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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0061%/8h= −6.6% APRnext payment $0.08 per $10,000 · paid last 24h −0.017%
Price spread now: Ondo Perps against Injective−1.687%101s7-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 7 days−0.019%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 1.687% cheaper against Injective than usual: you would sell low and buy high (−$169 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h27m 35s$11K$94K52x
ShortOndo Perps XAG-USD.P65.280−0.0027pay 0.0003% / 1h27m 35s$5.6M$9.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. 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
−$12.71
Price spread: −1.687% → 0.000%
−$168.67
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$186.41
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Ondo Perps no order-book sample
Injective 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
Ondo Perps XAG-USD.Pshort−0.0027%1h65.280−1.687%$5.6M$9.4M25x
dYdX XAG-USD0.0000%1h65.334−1.605%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.350−1.581%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.500−1.355%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.400−1.506%$1.5M$266K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.290−1.671%$118K250xas long as short
RISEx XAG/USDC+0.0030%1h65.390−1.521%$1.3M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.336−1.602%$4.7M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h65.300−1.657%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.675−1.092%$56K$26K25xas long as short
Gate XAG_USDT+0.0038%4h65.370−1.551%$143.3M$169.7M100xas long as short
StandX XAG-USD+0.0040%1h65.710−1.039%$790K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.836−0.849%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.334−1.605%$3.9M$710K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.285−1.679%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.390−1.521%$154K$2.8M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.327−1.616%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0059%8h65.342−1.593%$29K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0061%1h65.322−1.623%$165.9M$78.6M25xas long as short
Kalshi KXSILVERPERP+0.0075%24h65.359−1.568%$530K$28.0M8.1xas long as short
Bybit XAGUSDT+0.0084%4h65.410−1.491%$28.2M$39.0M150xas long as short
Aster XAGUSDT+0.0093%4h65.389−1.523%$2.7M$937K100xas long as short
Pacifica XAG+0.0100%1h65.298−1.660%$465K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.320−1.627%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.390−1.521%$112K$30K50xas long as short
Lighter XAG+0.0112%1h65.353−1.577%$5.3M$11.1M25xas long as short
Aevo XAG-PERP+0.0136%1h65.345−1.589%$47K10xas long as short
Variational Omni XAG+0.0137%4h65.665−1.107%$5.6M$9.5Mas long as short
MEXC SILVER_USDT+0.0142%4h65.360−1.566%$112.1M$157.4M1000xas long as short
Binance XAGUSDT+0.0142%4h65.360−1.566%$189.9M$727.4M100xas long as short
edgeX XAGUSDC+0.0155%4h65.701−1.053%$668K$311K30xas long as short
Nado XAG-PERP+0.0156%1h65.331−1.611%$1.3M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.430−1.461%$1.7M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0190%4h65.406−1.497%$386K$1.5M25xas long as short
Bitget XAGUSDT+0.0208%4h65.380−1.536%$23.4M$47.7M100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.330−1.611%$66K$373K20xas long as short
OKX XAG-USDT-SWAP+0.0217%8h65.400−1.506%$27.4M$69.3M50xas long as short
Aftermath Perps XAGUSD+0.0218%1h65.675−1.092%$79K$37K10xas long as short
Bullet SILVER-USD+0.0226%1h65.359−1.568%$43K$76K10xas long as short
BloFin XAG-USDT+0.0292%4h65.480−1.386%$2.6M$611K100xas long as short
Hibachi XAG/USDT-P+0.0352%1h65.534−1.305%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0355% / S −0.0317%1h65.355−1.574%$86K111xas long as short
Kraken Futures PF_XAGUSD+0.0472%1h65.310−1.642%$913K$750K25xas long as short