Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.002%

Price spread now: MEXC against Aevo−0.015%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 MEXC

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAG-PERP	65.640	0.0088	pay 0.0011% / 1h	57m 30s	$47K	—	10x
Short	MEXC SILVER_USDT	65.630	0.0078	get 0.0039% / 4h	57m 30s	$114.4M	$162.6M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$2.1
Price spread: −0.015% → 0.000%: −$1.46
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 0 bp × 2 orders: $0
Net: −$19.56
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago	0.76 bp	0.8 bp −$1	0.8 bp −$8	1.0 bp −$96	3.5 bp −$1,742

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 exchanges

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	−0.0104%	1h	65.591	−0.074%	$39K	$26K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.576	−0.098%	$13K	$8K	5x	as long as short
RISEx XAG/USDC	0.0000%	1h	65.636	−0.005%	$1.2M	$5.4M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	65.650	+0.016%	$136.7M	$198.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.660	+0.031%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.680	+0.062%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.650	+0.016%	$1.5M	$257K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0002%	1h	65.530	−0.167%	$5.7M	$11.1M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.599	−0.062%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.638	−0.003%	$4.6M	$9.4M	25x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.570	−0.106%	$5.1M	$11.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.581%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.660	+0.031%	$790K	$3.0M	40x	as long as short
Bybit XAGUSDT	+0.0041%	4h	65.670	+0.046%	$30.4M	$48.1M	150x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.640	+0.001%	$447K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	66.082	+0.674%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.619	−0.031%	$3.8M	$906K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.593	−0.071%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.609	−0.046%	$29K	—	5x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.620	−0.030%	$77K	$412K	20x	as long as short
Variational Omni XAG	+0.0061%	4h	65.748	+0.164%	$5.6M	$9.0M	—	as long as short
Aster XAGUSDT	+0.0075%	4h	65.630	−0.015%	$2.7M	$1.2M	100x	as long as short
MEXC SILVER_USDTshort	+0.0078%	4h	65.630	−0.015%	$114.4M	$162.6M	1000x
Binance XAGUSDT	+0.0078%	4h	65.643	+0.006%	$190.5M	$863.4M	100x	as long as short
Aevo XAG-PERPlong	+0.0088%	1h	65.640	long leg	$47K	—	10x
tradeXYZ xyz:SILVER	+0.0090%	1h	65.591	−0.074%	$175.7M	$93.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.565	−0.114%	$463K	$520K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.580	−0.091%	$25.4M	$4.3M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.730	+0.138%	$112K	$19K	50x	as long as short
edgeX XAGUSDC	+0.0102%	4h	65.672	+0.050%	$670K	$316K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0102%	4h	65.762	+0.187%	$390K	$1.6M	25x	as long as short
Lighter XAG	+0.0104%	1h	65.614	−0.038%	$5.3M	$11.8M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.710	+0.107%	$1.6M	$1.9M	20x	as long as short
Kalshi KXSILVERPERP	+0.0106%	24h	65.672	+0.049%	$793K	$38.8M	8.1x	as long as short
Phoenix SILVER	+0.0122%	1h	65.734	+0.144%	$55K	$14K	25x	as long as short
Nado XAG-PERP	+0.0161%	1h	65.583	−0.086%	$1.2M	$3.4M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0179%	8h	65.650	+0.016%	$27.9M	$86.0M	50x	as long as short
Bitget XAGUSDT	+0.0214%	4h	65.660	+0.031%	$23.1M	$52.9M	100x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	65.644	+0.006%	$21K	$12K	10x	as long as short
Aftermath Perps XAGUSD	+0.0225%	1h	65.677	+0.057%	$79K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0229%	1h	65.676	+0.055%	$45K	$73K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0281% / S −0.0252%	1h	65.665	+0.039%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0323%	4h	65.670	+0.046%	$2.7M	$785K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0539%	1h	65.636	−0.005%	$1.0M	$943K	25x	as long as short