Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0209%/8h= +22.9% APRpaid last 24h +0.034%

Price spread now: Bullet against KuCoin+0.074%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bullet is 0.074% dearer against KuCoin than usual: you sell high and buy low: +$7 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	KuCoin XAGUSDTM	66.080	0.0100	pay 0.0050% / 4h	34m 13s	$24.5M	$4.5M	75x
Short	Bullet SILVER-USD	66.129	0.0309	get 0.0039% / 1h	34m 13s	$45K	$76K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against KuCoin. 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 KuCoinbpFee BulletbpOrdersPrice spread, now +0.074%Rate

Funding earned: $43.95
Price spread: +0.074% → 0.000%: $7.42
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bullet: 4 bp × 2 orders: −$8
Net: $31.36
Costs to cover: 0.200%
Break-even: 2.0 days

Slippage unknown: KuCoin: live order book, 5 min ago; Bullet: 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 KuCoin live order book, 5 min ago	1.51 bp	7.9 bp −$8	17.1 bp −$171	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	66.022	−0.087%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.140	+0.091%	$150.1M	$163.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.140	+0.091%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.160	+0.121%	$1.0M	$978K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.130	+0.076%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.056	−0.036%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.108	+0.042%	$4.7M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.054	−0.040%	$5.2M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.484%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.110	+0.045%	$795K	$3.0M	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	66.549	+0.710%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.092	+0.018%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.052	−0.042%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.010	−0.106%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.120	+0.061%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.050	−0.045%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0069%	24h	66.085	+0.008%	$518K	$25.5M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.068	−0.018%	$470K	$619K	10x	as long as short
KuCoin XAGUSDTMlong	+0.0100%	4h	66.080	long leg	$24.5M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.070	−0.015%	$113K	$30K	50x	as long as short
Hotstuff SILVER-PERP	+0.0120%	1h	66.074	−0.009%	$35K	$21K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0133%	1h	66.091	+0.017%	$165.5M	$74.0M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.124	+0.066%	$1.3M	$4.5M	20x	as long as short
Aster XAGUSDT	+0.0145%	4h	66.100	+0.030%	$2.7M	$876K	100x	as long as short
Paradex XAG-USD-PERP	+0.0151%	8h	66.120	+0.060%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0159%	4h	66.150	+0.106%	$27.0M	$36.1M	150x	as long as short
Nado XAG-PERP	+0.0195%	1h	66.060	−0.031%	$1.3M	$6.5M	10x	as long as short
Lighter XAG	+0.0200%	1h	66.119	+0.059%	$5.2M	$10.5M	25x	as long as short
Aevo XAG-PERP	+0.0200%	1h	66.117	+0.056%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.130	+0.076%	$1.8M	$999K	20x	as long as short
BloFin XAG-USDT	+0.0201%	4h	66.110	+0.045%	$2.6M	$554K	100x	as long as short
Variational Omni XAG	+0.0210%	4h	66.123	+0.066%	$5.6M	$9.7M	—	as long as short
MEXC SILVER_USDT	+0.0216%	4h	66.120	+0.061%	$109.2M	$152.5M	1000x	as long as short
Binance XAGUSDT	+0.0216%	4h	66.133	+0.080%	$192.8M	$700.9M	100x	as long as short
edgeX XAGUSDC	+0.0220%	4h	66.135	+0.083%	$671K	$311K	30x	as long as short
Aftermath Perps XAGUSD	+0.0230%	1h	66.091	+0.016%	$80K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0231%	8h	66.130	+0.076%	$27.8M	$65.5M	50x	as long as short
Bitget XAGUSDT	+0.0260%	4h	66.120	+0.061%	$23.8M	$45.7M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0286%	4h	66.160	+0.121%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USDshort	+0.0309%	1h	66.129	+0.074%	$45K	$76K	10x
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.100	+0.030%	$62K	$348K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0376% / S −0.0410%	1h	66.135	+0.083%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0376%	1h	66.080	0.000%	$20K	$19K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.088	+0.012%	$912K	$676K	25x	as long as short