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+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.020%
Price spread now: Ondo Perps against Lighter RH−0.156%7-day average −0.113% · 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−0.090%−$9 on $10k
Price spread, last 7 days+0.014%+$1 · spread now −0.156%, 7d avg −0.113%
Together, before fees−0.076%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.042% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of −0.113%). If the spread goes back, that is −$4 on $10k: about 7.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG66.4630.0032pay 0.0004% / 1h40m 32s$4.8M$9.6M25x
ShortOndo Perps XAG-USD.P66.3600.0050get 0.0006% / 1h40m 32s$5.7M$10.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter RH. 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
$3.86
Price spread: −0.156% → −0.113%
−$4.23
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$5.37
Costs to cover
0.050%
Break-even
16.7 days
Slippage unknown: Lighter RH: live order book, 3 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 Lighter RH live order book, 3 min ago1.43 bp2.9 bp −$33.7 bp −$3722.4 bp −$2,243doesn't fit
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%1h66.370−0.141%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.480+0.025%$25.7M$33.5M150xas long as short
Gate XAG_USDT0.0000%4h66.460−0.005%$147.2M$170.1M100xas long as short
SunX XAG-USDT0.0000%4h66.480+0.025%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.500+0.055%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.490+0.040%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.392−0.108%$120K250xas long as short
Lighter RH XAGlong+0.0032%1h66.463long leg$4.8M$9.6M25x
Extended XAG-USD+0.0032%1h66.405−0.088%$5.5M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.096%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.418−0.068%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.410−0.080%$795K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.898+0.654%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.426−0.056%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.402−0.093%$4K$5K20xas long as short
Ondo Perps XAG-USD.Pshort+0.0050%1h66.360−0.156%$5.7M$10.0M25x
Kalshi KXSILVERPERP+0.0059%24h66.420−0.065%$590K$21.2M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.460−0.005%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.400−0.096%$165.5M$87.6M25xas long as short
Hotstuff SILVER-PERP+0.0080%1h66.435−0.043%$35K$21K20xas long as short
BloFin XAG-USDT+0.0082%4h66.460−0.005%$2.6M$650K100xas long as short
Variational Omni XAG+0.0088%4h66.467+0.005%$5.6M$10.3Mas long as short
Aster XAGUSDT+0.0092%4h66.474+0.016%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.414−0.074%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.420−0.065%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.370−0.141%$126K$26K50xas long as short
MEXC SILVER_USDT+0.0102%4h66.450−0.020%$114.5M$152.9M1000xas long as short
Paradex XAG-USD-PERP+0.0102%8h66.451−0.019%$30K$1K5xas long as short
Binance XAGUSDT+0.0103%4h66.470+0.010%$191.9M$721.4M100xas long as short
Aevo XAG-PERP+0.0104%1h66.460−0.005%$48K10xas long as short
edgeX XAGUSDC+0.0110%4h66.443−0.031%$674K$316K30xas long as short
Lighter XAG+0.0112%1h66.463−0.001%$5.2M$10.3M25xas long as short
Bitget XAGUSDT+0.0122%4h66.470+0.010%$24.2M$47.9M100xas long as short
Aftermath Perps XAGUSD+0.0149%1h66.433−0.046%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0156%4h66.486+0.033%$399K$1.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.460−0.005%$1.9M$848K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.470+0.010%$27.6M$66.2M50xas long as short
RISEx XAG/USDC+0.0208%1h66.473+0.015%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0245%1h66.448−0.023%$46K$75K10xas long as short
Nado XAG-PERP+0.0250%1h66.403−0.090%$1.3M$6.6M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.465+0.002%$103K111xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.409−0.081%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.450−0.020%$51K$360K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.437−0.040%$768K$566K25xas long as short