Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.022%

Price spread now: StandX against Binance+0.068%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Binance Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.068%, 7d avg −0.013%

Together, before fees−0.062%+ Points / potential airdropStandX: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. StandX is 0.081% dearer against Binance than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.013%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAGUSDT	65.625	0.0091	pay 0.0046% / 4h	1h 27m	$191.4M	$865.6M	100x
Short	StandX XAG-USD	65.670	0.0040	get 0.0005% / 1h	27m 00s	$790K	$2.9M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$10.74
Price spread: +0.068% → −0.013%: $8.12
Slippage, 4 orders: −$7.62
Fee Binance: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$28.23
Costs to cover: 0.256%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; StandX: live order book, 5 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 Binance live order book, 10 min ago	0.76 bp	5.8 bp −$6	6.6 bp −$66	9.7 bp −$967	25.1 bp −$12.5K
Sell StandX live order book, 5 min ago	3.05 bp	7.0 bp −$7	7.0 bp −$70	31.9 bp −$3,186	doesn't fit

XAG on 44 exchanges

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
Hotstuff SILVER-PERP	−3.2000%	1h	65.632	+0.010%	$36K	$23K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.586	−0.060%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.640	+0.022%	$138.2M	$205.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.610	−0.023%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.640	+0.022%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.620	−0.008%	$1.5M	$255K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.603	−0.035%	$119K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0031%	1h	65.550	−0.115%	$5.6M	$11.1M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	65.595	−0.046%	$4.5M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.562	−0.096%	$5.1M	$11.9M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.559%	$11K	$240	52x	as long as short
StandX XAG-USDshort	+0.0040%	1h	65.670	+0.068%	$790K	$2.9M	40x
Vest SI-PERP	+0.0046%	1h	66.048	+0.644%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.600	−0.039%	$3.8M	$907K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.539	−0.132%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.620	−0.008%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.617	−0.014%	$29K	—	5x	as long as short
Variational Omni XAG	+0.0067%	4h	65.630	+0.006%	$5.7M	$9.1M	—	as long as short
tradeXYZ xyz:SILVER	+0.0072%	1h	65.590	−0.054%	$175.3M	$95.0M	25x	as long as short
Bybit XAGUSDT	+0.0080%	4h	65.630	+0.007%	$30.4M	$48.3M	150x	as long as short
Aster XAGUSDT	+0.0088%	4h	65.620	−0.008%	$2.7M	$1.2M	100x	as long as short
Binance XAGUSDTlong	+0.0091%	4h	65.625	long leg	$191.4M	$865.6M	100x
MEXC SILVER_USDT	+0.0092%	4h	65.620	−0.008%	$118.4M	$164.7M	1000x	as long as short
Pacifica XAG	+0.0100%	1h	65.587	−0.059%	$464K	$559K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.570	−0.084%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.600	−0.039%	$112K	$19K	50x	as long as short
Kalshi KXSILVERPERP	+0.0102%	24h	65.647	+0.033%	$758K	$39.1M	8.1x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.596	−0.044%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.620	−0.008%	$1.6M	$1.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0108%	4h	65.649	+0.037%	$386K	$1.6M	25x	as long as short
edgeX XAGUSDC	+0.0111%	4h	65.637	+0.017%	$669K	$313K	30x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.639	+0.020%	$1.3M	$5.2M	20x	as long as short
Phoenix SILVER	+0.0122%	1h	65.611	−0.022%	$55K	$14K	25x	as long as short
Nado XAG-PERP	+0.0135%	1h	65.590	−0.053%	$1.2M	$3.5M	10x	as long as short
Lighter XAG	+0.0136%	1h	65.606	−0.029%	$5.1M	$11.7M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0196%	8h	65.630	+0.007%	$28.0M	$85.9M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.580	−0.069%	$77K	$414K	20x	as long as short
Bullet SILVER-USD	+0.0216%	1h	65.618	−0.012%	$45K	$73K	10x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	65.616	−0.014%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0228%	4h	65.620	−0.008%	$23.2M	$53.0M	100x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.617	−0.013%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0274% / S −0.0244%	1h	65.615	−0.016%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0332%	4h	65.680	+0.083%	$2.7M	$764K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0548%	1h	65.588	−0.057%	$1.0M	$952K	25x	as long as short