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+0.0068%/8h= +7.4% APRpaid last 24h +0.010%
Price spread now: Gate against Ondo Perps+0.214%7-day average +0.185% · 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+0.057%+$6 on $10k
Price spread, last 7 days−0.159%−$16 · spread now +0.214%, 7d avg +0.185%
Together, before fees−0.102%+ Points / potential airdropOndo Perps: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.030% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.185%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P65.360−0.0024get 0.0003% / 1h24m 40s$5.6M$9.4M25x
ShortGate XAG_USDT65.5000.0044get 0.0022% / 4h2h 24m$142.4M$171.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$14.28
Price spread: +0.214% → +0.185%
$2.96
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2.76
Costs to cover
0.200%
Break-even
8.4 days
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago0.76 bp8.3 bp −$810.1 bp −$10112.0 bp −$1,20116.9 bp −$8,438
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−0.0024%1h65.360long leg$5.6M$9.4M25x
dYdX XAG-USD0.0000%1h65.409+0.075%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.570+0.321%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.600+0.367%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.550+0.291%$1.5M$266K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.524+0.251%$118K250xas long as short
RISEx XAG/USDC+0.0030%1h65.570+0.321%$1.3M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.473+0.173%$4.7M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.452+0.140%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.591%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.675+0.482%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h65.430+0.107%$787K$3.0M40xas long as short
Gate XAG_USDTshort+0.0044%4h65.500+0.214%$142.4M$171.7M100x
Vest SI-PERP+0.0046%1h65.962+0.921%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.549+0.289%$3.9M$710K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.506+0.223%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.550+0.291%$154K$2.8M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.356−0.006%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0059%8h65.441+0.123%$29K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0061%1h65.428+0.104%$166.2M$78.3M25xas long as short
Bybit XAGUSDT+0.0068%4h65.480+0.184%$28.2M$39.1M150xas long as short
Kalshi KXSILVERPERP+0.0075%24h65.554+0.297%$523K$28.0M8.1xas long as short
Aster XAGUSDT+0.0093%4h65.475+0.176%$2.7M$941K100xas long as short
Pacifica XAG+0.0100%1h65.413+0.081%$466K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.440+0.122%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.330−0.046%$112K$30K50xas long as short
Lighter XAG+0.0120%1h65.459+0.151%$5.3M$11.1M25xas long as short
Variational Omni XAG+0.0129%4h65.384+0.037%$5.6M$9.5Mas long as short
Aevo XAG-PERP+0.0136%1h65.570+0.321%$47K10xas long as short
Binance XAGUSDT+0.0139%4h65.460+0.153%$190.2M$731.4M100xas long as short
MEXC SILVER_USDT+0.0140%4h65.460+0.153%$113.5M$158.3M1000xas long as short
edgeX XAGUSDC+0.0145%4h65.373+0.021%$665K$311K30xas long as short
Nado XAG-PERP+0.0148%1h65.514+0.236%$1.3M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.510+0.229%$1.7M$1.4M20xas long as short
GRVT XAG_USDT_Perp+0.0190%4h65.406+0.071%$386K$1.5M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0208%1h65.560+0.306%$66K$370K20xas long as short
Bitget XAGUSDT+0.0208%4h65.460+0.153%$23.2M$47.7M100xas long as short
OKX XAG-USDT-SWAP+0.0215%8h65.470+0.168%$27.5M$69.4M50xas long as short
Aftermath Perps XAGUSD+0.0216%1h65.559+0.305%$79K$37K10xas long as short
Bullet SILVER-USD+0.0229%1h65.584+0.343%$43K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0358% / S −0.0317%1h65.585+0.344%$87K111xas long as short
Hibachi XAG/USDT-P+0.0360%1h65.325−0.053%$20K$19K10xas long as short
BloFin XAG-USDT+0.0381%4h65.510+0.229%$2.6M$624K100xas long as short
Kraken Futures PF_XAGUSD+0.0470%1h65.563+0.310%$916K$749K25xas long as short