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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0013%/8h= +1.5% APRpaid last 24h +0.036%
Price spread now: Variational Omni against Ondo Perps+0.131%7-day average +0.163% · 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 3 days (all we have)+0.025%+$2 on $10k
Price spread, last 7 days+0.024%+$2 · spread now +0.131%, 7d avg +0.163%
Together, before fees+0.049%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.032% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.131% now, against its 7-day average of +0.163%). If the spread goes back, that is −$3 on $10k: about 8.1 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P66.1500.0050pay 0.0006% / 1h16m 01s$5.7M$9.9M25x
ShortVariational Omni XAG66.2370.0064get 0.0032% / 4h1h 16m$5.5M$10.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$2.82
Price spread: +0.131% → +0.163%
−$3.24
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$5.42
Costs to cover
0.050%
Break-even
20.5 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 3 min ago2.57 bpdoesn't fit3.3 bp −$336.3 bp −$634doesn'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
Kraken Futures PF_XAGUSD−0.0272%1h66.211+0.092%$766K$569K25xas long as short
dYdX XAG-USD0.0000%1h66.175+0.038%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.260+0.166%$25.6M$33.3M150xas long as short
RISEx XAG/USDC0.0000%1h66.240+0.135%$1.3M$4.2M20xas long as short
Gate XAG_USDT0.0000%4h66.240+0.136%$146.2M$173.0M100xas long as short
SunX XAG-USDT0.0000%4h66.250+0.151%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.270+0.181%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.260+0.166%$1.5M$248K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.171+0.031%$120K250xas long as short
QFEX SILVER-USD+0.0016%1h66.230+0.121%$144K$2.8M20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h66.228+0.117%$4.7M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h66.170+0.030%$5.5M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.378%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.190+0.060%$792K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.671+0.788%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.203+0.080%$165.0M$88.4M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.206+0.085%$3.9M$698K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.170+0.030%$4K$5K20xas long as short
Ondo Perps XAG-USD.Plong+0.0050%1h66.150long leg$5.7M$9.9M25x
Kalshi KXSILVERPERP+0.0057%24h66.195+0.068%$583K$21.3M8.1xas long as short
Aster XAGUSDT+0.0063%4h66.252+0.155%$2.8M$1.0M100xas long as short
Variational Omni XAGshort+0.0064%4h66.237+0.131%$5.5M$10.5M
Bitget XAGUSDT+0.0064%4h66.260+0.166%$24.0M$47.8M100xas long as short
Hotstuff SILVER-PERP+0.0072%1h66.203+0.080%$35K$21K20xas long as short
Phoenix SILVER+0.0073%1h66.194+0.067%$56K$26K25xas long as short
MEXC SILVER_USDT+0.0080%4h66.240+0.136%$121.6M$182.2M1000xas long as short
Binance XAGUSDT+0.0082%4h66.250+0.151%$189.7M$728.5M100xas long as short
edgeX XAGUSDC+0.0084%4h66.235+0.129%$672K$315K30xas long as short
Aevo XAG-PERP+0.0088%1h66.233+0.125%$48K10xas long as short
Pacifica XAG+0.0100%1h66.184+0.051%$473K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.210+0.091%$24.3M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.180+0.045%$113K$26K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h66.220+0.106%$1.9M$862K20xas long as short
GRVT XAG_USDT_Perp+0.0110%4h66.240+0.136%$390K$1.5M25xas long as short
Paradex XAG-USD-PERP+0.0116%8h66.224+0.112%$30K$1K5xas long as short
BloFin XAG-USDT+0.0123%4h66.250+0.151%$2.5M$847K100xas long as short
Aftermath Perps XAGUSD+0.0125%1h66.196+0.070%$80K$40K10xas long as short
Lighter XAG+0.0136%1h66.229+0.119%$5.2M$11.0M25xas long as short
Hibachi XAG/USDT-P+0.0144%1h66.193+0.066%$20K$22K10xas long as short
OKX XAG-USDT-SWAP+0.0172%8h66.260+0.166%$27.3M$66.4M50xas long as short
Nado XAG-PERP+0.0221%1h66.181+0.046%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0264%1h66.244+0.143%$44K$74K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0302% / S −0.0300%1h66.245+0.144%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.220+0.106%$51K$359K20xas long as short