Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0164%/8h= −17.9% APRpaid last 24h −0.039%

Price spread now: RISEx against Bitget+0.015%7-day average −0.014% · 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−$21as in the Price arb table

costs, in and out, $10k−$240.236% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.021%−$2 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.015%, 7d avg −0.014%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.029% dearer against Bitget than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.014%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 4 days (−0.021% in total) that is about 5.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAGUSDT	65.960	0.0244	pay 0.0122% / 4h	3h 41m	$23.9M	$45.3M	100x
Short	RISEx XAG/USDC	65.970	0.0080	get 0.0010% / 1h	41m 42s	$1.3M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$34.34
Price spread: +0.015% → −0.014%: $2.94
Slippage, 4 orders: −$5.56
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$54.96
Costs to cover: 0.236%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; RISEx: 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	6.8 bp −$7	8.2 bp −$82	16.9 bp −$1,691	55.7 bp −$27.9K
Sell RISEx live order book, 2 min ago	1.46 bp	4.5 bp −$4	5.2 bp −$52	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
Ondo Perps XAG-USD.P	−0.0046%	1h	65.830	−0.197%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.040%	$14K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.970	+0.015%	$149.5M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.960	0.000%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.020	+0.091%	$1.0M	$967K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.980	+0.030%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.891	−0.104%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.936	−0.036%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.891	−0.104%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.667%	$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
StandX XAG-USD	+0.0040%	1h	65.970	+0.015%	$793K	$3.1M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.384	+0.643%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.922	−0.058%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.926	−0.052%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.891	−0.105%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0052%	1h	65.913	−0.071%	$165.8M	$73.6M	25x	as long as short
QFEX SILVER-USD	+0.0060%	1h	65.950	−0.015%	$114K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	65.922	−0.058%	$539K	$25.9M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	65.967	+0.011%	$56K	$26K	25x	as long as short
RISEx XAG/USDCshort	+0.0080%	1h	65.970	+0.015%	$1.3M	$4.9M	20x
Pacifica XAG	+0.0100%	1h	65.894	−0.100%	$469K	$614K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.920	−0.061%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.960	0.000%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	65.947	−0.020%	$5.2M	$10.6M	25x	as long as short
Paradex XAG-USD-PERP	+0.0119%	8h	65.951	−0.013%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0121%	4h	65.970	+0.015%	$27.4M	$36.5M	150x	as long as short
Aster XAGUSDT	+0.0138%	4h	65.953	−0.010%	$2.7M	$871K	100x	as long as short
Nado XAG-PERP	+0.0177%	1h	65.912	−0.072%	$1.4M	$6.1M	10x	as long as short
Aevo XAG-PERP	+0.0184%	1h	65.946	−0.021%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0195%	4h	66.003	+0.066%	$5.6M	$9.4M	—	as long as short
BloFin XAG-USDT	+0.0196%	4h	66.000	+0.061%	$2.6M	$556K	100x	as long as short
MEXC SILVER_USDT	+0.0202%	4h	65.950	−0.015%	$112.7M	$152.1M	1000x	as long as short
Binance XAGUSDT	+0.0203%	4h	65.970	+0.015%	$191.0M	$702.5M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.015%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0217%	1h	65.937	−0.034%	$79K	$36K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0218%	4h	66.022	+0.094%	$394K	$1.5M	25x	as long as short
edgeX XAGUSDC	+0.0219%	4h	65.962	+0.003%	$669K	$310K	30x	as long as short
Bullet SILVER-USD	+0.0234%	1h	65.965	+0.008%	$45K	$76K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0234%	8h	65.960	0.000%	$27.6M	$64.8M	50x	as long as short
Bitget XAGUSDTlong	+0.0244%	4h	65.960	long leg	$23.9M	$45.3M	100x
Hibachi XAG/USDT-P	+0.0336%	1h	65.920	−0.061%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0357%	1h	65.940	−0.030%	$75K	$363K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	65.965	+0.008%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0625%	1h	65.924	−0.054%	$910K	$683K	25x	as long as short