Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.006%

Price spread now: Aster against Extended+0.082%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$160.162% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.082%, 7d avg +0.072%

Together, before fees−0.057%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	65.447	0.0032	pay 0.0004% / 1h	45m 37s	$5.1M	$12.2M	10x
Short	Aster XAGUSDT	65.500	0.0068	get 0.0034% / 4h	45m 37s	$2.7M	$1.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.082%Rate

Funding earned: $7.46
Price spread: +0.082% → +0.072%: $0.93
Slippage, 4 orders: −$3.22
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.83
Costs to cover: 0.162%
Break-even: 14.3 days

Slippage from Extended: live order book, 2 min ago; Aster: live order book, 1 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 Extended live order book, 2 min ago	0.08 bp	2.6 bp −$3	3.8 bp −$38	9.4 bp −$941	doesn't fit
Sell Aster live order book, 1 min ago	1.53 bp	5.5 bp −$6	6.9 bp −$69	12.4 bp −$1,245	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
dYdX XAG-USD	0.0000%	1h	65.439	−0.012%	$13K	$8K	5x	as long as short
RISEx XAG/USDC	0.0000%	1h	65.512	+0.100%	$1.3M	$5.5M	20x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	65.599	+0.233%	$39K	$26K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	65.510	+0.097%	$135.9M	$201.1M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.490	+0.066%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.510	+0.097%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.530	+0.127%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.462	+0.023%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.490	+0.066%	$4.5M	$9.6M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	65.447	long leg	$5.1M	$12.2M	10x

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	−1.291%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.570	+0.188%	$789K	$3.0M	40x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.500	+0.082%	$446K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.969	+0.798%	—	—	25x	as long as short
Variational Omni XAG	+0.0047%	4h	65.488	+0.064%	$5.5M	$9.0M	—	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.497	+0.077%	$3.8M	$1.5M	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.436	−0.016%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.410	−0.056%	$5.7M	$11.0M	25x	as long as short
Bybit XAGUSDT	+0.0052%	4h	65.550	+0.158%	$30.3M	$48.7M	150x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.487	+0.062%	$29K	—	5x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0056%	1h	65.470	+0.036%	$77K	$407K	20x	as long as short
Lighter XAG	+0.0064%	1h	65.493	+0.071%	$5.3M	$11.9M	25x	as long as short
Aster XAGUSDTshort	+0.0068%	4h	65.500	+0.082%	$2.7M	$1.2M	100x
MEXC SILVER_USDT	+0.0070%	4h	65.490	+0.066%	$115.2M	$163.5M	1000x	as long as short
Binance XAGUSDT	+0.0071%	4h	65.523	+0.117%	$189.3M	$868.5M	100x	as long as short
Aevo XAG-PERP	+0.0080%	1h	65.509	+0.095%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0080%	4h	65.541	+0.144%	$668K	$315K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0088%	4h	65.497	+0.077%	$388K	$1.6M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0098%	1h	65.470	+0.036%	$175.3M	$87.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.444	−0.004%	$462K	$518K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.470	+0.036%	$25.3M	$4.4M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.500	+0.082%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.480	+0.051%	$1.6M	$2.0M	20x	as long as short
Kalshi KXSILVERPERP	+0.0108%	24h	65.514	+0.103%	$742K	$40.2M	8.1x	as long as short
Nado XAG-PERP	+0.0123%	1h	65.499	+0.080%	$1.2M	$3.4M	10x	as long as short
Phoenix SILVER	+0.0134%	1h	65.480	+0.051%	$55K	$15K	25x	as long as short
OKX XAG-USDT-SWAP	+0.0169%	8h	65.540	+0.143%	$27.6M	$87.6M	50x	as long as short
Bitget XAGUSDT	+0.0206%	4h	65.540	+0.143%	$23.2M	$54.1M	100x	as long as short
Bullet SILVER-USD	+0.0223%	1h	65.542	+0.146%	$44K	$73K	10x	as long as short
Aftermath Perps XAGUSD	+0.0223%	1h	65.528	+0.124%	$79K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	65.494	+0.072%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0283% / S −0.0256%	1h	65.535	+0.135%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0289%	4h	65.560	+0.173%	$2.7M	$783K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0540%	1h	65.489	+0.065%	$1.0M	$948K	25x	as long as short