Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.053%

Price spread now: Bitget against StandX−0.091%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on StandX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 7 days+0.097%+$10 · spread now −0.091%, 7d avg +0.014%

Together, before fees+0.139%+ Points / potential airdropStandX: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.105% cheaper against StandX than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.014%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.042% in total) that is about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	65.580	0.0040	pay 0.0005% / 1h	53m 45s	$789K	$3.0M	40x
Short	Bitget XAGUSDT	65.520	0.0196	get 0.0098% / 4h	1h 53m	$23.8M	$46.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against StandX. 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 StandXbpFee BitgetbpOrdersPrice spread, now −0.091%Rate

Funding earned: $32.76
Price spread: −0.091% → +0.014%: −$10.52
Slippage, 4 orders: −$16.32
Fee StandX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$14.08
Costs to cover: 0.363%
Break-even: 10.0 days

Slippage from StandX: 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 StandX live order book, 5 min ago	3.05 bp	8.5 bp −$9	11.4 bp −$114	39.3 bp −$3,930	doesn't fit
Sell Bitget live order book, 5 min ago	0.76 bp	6.8 bp −$7	8.4 bp −$84	18.0 bp −$1,805	50.4 bp −$25.2K

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	−0.0112%	1h	65.527	−0.081%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0024%	1h	65.400	−0.274%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.471	−0.167%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.530	−0.076%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.540	−0.061%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.520	−0.091%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.454	−0.193%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.502	−0.119%	$4.7M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.455	−0.191%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.250%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDT	+0.0034%	4h	65.530	−0.076%	$143.9M	$176.8M	100x	as long as short
Phoenix SILVER	+0.0036%	1h	65.581	+0.002%	$56K	$31K	25x	as long as short
StandX XAG-USDlong	+0.0040%	1h	65.580	long leg	$789K	$3.0M	40x
Vest SI-PERP	+0.0046%	1h	65.937	+0.544%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.490	−0.137%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.481	−0.151%	$170.7M	$82.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.452	−0.195%	$3.9M	$712K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.450	−0.198%	$3K	$6K	20x	as long as short
Aster XAGUSDT	+0.0058%	4h	65.518	−0.094%	$2.7M	$955K	100x	as long as short
Paradex XAG-USD-PERP	+0.0060%	8h	65.504	−0.115%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.502	−0.119%	$1.2M	$4.9M	20x	as long as short
Bybit XAGUSDT	+0.0066%	4h	65.540	−0.061%	$28.7M	$39.4M	150x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.509	−0.108%	$468K	$29.2M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0088%	1h	65.553	−0.041%	$35K	$21K	20x	as long as short
Lighter XAG	+0.0096%	1h	65.505	−0.114%	$5.4M	$11.2M	25x	as long as short
Variational Omni XAG	+0.0096%	4h	65.634	+0.082%	$5.5M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0099%	4h	65.520	−0.091%	$188.5M	$747.8M	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.471	−0.167%	$468K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.470	−0.168%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.610	+0.046%	$112K	$19K	50x	as long as short
MEXC SILVER_USDT	+0.0102%	4h	65.510	−0.107%	$113.6M	$156.3M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.498	−0.125%	$47K	—	10x	as long as short
Nado XAG-PERP	+0.0112%	1h	65.448	−0.202%	$1.2M	$5.5M	10x	as long as short
edgeX XAGUSDC	+0.0119%	4h	65.591	+0.017%	$668K	$314K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.450	−0.198%	$1.6M	$1.3M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0148%	4h	65.631	+0.077%	$395K	$1.6M	25x	as long as short
Bullet SILVER-USD	+0.0164%	1h	65.508	−0.110%	$44K	$76K	10x	as long as short
Bitget XAGUSDTshort	+0.0196%	4h	65.520	−0.091%	$23.8M	$46.4M	100x
OKX XAG-USDT-SWAP	+0.0202%	8h	65.530	−0.076%	$27.8M	$70.5M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.500	−0.122%	$66K	$370K	20x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	65.548	−0.049%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0321% / S −0.0301%	1h	65.515	−0.099%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0342%	4h	65.610	+0.046%	$2.6M	$619K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.466	−0.174%	$916K	$738K	25x	as long as short