Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

XAG

RWAAll XAG markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BloFinXAG-USDT
60.410+0.0019pay 0.0009% / 4h37m 44s$4.1M$1.1M100xLong BloFin
SHORT
AvantisXAG/USD
60.358L +0.0042S +0.0026pay 0.0003% / 1h37m 44s$1.4M—75xShort Avantis
Price gap−0.086%
Funding gap−0.0044% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 5.3 days. At the last 7 days' pace that is about 15 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$79−0.0044% /8h now · paid −0.785% over the last 7D
Price+$7spread −0.086% now, avg −0.156% → +0.070% if it goes back
Costsno datano order book for Avantis
Result, before costs−$71−0.71%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.086%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAG on 46 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$100 + $133
    BloFin 100x, Avantis 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.33Long BloFin: 6 payments, −$0.56; short Avantis: 24 payments, −$0.77.
  • OK: Entry gap works for you−0.086% vs −0.156%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Short leg is thinner$1.4M vs $4.1M OI
    Both legs are deep; Avantis is the smaller one.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • Watch: KYCBloFin Limited · Avantis No
    No ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0374%/8h × 21 periods−$78.54
Price spread−0.086% → −0.156% (7d avg)+$7.04
Slippage, 4 ordersno data for Avantis—
Fee BloFin bp × 2 orders−$12.00
Fee Avantis bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$91.50
Costs to cover0.200%Break-evennever at this rate
Slippage: BloFin: live order book, 2 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBloFin1.657.7 bp−$87.7 bp−$7710.0 bp−$1,00515.4 bp−$7,723
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

XAG news

posts that mention XAG or Silver, from every exchangeSearch all news →
09-30 18:40HotstuffListingSILVER-PERP no longer reported ($XAG) seen by our collector
09-30 07:14AsterListingnew market SIUSDT ($XAG) seen by our collector
09-30 03:46GateListingnew market SI_USDT ($XAG) seen by our collector
09-28 15:17Ondo PerpsProductIntroducing spot trading for @Ondo Stocks. This brings the basis trade onto a single platform: 1. Buy Ondo Stocks 2. Deploy them as collateral 3. Short the corresponding perp to collect funding Because the spot holding doubles as long exposure and collateral, delta-neutral strategies become more capital efficient. Running both legs on a single platform also eliminates the risks of managing positions across separate platforms. Starting with 12 assets: ✅ Silver (SLVon) ✅ Gold (GLDon) ✅ Micron (MUon) ✅ Tesla (TSLAon) ✅ Circle (CRCLon) ✅ NVIDIA (NVDAon) ✅ SpaceX (SPCXon) ✅ Sandisk (SNDKon) ✅ Alphabet (GOOGLon) ✅ S&P 500 ETF (SPYon) ✅ Invesco QQQ (QQQon) ✅ Roundhill Memory ETF (DRAMon) ✅ & more to come For the first time, Ondo Stocks are available for permissionless trading (outside the US) on a spot central limit order book. Ondo Stocks opened access to tokenized equities, supporting them as collateral made those holdings productive, and now, spot trading on Ondo Perps brings the entire workflow to a single platform. Another step closer to onchain prime brokerage. To celebrate the launch, spot trading is fee-free for the first 30 days. Build a basis trade → @OndoPerps on X ↗
09-26 13:03MEXCListingnew market SI_USDT ($XAG) seen by our collector
09-24 04:18BingXListingnew market SI-USDT ($XAG) seen by our collector