XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%

Price spread now: QFEX against Ondo Perps+0.138%7-day average +0.120% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.017%+$2 on $10k

Price spread, last 7 days−0.157%−$16 · spread now +0.138%, 7d avg +0.120%

Together, before fees−0.140%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.120%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAG-USD.P	65.400	−0.0024	get 0.0003% / 1h	54m 22s	$5.6M	$9.7M	25x
Short	QFEX SILVER-USD	65.490	0.0050	get 0.0006% / 1h	54m 22s	$152K	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee QFEXbpOrdersPrice spread, now +0.138%Rate

Funding earned: $15.52
Price spread: +0.138% → +0.120%: $1.72
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: $2.25
Costs to cover: 0.150%
Break-even: 6.0 days

Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell QFEX live order book, 4 min ago	1.52 bp	8.0 bp −$8	8.0 bp −$80	10.0 bp −$997	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi XAG/USDT-P	−0.0112%	1h	65.527	+0.194%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.Plong	−0.0024%	1h	65.400	long leg	$5.6M	$9.7M	25x
dYdX XAG-USD	0.0000%	1h	65.471	+0.108%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.530	+0.199%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.660	+0.398%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.590	+0.291%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.454	+0.082%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.505	+0.160%	$4.7M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.457	+0.088%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.529%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDT	+0.0034%	4h	65.520	+0.183%	$143.9M	$176.7M	100x	as long as short
Phoenix SILVER	+0.0036%	1h	65.581	+0.277%	$56K	$31K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	65.580	+0.275%	$789K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.937	+0.821%	—	—	25x	as long as short
QFEX SILVER-USDshort	+0.0050%	1h	65.490	+0.138%	$152K	$2.8M	20x
tradeXYZ xyz:SILVER	+0.0050%	1h	65.463	+0.096%	$170.6M	$82.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.452	+0.080%	$3.9M	$712K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.533	+0.203%	$3K	$6K	20x	as long as short
Aster XAGUSDT	+0.0058%	4h	65.510	+0.168%	$2.7M	$955K	100x	as long as short
Paradex XAG-USD-PERP	+0.0060%	8h	65.504	+0.159%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.502	+0.156%	$1.2M	$4.9M	20x	as long as short
Bybit XAGUSDT	+0.0066%	4h	65.520	+0.183%	$28.7M	$39.4M	150x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.562	+0.248%	$468K	$29.2M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0088%	1h	65.553	+0.234%	$35K	$21K	20x	as long as short
Variational Omni XAG	+0.0096%	4h	65.634	+0.357%	$5.5M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0099%	4h	65.501	+0.154%	$188.4M	$747.8M	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.471	+0.108%	$468K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.460	+0.092%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.610	+0.321%	$112K	$19K	50x	as long as short
MEXC SILVER_USDT	+0.0102%	4h	65.480	+0.122%	$113.5M	$156.3M	1000x	as long as short
Lighter XAG	+0.0104%	1h	65.516	+0.177%	$5.4M	$11.2M	25x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.498	+0.150%	$47K	—	10x	as long as short
Nado XAG-PERP	+0.0112%	1h	65.448	+0.073%	$1.2M	$5.5M	10x	as long as short
edgeX XAGUSDC	+0.0119%	4h	65.591	+0.293%	$668K	$314K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.590	+0.291%	$1.6M	$1.3M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0148%	4h	65.631	+0.353%	$395K	$1.6M	25x	as long as short
Bullet SILVER-USD	+0.0164%	1h	65.508	+0.165%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0196%	4h	65.510	+0.168%	$23.8M	$46.3M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0202%	8h	65.520	+0.183%	$27.8M	$70.5M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.500	+0.153%	$66K	$370K	20x	as long as short
Aftermath Perps XAGUSD	+0.0209%	1h	65.548	+0.226%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0321% / S −0.0301%	1h	65.515	+0.176%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0342%	4h	65.610	+0.321%	$2.6M	$619K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0491%	1h	65.563	+0.249%	$914K	$735K	25x	as long as short