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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0058%/8h= −6.4% APRnext payment $0.07 per $10,000 · paid last 24h −0.040%
Price spread now: Ondo Perps against Pacifica−0.048%7-day average −0.124% · you buy dearer than you sell
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−0.095%−$9 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.048%, 7d avg −0.124%
Together, before fees−0.133%+ Points / potential airdropPacifica: Active · Ondo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.076% dearer against Pacifica than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.124%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAG66.2620.0100pay 0.0013% / 1h3m 31s$472K$606K10x
ShortOndo Perps XAG-USD.P66.2300.0042get 0.0005% / 1h3m 31s$5.7M$9.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Pacifica. 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
−$12.26
Price spread: −0.048% → −0.124%
$7.57
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.69
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 65 min ago; Ondo Perps: no order-book sample. 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 Pacifica live order book, 65 min ago0.08 bp4.3 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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 43 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%1h66.241−0.032%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.330+0.103%$151.9M$165.9M100xas long as short
SunX XAG-USDT0.0000%4h66.340+0.118%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.370+0.163%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.340+0.118%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.261−0.001%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.301+0.058%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.250−0.019%$5.3M$12.2M10xas long as short
Hotstuff SILVER-PERP+0.0032%1h66.282+0.030%$35K$21K20xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.208%$11K$94K52xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.350+0.133%$798K$2.9M40xas long as short
Ondo Perps XAG-USD.Pshort+0.0042%1h66.230−0.048%$5.7M$9.6M25x
Vest SI-PERP+0.0046%1h66.765+0.759%25xas long as short
Phoenix SILVER+0.0048%1h66.266+0.006%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.307+0.068%$3.9M$671K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.257−0.008%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.320+0.088%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0062%24h66.288+0.039%$550K$24.4M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.326+0.096%$1.2M$4.4M20xas long as short
tradeXYZ xyz:SILVER+0.0098%1h66.273+0.017%$165.8M$75.7M25xas long as short
Pacifica XAGlong+0.0100%1h66.262long leg$472K$606K10x
KuCoin XAGUSDTM+0.0100%4h66.280+0.027%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.270+0.012%$113K$30K50xas long as short
Aster XAGUSDT+0.0136%4h66.320+0.087%$2.7M$937K100xas long as short
Paradex XAG-USD-PERP+0.0138%8h66.299+0.056%$30K$1K5xas long as short
Bybit XAGUSDT+0.0151%4h66.350+0.133%$26.6M$36.5M150xas long as short
Aevo XAG-PERP+0.0168%1h66.323+0.091%$48K10xas long as short
Variational Omni XAG+0.0170%4h66.313+0.078%$5.5M$9.8Mas long as short
MEXC SILVER_USDT+0.0184%4h66.320+0.088%$111.1M$159.8M1000xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.280+0.027%$1.9M$970K20xas long as short
Binance XAGUSDT+0.0186%4h66.332+0.106%$192.3M$707.2M100xas long as short
Lighter XAG+0.0192%1h66.307+0.067%$5.3M$10.7M25xas long as short
edgeX XAGUSDC+0.0200%4h66.297+0.053%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0214%8h66.330+0.103%$27.8M$65.8M50xas long as short
Nado XAG-PERP+0.0217%1h66.265+0.004%$1.3M$6.6M10xas long as short
Hibachi XAG/USDT-P+0.0224%1h66.265+0.004%$20K$22K10xas long as short
Aftermath Perps XAGUSD+0.0237%1h66.297+0.053%$80K$38K10xas long as short
Bitget XAGUSDT+0.0252%4h66.320+0.088%$23.9M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0270%4h66.330+0.102%$398K$1.5M25xas long as short
Bullet SILVER-USD+0.0286%1h66.346+0.126%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0325% / S −0.0333%1h66.335+0.110%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.310+0.072%$50K$325K20xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.306+0.066%$765K$478K25xas long as short