Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.010%

Price spread now: Gate against StandX+0.031%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$430.431% of the position

Long on StandX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.031%, 7d avg +0.027%

Together, before fees−0.034%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	65.310	0.0040	pay 0.0005% / 1h	50m 28s	$786K	$2.9M	40x
Short	Gate XAG_USDT	65.330	0.0030	get 0.0015% / 4h	50m 28s	$141.1M	$176.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.031%Rate

Funding earned: −$2.1
Price spread: +0.031% → +0.027%: $0.36
Slippage, 4 orders: −$20.1
Fee StandX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$44.84
Costs to cover: 0.431%
Break-even: never at this rate

Slippage from StandX: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago	2.30 bp	13.7 bp −$14	13.9 bp −$139	39.4 bp −$3,941	doesn't fit
Sell Gate live order book, 4 min ago	0.76 bp	8.3 bp −$8	8.3 bp −$83	11.4 bp −$1,140	14.5 bp −$7,247

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
Ondo Perps XAG-USD.P	−0.0059%	1h	65.200	−0.168%	$5.6M	$9.6M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.287	−0.035%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.320	+0.015%	$27.7M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.310	0.000%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.350	+0.061%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.330	+0.031%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.269	−0.063%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0016%	4h	65.312	+0.003%	$5.5M	$9.1M	—	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	65.287	−0.035%	$35K	$21K	20x	as long as short
Gate XAG_USDTshort	+0.0030%	4h	65.330	+0.031%	$141.1M	$176.7M	100x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAGUSDT	+0.0030%	4h	65.306	−0.007%	$2.7M	$952K	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.303	−0.011%	$4.6M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.256	−0.083%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.669%	$11K	$94K	52x	as long as short
MEXC SILVER_USDT	+0.0040%	4h	65.310	0.000%	$117.4M	$156.1M	1000x	as long as short
StandX XAG-USDlong	+0.0040%	1h	65.310	long leg	$786K	$2.9M	40x
Binance XAGUSDT	+0.0041%	4h	65.310	0.000%	$191.6M	$761.3M	100x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.310	0.000%	$152K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.734	+0.649%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.288	−0.034%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.255	−0.084%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.294	−0.025%	$29K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0056%	1h	65.301	−0.014%	$47K	—	10x	as long as short
Phoenix SILVER	+0.0061%	1h	65.287	−0.035%	$56K	$31K	25x	as long as short
edgeX XAGUSDC	+0.0065%	4h	65.334	+0.037%	$665K	$313K	30x	as long as short
tradeXYZ xyz:SILVER	+0.0076%	1h	65.283	−0.041%	$169.9M	$81.3M	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.290	−0.031%	$477K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.360	+0.077%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.266	−0.067%	$468K	$621K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.270	−0.061%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.280	−0.046%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.322	+0.018%	$1.2M	$4.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0144%	4h	65.409	+0.152%	$384K	$1.6M	25x	as long as short
Lighter XAG	+0.0160%	1h	65.314	+0.007%	$5.3M	$11.1M	25x	as long as short
Nado XAG-PERP	+0.0164%	1h	65.272	−0.058%	$1.2M	$4.8M	10x	as long as short
Bitget XAGUSDT	+0.0166%	4h	65.320	+0.015%	$23.7M	$45.5M	100x	as long as short
BloFin XAG-USDT	+0.0166%	4h	65.330	+0.031%	$2.7M	$582K	100x	as long as short
Hibachi XAG/USDT-P	+0.0168%	1h	65.287	−0.035%	$20K	$17K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0178%	8h	65.310	0.000%	$28.1M	$70.6M	50x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	65.303	−0.011%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.310	0.000%	$65K	$387K	20x	as long as short
Bullet SILVER-USD	+0.0225%	1h	65.326	+0.025%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.315	+0.008%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.294	−0.025%	$1.0M	$873K	25x	as long as short