Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.017%

Price spread now: RISEx against Aster+0.056%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$170.165% of the position

Long on Aster Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.041%+$4 on $10k

Price spread, last 7 days−0.071%−$7 · spread now +0.056%, 7d avg −0.011%

Together, before fees−0.030%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.066% dearer against Aster than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.011%): +$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 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.387	0.0096	pay 0.0048% / 4h	2h 57m	$2.7M	$1.0M	100x
Short	RISEx XAG/USDC	66.424	0.0079	get 0.0010% / 1h	57m 29s	$1.2M	$4.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Aster. 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 AsterbpFee RISExbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$3.65
Price spread: +0.056% → −0.011%: $6.62
Slippage, 4 orders: −$2.51
Fee Aster: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$13.54
Costs to cover: 0.165%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; RISEx: live order book, 1 min ago.

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 Aster live order book, 1 min ago	0.75 bp	4.8 bp −$5	6.5 bp −$65	16.1 bp −$1,605	doesn't fit
Sell RISEx live order book, 1 min ago	0.50 bp	3.5 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit

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	66.325	−0.094%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.450	+0.094%	$25.9M	$35.7M	150x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.369	−0.028%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.430	+0.064%	$154.2M	$159.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.460	+0.109%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.520	+0.200%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.450	+0.094%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.409	+0.032%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.377	−0.015%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.346	−0.062%	$5.4M	$12.5M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0033%	1h	66.320	−0.101%	$5.7M	$9.5M	25x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.019%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.450	+0.094%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.852	+0.700%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.369	−0.028%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.390	+0.004%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.385	−0.004%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.410	+0.034%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.411	+0.036%	$548K	$23.0M	8.1x	as long as short
RISEx XAG/USDCshort	+0.0079%	1h	66.424	+0.056%	$1.2M	$4.3M	20x
tradeXYZ xyz:SILVER	+0.0092%	1h	66.384	−0.005%	$165.7M	$85.2M	25x	as long as short
Aster XAGUSDTlong	+0.0096%	4h	66.387	long leg	$2.7M	$1.0M	100x
Pacifica XAG	+0.0100%	1h	66.371	−0.025%	$473K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.360	−0.041%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.390	+0.004%	$126K	$23K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.235%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.414	+0.040%	$30K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.509	+0.183%	$675K	$316K	30x	as long as short
MEXC SILVER_USDT	+0.0124%	4h	66.410	+0.034%	$108.0M	$155.9M	1000x	as long as short
Binance XAGUSDT	+0.0126%	4h	66.420	+0.049%	$193.2M	$714.4M	100x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.450	+0.094%	$48K	—	10x	as long as short
Lighter XAG	+0.0160%	1h	66.386	−0.002%	$5.3M	$10.4M	25x	as long as short
BloFin XAG-USDT	+0.0169%	4h	66.450	+0.094%	$2.6M	$686K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	+0.034%	$1.9M	$960K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.454	+0.100%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0194%	8h	66.430	+0.064%	$28.0M	$66.6M	50x	as long as short
Bitget XAGUSDT	+0.0198%	4h	66.430	+0.064%	$24.5M	$46.4M	100x	as long as short
Aftermath Perps XAGUSD	+0.0204%	1h	66.460	+0.109%	$80K	$39K	10x	as long as short
Nado XAG-PERP	+0.0247%	1h	66.373	−0.022%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0266%	1h	66.474	+0.130%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.475	+0.132%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.371	−0.025%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.440	+0.079%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.425	+0.057%	$766K	$552K	25x	as long as short