Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0039%/8h= −4.2% APRpaid last 24h −0.005%

Price spread now: Binance against Aftermath Perps+0.066%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 Binance

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—needs both histories

The price spread pays, funding is against you. Binance is 0.066% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XAGUSD	66.016	0.0196	pay 0.0024% / 1h	32m 02s	$79K	$40K	10x
Short	Binance XAGUSDT	66.060	0.0157	get 0.0079% / 4h	3h 32m	$190.6M	$791.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.066%Rate

Funding earned: −$8.09
Price spread: +0.066% → 0.000%: $6.6
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$20.49
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Binance: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	0.76 bp	5.8 bp −$6	5.8 bp −$58	8.7 bp −$874	21.2 bp −$10.6K

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
dYdX XAG-USD	0.0000%	1h	65.984	−0.050%	$15K	$997	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.060	+0.066%	$132.8M	$192.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.060	+0.066%	$2K	$3.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.070	+0.081%	$1.0M	$1.2M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.090	+0.111%	$1.5M	$259K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0003%	1h	65.940	−0.116%	$6.2M	$9.0M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.983	−0.051%	$119K	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0016%	1h	66.019	+0.004%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.040	+0.036%	$4.6M	$9.6M	25x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.581%	$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
StandX XAG-USD	+0.0040%	1h	65.980	−0.055%	$698K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.490	+0.717%	—	—	25x	as long as short
Kalshi KXSILVERPERP	+0.0047%	24h	66.016	−0.001%	$687K	$21.6M	8.1x	as long as short
Phoenix SILVER	+0.0048%	1h	65.979	−0.057%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.022	+0.008%	$3.9M	$740K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.983	−0.051%	$4K	$5K	20x	as long as short
QFEX SILVER-USD	+0.0053%	1h	66.060	+0.066%	$144K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0076%	1h	66.012	−0.007%	$161.6M	$95.8M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.011	−0.008%	$472K	$671K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.020	+0.005%	$24.1M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.990	−0.040%	$112K	$88K	50x	as long as short
Aster XAGUSDT	+0.0109%	4h	66.040	+0.036%	$2.8M	$1.2M	100x	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.052	+0.054%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0144%	4h	66.066	+0.075%	$5.5M	$12.6M	—	as long as short
Aevo XAG-PERP	+0.0152%	1h	66.049	+0.050%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0156%	4h	66.050	+0.051%	$119.2M	$190.1M	1000x	as long as short
Binance XAGUSDTshort	+0.0157%	4h	66.060	+0.066%	$190.6M	$791.7M	100x
BloFin XAG-USDT	+0.0161%	4h	66.070	+0.081%	$2.6M	$1.4M	100x	as long as short
RISEx XAG/USDC	+0.0162%	1h	66.056	+0.060%	$1.4M	$4.3M	20x	as long as short
edgeX XAGUSDC	+0.0163%	4h	66.065	+0.074%	$669K	$314K	30x	as long as short
Extended XAG-USD	+0.0168%	1h	65.985	−0.048%	$5.2M	$15.2M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0168%	1h	66.040	+0.036%	$1.9M	$1.2M	20x	as long as short
Lighter XAG	+0.0192%	1h	66.045	+0.043%	$5.4M	$10.9M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	66.050	+0.051%	$27.5M	$68.1M	50x	as long as short
Aftermath Perps XAGUSDlong	+0.0196%	1h	66.016	long leg	$79K	$40K	10x
Bullet SILVER-USD	+0.0251%	1h	66.065	+0.074%	$44K	$76K	10x	as long as short
Nado XAG-PERP	+0.0254%	1h	65.998	−0.028%	$1.3M	$6.5M	10x	as long as short
Bybit XAGUSDT	+0.0278%	4h	66.080	+0.096%	$25.1M	$37.7M	150x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.011	−0.009%	$20K	$22K	10x	as long as short
Bitget XAGUSDT	+0.0290%	4h	66.060	+0.066%	$23.1M	$51.2M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0309% / S −0.0312%	1h	66.065	+0.074%	$103K	—	111x	as long as short
GRVT XAG_USDT_Perp	+0.0342%	4h	66.060	+0.066%	$400K	$1.8M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.030	+0.021%	$88K	$501K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0402%	1h	66.029	+0.019%	$777K	$650K	25x	as long as short