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−0.0179%/8h= −19.6% APRnext payment $0.22 per $10,000 · paid last 24h −0.064%
Price spread now: Ondo Perps against Nado−0.067%7-day average −0.139% · 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 3 days (all we have)−0.068%−$7 on $10k
Price spread, last 7 days−0.283%−$28 · spread now −0.067%, 7d avg −0.139%
Together, before fees−0.351%+ Points / potential airdropNado: Active · Ondo Perps: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.072% dearer against Nado than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.139%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 3 days (−0.068% in total) that is about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAG-PERP66.3240.0229pay 0.0029% / 1h36m 59s$1.3M$6.5M10x
ShortOndo Perps XAG-USD.P66.2800.0050get 0.0006% / 1h36m 59s$5.7M$9.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. 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
−$37.51
Price spread: −0.067% → −0.139%
$7.2
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$42.31
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 2 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 Nado live order book, 2 min ago0.08 bp4.3 bp −$47.6 bp −$7629.9 bp −$2,989doesn'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%1h66.294−0.045%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.360+0.054%$153.3M$162.2M100xas long as short
SunX XAG-USDT0.0000%4h66.360+0.054%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.410+0.129%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.370+0.069%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.278−0.069%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.337+0.019%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.304−0.030%$5.4M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.114%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.420+0.145%$799K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.810+0.733%25xas long as short
Phoenix SILVER+0.0048%1h66.413+0.134%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.314−0.015%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.275−0.074%$3K$6K20xas long as short
Ondo Perps XAG-USD.Pshort+0.0050%1h66.280−0.067%$5.7M$9.5M25x
QFEX SILVER-USD+0.0054%1h66.360+0.054%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.336+0.018%$562K$23.2M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.375+0.077%$1.2M$4.3M20xas long as short
Bybit XAGUSDT+0.0080%4h66.390+0.099%$26.4M$35.9M150xas long as short
tradeXYZ xyz:SILVER+0.0094%1h66.334+0.015%$165.6M$76.0M25xas long as short
Pacifica XAG+0.0100%1h66.328+0.006%$472K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.320−0.006%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.470+0.220%$126K$23K50xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.371%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0118%4h66.339+0.022%$2.7M$967K100xas long as short
Paradex XAG-USD-PERP+0.0123%8h66.372+0.073%$30K$1K5xas long as short
Variational Omni XAG+0.0129%4h66.505+0.272%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0144%1h66.333+0.014%$48K10xas long as short
MEXC SILVER_USDT+0.0152%4h66.350+0.039%$102.1M$158.1M1000xas long as short
Binance XAGUSDT+0.0153%4h66.369+0.067%$192.6M$708.2M100xas long as short
Lighter XAG+0.0160%1h66.350+0.039%$5.3M$10.5M25xas long as short
edgeX XAGUSDC+0.0166%4h66.514+0.286%$675K$314K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520+0.295%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0197%8h66.380+0.084%$28.0M$66.0M50xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.427+0.156%$80K$38K10xas long as short
Hotstuff SILVER-PERP+0.0224%1h66.368+0.066%$35K$21K20xas long as short
Bitget XAGUSDT+0.0226%4h66.370+0.069%$24.2M$46.1M100xas long as short
Nado XAG-PERPlong+0.0229%1h66.324long leg$1.3M$6.5M10x
GRVT XAG_USDT_Perp+0.0242%4h66.526+0.304%$391K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.473+0.224%$20K$22K10xas long as short
Bullet SILVER-USD+0.0278%1h66.353+0.044%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.345+0.031%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.308−0.024%$765K$471K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.340+0.024%$50K$325K20xas long as short