Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: KuCoin against Vest−0.680%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 KuCoin

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. KuCoin is 0.680% cheaper against Vest than usual: you would sell low and buy high (spread −0.680% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$68 on $10k: about 42 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	65.717	0.0046	pay 0.0006% / 1h	31m 22s	—	—	25x
Short	KuCoin XAGUSDTM	65.270	0.0100	get 0.0050% / 4h	31m 22s	$25.3M	$4.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.680%Rate

Funding earned: $11.41
Price spread: −0.680% → 0.000%: −$68.02
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$70.61
Costs to cover: 0.140%
Break-even: 50.3 days

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago	0.77 bp	8.5 bp −$8	14.8 bp −$148	doesn't fit	doesn't fit

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
Hotstuff SILVER-PERP	−0.0056%	1h	65.295	−0.642%	$35K	$21K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0036%	1h	65.190	−0.802%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.242	−0.723%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.310	−0.619%	$27.8M	$39.3M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.290	−0.650%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.350	−0.558%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.320	−0.604%	$1.5M	$281K	100x	as long as short
Variational Omni XAG	0.0000%	4h	65.332	−0.585%	$5.5M	$9.1M	—	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.241	−0.724%	$118K	—	250x	as long as short
Aster XAGUSDT	+0.0024%	4h	65.300	−0.635%	$2.7M	$928K	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XAGUSDT	+0.0026%	4h	65.309	−0.620%	$191.6M	$753.6M	100x	as long as short
MEXC SILVER_USDT	+0.0026%	4h	65.300	−0.635%	$120.8M	$157.7M	1000x	as long as short
Lighter RH XAG	+0.0032%	1h	65.301	−0.633%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.246	−0.717%	$5.0M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.039%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	65.320	−0.604%	$140.7M	$178.4M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.330	−0.589%	$786K	$2.9M	40x	as long as short
Aevo XAG-PERP	+0.0040%	1h	65.292	−0.646%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0044%	4h	65.324	−0.599%	$665K	$314K	30x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.290	−0.650%	$157K	$1.4M	20x	as long as short
Vest SI-PERPlong	+0.0046%	1h	65.717	long leg	—	—	25x
tradeXYZ xyz:SILVER	+0.0050%	1h	65.266	−0.686%	$169.6M	$81.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.272	−0.677%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.244	−0.720%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.286	−0.655%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.316	−0.610%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.256	−0.701%	$466K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.300	−0.635%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.255	−0.703%	$464K	$611K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	65.270	−0.680%	$25.3M	$4.7M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	65.240	−0.726%	$111K	$19K	50x	as long as short
BloFin XAG-USDT	+0.0107%	4h	65.350	−0.558%	$2.7M	$574K	100x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.315	−0.612%	$1.2M	$4.8M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0130%	4h	65.372	−0.525%	$384K	$1.6M	25x	as long as short
Bitget XAGUSDT	+0.0152%	4h	65.300	−0.635%	$23.2M	$44.7M	100x	as long as short
Nado XAG-PERP	+0.0159%	1h	65.274	−0.674%	$1.2M	$4.7M	10x	as long as short
Lighter XAG	+0.0160%	1h	65.303	−0.630%	$5.3M	$11.1M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0166%	8h	65.310	−0.619%	$28.2M	$69.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0183%	1h	65.293	−0.645%	$78K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0184%	1h	65.255	−0.702%	$20K	$17K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.290	−0.650%	$65K	$391K	20x	as long as short
Bullet SILVER-USD	+0.0220%	1h	65.305	−0.627%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.305	−0.627%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.270	−0.680%	$1.0M	$868K	25x	as long as short