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
LONG60.730+0.0046pay 0.0006% / 1h44m 46s$144K$9325xLong Vest Markets+5% pts
SHORT60.480+0.0266get 0.0133% / 4h1h 44m$2.2M$41.7M—Short BingX
Price gap−0.412%
Funding gap+0.0220% /8h

Both sides work: funding pays +$7 a day on $10k, and the gap is 0.196% above its 7d average: +$20 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$42+0.0220% /8h now · paid +0.424% over the last 7D
Price+$20spread −0.412% now, avg −0.607% → +0.196% if it goes back
Costsno datano order book for Vest Markets
Result, before costs+$62+0.62%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · 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−0.412%
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 45 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets: its slippage is not counted.
  • Note: Margin at max leverage$400 + —
    Vest Markets 25x, BingX —. 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: +$6.61Long Vest Markets: 24 payments, −$1.37; short BingX: 6 payments, +$7.98.
  • OK: Entry gap works for you−0.412% vs −0.607%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$144K vs $2.2M OI
    Vest Markets sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points
    Volume here counts toward the points program.
  • Watch: KYCVest Markets No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0202%/8h × 21 periods+$42.44
Price spread−0.412% → −0.607% (7d avg)+$19.57
Slippage, 4 ordersno data for Vest Markets—
Fee Vest Markets bp × 2 orders−$2.00
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$50.01
Costs to cover0.120%Break-evenfrom the start
Slippage: Vest Markets: no order-book sample; BingX: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVest Markets—————
SELL · SHORTBingX1.656.7 bp−$76.7 bp−$678.5 bp−$85518.7 bp−$9,339

Closing costs about the same again.
Vest Markets: no data.

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