Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.033%

Price spread now: Aevo against Gate−0.027%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aevo

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—needs both histories

Funding pays, the price is against you. Aevo is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	66.780	0	get 0.0000% / 4h	3h 52m	$155.7M	$165.1M	100x
Short	Aevo XAG-PERP	66.762	0.0112	get 0.0014% / 1h	52m 15s	$48K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.027%Rate

Funding earned: $23.52
Price spread: −0.027% → 0.000%: −$2.67
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$10.15
Costs to cover: 0.310%
Break-even: 10.0 days

Slippage unknown: Gate: live order book, 2 min ago; Aevo: no order-book sample. 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 Gate live order book, 2 min ago	0.75 bp	8.2 bp −$8	9.5 bp −$95	12.1 bp −$1,206	15.1 bp −$7,566
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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-USD	0.0000%	1h	66.742	−0.056%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.810	+0.045%	$26.1M	$35.3M	150x	as long as short
Gate XAG_USDTlong	0.0000%	4h	66.780	long leg	$155.7M	$165.1M	100x
SunX XAG-USDT	0.0000%	4h	66.790	+0.015%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.860	+0.120%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.800	+0.030%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.751	−0.044%	$121K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0008%	1h	66.739	−0.061%	$36K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.786	+0.010%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.742	−0.057%	$5.4M	$13.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.569%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.780	0.000%	$803K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.228	+0.671%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.670	−0.165%	$57K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.747	−0.049%	$166.2M	$85.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.742	−0.057%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.749	−0.046%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.690	−0.135%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.760	−0.030%	$115K	$2.8M	20x	as long as short
BloFin XAG-USDT	+0.0056%	4h	66.800	+0.030%	$2.6M	$671K	100x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.731	−0.073%	$570K	$21.8M	8.1x	as long as short
Variational Omni XAG	+0.0087%	4h	66.806	+0.039%	$5.6M	$10.1M	—	as long as short
Lighter XAG	+0.0088%	1h	66.796	+0.024%	$5.4M	$10.4M	25x	as long as short
Paradex XAG-USD-PERP	+0.0092%	8h	66.797	+0.026%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.756	−0.035%	$482K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.760	−0.030%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.750	−0.045%	$127K	$26K	50x	as long as short
Aster XAGUSDT	+0.0106%	4h	66.780	0.000%	$2.8M	$1.1M	100x	as long as short
edgeX XAGUSDC	+0.0106%	4h	66.731	−0.073%	$677K	$313K	30x	as long as short
MEXC SILVER_USDT	+0.0110%	4h	66.770	−0.015%	$116.5M	$154.6M	1000x	as long as short
Binance XAGUSDT	+0.0110%	4h	66.802	+0.033%	$192.3M	$725.7M	100x	as long as short
Aevo XAG-PERPshort	+0.0112%	1h	66.762	−0.027%	$48K	—	10x
Nado XAG-PERP	+0.0128%	1h	66.745	−0.053%	$1.3M	$6.6M	10x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.782	+0.004%	$1.3M	$4.2M	20x	as long as short
Bitget XAGUSDT	+0.0166%	4h	66.800	+0.030%	$24.8M	$48.8M	100x	as long as short
Aftermath Perps XAGUSD	+0.0174%	1h	66.733	−0.070%	$80K	$40K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.760	−0.030%	$1.9M	$963K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0190%	8h	66.800	+0.030%	$28.1M	$67.7M	50x	as long as short
Bullet SILVER-USD	+0.0191%	1h	66.801	+0.031%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.759	−0.032%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.815	+0.052%	$104K	—	111x	as long as short
GRVT XAG_USDT_Perp	+0.0298%	4h	66.830	+0.075%	$401K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0349%	1h	66.800	+0.030%	$51K	$348K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0487%	1h	66.762	−0.027%	$767K	$592K	25x	as long as short