Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h −0.001%

Price spread now: Aevo against Binance−0.007%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

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: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAGUSDT	65.370	0.0055	pay 0.0028% / 4h	58m 25s	$191.6M	$763.4M	100x
Short	Aevo XAG-PERP	65.365	0.0072	get 0.0009% / 1h	58m 25s	$47K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.007%Rate

Funding earned: $3.56
Price spread: −0.007% → 0.000%: −$0.7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$23.14
Costs to cover: 0.260%
Break-even: 52.5 days

Slippage unknown: Binance: live order book, 15 min ago; Aevo: 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 Binance live order book, 15 min ago	0.76 bp	5.8 bp −$6	5.8 bp −$58	8.1 bp −$805	18.1 bp −$9,055
Sell Aevo no order-book sample	—	—	—	—	—

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 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	65.293	−0.118%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.380	+0.015%	$27.8M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.370	0.000%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.370	0.000%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.340	−0.046%	$1.5M	$281K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0001%	1h	65.270	−0.153%	$5.6M	$9.7M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.310	−0.092%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0030%	4h	65.314	−0.086%	$5.5M	$9.2M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.325	−0.069%	$4.6M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.307	−0.097%	$5.1M	$11.6M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.576%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	65.390	+0.031%	$141.4M	$176.1M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.330	−0.061%	$786K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0042%	4h	65.378	+0.012%	$2.7M	$958K	100x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.390	+0.031%	$152K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.764	+0.603%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.291	−0.121%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.351	−0.029%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.303	−0.102%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.329	−0.063%	$29K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0054%	4h	65.360	−0.015%	$116.8M	$155.9M	1000x	as long as short
Binance XAGUSDTlong	+0.0055%	4h	65.370	long leg	$191.6M	$763.4M	100x
Phoenix SILVER	+0.0061%	1h	65.274	−0.147%	$56K	$30K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0065%	1h	65.329	−0.063%	$170.5M	$83.2M	25x	as long as short
Aevo XAG-PERPshort	+0.0072%	1h	65.365	−0.007%	$47K	—	10x
edgeX XAGUSDC	+0.0075%	4h	65.308	−0.096%	$665K	$314K	30x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.295	−0.115%	$481K	$31.2M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.230	−0.214%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.289	−0.124%	$468K	$621K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.340	−0.046%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.260	−0.168%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.382	+0.018%	$1.2M	$4.9M	20x	as long as short
Lighter XAG	+0.0136%	1h	65.315	−0.084%	$5.3M	$11.1M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0142%	4h	65.325	−0.069%	$391K	$1.6M	25x	as long as short
Hibachi XAG/USDT-P	+0.0152%	1h	65.288	−0.126%	$20K	$18K	10x	as long as short
Nado XAG-PERP	+0.0167%	1h	65.305	−0.099%	$1.2M	$5.1M	10x	as long as short
Bitget XAGUSDT	+0.0170%	4h	65.380	+0.015%	$23.7M	$45.9M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0183%	8h	65.370	0.000%	$28.2M	$71.0M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.350	−0.031%	$66K	$385K	20x	as long as short
Aftermath Perps XAGUSD	+0.0215%	1h	65.301	−0.105%	$78K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0222%	4h	65.310	−0.092%	$2.6M	$598K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.375	+0.008%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0248%	1h	65.372	+0.003%	$44K	$75K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.342	−0.043%	$1.0M	$875K	25x	as long as short