Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.004%

Price spread now: edgeX against Aevo−0.039%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.039% cheaper against Aevo than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8.7 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAG-PERP	66.158	0.0152	pay 0.0019% / 1h	44m 53s	$47K	—	10x
Short	edgeX XAGUSDC	66.132	0.0167	get 0.0083% / 4h	2h 44m	$671K	$312K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aevo. 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 AevobpFee edgeXbpOrdersPrice spread, now −0.039%Rate

Funding earned: $3.14
Price spread: −0.039% → 0.000%: −$3.88
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$25.74
Costs to cover: 0.250%
Break-even: 64.4 days

Slippage unknown: Aevo: no order-book sample; edgeX: live order book, 4 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 Aevo no order-book sample	—	—	—	—	—
Sell edgeX live order book, 4 min ago	2.27 bp	6.8 bp −$7	6.8 bp −$68	9.2 bp −$919	21.3 bp −$10.6K

Aevo: 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
Ondo Perps XAG-USD.P	−0.0034%	1h	66.040	−0.179%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.104	−0.082%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.160	+0.003%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.180	+0.033%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.170	+0.018%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.109	−0.074%	$121K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.171	+0.019%	$1.3M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.155	−0.005%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.110	−0.073%	$5.2M	$11.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.366%	$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
Phoenix SILVER	+0.0036%	1h	66.100	−0.088%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.140	−0.027%	$796K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.589	+0.651%	—	—	25x	as long as short
Gate XAG_USDT	+0.0046%	4h	66.180	+0.033%	$149.9M	$154.0M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.131	−0.041%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.110	−0.073%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.150	−0.012%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	66.142	−0.024%	$30K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0064%	1h	66.129	−0.044%	$166.6M	$73.9M	25x	as long as short
Bybit XAGUSDT	+0.0068%	4h	66.170	+0.018%	$27.8M	$36.2M	150x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	66.116	−0.064%	$519K	$26.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.104	−0.081%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.130	−0.043%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.100	−0.088%	$113K	$30K	50x	as long as short
BloFin XAG-USDT	+0.0102%	4h	66.150	−0.012%	$2.6M	$571K	100x	as long as short
Aster XAGUSDT	+0.0106%	4h	66.160	+0.003%	$2.7M	$873K	100x	as long as short
Lighter XAG	+0.0136%	1h	66.160	+0.002%	$5.3M	$10.6M	25x	as long as short
Variational Omni XAG	+0.0144%	4h	66.123	−0.052%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERPlong	+0.0152%	1h	66.158	long leg	$47K	—	10x
Binance XAGUSDT	+0.0157%	4h	66.166	+0.011%	$191.2M	$703.1M	100x	as long as short
MEXC SILVER_USDT	+0.0158%	4h	66.150	−0.012%	$116.5M	$151.8M	1000x	as long as short
Nado XAG-PERP	+0.0162%	1h	66.130	−0.043%	$1.4M	$5.5M	10x	as long as short
edgeX XAGUSDCshort	+0.0167%	4h	66.132	−0.039%	$671K	$312K	30x
Hotstuff SILVER-PERP	+0.0168%	1h	66.132	−0.039%	$35K	$21K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.269%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0194%	1h	66.101	−0.087%	$80K	$36K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0196%	4h	66.160	+0.003%	$389K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.150	−0.012%	$74K	$364K	20x	as long as short
Bitget XAGUSDT	+0.0218%	4h	66.170	+0.018%	$24.0M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0219%	8h	66.160	+0.003%	$27.8M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0223%	1h	66.166	+0.012%	$43K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0320%	1h	66.091	−0.101%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.165	+0.010%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.135	−0.035%	$909K	$688K	25x	as long as short