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−0.0031%/8h= −3.4% APRnext payment $0.04 per $10,000 · paid last 24h −0.017%
Price spread now: Ondo Perps against Lighter RH−0.169%7-day average −0.114% · 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−0.081%−$8 on $10k
Price spread, last 7 days+0.198%+$20 · spread now −0.169%, 7d avg −0.114%
Together, before fees+0.118%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.056% cheaper against Lighter RH than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.114%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG65.6710.0032pay 0.0004% / 1h10m 02s$4.7M$9.6M25x
ShortOndo Perps XAG-USD.P65.5600.0001get 0.0000% / 1h10m 02s$5.6M$9.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter RH. 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
−$6.55
Price spread: −0.169% → −0.114%
−$5.55
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.11
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 4 min ago; Ondo Perps: 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 Lighter RH live order book, 4 min ago1.05 bp1.4 bp −$13.6 bp −$3622.3 bp −$2,234doesn'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 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%1h65.576−0.145%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.690+0.029%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.710+0.059%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.690+0.029%$1.5M$280K100xas long as short
Ondo Perps XAG-USD.Pshort+0.0001%1h65.560−0.169%$5.6M$9.7M25x
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.616−0.084%$119K250xas long as short
RISEx XAG/USDC+0.0030%1h65.662−0.014%$1.2M$4.9M20xas long as short
Lighter RH XAGlong+0.0032%1h65.671long leg$4.7M$9.6M25x
Extended XAG-USD+0.0032%1h65.619−0.079%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.110%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.418−0.386%$56K$26K25xas long as short
Gate XAG_USDT+0.0040%4h65.710+0.059%$145.1M$179.9M100xas long as short
StandX XAG-USD+0.0040%1h65.570−0.154%$789K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.068+0.604%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.627−0.067%$3.9M$710K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.636−0.054%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.630−0.063%$157K$2.8M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.607−0.098%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.616−0.085%$29K$1K5xas long as short
Kalshi KXSILVERPERP+0.0076%24h65.640−0.048%$450K$28.9M8.1xas long as short
tradeXYZ xyz:SILVER+0.0081%1h65.659−0.019%$171.1M$82.7M25xas long as short
Aster XAGUSDT+0.0088%4h65.680+0.013%$2.7M$944K100xas long as short
Pacifica XAG+0.0100%1h65.585−0.131%$468K$626K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.650−0.032%$24.7M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.400−0.413%$112K$23K50xas long as short
Bybit XAGUSDT+0.0125%4h65.710+0.059%$28.9M$38.9M150xas long as short
Variational Omni XAG+0.0127%4h65.584−0.134%$5.5M$9.5Mas long as short
Lighter XAG+0.0128%1h65.691+0.030%$5.3M$11.2M25xas long as short
Hibachi XAG/USDT-P+0.0136%1h65.476−0.298%$20K$19K10xas long as short
Aevo XAG-PERP+0.0136%1h65.678+0.010%$47K10xas long as short
Binance XAGUSDT+0.0138%4h65.690+0.029%$189.4M$744.7M100xas long as short
MEXC SILVER_USDT+0.0138%4h65.690+0.029%$123.6M$161.5M1000xas long as short
Nado XAG-PERP+0.0155%1h65.582−0.135%$1.3M$5.5M10xas long as short
edgeX XAGUSDC+0.0158%4h65.443−0.348%$666K$311K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.530−0.215%$1.6M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0204%4h65.430−0.367%$397K$1.5M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.680+0.013%$66K$368K20xas long as short
Aftermath Perps XAGUSD+0.0208%1h65.471−0.305%$79K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0216%8h65.690+0.029%$27.9M$70.2M50xas long as short
Bitget XAGUSDT+0.0216%4h65.700+0.044%$23.8M$46.2M100xas long as short
Bullet SILVER-USD+0.0245%1h65.681+0.015%$43K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0366% / S −0.0361%1h65.675+0.006%$93K111xas long as short
BloFin XAG-USDT+0.0379%4h65.610−0.093%$2.6M$622K100xas long as short
Kraken Futures PF_XAGUSD+0.0469%1h65.657−0.021%$916K$735K25xas long as short