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−0.0050%/8h= −5.5% APRpaid last 24h +0.010%
Price spread now: SunX against Ondo Perps+0.121%7-day average +0.200% · 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+0.018%+$2 on $10k
Price spread, last 3 days (all we have)+0.088%+$9 · spread now +0.121%, 7d avg +0.200%
Together, before fees+0.106%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.080% cheaper against Ondo Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.200%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAG-USD.P66.2800.0050pay 0.0006% / 1h37m 24s$5.7M$9.5M25x
ShortSunX XAG-USDT66.3600get 0.0000% / 4h2h 37m$2K$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.58
Price spread: +0.121% → +0.200%
−$7.96
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$31.54
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago29.29 bp33.3 bp −$33doesn't fitdoesn'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
dYdX XAG-USD0.0000%1h66.294+0.022%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.340+0.091%$153.3M$162.2M100xas long as short
SunX XAG-USDTshort0.0000%4h66.360+0.121%$2K$2.8M20x
HTX XAG-USDT0.0000%4h66.550+0.407%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.400+0.181%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.278−0.002%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.366+0.129%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.310+0.046%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.181%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.420+0.211%$799K$2.9M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.810+0.800%25xas long as short
Phoenix SILVER+0.0048%1h66.413+0.201%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.314+0.051%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.303+0.035%$3K$6K20xas long as short
Ondo Perps XAG-USD.Plong+0.0050%1h66.280long leg$5.7M$9.5M25x
QFEX SILVER-USD+0.0054%1h66.360+0.121%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.361+0.122%$577K$23.1M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.375+0.143%$1.2M$4.3M20xas long as short
Bybit XAGUSDT+0.0080%4h66.360+0.121%$26.4M$35.9M150xas long as short
tradeXYZ xyz:SILVER+0.0094%1h66.307+0.041%$165.5M$76.0M25xas long as short
Pacifica XAG+0.0100%1h66.328+0.072%$472K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.320+0.060%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.470+0.287%$126K$23K50xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.438%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0118%4h66.360+0.121%$2.7M$967K100xas long as short
Paradex XAG-USD-PERP+0.0123%8h66.372+0.139%$30K$1K5xas long as short
Variational Omni XAG+0.0129%4h66.505+0.339%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0144%1h66.333+0.080%$48K10xas long as short
MEXC SILVER_USDT+0.0152%4h66.340+0.091%$102.1M$158.1M1000xas long as short
Binance XAGUSDT+0.0153%4h66.340+0.091%$192.5M$708.1M100xas long as short
Lighter XAG+0.0160%1h66.377+0.146%$5.3M$10.5M25xas long as short
edgeX XAGUSDC+0.0166%4h66.514+0.352%$675K$314K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.520+0.362%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0197%8h66.360+0.121%$27.9M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0221%1h66.427+0.222%$80K$38K10xas long as short
Hotstuff SILVER-PERP+0.0224%1h66.368+0.133%$35K$21K20xas long as short
Bitget XAGUSDT+0.0226%4h66.340+0.091%$24.2M$46.1M100xas long as short
Nado XAG-PERP+0.0229%1h66.324+0.067%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0242%4h66.526+0.370%$391K$1.5M25xas long as short
Hibachi XAG/USDT-P+0.0272%1h66.473+0.291%$20K$22K10xas long as short
Bullet SILVER-USD+0.0278%1h66.353+0.110%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.345+0.098%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.350+0.106%$50K$325K20xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.346+0.099%$765K$472K25xas long as short