Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.046%

Price spread now: Extended against Bitget−0.088%7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.088%, 7d avg −0.075%

Together, before fees+0.023%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.075%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAGUSDT	65.350	0.0178	pay 0.0089% / 4h	1h 26m	$23.8M	$46.3M	100x
Short	Extended XAG-USD	65.292	0.0032	get 0.0004% / 1h	26m 47s	$5.1M	$11.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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 BitgetbpFee ExtendedbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$30.66
Price spread: −0.088% → −0.075%: −$1.36
Slippage, 4 orders: −$2.71
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$51.73
Costs to cover: 0.197%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 2 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 Bitget live order book, 2 min ago	0.76 bp	7.1 bp −$7	9.2 bp −$92	16.5 bp −$1,647	49.8 bp −$24.9K
Sell Extended live order book, 2 min ago	0.08 bp	2.6 bp −$3	4.5 bp −$45	11.3 bp −$1,127	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
Hibachi XAG/USDT-P	−0.0176%	1h	65.292	−0.088%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0094%	1h	65.220	−0.199%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0048%	1h	65.312	−0.058%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.295	−0.084%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.350	0.000%	$27.8M	$39.9M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.380	+0.046%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.390	+0.061%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.380	+0.046%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.281	−0.105%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0020%	4h	65.370	+0.031%	$141.0M	$182.4M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.349	−0.001%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USDshort	+0.0032%	1h	65.292	−0.088%	$5.1M	$11.7M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.607%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.330	−0.031%	$786K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0041%	4h	65.340	−0.015%	$2.7M	$975K	100x	as long as short
Variational Omni XAG	+0.0043%	4h	65.344	−0.010%	$5.5M	$9.4M	—	as long as short
Vest SI-PERP	+0.0046%	1h	65.785	+0.666%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.350	0.000%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.345	−0.008%	$170.4M	$83.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.330	−0.031%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.292	−0.089%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.328	−0.034%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.377	+0.042%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.313	−0.057%	$56K	$31K	25x	as long as short
Binance XAGUSDT	+0.0064%	4h	65.350	0.000%	$190.9M	$763.7M	100x	as long as short
MEXC SILVER_USDT	+0.0064%	4h	65.340	−0.015%	$116.0M	$157.4M	1000x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.351	+0.001%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.320	−0.046%	$487K	$30.8M	8.1x	as long as short
edgeX XAGUSDC	+0.0082%	4h	65.326	−0.037%	$665K	$312K	30x	as long as short
Pacifica XAG	+0.0100%	1h	65.292	−0.088%	$467K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.330	−0.031%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.290	−0.092%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0114%	4h	65.360	+0.015%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	+0.046%	$1.6M	$1.4M	20x	as long as short
Nado XAG-PERP	+0.0130%	1h	65.314	−0.056%	$1.2M	$5.4M	10x	as long as short
Lighter XAG	+0.0144%	1h	65.393	+0.066%	$5.4M	$11.4M	25x	as long as short
Bullet SILVER-USD	+0.0178%	1h	65.370	+0.031%	$44K	$76K	10x	as long as short
Bitget XAGUSDTlong	+0.0178%	4h	65.350	long leg	$23.8M	$46.3M	100x
OKX XAG-USDT-SWAP	+0.0184%	8h	65.350	0.000%	$28.0M	$70.6M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.330	−0.031%	$65K	$378K	20x	as long as short
Aftermath Perps XAGUSD	+0.0220%	1h	65.330	−0.030%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0255%	4h	65.350	0.000%	$2.6M	$611K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.365	+0.023%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.332	−0.028%	$915K	$746K	25x	as long as short