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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.046%
Price spread now: edgeX against Ondo Perps−0.076%7-day average +0.180% · 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+0.100%+$10 on $10k
Price spread, last 4 days (all we have)+0.257%+$26 · spread now −0.076%, 7d avg +0.180%
Together, before fees+0.357%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.256% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.180%). If the spread goes back, that is −$26 on $10k: about 5.8 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.100% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P65.6100.0001pay 0.0000% / 1h9m 10s$5.6M$9.7M25x
ShortedgeX XAGUSDC65.5600.0147get 0.0074% / 4h2h 09m$667K$312K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$30.75
Price spread: −0.076% → +0.180%
−$25.58
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$8.84
Costs to cover
0.140%
Break-even
9.0 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 40 min ago. 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 Ondo Perps no order-book sample
Sell edgeX live order book, 40 min ago2.27 bp6.8 bp −$76.8 bp −$689.2 bp −$91921.3 bp −$10.6K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USD0.0000%1h65.642+0.049%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.710+0.152%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.720+0.168%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.680+0.107%$1.5M$280K100xas long as short
Ondo Perps XAG-USD.Plong+0.0001%1h65.610long leg$5.6M$9.7M25x
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.675+0.099%$119K250xas long as short
RISEx XAG/USDC+0.0030%1h65.723+0.172%$1.2M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.674+0.098%$4.7M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.670+0.091%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.204%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.648+0.058%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h65.620+0.015%$789K$3.0M40xas long as short
Gate XAG_USDT+0.0042%4h65.700+0.137%$144.9M$180.1M100xas long as short
Vest SI-PERP+0.0046%1h66.136+0.802%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.693+0.127%$3.9M$710K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.647+0.056%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.690+0.122%$157K$2.8M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.667+0.087%$35K$21K20xas long as short
Hibachi XAG/USDT-P+0.0056%1h65.545−0.099%$20K$19K10xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.692+0.126%$29K$1K5xas long as short
Kalshi KXSILVERPERP+0.0076%24h65.695+0.130%$449K$28.9M8.1xas long as short
tradeXYZ xyz:SILVER+0.0080%1h65.653+0.066%$171.1M$82.2M25xas long as short
Aster XAGUSDT+0.0086%4h65.704+0.143%$2.7M$944K100xas long as short
Pacifica XAG+0.0100%1h65.635+0.038%$469K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.690+0.122%$24.7M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.580−0.046%$112K$23K50xas long as short
Bybit XAGUSDT+0.0121%4h65.700+0.137%$28.9M$39.0M150xas long as short
Variational Omni XAG+0.0127%4h65.584−0.040%$5.5M$9.5Mas long as short
Lighter XAG+0.0128%1h65.684+0.114%$5.4M$11.3M25xas long as short
MEXC SILVER_USDT+0.0136%4h65.680+0.107%$124.0M$161.8M1000xas long as short
Aevo XAG-PERP+0.0136%1h65.709+0.150%$47K10xas long as short
Binance XAGUSDT+0.0137%4h65.680+0.107%$189.4M$745.4M100xas long as short
edgeX XAGUSDCshort+0.0147%4h65.560−0.076%$667K$312K30x
Nado XAG-PERP+0.0154%1h65.655+0.068%$1.3M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.530−0.122%$1.6M$1.3M20xas long as short
Aftermath Perps XAGUSD+0.0207%1h65.502−0.165%$79K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.710+0.152%$66K$368K20xas long as short
GRVT XAG_USDT_Perp+0.0208%4h65.644+0.052%$398K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0215%8h65.700+0.137%$28.0M$70.2M50xas long as short
Bitget XAGUSDT+0.0216%4h65.700+0.137%$23.9M$46.3M100xas long as short
Bullet SILVER-USD+0.0243%1h65.726+0.177%$44K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0366% / S −0.0361%1h65.725+0.175%$93K111xas long as short
BloFin XAG-USDT+0.0377%4h65.680+0.107%$2.6M$622K100xas long as short
Kraken Futures PF_XAGUSD+0.0469%1h65.690+0.122%$916K$735K25xas long as short