Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h −0.043%
Price spread now: Ondo Perps against edgeX+0.139%54s7-day average −0.181% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.102%−$10 on $10k
Price spread, last 3 days (all we have)−0.321%−$32 · spread now +0.139%, 7d avg −0.181%
Together, before fees−0.422%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.320% dearer against edgeX than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.181%): +$32 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC66.4780.0122pay 0.0061% / 4h18m 25s$674K$314K30x
ShortOndo Perps XAG-USD.P66.5700.0050get 0.0006% / 1h18m 25s$5.7M$10.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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

Funding earned
−$14.96
Price spread: +0.139% → −0.181%
$32.03
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$3.08
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: edgeX: live order book, 60 min ago; Ondo 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 60 min ago2.26 bp6.8 bp −$76.8 bp −$689.2 bp −$91820.9 bp −$10.5K
Sell Ondo Perps no order-book sample
Ondo 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USD0.0000%1h66.560+0.124%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.700+0.335%$26.2M$34.6M150xas long as short
Gate XAG_USDT0.0000%4h66.680+0.304%$154.7M$173.9M100xas long as short
SunX XAG-USDT0.0000%4h66.590+0.169%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.640+0.244%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.600+0.184%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.610+0.199%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.625+0.221%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.583+0.159%$5.5M$12.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.117%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.485+0.011%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.530+0.079%$796K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.085+0.914%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.611+0.201%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.634+0.235%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.520+0.064%$4K$5K20xas long as short
Ondo Perps XAG-USD.Pshort+0.0050%1h66.570+0.139%$5.7M$10.0M25x
Kalshi KXSILVERPERP+0.0060%24h66.541+0.095%$582K$21.4M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.660+0.274%$125K$2.8M20xas long as short
BloFin XAG-USDT+0.0068%4h66.550+0.109%$2.6M$651K100xas long as short
tradeXYZ xyz:SILVER+0.0073%1h66.631+0.231%$166.1M$86.9M25xas long as short
Pacifica XAG+0.0100%1h66.583+0.159%$481K$618K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.620+0.214%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.450−0.042%$126K$26K50xas long as short
Variational Omni XAG+0.0106%4h66.526+0.073%$5.6M$10.1Mas long as short
Paradex XAG-USD-PERP+0.0107%8h66.633+0.234%$30K$1K5xas long as short
Aster XAGUSDT+0.0114%4h66.664+0.281%$2.8M$1.1M100xas long as short
Lighter XAG+0.0120%1h66.629+0.228%$5.2M$10.4M25xas long as short
Aevo XAG-PERP+0.0120%1h66.580+0.154%$48K10xas long as short
edgeX XAGUSDClong+0.0122%4h66.478long leg$674K$314K30x
MEXC SILVER_USDT+0.0122%4h66.650+0.259%$115.2M$153.4M1000xas long as short
Binance XAGUSDT+0.0124%4h66.670+0.289%$192.9M$724.3M100xas long as short
Bitget XAGUSDT+0.0152%4h66.670+0.289%$24.5M$48.4M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.410−0.102%$1.9M$848K20xas long as short
Aftermath Perps XAGUSD+0.0165%1h66.476−0.002%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0178%4h66.490+0.018%$390K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0197%8h66.690+0.319%$28.0M$67.0M50xas long as short
RISEx XAG/USDC+0.0208%1h66.657+0.269%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0254%1h66.667+0.284%$45K$75K10xas long as short
Nado XAG-PERP+0.0255%1h66.595+0.177%$1.3M$6.6M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.675+0.297%$103K111xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.521+0.066%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0351%1h66.570+0.139%$50K$351K20xas long as short
Kraken Futures PF_XAGUSD+0.0595%1h66.543+0.098%$763K$586K25xas long as short