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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0169%/8h= +18.5% APRpaid last 24h +0.040%
Price spread now: Binance against Ondo Perps+0.203%7-day average +0.173% · 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+0.076%+$8 on $10k
Price spread, last 7 days+0.033%+$3 · spread now +0.203%, 7d avg +0.173%
Together, before fees+0.109%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.030% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.173%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P66.0800.0043pay 0.0005% / 1h20m 00s$5.7M$9.6M25x
ShortBinance XAGUSDT66.2140.0212get 0.0106% / 4h20m 00s$192.6M$700.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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
$35.49
Price spread: +0.203% → +0.173%
$3.03
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
$23.52
Costs to cover
0.150%
Break-even
2.4 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 9 min ago. 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 Ondo Perps no order-book sample
Sell Binance live order book, 9 min ago0.76 bp5.8 bp −$65.8 bp −$589.4 bp −$94320.9 bp −$10.5K
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%1h66.141+0.092%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.210+0.197%$150.2M$163.4M100xas long as short
SunX XAG-USDT0.0000%4h66.200+0.182%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.200+0.182%$1.0M$971K75xas long as short
Phemex XAGUSDT0.0000%4h66.200+0.182%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.129+0.074%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.188+0.163%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.127+0.072%$5.2M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.484%$11K$94K52xas long as short
Hotstuff SILVER-PERP+0.0040%1h66.140+0.091%$35K$21K20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.180+0.151%$796K$3.1M40xas long as short
Ondo Perps XAG-USD.Plong+0.0043%1h66.080long leg$5.7M$9.6M25x
Vest SI-PERP+0.0046%1h66.625+0.825%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.160+0.121%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.126+0.070%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.170+0.136%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.143+0.095%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0070%24h66.164+0.127%$545K$25.4M8.1xas long as short
Pacifica XAG+0.0100%1h66.137+0.086%$471K$622K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.170+0.136%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.130+0.076%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0123%1h66.168+0.133%$166.0M$74.2M25xas long as short
RISEx XAG/USDC+0.0137%1h66.190+0.166%$1.3M$4.5M20xas long as short
Paradex XAG-USD-PERP+0.0143%8h66.179+0.150%$30K$1K5xas long as short
Aster XAGUSDT+0.0144%4h66.180+0.151%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0164%4h66.230+0.227%$27.0M$36.1M150xas long as short
Lighter XAG+0.0184%1h66.186+0.160%$5.2M$10.7M25xas long as short
Aevo XAG-PERP+0.0192%1h66.191+0.168%$48K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.170+0.136%$1.8M$1.0M20xas long as short
Nado XAG-PERP+0.0204%1h66.126+0.069%$1.4M$6.4M10xas long as short
Variational Omni XAG+0.0206%4h66.183+0.156%$5.6M$9.6Mas long as short
MEXC SILVER_USDT+0.0212%4h66.190+0.166%$110.1M$152.7M1000xas long as short
Binance XAGUSDTshort+0.0212%4h66.214+0.203%$192.6M$700.7M100x
Aftermath Perps XAGUSD+0.0217%1h66.151+0.107%$80K$36K10xas long as short
edgeX XAGUSDC+0.0228%4h66.187+0.162%$672K$311K30xas long as short
OKX XAG-USDT-SWAP+0.0232%8h66.210+0.197%$27.7M$65.2M50xas long as short
BloFin XAG-USDT+0.0247%4h66.180+0.151%$2.6M$554K100xas long as short
Bitget XAGUSDT+0.0256%4h66.220+0.212%$23.9M$45.3M100xas long as short
GRVT XAG_USDT_Perp+0.0278%4h66.198+0.179%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0289%1h66.206+0.190%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0355%1h66.180+0.151%$62K$349K20xas long as short
Hibachi XAG/USDT-P+0.0360%1h66.121+0.062%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0383% / S −0.0424%1h66.195+0.174%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0484%1h66.164+0.127%$913K$678K25xas long as short