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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h +0.020%
Price spread now: Injective against Ondo Perps+0.121%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 7 days+0.021%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.121% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.121% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 31 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P66.3200.0046pay 0.0006% / 1h34m 18s$5.7M$9.6M25x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h34m 18s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$2.74
Price spread: +0.121% → 0.000%
$12.06
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$4.3
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Injective: 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 Injective no order-book sample
Ondo Perps and Injective: 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
Hotstuff SILVER-PERP−0.0008%1h66.425+0.158%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h66.421+0.153%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.470+0.226%$153.4M$162.6M100xas long as short
SunX XAG-USDT0.0000%4h66.480+0.241%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.500+0.271%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.470+0.226%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.416+0.144%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.434+0.172%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.404+0.127%$5.4M$12.2M10xas long as short
Injective XAG/USDC PERPshort+0.0033%1h66.400+0.121%$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.480+0.241%$800K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.892+0.862%25xas long as short
Ondo Perps XAG-USD.Plong+0.0046%1h66.320long leg$5.7M$9.6M25x
Phoenix SILVER+0.0048%1h66.346+0.039%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.440+0.181%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.415+0.143%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.440+0.181%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.421+0.152%$631K$23.3M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.440+0.181%$1.2M$4.3M20xas long as short
Bybit XAGUSDT+0.0082%4h66.510+0.286%$26.4M$35.9M150xas long as short
tradeXYZ xyz:SILVER+0.0095%1h66.427+0.161%$165.8M$76.0M25xas long as short
Pacifica XAG+0.0100%1h66.366+0.069%$472K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.410+0.136%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.310−0.015%$126K$23K50xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.377%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0119%4h66.435+0.174%$2.8M$960K100xas long as short
Paradex XAG-USD-PERP+0.0125%8h66.416+0.144%$30K$1K5xas long as short
Variational Omni XAG+0.0140%4h66.405+0.128%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0144%1h66.484+0.247%$48K10xas long as short
MEXC SILVER_USDT+0.0154%4h66.460+0.211%$102.4M$158.1M1000xas long as short
Binance XAGUSDT+0.0158%4h66.488+0.254%$192.9M$708.1M100xas long as short
edgeX XAGUSDC+0.0166%4h66.514+0.292%$675K$314K30xas long as short
Lighter XAG+0.0176%1h66.421+0.152%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520+0.302%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0199%8h66.490+0.256%$28.0M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.442+0.183%$80K$38K10xas long as short
Nado XAG-PERP+0.0228%1h66.409+0.134%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0230%4h66.490+0.256%$24.0M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0242%4h66.526+0.310%$391K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0264%1h66.405+0.128%$20K$22K10xas long as short
Bullet SILVER-USD+0.0282%1h66.472+0.229%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.495+0.264%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0462%1h66.442+0.184%$766K$482K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0503%1h66.480+0.241%$50K$325K20xas long as short