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: Lighter RH against Ondo Perps+0.125%7-day average +0.113% · 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+0.090%+$9 on $10k
Price spread, last 7 days+0.017%+$2 · spread now +0.125%, 7d avg +0.113%
Together, before fees+0.106%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.113%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P66.5200.0050pay 0.0006% / 1h15m 17s$5.7M$10.0M25x
ShortLighter RH XAG66.6030.0032get 0.0004% / 1h15m 17s$4.8M$9.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$3.86
Price spread: +0.125% → +0.113%
$1.14
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$7.73
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 3 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 Lighter RH live order book, 3 min ago1.73 bp2.0 bp −$22.5 bp −$2517.0 bp −$1,703doesn't fit
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+0.060%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.650+0.195%$26.5M$34.7M150xas long as short
Gate XAG_USDT0.0000%4h66.620+0.150%$156.0M$174.7M100xas long as short
SunX XAG-USDT0.0000%4h66.610+0.135%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.650+0.195%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.620+0.150%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.541+0.032%$120K250xas long as short
Lighter RH XAGshort+0.0032%1h66.603+0.125%$4.8M$9.6M25x
Extended XAG-USD+0.0032%1h66.545+0.038%$5.5M$12.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.180%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.531+0.017%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.570+0.075%$797K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.051+0.798%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.577+0.086%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.551+0.047%$4K$5K20xas long as short
Ondo Perps XAG-USD.Plong+0.0050%1h66.520long leg$5.7M$10.0M25x
Hotstuff SILVER-PERP+0.0056%1h66.579+0.089%$35K$21K20xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.564+0.066%$581K$21.4M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.600+0.120%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0071%1h66.567+0.071%$165.9M$87.0M25xas long as short
Pacifica XAG+0.0100%1h66.556+0.054%$481K$618K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.570+0.075%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.600+0.120%$127K$26K50xas long as short
Variational Omni XAG+0.0103%4h66.615+0.143%$5.6M$10.1Mas long as short
Paradex XAG-USD-PERP+0.0105%8h66.597+0.116%$30K$1K5xas long as short
Aster XAGUSDT+0.0115%4h66.614+0.141%$2.8M$1.1M100xas long as short
Lighter XAG+0.0120%1h66.610+0.136%$5.2M$10.4M25xas long as short
Aevo XAG-PERP+0.0120%1h66.607+0.130%$48K10xas long as short
MEXC SILVER_USDT+0.0122%4h66.610+0.135%$115.2M$153.4M1000xas long as short
Binance XAGUSDT+0.0123%4h66.620+0.150%$191.9M$724.0M100xas long as short
edgeX XAGUSDC+0.0134%4h66.629+0.164%$676K$316K30xas long as short
Bitget XAGUSDT+0.0154%4h66.620+0.150%$24.4M$48.2M100xas long as short
BloFin XAG-USDT+0.0157%4h66.610+0.135%$2.6M$652K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.640+0.180%$1.9M$851K20xas long as short
Aftermath Perps XAGUSD+0.0171%1h66.553+0.050%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0180%4h66.634+0.172%$401K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0197%8h66.620+0.150%$28.0M$66.8M50xas long as short
RISEx XAG/USDC+0.0208%1h66.623+0.154%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0250%1h66.613+0.140%$45K$75K10xas long as short
Nado XAG-PERP+0.0254%1h66.564+0.066%$1.3M$6.6M10xas long as short
Hibachi XAG/USDT-P+0.0288%1h66.564+0.065%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.605+0.128%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0501%1h66.610+0.135%$50K$351K20xas long as short
Kraken Futures PF_XAGUSD+0.0595%1h66.580+0.091%$764K$588K25xas long as short