Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.018%

Price spread now: KuCoin against StandX−0.135%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on StandX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.135%, 7d avg −0.057%

Together, before fees+0.132%+ Points / potential airdropStandX: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.078% cheaper against StandX than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.057%). If the spread goes back, that is −$8 on $10k: about 4.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.050% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	66.590	0.0040	pay 0.0005% / 1h	0m 25s	$801K	$2.8M	40x
Short	KuCoin XAGUSDTM	66.500	0.0100	get 0.0050% / 4h	3h 00m	$24.6M	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.135%Rate

Funding earned: $12.6
Price spread: −0.135% → −0.057%: −$7.78
Slippage, 4 orders: −$14.43
Fee StandX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$29.62
Costs to cover: 0.344%
Break-even: 23.5 days

Slippage from StandX: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago	3.01 bp	9.3 bp −$9	10.8 bp −$108	37.7 bp −$3,768	doesn't fit
Sell KuCoin live order book, 3 min ago	0.75 bp	9.2 bp −$9	16.6 bp −$166	doesn't fit	doesn't fit

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	66.475	−0.172%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.540	−0.075%	$25.5M	$35.7M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.530	−0.090%	$154.7M	$169.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.560	−0.045%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.590	0.000%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.550	−0.060%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.467	−0.184%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.534	−0.083%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.469	−0.182%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.285%	$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
StandX XAG-USDlong	+0.0040%	1h	66.590	long leg	$801K	$2.8M	40x
Vest SI-PERP	+0.0046%	1h	66.972	+0.574%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.507	−0.125%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.499	−0.137%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.475	−0.173%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.440	−0.225%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.530	−0.090%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.519	−0.107%	$566K	$21.7M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0070%	1h	66.493	−0.146%	$165.9M	$85.0M	25x	as long as short
Hotstuff SILVER-PERP	+0.0072%	1h	66.514	−0.114%	$35K	$21K	20x	as long as short
Aster XAGUSDT	+0.0097%	4h	66.510	−0.120%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.484	−0.159%	$474K	$619K	10x	as long as short
KuCoin XAGUSDTMshort	+0.0100%	4h	66.500	−0.135%	$24.6M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.530	−0.090%	$127K	$24K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	−0.070%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.542	−0.073%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0120%	1h	66.519	−0.106%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	66.520	−0.105%	$108.9M	$161.4M	1000x	as long as short
BloFin XAG-USDT	+0.0122%	4h	66.590	0.000%	$2.6M	$683K	100x	as long as short
Binance XAGUSDT	+0.0123%	4h	66.530	−0.090%	$193.5M	$718.1M	100x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.552	−0.057%	$675K	$315K	30x	as long as short
Lighter XAG	+0.0128%	1h	66.514	−0.114%	$5.4M	$10.6M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.540	−0.075%	$1.3M	$4.2M	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.530	−0.090%	$1.9M	$935K	20x	as long as short
Nado XAG-PERP	+0.0188%	1h	66.502	−0.132%	$1.3M	$6.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.559	−0.047%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0195%	8h	66.540	−0.075%	$28.0M	$66.8M	50x	as long as short
Bitget XAGUSDT	+0.0196%	4h	66.530	−0.090%	$24.6M	$47.5M	100x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	66.511	−0.119%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0250%	1h	66.543	−0.071%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.505	−0.128%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.535	−0.083%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.530	−0.090%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0488%	1h	66.520	−0.105%	$765K	$564K	25x	as long as short