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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: Ondo Perps against Hotstuff−0.044%55s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.044% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$2 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SILVER-PERP66.2090get 0.0000% / 1h13m 39s$35K$21K20x
ShortOndo Perps XAG-USD.P66.1800.0050get 0.0006% / 1h13m 39s$5.7M$9.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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
$10.58
Price spread: −0.044% → 0.000%
−$4.38
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$3.8
Costs to cover
0.100%
Break-even
9.5 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Ondo Perps no order-book sample
Hotstuff and 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
Kraken Futures PF_XAGUSD−0.0272%1h66.225+0.024%$766K$569K25xas long as short
dYdX XAG-USD0.0000%1h66.175−0.051%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.290+0.122%$25.7M$33.4M150xas long as short
RISEx XAG/USDC0.0000%1h66.281+0.109%$1.3M$4.2M20xas long as short
Hotstuff SILVER-PERPlong0.0000%1h66.209long leg$35K$21K20x
Gate XAG_USDT0.0000%4h66.270+0.092%$146.3M$173.1M100xas long as short
SunX XAG-USDT0.0000%4h66.250+0.062%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.300+0.137%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.270+0.092%$1.5M$249K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.189−0.030%$120K250xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SILVER-USD+0.0016%1h66.230+0.032%$144K$2.8M20xas long as short
Lighter RH XAG+0.0032%1h66.260+0.077%$4.7M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h66.205−0.006%$5.5M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.288%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.190−0.029%$792K$2.7M40xas long as short
BloFin XAG-USDT+0.0040%4h66.240+0.047%$2.5M$846K100xas long as short
Vest SI-PERP+0.0046%1h66.687+0.722%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.225+0.024%$3.9M$698K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.187−0.033%$4K$5K20xas long as short
Ondo Perps XAG-USD.Pshort+0.0050%1h66.180−0.044%$5.7M$9.9M25x
tradeXYZ xyz:SILVER+0.0052%1h66.240+0.047%$165.1M$88.4M25xas long as short
Kalshi KXSILVERPERP+0.0057%24h66.207−0.003%$583K$21.3M8.1xas long as short
Variational Omni XAG+0.0067%4h66.237+0.042%$5.5M$10.5Mas long as short
Aster XAGUSDT+0.0069%4h66.280+0.107%$2.8M$1.0M100xas long as short
Bitget XAGUSDT+0.0070%4h66.290+0.122%$24.0M$47.8M100xas long as short
Phoenix SILVER+0.0073%1h66.194−0.023%$56K$26K25xas long as short
MEXC SILVER_USDT+0.0084%4h66.280+0.107%$121.7M$182.2M1000xas long as short
Binance XAGUSDT+0.0085%4h66.285+0.114%$189.8M$728.2M100xas long as short
Aevo XAG-PERP+0.0088%1h66.254+0.069%$48K10xas long as short
edgeX XAGUSDC+0.0094%4h66.237+0.042%$672K$316K30xas long as short
Pacifica XAG+0.0100%1h66.223+0.021%$474K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.250+0.062%$24.3M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.180−0.044%$113K$26K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h66.220+0.017%$1.9M$861K20xas long as short
GRVT XAG_USDT_Perp+0.0114%4h66.240+0.047%$390K$1.5M25xas long as short
Paradex XAG-USD-PERP+0.0117%8h66.260+0.077%$30K$1K5xas long as short
Aftermath Perps XAGUSD+0.0127%1h66.207−0.003%$80K$40K10xas long as short
Lighter XAG+0.0136%1h66.260+0.077%$5.2M$11.0M25xas long as short
Hibachi XAG/USDT-P+0.0160%1h66.196−0.019%$20K$22K10xas long as short
OKX XAG-USDT-SWAP+0.0174%8h66.280+0.107%$27.3M$66.3M50xas long as short
Nado XAG-PERP+0.0222%1h66.198−0.016%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0266%1h66.265+0.085%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0303% / S −0.0300%1h66.265+0.085%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.240+0.047%$51K$359K20xas long as short