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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.002%
Price spread now: SunX against Ondo Perps+0.137%7-day average +0.199% · 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+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.137%, 7d avg +0.199%
Together, before fees+0.075%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.062% cheaper against Ondo Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.199%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P65.5800.0028pay 0.0003% / 1h27m 40s$5.6M$11.1M25x
ShortSunX XAG-USDT65.6700get 0.0000% / 4h1h 27m$2K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$5.88
Price spread: +0.137% → +0.199%
−$6.18
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$25.06
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: 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 SunX live order book, 3 min ago29.70 bp33.7 bp −$3463.0 bp −$630doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−3.2000%1h65.632+0.079%$36K$23K20xas long as short
dYdX XAG-USD0.0000%1h65.586+0.009%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.670+0.137%$138.3M$205.5M100xas long as short
SunX XAG-USDTshort0.0000%4h65.670+0.137%$2K$2.4M20x
HTX XAG-USDT0.0000%4h65.680+0.152%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.680+0.152%$1.5M$255K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.603+0.034%$119K250xas long as short
Ondo Perps XAG-USD.Plong+0.0028%1h65.580long leg$5.6M$11.1M25x
Lighter RH XAG+0.0032%1h65.634+0.082%$4.5M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.592+0.019%$5.1M$11.8M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h64.602−1.491%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.670+0.137%$790K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.088+0.775%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.630+0.076%$3.8M$907K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.602+0.034%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.650+0.107%$447K$1.4M20xas long as short
Paradex XAG-USD-PERP+0.0054%8h65.617+0.056%$29K5xas long as short
Variational Omni XAG+0.0067%4h65.630+0.076%$5.7M$9.1Mas long as short
tradeXYZ xyz:SILVER+0.0072%1h65.617+0.056%$175.4M$95.0M25xas long as short
Bybit XAGUSDT+0.0080%4h65.660+0.122%$30.4M$48.3M150xas long as short
Aster XAGUSDT+0.0088%4h65.640+0.091%$2.7M$1.2M100xas long as short
Binance XAGUSDT+0.0091%4h65.647+0.102%$191.5M$865.5M100xas long as short
MEXC SILVER_USDT+0.0092%4h65.630+0.076%$118.5M$164.6M1000xas long as short
Pacifica XAG+0.0100%1h65.587+0.011%$464K$559K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.610+0.046%$25.4M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.5800.000%$112K$19K50xas long as short
Kalshi KXSILVERPERP+0.0102%24h65.667+0.133%$797K$39.0M8.1xas long as short
Aevo XAG-PERP+0.0104%1h65.651+0.108%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.620+0.061%$1.6M$1.9M20xas long as short
edgeX XAGUSDC+0.0107%4h65.625+0.069%$669K$315K30xas long as short
GRVT XAG_USDT_Perp+0.0108%4h65.649+0.106%$386K$1.6M25xas long as short
RISEx XAG/USDC+0.0116%1h65.664+0.128%$1.3M$5.2M20xas long as short
Phoenix SILVER+0.0122%1h65.611+0.047%$55K$14K25xas long as short
Lighter XAG+0.0136%1h65.642+0.095%$5.1M$11.7M25xas long as short
Nado XAG-PERP+0.0137%1h65.622+0.064%$1.2M$3.5M10xas long as short
OKX XAG-USDT-SWAP+0.0197%8h65.640+0.091%$28.1M$85.8M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.640+0.091%$77K$414K20xas long as short
Bullet SILVER-USD+0.0216%1h65.674+0.143%$45K$73K10xas long as short
Aftermath Perps XAGUSD+0.0221%1h65.633+0.081%$79K$37K10xas long as short
Bitget XAGUSDT+0.0228%4h65.660+0.122%$23.2M$53.0M100xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.617+0.056%$21K$12K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0274% / S −0.0243%1h65.685+0.160%$93K111xas long as short
BloFin XAG-USDT+0.0333%4h65.670+0.137%$2.7M$764K100xas long as short
Kraken Futures PF_XAGUSD+0.0547%1h65.643+0.096%$1.0M$952K25xas long as short