Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.046%

Price spread now: Bitget against Extended+0.096%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$220.215% of the position

Long on Extended Short on Bitget

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−0.046%−$5 · spread now +0.096%, 7d avg +0.075%

Together, before fees−0.031%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.022% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	65.297	0.0032	pay 0.0004% / 1h	28m 56s	$5.1M	$11.6M	10x
Short	Bitget XAGUSDT	65.360	0.0180	get 0.0090% / 4h	1h 28m	$23.8M	$46.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.096%Rate

Funding earned: $31.08
Price spread: +0.096% → +0.075%: $2.17
Slippage, 4 orders: −$4.51
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: $11.74
Costs to cover: 0.215%
Break-even: 4.4 days

Slippage from Extended: live order book, 5 min ago; Bitget: 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 Extended live order book, 5 min ago	0.08 bp	4.4 bp −$4	6.7 bp −$67	14.9 bp −$1,491	doesn't fit
Sell Bitget live order book, 5 min ago	0.76 bp	7.8 bp −$8	9.8 bp −$98	19.0 bp −$1,898	43.6 bp −$21.8K

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	65.297	−0.001%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0094%	1h	65.220	−0.118%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.295	−0.003%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.360	+0.096%	$28.0M	$39.8M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.340	+0.066%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.380	+0.127%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.360	+0.096%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.310	+0.020%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0018%	4h	65.380	+0.127%	$141.2M	$182.1M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.340	+0.065%	$4.6M	$9.8M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USDlong	+0.0032%	1h	65.297	long leg	$5.1M	$11.6M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.689%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.320	+0.035%	$786K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0041%	4h	65.340	+0.066%	$2.7M	$966K	100x	as long as short
Variational Omni XAG	+0.0043%	4h	65.344	+0.071%	$5.5M	$9.4M	—	as long as short
Vest SI-PERP	+0.0046%	1h	65.745	+0.686%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.320	+0.035%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.310	+0.020%	$170.3M	$83.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.296	−0.002%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.265	−0.049%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.317	+0.030%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.328	+0.047%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.313	+0.024%	$56K	$31K	25x	as long as short
MEXC SILVER_USDT	+0.0064%	4h	65.360	+0.096%	$116.0M	$157.4M	1000x	as long as short
Binance XAGUSDT	+0.0065%	4h	65.366	+0.106%	$190.2M	$763.5M	100x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.315	+0.028%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0073%	4h	65.347	+0.077%	$665K	$314K	30x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.302	+0.007%	$487K	$30.8M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.285	−0.019%	$467K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.320	+0.035%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.340	+0.066%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0114%	4h	65.360	+0.096%	$397K	$1.6M	25x	as long as short
Hotstuff SILVER-PERP	+0.0120%	1h	65.315	+0.027%	$35K	$21K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	+0.127%	$1.6M	$1.4M	20x	as long as short
Nado XAG-PERP	+0.0128%	1h	65.294	−0.005%	$1.2M	$5.5M	10x	as long as short
Lighter XAG	+0.0136%	1h	65.345	+0.073%	$5.4M	$11.4M	25x	as long as short
Bullet SILVER-USD	+0.0175%	1h	65.335	+0.058%	$43K	$76K	10x	as long as short
Bitget XAGUSDTshort	+0.0180%	4h	65.360	+0.096%	$23.8M	$46.3M	100x
OKX XAG-USDT-SWAP	+0.0185%	8h	65.360	+0.096%	$28.0M	$71.0M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.310	+0.020%	$65K	$377K	20x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	65.318	+0.032%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0260%	4h	65.350	+0.081%	$2.6M	$611K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.355	+0.089%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.301	+0.006%	$915K	$746K	25x	as long as short