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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h +0.029%
Price spread now: RISEx against Ondo Perps+0.197%7-day average +0.154% · 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 4 days (all we have)+0.069%+$7 on $10k
Price spread, last 7 days−0.300%−$30 · spread now +0.197%, 7d avg +0.154%
Together, before fees−0.231%+ Points / potential airdropOndo Perps: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.043% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.154%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P65.240−0.0087get 0.0011% / 1h24m 28s$5.6M$9.7M25x
ShortRISEx XAG/USDC65.3680.0061get 0.0008% / 1h24m 28s$1.2M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$31.06
Price spread: +0.197% → +0.154%
$4.28
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$24.34
Costs to cover
0.110%
Break-even
1.5 days
Slippage unknown: Ondo Perps: no order-book sample; RISEx: live order book, 5 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 RISEx live order book, 5 min ago0.95 bp3.9 bp −$44.7 bp −$47doesn'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
Hibachi XAG/USDT-P−0.0176%1h65.320+0.123%$20K$19K10xas long as short
Ondo Perps XAG-USD.Plong−0.0087%1h65.240long leg$5.6M$9.7M25x
Hotstuff SILVER-PERP−0.0040%1h65.321+0.124%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.295+0.085%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.350+0.169%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.390+0.230%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.410+0.261%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.230%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.320+0.122%$118K250xas long as short
Gate XAG_USDT+0.0026%4h65.380+0.215%$141.1M$182.6M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.360+0.183%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.305+0.099%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.778%$11K$94K52xas long as short
Variational Omni XAG+0.0035%4h65.364+0.189%$5.5M$9.4Mas long as short
Aster XAGUSDT+0.0039%4h65.340+0.153%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.360+0.184%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.776+0.822%25xas long as short
QFEX SILVER-USD+0.0050%1h65.350+0.169%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.325+0.130%$170.3M$83.5M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.316+0.116%$3.8M$718K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.308+0.104%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.344+0.159%$29K$1K5xas long as short
MEXC SILVER_USDT+0.0060%4h65.350+0.169%$116.1M$157.5M1000xas long as short
Binance XAGUSDT+0.0060%4h65.340+0.153%$190.9M$763.4M100xas long as short
RISEx XAG/USDCshort+0.0061%1h65.368+0.197%$1.2M$4.9M20x
Phoenix SILVER+0.0061%1h65.347+0.164%$56K$31K25xas long as short
edgeX XAGUSDC+0.0066%4h65.342+0.156%$665K$312K30xas long as short
Aevo XAG-PERP+0.0072%1h65.360+0.183%$47K10xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.334+0.144%$517K$31.0M8.1xas long as short
Pacifica XAG+0.0100%1h65.308+0.104%$467K$624K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330+0.138%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.290+0.077%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.363+0.188%$385K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.320+0.123%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0129%1h65.320+0.122%$1.2M$5.4M10xas long as short
Lighter XAG+0.0144%1h65.368+0.196%$5.4M$11.4M25xas long as short
Bitget XAGUSDT+0.0174%4h65.350+0.169%$23.8M$46.4M100xas long as short
Bullet SILVER-USD+0.0179%1h65.365+0.192%$44K$76K10xas long as short
OKX XAG-USDT-SWAP+0.0183%8h65.360+0.184%$28.0M$70.7M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.350+0.169%$65K$379K20xas long as short
Aftermath Perps XAGUSD+0.0222%1h65.331+0.140%$79K$37K10xas long as short
BloFin XAG-USDT+0.0242%4h65.340+0.153%$2.6M$611K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0273% / S −0.0241%1h65.365+0.192%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.335+0.146%$915K$746K25xas long as short