Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0177%/8h= +19.3% APRpaid last 24h +0.033%

Price spread now: OKX against StandX+0.030%7-day average +0.006% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on StandX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.030%, 7d avg +0.006%

Together, before fees−0.032%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.024% dearer against StandX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	66.230	0.0040	pay 0.0005% / 1h	50m 21s	$797K	$2.9M	40x
Short	OKX XAG-USDT-SWAP	66.250	0.0217	get 0.0217% / 8h	5h 50m	$27.8M	$65.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $37.11
Price spread: +0.030% → +0.006%: $2.38
Slippage, 4 orders: −$10.55
Fee StandX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $10.94
Costs to cover: 0.285%
Break-even: 4.9 days

Slippage from StandX: live order book, 4 min ago; OKX: 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, 4 min ago	3.01 bp	8.5 bp −$9	10.1 bp −$101	38.0 bp −$3,799	doesn't fit
Sell OKX live order book, 3 min ago	0.75 bp	5.8 bp −$6	6.6 bp −$66	12.3 bp −$1,229	71.6 bp −$35.8K

XAG on 43 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	66.178	−0.078%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.260	+0.045%	$151.7M	$161.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.250	+0.030%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.260	+0.045%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.250	+0.030%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.184	−0.069%	$121K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0017%	1h	66.160	−0.106%	$5.7M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.228	−0.003%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.246	+0.024%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.182	−0.072%	$5.3M	$12.1M	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.257%	$11K	$94K	52x	as long as short
StandX XAG-USDlong	+0.0040%	1h	66.230	long leg	$797K	$2.9M	40x
Vest SI-PERP	+0.0046%	1h	66.693	+0.699%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.218	−0.018%	$3.9M	$673K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.171	−0.089%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.250	+0.030%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.249	+0.029%	$547K	$24.5M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.303	+0.110%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0093%	1h	66.215	−0.023%	$165.8M	$74.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.206	−0.036%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.210	−0.030%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.330	+0.151%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0137%	8h	66.255	+0.038%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0138%	4h	66.240	+0.015%	$2.7M	$917K	100x	as long as short
Bybit XAGUSDT	+0.0141%	4h	66.270	+0.060%	$26.7M	$36.2M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.231	+0.001%	$48K	—	10x	as long as short
Lighter XAG	+0.0176%	1h	66.255	+0.037%	$5.3M	$10.4M	25x	as long as short
Variational Omni XAG	+0.0176%	4h	66.242	+0.018%	$5.5M	$9.7M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.267	+0.056%	$1.2M	$4.4M	20x	as long as short
Binance XAGUSDT	+0.0191%	4h	66.254	+0.036%	$191.9M	$705.9M	100x	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.240	+0.015%	$110.5M	$151.8M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.350	+0.181%	$1.9M	$972K	20x	as long as short
edgeX XAGUSDC	+0.0201%	4h	66.366	+0.206%	$673K	$314K	30x	as long as short
OKX XAG-USDT-SWAPshort	+0.0217%	8h	66.250	+0.030%	$27.8M	$65.6M	50x
Aftermath Perps XAGUSD	+0.0233%	1h	66.266	+0.054%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0238%	1h	66.215	−0.023%	$1.3M	$6.6M	10x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	66.199	−0.047%	$20K	$22K	10x	as long as short
Bitget XAGUSDT	+0.0254%	4h	66.250	+0.030%	$23.9M	$46.1M	100x	as long as short
Bullet SILVER-USD	+0.0266%	1h	66.264	+0.051%	$46K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0282%	4h	66.380	+0.226%	$393K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0331% / S −0.0342%	1h	66.255	+0.038%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.220	−0.015%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.208	−0.033%	$763K	$475K	25x	as long as short