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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.14 per $10,000 · paid last 24h −0.013%
Price spread now: Hotstuff against Ondo Perps+0.075%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hotstuff is 0.075% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P65.240−0.0003get 0.0000% / 1h16m 23s$5.7M$10.4M25x
ShortHotstuff SILVER-PERP65.2890.0112get 0.0014% / 1h16m 23s$35K$23K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$24.19
Price spread: +0.075% → 0.000%
$7.51
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$21.7
Costs to cover
0.100%
Break-even
0.7 days
Slippage unknown: Ondo Perps: no order-book sample; Hotstuff: no order-book sample. 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 Hotstuff no order-book sample
Ondo Perps and Hotstuff: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP−0.0220%1h64.602−0.978%$11K$24052xas long as short
Ondo Perps XAG-USD.Plong−0.0003%1h65.240long leg$5.7M$10.4M25x
dYdX XAG-USD0.0000%1h65.257+0.025%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h65.380+0.215%$139.3M$200.0M100xas long as short
SunX XAG-USDT0.0000%4h65.360+0.184%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.410+0.261%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.230%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.302+0.095%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.389+0.229%$4.5M$9.7M25xas long as short
Extended XAG-USD+0.0032%1h65.301+0.094%$5.1M$11.6M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.330+0.138%$786K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.775+0.820%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.333+0.143%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.300+0.092%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.327+0.134%$29K$1665xas long as short
QFEX SILVER-USD+0.0062%1h65.330+0.138%$444K$1.4M20xas long as short
Coinbase International SILVER-PERP-INTX+0.0088%1h65.330+0.138%$1.6M$1.7M20xas long as short
Variational Omni XAG+0.0094%4h65.332+0.140%$5.7M$9.2Mas long as short
Kalshi KXSILVERPERP+0.0096%24h65.374+0.205%$641K$37.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.278+0.058%$465K$574K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.320+0.123%$25.2M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.270+0.046%$111K$19K50xas long as short
Phoenix SILVER+0.0110%1h65.288+0.074%$55K$13K25xas long as short
Hotstuff SILVER-PERPshort+0.0112%1h65.289+0.075%$35K$23K20x
tradeXYZ xyz:SILVER+0.0123%1h65.335+0.146%$174.1M$93.0M25xas long as short
Aevo XAG-PERP+0.0128%1h65.379+0.213%$47K10xas long as short
MEXC SILVER_USDT+0.0130%4h65.360+0.184%$119.6M$166.7M1000xas long as short
Binance XAGUSDT+0.0130%4h65.376+0.208%$193.1M$835.0M100xas long as short
edgeX XAGUSDC+0.0134%4h65.334+0.143%$666K$315K30xas long as short
Aster XAGUSDT+0.0138%4h65.375+0.206%$2.7M$1.1M100xas long as short
Nado XAG-PERP+0.0181%1h65.314+0.113%$1.2M$3.9M10xas long as short
GRVT XAG_USDT_Perp+0.0188%4h65.320+0.123%$394K$1.6M25xas long as short
Lighter XAG+0.0192%1h65.386+0.223%$5.1M$11.7M25xas long as short
RISEx XAG/USDC+0.0206%1h65.357+0.180%$1.2M$4.9M20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.340+0.153%$77K$411K20xas long as short
OKX XAG-USDT-SWAP+0.0214%8h65.370+0.199%$27.9M$82.3M50xas long as short
Aftermath Perps XAGUSD+0.0217%1h65.305+0.099%$78K$37K10xas long as short
Bybit XAGUSDT+0.0222%4h65.380+0.215%$30.4M$46.8M150xas long as short
Bitget XAGUSDT+0.0246%4h65.370+0.199%$23.1M$50.3M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0262% / S −0.0228%1h65.355+0.176%$93K111xas long as short
Hibachi XAG/USDT-P+0.0272%1h65.270+0.046%$20K$12K10xas long as short
Bullet SILVER-USD+0.0277%1h65.374+0.205%$44K$74K10xas long as short
BloFin XAG-USDT+0.0370%4h65.310+0.107%$2.7M$753K100xas long as short
Kraken Futures PF_XAGUSD+0.0775%1h65.337+0.148%$1.0M$937K25xas long as short