
Binance XAGUSDT	+0.0119%	4h	65.510	−0.718%	$193.4M	$825.3M	100x	as long as short
Aevo XAG-PERP	+0.0120%	1h	65.533	−0.684%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0127%	4h	65.630	−0.536%	$669K	$313K	30x	as long as short
Aster XAGUSDT	+0.0132%	4h	65.520	−0.703%	$2.7M	$1.1M	100x	as long as short
Bullet SILVER-USD	+0.0166%	1h	65.556	−0.648%	$45K	$75K	10x	as long as short
Lighter XAG	+0.0176%	1h	65.502	−0.730%	$5.1M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	65.538	−0.677%	$79K	$37K	10x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.560	−0.642%	$1.2M	$4.9M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0210%	8h	65.520	−0.703%	$28.2M	$81.1M	50x	as long as short
Bitget XAGUSDTshort	+0.0230%	4h	65.510	−0.718%	$23.0M	$49.5M	100x
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.585	−0.605%	$93K	—	111x	as long as short
Bybit XAGUSDT	+0.0252%	4h	65.520	−0.703%	$30.7M	$45.1M	150x	as long as short
GRVT XAG_USDT_Perp	+0.0302%	4h	65.567	−0.632%	$384K	$1.6M	25x	as long as short
BloFin XAG-USDT	+0.0359%	4h	65.560	−0.643%	$2.7M	$710K	100x	as long as short
Hibachi XAG/USDT-P	+0.0360%	1h	65.523	−0.698%	$21K	$12K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0773%	1h	65.509	−0.719%	$1.0M	$893K	25x	as long as short