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+0.0150%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.037%
Price spread now: Pacifica against Ondo Perps+0.082%7-day average +0.122% · 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+0.092%+$9 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.082%, 7d avg +0.122%
Together, before fees+0.104%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.040% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.082% now, against its 7-day average of +0.122%). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.092% in total) that is about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P65.720−0.0050get 0.0006% / 1h34m 15s$5.7M$9.3M25x
ShortPacifica XAG65.7740.0100get 0.0013% / 1h34m 15s$469K$607K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$31.42
Price spread: +0.082% → +0.122%
−$4.03
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$14.39
Costs to cover
0.130%
Break-even
3.8 days
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 14 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 Pacifica live order book, 14 min ago0.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
Ondo Perps XAG-USD.Plong−0.0050%1h65.720long leg$5.7M$9.3M25x
dYdX XAG-USD0.0000%1h65.751+0.048%$14K$665xas long as short
SunX XAG-USDT0.0000%4h65.840+0.183%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.880+0.243%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.870+0.228%$1.5M$259K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.772+0.079%$120K250xas long as short
RISEx XAG/USDC+0.0030%1h65.826+0.162%$1.3M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.826+0.162%$4.8M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h65.774+0.082%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.035%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAG_USDT+0.0034%4h65.860+0.213%$147.9M$155.4M100xas long as short
Phoenix SILVER+0.0036%1h65.953+0.355%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h65.880+0.243%$791K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.274+0.843%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.784+0.097%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.808+0.134%$3.9M$677K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.775+0.084%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.820+0.152%$114K$2.7M20xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.804+0.128%$29K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0061%1h65.805+0.129%$166.1M$73.9M25xas long as short
Bybit XAGUSDT+0.0065%4h65.860+0.213%$27.6M$36.6M150xas long as short
Kalshi KXSILVERPERP+0.0075%24h65.842+0.186%$578K$27.0M8.1xas long as short
BloFin XAG-USDT+0.0094%4h65.930+0.320%$2.6M$567K100xas long as short
Aster XAGUSDT+0.0096%4h65.830+0.167%$2.7M$884K100xas long as short
Pacifica XAGshort+0.0100%1h65.774+0.082%$469K$607K10x
KuCoin XAGUSDTM+0.0100%4h65.800+0.122%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.920+0.304%$113K$30K50xas long as short
Variational Omni XAG+0.0130%4h65.905+0.281%$5.6M$9.5Mas long as short
Lighter XAG+0.0136%1h65.833+0.172%$5.3M$10.8M25xas long as short
Aevo XAG-PERP+0.0136%1h65.836+0.177%$47K10xas long as short
MEXC SILVER_USDT+0.0142%4h65.840+0.183%$117.2M$152.2M1000xas long as short
Binance XAGUSDT+0.0144%4h65.850+0.197%$189.9M$705.2M100xas long as short
edgeX XAGUSDC+0.0154%4h65.979+0.395%$670K$311K30xas long as short
Nado XAG-PERP+0.0155%1h65.798+0.118%$1.3M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.860+0.213%$1.8M$1.1M20xas long as short
GRVT XAG_USDT_Perp+0.0180%4h65.990+0.412%$388K$1.5M25xas long as short
Aftermath Perps XAGUSD+0.0204%1h65.938+0.331%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0206%1h65.820+0.152%$72K$360K20xas long as short
Bitget XAGUSDT+0.0208%4h65.840+0.183%$23.8M$45.1M100xas long as short
OKX XAG-USDT-SWAP+0.0217%8h65.860+0.213%$27.7M$64.6M50xas long as short
Bullet SILVER-USD+0.0219%1h65.852+0.201%$43K$76K10xas long as short
Hibachi XAG/USDT-P+0.0344%1h65.860+0.213%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0443%1h65.845+0.190%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0468%1h65.810+0.137%$904K$701K25xas long as short