XAG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexXAGUSDT	61.365	+0.0048	pay 0.0006% / 1h	42m 33s	$484K	$410K	20x	Long Popdex
SHORT	SunXXAG-USDT	61.430	0	0.0000% / 4h	1h 42m	$7K	$952K	20x	Short SunX≤10% back

Price gap+0.106%

Funding gap−0.0048% /8h

Funding costs $1 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$28−0.0048% /8h now · paid −0.276% over the last 7D

Price$0spread +0.106% now, avg +0.108% → −0.002% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$28−0.28%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.106%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAG on 46 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$500 + $500
Popdex 20x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short SunX: 6 payments, $0.00.
Note: Gap at its usual level+0.106% vs +0.108%
The price leg adds little either way.
Watch: Short leg is thinner$7K vs $484K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPopdex No · SunX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0134%/8h × 21 periods−$28.05

Price spread+0.106% → +0.108% (7d avg)−$0.24

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Popdex bp × 2 orders−$6.40

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Popdex: live order book, 18 min ago; SunX: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex0.984.4 bp−$46.2 bp−$62doesn’t fitdoesn’t fit

SELL · SHORTSunX500.77doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

XAG news

posts that mention XAG or Silver, from every exchangeSearch all news →

09-30 18:40	Hotstuff	Listing	SILVER-PERP no longer reported ($XAG) seen by our collector
09-30 07:14	Aster	Listing	new market SIUSDT ($XAG) seen by our collector
09-30 03:46	Gate	Listing	new market SI_USDT ($XAG) seen by our collector
09-28 15:17	Ondo Perps	Product	Introducing spot trading for @Ondo Stocks. This brings the basis trade onto a single platform: 1. Buy Ondo Stocks 2. Deploy them as collateral 3. Short the corresponding perp to collect funding Because the spot holding doubles as long exposure and collateral, delta-neutral strategies become more capital efficient. Running both legs on a single platform also eliminates the risks of managing positions across separate platforms. Starting with 12 assets: ✅ Silver (SLVon) ✅ Gold (GLDon) ✅ Micron (MUon) ✅ Tesla (TSLAon) ✅ Circle (CRCLon) ✅ NVIDIA (NVDAon) ✅ SpaceX (SPCXon) ✅ Sandisk (SNDKon) ✅ Alphabet (GOOGLon) ✅ S&P 500 ETF (SPYon) ✅ Invesco QQQ (QQQon) ✅ Roundhill Memory ETF (DRAMon) ✅ & more to come For the first time, Ondo Stocks are available for permissionless trading (outside the US) on a spot central limit order book. Ondo Stocks opened access to tokenized equities, supporting them as collateral made those holdings productive, and now, spot trading on Ondo Perps brings the entire workflow to a single platform. Another step closer to onchain prime brokerage. To celebrate the launch, spot trading is fee-free for the first 30 days. Build a basis trade → @OndoPerps on X ↗
09-26 13:03	MEXC	Listing	new market SI_USDT ($XAG) seen by our collector
09-24 04:18	BingX	Listing	new market SI-USDT ($XAG) seen by our collector

XAG