Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.022%

Price spread now: Aster against Aftermath Perps+0.173%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.173% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.173% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XAGUSD	66.316	0.0131	pay 0.0016% / 1h	3m 53s	$80K	$40K	10x
Short	Aster XAGUSDT	66.431	0.0079	get 0.0039% / 4h	1h 03m	$2.8M	$1.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now +0.173%Rate

Funding earned: −$10.95
Price spread: +0.173% → 0.000%: $17.27
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$10.68
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; Aster: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	0.75 bp	4.8 bp −$5	4.8 bp −$48	9.3 bp −$929	doesn't fit

Aftermath Perps: 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
Kraken Futures PF_XAGUSD	−0.0271%	1h	66.397	+0.122%	$768K	$569K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.359	+0.064%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.450	+0.202%	$25.7M	$33.5M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.435	+0.179%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.450	+0.202%	$146.6M	$174.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.450	+0.202%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.440	+0.187%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.430	+0.172%	$1.5M	$249K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.363	+0.071%	$120K	—	250x	as long as short
QFEX SILVER-USD	+0.0016%	1h	66.420	+0.157%	$125K	$2.8M	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	66.416	+0.151%	$4.8M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.368	+0.079%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.126%	$11K	$94K	52x	as long as short
BloFin XAG-USDT	+0.0040%	4h	66.380	+0.096%	$2.6M	$848K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	66.370	+0.081%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.864	+0.826%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.398	+0.123%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.362	+0.069%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.340	+0.036%	$5.7M	$10.0M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0054%	1h	66.408	+0.138%	$165.4M	$88.2M	25x	as long as short
Kalshi KXSILVERPERP	+0.0058%	24h	66.395	+0.119%	$589K	$21.4M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	66.345	+0.043%	$56K	$26K	25x	as long as short
Aster XAGUSDTshort	+0.0079%	4h	66.431	+0.173%	$2.8M	$1.0M	100x
Variational Omni XAG	+0.0080%	4h	66.386	+0.105%	$5.5M	$10.5M	—	as long as short
Bitget XAGUSDT	+0.0086%	4h	66.450	+0.202%	$24.2M	$48.0M	100x	as long as short
MEXC SILVER_USDT	+0.0094%	4h	66.430	+0.172%	$124.2M	$182.8M	1000x	as long as short
Binance XAGUSDT	+0.0094%	4h	66.440	+0.187%	$191.0M	$729.7M	100x	as long as short
edgeX XAGUSDC	+0.0098%	4h	66.377	+0.092%	$673K	$315K	30x	as long as short
Pacifica XAG	+0.0100%	1h	66.381	+0.097%	$475K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.400	+0.126%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.330	+0.021%	$113K	$19K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.419	+0.155%	$48K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.380	+0.096%	$1.9M	$864K	20x	as long as short
Paradex XAG-USD-PERP	+0.0115%	8h	66.413	+0.145%	$30K	$1K	5x	as long as short
Aftermath Perps XAGUSDlong	+0.0131%	1h	66.316	long leg	$80K	$40K	10x
GRVT XAG_USDT_Perp	+0.0134%	4h	66.378	+0.094%	$402K	$1.4M	25x	as long as short
Lighter XAG	+0.0136%	1h	66.418	+0.153%	$5.2M	$11.0M	25x	as long as short
Hotstuff SILVER-PERP	+0.0136%	1h	66.405	+0.134%	$35K	$21K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0182%	8h	66.450	+0.202%	$27.5M	$66.7M	50x	as long as short
Hibachi XAG/USDT-P	+0.0216%	1h	66.352	+0.053%	$20K	$22K	10x	as long as short
Nado XAG-PERP	+0.0218%	1h	66.375	+0.089%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.435	+0.179%	$103K	—	111x	as long as short
Bullet SILVER-USD	+0.0268%	1h	66.442	+0.189%	$46K	$75K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0503%	1h	66.420	+0.157%	$51K	$359K	20x	as long as short