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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.037%
Price spread now: Pacifica against Ondo Perps+0.093%7-day average +0.122% · 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+0.092%+$9 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.093%, 7d avg +0.122%
Together, before fees+0.086%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.029% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.093% now, against its 7-day average of +0.122%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.092% in total) that is about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P65.040−0.0027get 0.0003% / 1h9m 43s$5.7M$9.8M25x
ShortPacifica XAG65.1000.0100get 0.0013% / 1h9m 43s$463K$598K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$26.71
Price spread: +0.093% → +0.122%
−$2.9
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$10.81
Costs to cover
0.130%
Break-even
4.2 days
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 29 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 Pacifica live order book, 29 min ago0.08 bp4.4 bp −$4doesn't fitdoesn't fitdoesn't fit
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
Ondo Perps XAG-USD.Plong−0.0027%1h65.040long leg$5.7M$9.8M25x
dYdX XAG-USD0.0000%1h65.120+0.123%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.170+0.200%$27.7M$39.1M150xas long as short
Variational Omni XAG0.0000%4h65.227+0.287%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.230+0.292%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.260+0.338%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.240+0.308%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.172+0.203%$118K250xas long as short
Hotstuff SILVER-PERP+0.0016%1h65.128+0.135%$35K$21K20xas long as short
Gate XAG_USDT+0.0028%4h65.170+0.200%$140.4M$181.5M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.158+0.182%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.101+0.094%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.091%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.150+0.169%$125.9M$162.3M1000xas long as short
Binance XAGUSDT+0.0034%4h65.159+0.183%$191.4M$755.3M100xas long as short
StandX XAG-USD+0.0040%1h65.250+0.323%$785K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.166+0.194%$2.7M$976K100xas long as short
QFEX SILVER-USD+0.0044%1h65.150+0.169%$171K$1.4M20xas long as short
edgeX XAGUSDC+0.0046%4h65.107+0.104%$663K$314K30xas long as short
Vest SI-PERP+0.0046%1h65.658+0.950%25xas long as short
Aevo XAG-PERP+0.0048%1h65.231+0.294%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.215+0.269%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.172+0.203%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0054%8h65.141+0.155%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.211+0.263%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0068%1h65.121+0.125%$173.0M$84.5M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.181+0.217%$483K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h64.970−0.108%$1.6M$1.4M20xas long as short
Pacifica XAGshort+0.0100%1h65.100+0.093%$463K$598K10x
KuCoin XAGUSDTM+0.0100%4h65.120+0.123%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.180+0.215%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.158+0.182%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0143%4h65.240+0.308%$2.7M$626K100xas long as short
GRVT XAG_USDT_Perp+0.0146%4h65.293+0.389%$395K$1.6M25xas long as short
Nado XAG-PERP+0.0154%1h65.207+0.257%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0160%4h65.160+0.185%$23.2M$44.8M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.170+0.200%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.158+0.181%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0192%1h65.173+0.204%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0210%1h65.220+0.277%$65K$397K20xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.239+0.306%$20K$17K10xas long as short
Bullet SILVER-USD+0.0235%1h65.243+0.312%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.235+0.300%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0364%1h65.211+0.264%$1.0M$869K25xas long as short