Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG61.15000.0000% / 4h57m 00s$7K$955K20xLong SunX≤10% back
SHORT61.085+0.0048get 0.0006% / 1h57m 00s$482K$409K20xShort Popdex
Price gap−0.106%
Funding gap+0.0048% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

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 · 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
    SunX 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.44Long SunX: 6 payments, $0.00; short Popdex: 24 payments, +$1.44.
  • Note: Gap at its usual level−0.106% vs −0.108%
    The price leg adds little either way.
  • Watch: Long leg is thinner$7K vs $482K 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 legSunX No · Popdex 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+0.0133%/8h × 21 periods+$27.93
Price spread−0.106% → −0.108% (7d avg)+$0.19
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: SunX: live order book, 56 min ago; Popdex: live order book, 63 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSunX500.77doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex0.984.3 bp−$49.3 bp−$93doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XAG news

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