Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h +0.044%

Price spread now: Aftermath Perps against SunX−0.050%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Aftermath Perps

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

Funding pays, the price is against you. Aftermath Perps is 0.050% cheaper against SunX than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 27 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	66.450	0	get 0.0000% / 4h	43m 42s	$2K	$3.1M	20x
Short	Aftermath Perps XAGUSD	66.417	0.0147	get 0.0018% / 1h	43m 42s	$80K	$40K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SunX. 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 SunXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.050%Rate

Funding earned: $30.86
Price spread: −0.050% → 0.000%: −$4.99
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $8.86
Costs to cover: 0.170%
Break-even: 5.0 days

Slippage unknown: SunX: live order book, 4 min ago; Aftermath Perps: 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 SunX live order book, 4 min ago	29.34 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	66.370	−0.121%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.460	+0.015%	$25.7M	$33.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.450	0.000%	$147.4M	$169.9M	100x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.450	long leg	$2K	$3.1M	20x
HTX XAG-USDT	0.0000%	4h	66.470	+0.030%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.450	0.000%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.380	−0.105%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.439	−0.016%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.390	−0.090%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.075%	$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
Phoenix SILVER	+0.0036%	1h	66.397	−0.080%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.374	−0.114%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	66.380	−0.105%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.878	+0.644%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.410	−0.060%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.382	−0.102%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.196%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.385	−0.098%	$589K	$21.3M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.430	−0.030%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0069%	1h	66.417	−0.050%	$165.5M	$87.5M	25x	as long as short
Variational Omni XAG	+0.0088%	4h	66.467	+0.025%	$5.6M	$10.3M	—	as long as short
Aster XAGUSDT	+0.0089%	4h	66.420	−0.045%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.394	−0.084%	$475K	$625K	10x	as long as short
MEXC SILVER_USDT	+0.0100%	4h	66.450	0.000%	$114.3M	$152.9M	1000x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.400	−0.075%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.400	−0.075%	$126K	$26K	50x	as long as short
Binance XAGUSDT	+0.0101%	4h	66.457	+0.010%	$191.9M	$723.1M	100x	as long as short
Paradex XAG-USD-PERP	+0.0103%	8h	66.440	−0.014%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.439	−0.016%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.444	−0.009%	$674K	$315K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.441	−0.014%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0118%	4h	66.470	+0.030%	$24.2M	$47.9M	100x	as long as short
BloFin XAG-USDT	+0.0133%	4h	66.410	−0.060%	$2.6M	$650K	100x	as long as short
Aftermath Perps XAGUSDshort	+0.0147%	1h	66.417	−0.050%	$80K	$40K	10x
GRVT XAG_USDT_Perp	+0.0152%	4h	66.460	+0.015%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	+0.015%	$1.9M	$848K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0188%	8h	66.450	0.000%	$27.6M	$66.2M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.424	−0.039%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0243%	1h	66.446	−0.006%	$46K	$75K	10x	as long as short
Nado XAG-PERP	+0.0256%	1h	66.392	−0.088%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.445	−0.008%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.409	−0.062%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.430	−0.030%	$50K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.405	−0.068%	$767K	$569K	25x	as long as short