XAG

Alert

Funding spread now, next payment 19:00 UTC−0.0193%/8h

paid, last 24h−0.037%paid, last 3 days−0.036%to open and closeno order book

Long on Variational Omni Short on Ondo Perps

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.036% in total (about -4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XAG	66.068	0.0086	pay 0.0043% / 4h	1h 21m	$5.5M	$12.4M	—
Short	Ondo Perps XAG-USD.P	65.930	−0.0107	pay 0.0013% / 1h	21m 42s	$6.2M	$8.5M	25x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee Ondo PerpsbpOrdersRate

Funding earned: −$40.49
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$45.49
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.209%
Avg gap 7d: −0.161%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Variational Omni RFQ quote, 4 min ago	2.57 bp	doesn't fit	2.6 bp −$26	7.5 bp −$751	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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 43 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.Pshort	−0.0107%	1h	$6.2M	$8.5M	25x
dYdX XAG-USD	0.0000%	1h	$15K	$997	5x	as long as short
RISEx XAG/USDC	0.0000%	1h	$1.4M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	$132.9M	$191.9M	100x	as long as short
Kalshi KXSILVERPERP	0.0000%	24h	$710K	$21.4M	8.1x	as long as short
SunX XAG-USDT	0.0000%	4h	$2K	$3.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	$119K	—	250x	as long as short
Phoenix SILVER	+0.0012%	1h	$56K	$27K	25x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	$4.6M	$9.1M	25x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	$698K	$2.5M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	$160.8M	$93.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	$3.9M	$739K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	$4K	$5K	20x	as long as short
QFEX SILVER-USD	+0.0053%	1h	$133K	$2.7M	20x	as long as short
Aster XAGUSDT	+0.0077%	4h	$2.8M	$1.3M	100x	as long as short
Paradex XAG-USD-PERP	+0.0080%	8h	$30K	$1K	5x	as long as short
Variational Omni XAGlong	+0.0086%	4h	$5.5M	$12.4M	—
MEXC SILVER_USDT	+0.0092%	4h	$121.1M	$198.4M	1000x	as long as short
Binance XAGUSDT	+0.0093%	4h	$192.2M	$781.1M	100x	as long as short
Hibachi XAG/USDT-P	+0.0096%	1h	$20K	$21K	10x	as long as short
Aevo XAG-PERP	+0.0096%	1h	$47K	—	10x	as long as short
Pacifica XAG	+0.0100%	1h	$472K	$712K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	$24.6M	$4.2M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	$112K	$100K	50x	as long as short
edgeX XAGUSDC	+0.0100%	4h	$668K	$318K	30x	as long as short
Hotstuff SILVER-PERP	+0.0112%	1h	$35K	$21K	20x	as long as short
Lighter XAG	+0.0136%	1h	$5.3M	$10.6M	25x	as long as short
BloFin XAG-USDT	+0.0141%	4h	$2.6M	$1.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0147%	8h	$27.3M	$67.3M	50x	as long as short
Bybit XAGUSDT	+0.0157%	4h	$25.2M	$37.3M	150x	as long as short
Bullet SILVER-USD	+0.0160%	1h	$44K	$77K	10x	as long as short
Aftermath Perps XAGUSD	+0.0172%	1h	$79K	$39K	10x	as long as short
Nado XAG-PERP	+0.0181%	1h	$1.3M	$6.4M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	$1.9M	$1.2M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	$88K	$516K	20x	as long as short
Extended XAG-USD	+0.0216%	1h	$5.2M	$14.8M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0249% / S −0.0217%	1h	$102K	—	111x	as long as short
Bitget XAGUSDT	+0.0268%	4h	$23.2M	$50.0M	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0389%	1h	$780K	$641K	25x	as long as short