Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0165%/8h= +18.1% APRpaid last 24h +0.074%

Price spread now: Bitget against Ondo Perps+0.166%7-day average +0.173% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$14 on $10k

Price spread, last 7 days+0.159%+$16 · spread now +0.166%, 7d avg +0.173%

Together, before fees+0.294%+ Points / potential airdropOndo Perps: Active · farm board+$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.173%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAG-USD.P	66.320	0.0033	pay 0.0004% / 1h	57m 43s	$5.7M	$9.5M	25x
Short	Bitget XAGUSDT	66.430	0.0198	get 0.0099% / 4h	2h 57m	$24.5M	$46.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee BitgetbpOrdersPrice spread, now +0.166%Rate

Funding earned: $34.69
Price spread: +0.166% → +0.173%: −$0.69
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: $17.01
Costs to cover: 0.170%
Break-even: 3.6 days

Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	0.75 bp	6.9 bp −$7	9.4 bp −$94	17.3 bp −$1,729	33.6 bp −$16.8K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XAG-USD	0.0000%	1h	66.325	+0.008%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.440	+0.181%	$25.9M	$35.8M	150x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.425	+0.158%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.430	+0.166%	$154.2M	$159.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.460	+0.211%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.520	+0.302%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.450	+0.196%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.409	+0.134%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.377	+0.086%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.346	+0.039%	$5.4M	$12.5M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.Plong	+0.0033%	1h	66.320	long leg	$5.7M	$9.5M	25x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.121%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.470	+0.226%	$800K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.906	+0.884%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.507	+0.282%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.431	+0.167%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.385	+0.098%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.420	+0.151%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.411	+0.137%	$548K	$23.0M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.424	+0.157%	$1.2M	$4.3M	20x	as long as short
Aster XAGUSDT	+0.0096%	4h	66.381	+0.092%	$2.7M	$1.0M	100x	as long as short
tradeXYZ xyz:SILVER	+0.0097%	1h	66.362	+0.063%	$165.6M	$85.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.371	+0.077%	$473K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.360	+0.060%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.530	+0.317%	$127K	$24K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.337%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.414	+0.142%	$30K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.552	+0.350%	$675K	$315K	30x	as long as short
MEXC SILVER_USDT	+0.0124%	4h	66.410	+0.136%	$108.0M	$155.9M	1000x	as long as short
Binance XAGUSDT	+0.0126%	4h	66.420	+0.151%	$193.2M	$716.5M	100x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.450	+0.195%	$48K	—	10x	as long as short
Lighter XAG	+0.0160%	1h	66.386	+0.100%	$5.3M	$10.4M	25x	as long as short
BloFin XAG-USDT	+0.0169%	4h	66.450	+0.196%	$2.6M	$686K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	+0.136%	$1.9M	$960K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0194%	8h	66.420	+0.151%	$27.9M	$66.6M	50x	as long as short
GRVT XAG_USDT_Perp	+0.0194%	4h	66.551	+0.348%	$402K	$1.5M	25x	as long as short
Bitget XAGUSDTshort	+0.0198%	4h	66.430	+0.166%	$24.5M	$46.4M	100x
Aftermath Perps XAGUSD	+0.0204%	1h	66.460	+0.211%	$80K	$39K	10x	as long as short
Nado XAG-PERP	+0.0243%	1h	66.420	+0.151%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0266%	1h	66.474	+0.232%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.475	+0.234%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.371	+0.077%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.440	+0.181%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.425	+0.158%	$766K	$552K	25x	as long as short