Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0135%/8h= +14.7% APRpaid last 24h +0.023%

Price spread now: Aster against dYdX+0.103%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.103% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XAG-USD	66.272	0	get 0.0000% / 1h	26m 44s	$15K	—	5x
Short	Aster XAGUSDT	66.340	0.0135	get 0.0067% / 4h	1h 26m	$2.7M	$875K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now +0.103%Rate

Funding earned: $28.26
Price spread: +0.103% → 0.000%: $10.26
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $20.52
Costs to cover: 0.180%
Break-even: 1.9 days

Slippage unknown: dYdX: no order-book sample; Aster: live order book, 2 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	1.51 bp	5.5 bp −$6	6.8 bp −$68	11.4 bp −$1,141	doesn't fit

dYdX: 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-USDlong	0.0000%	1h	66.272	long leg	$15K	—	5x
Gate XAG_USDT	0.0000%	4h	66.350	+0.118%	$150.3M	$164.1M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.340	+0.103%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.380	+0.163%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.340	+0.103%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.272	−0.001%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.323	+0.076%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.271	−0.001%	$5.2M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.193%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.250	−0.033%	$797K	$2.9M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.761	+0.738%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.312	+0.060%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.296	+0.036%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.263	−0.014%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.230	−0.063%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.330	+0.088%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0064%	24h	66.294	+0.033%	$533K	$24.6M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.278	+0.009%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0097%	1h	66.304	+0.048%	$166.0M	$74.3M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.285	+0.020%	$472K	$610K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.300	+0.042%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.260	−0.018%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0134%	8h	66.332	+0.090%	$30K	$1K	5x	as long as short
Aster XAGUSDTshort	+0.0135%	4h	66.340	+0.103%	$2.7M	$875K	100x
Bybit XAGUSDT	+0.0158%	4h	66.370	+0.148%	$26.9M	$36.1M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.331	+0.089%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0179%	4h	66.321	+0.075%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.340	+0.103%	$1.3M	$4.5M	20x	as long as short
Lighter XAG	+0.0192%	1h	66.335	+0.094%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.270	−0.003%	$1.9M	$980K	20x	as long as short
MEXC SILVER_USDT	+0.0194%	4h	66.320	+0.072%	$103.4M	$153.4M	1000x	as long as short
BloFin XAG-USDT	+0.0195%	4h	66.320	+0.072%	$2.6M	$553K	100x	as long as short
Binance XAGUSDT	+0.0196%	4h	66.346	+0.111%	$192.3M	$705.6M	100x	as long as short
edgeX XAGUSDC	+0.0206%	4h	66.322	+0.075%	$673K	$313K	30x	as long as short
Nado XAG-PERP	+0.0210%	1h	66.295	+0.034%	$1.3M	$6.6M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0217%	8h	66.340	+0.103%	$27.8M	$65.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0235%	1h	66.276	+0.006%	$80K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0246%	4h	66.340	+0.103%	$23.8M	$45.8M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0266%	4h	66.301	+0.044%	$402K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.270	−0.003%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0280%	1h	66.345	+0.110%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0350% / S −0.0371%	1h	66.345	+0.110%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.320	+0.072%	$50K	$322K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.304	+0.049%	$915K	$671K	25x	as long as short