Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.003%

Price spread now: SoDEX against Aster−0.087%7-day average — · you buy dearer than you sell

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

Long on Aster Short on SoDEX

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.087% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	66.400	0.0096	pay 0.0048% / 4h	36m 03s	$2.8M	$1.1M	100x
Short	SoDEX SILVER-USD	66.342	0.0050	get 0.0006% / 1h	36m 03s	$4K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$9.66
Price spread: −0.087% → 0.000%: −$8.73
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$34.39
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; SoDEX: no order-book sample. 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 Aster live order book, 2 min ago	0.75 bp	4.8 bp −$5	6.2 bp −$62	15.2 bp −$1,516	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	66.370	−0.046%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.430	+0.045%	$25.9M	$33.7M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.420	+0.030%	$147.2M	$170.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.410	+0.015%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.440	+0.060%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.440	+0.060%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.345	−0.083%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.400	0.000%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.344	−0.084%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	0.000%	$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	66.418	+0.027%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.340	−0.090%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.848	+0.675%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.370	−0.045%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USDshort	+0.0050%	1h	66.342	−0.087%	$4K	$5K	20x
BloFin XAG-USDT	+0.0050%	4h	66.430	+0.045%	$2.6M	$650K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.120%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.371	−0.044%	$594K	$21.2M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.410	+0.015%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0070%	1h	66.379	−0.032%	$165.5M	$86.9M	25x	as long as short
Variational Omni XAG	+0.0095%	4h	66.427	+0.041%	$5.6M	$10.1M	—	as long as short
Aster XAGUSDTlong	+0.0096%	4h	66.400	long leg	$2.8M	$1.1M	100x
Pacifica XAG	+0.0100%	1h	66.379	−0.032%	$475K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.370	−0.045%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.360	−0.060%	$126K	$26K	50x	as long as short
Paradex XAG-USD-PERP	+0.0103%	8h	66.412	+0.018%	$30K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0104%	4h	66.410	+0.015%	$114.6M	$153.0M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.408	+0.012%	$48K	—	10x	as long as short
Binance XAGUSDT	+0.0106%	4h	66.409	+0.014%	$191.8M	$722.7M	100x	as long as short
edgeX XAGUSDC	+0.0107%	4h	66.436	+0.055%	$674K	$314K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.403	+0.004%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0126%	4h	66.420	+0.030%	$24.2M	$47.9M	100x	as long as short
Aftermath Perps XAGUSD	+0.0154%	1h	66.387	−0.019%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0158%	4h	66.470	+0.105%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.420	+0.030%	$1.9M	$847K	20x	as long as short
Hotstuff SILVER-PERP	+0.0184%	1h	66.388	−0.018%	$35K	$21K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0188%	8h	66.420	+0.030%	$27.6M	$66.1M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.420	+0.030%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0247%	1h	66.413	+0.020%	$45K	$75K	10x	as long as short
Nado XAG-PERP	+0.0258%	1h	66.346	−0.081%	$1.3M	$6.6M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.405	+0.008%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.387	−0.020%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.400	0.000%	$50K	$361K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.380	−0.031%	$767K	$566K	25x	as long as short