Spread before costs (cost unknown: a leg has no order-book sample)+0.165%
7d average+0.168%if it closes, per $10,000$16funding while held, a day+$2.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 65.860 | −0.0071 | get 0.0009% / 1h | 29m 08s | $6.1M | $8.4M | 25x |
| Short | Variational Omni XAG | 65.969 | 0.0026 | get 0.0013% / 4h | 2h 29m | $5.8M | $12.6M | — |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $16.49
- Funding while held
- $2.91
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $14.4
- Spread needed to break even
- 0.050%
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0097%
- Per $10,000 a day
- +$2.91
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.58 bp | doesn't fit | 2.6 bp −$26 | 6.4 bp −$635 | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.XAG on 43 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.Plong | 0.000% | −0.0071% | 1h | $6.1M | $8.4M | 25x | |
| SoDEX SILVER-USD | +0.041% | +0.0050% | 1h | $4K | $5K | 20x | as long as short |
| KuCoin XAGUSDTM | +0.046% | +0.0100% | 4h | $24.2M | $4.2M | 75x | as long as short |
| dYdX XAG-USD | +0.048% | 0.0000% | 1h | $14K | $997 | 5x | as long as short |
| gTrade (Gains Network) XAG/USD | +0.063% | L +0.0004% / S −0.0006% | 1h | $119K | — | 250x | as long as short |
| Extended XAG-USD | +0.069% | +0.0272% | 1h | $4.9M | $14.5M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.082% | +0.0088% | 1h | $20K | $21K | 10x | as long as short |
| Phoenix SILVER | +0.084% | 0.0000% | 1h | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.096% | +0.0050% | 1h | $159.9M | $94.7M | 25x | as long as short |
| Lighter RH XAG | +0.096% | +0.0032% | 1h | $4.6M | $9.2M | 25x | as long as short |
Show all 43 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXSILVERPERP | +0.106% | 0.0000% | 24h | $712K | $20.7M | 8.1x | as long as short |
| OKX XAG-USDT-SWAP | +0.106% | +0.0141% | 8h | $27.6M | $67.7M | 50x | as long as short |
| Gate XAG_USDT | +0.106% | 0.0000% | 4h | $132.6M | $193.8M | 100x | as long as short |
| MEXC SILVER_USDT | +0.106% | +0.0036% | 4h | $124.2M | $191.2M | 1000x | as long as short |
| Bitget XAGUSDT | +0.106% | +0.0208% | 4h | $23.2M | $49.7M | 100x | as long as short |
| ApeX Omni XAGUSDT | +0.106% | +0.0100% | 1h | $112K | $189K | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.106% | +0.0205% | 1h | $88K | $622K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.110% | +0.0289% | 1h | $779K | $647K | 25x | as long as short |
| Nado XAG-PERP | +0.111% | +0.0136% | 1h | $1.3M | $6.3M | 10x | as long as short |
| Lighter XAG | +0.111% | +0.0152% | 1h | $5.4M | $10.8M | 25x | as long as short |
| Pacifica XAG | +0.111% | +0.0100% | 1h | $474K | $719K | 10x | as long as short |
| Binance XAGUSDT | +0.114% | +0.0039% | 4h | $193.4M | $791.2M | 100x | as long as short |
| Bybit XAGUSDT | +0.121% | +0.0101% | 4h | $25.1M | $37.2M | 150x | as long as short |
| Polymarket Perps SILVER-USD | +0.125% | +0.0050% | 1h | $3.9M | $738K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.125% | +0.0163% | 1h | $79K | $40K | 10x | as long as short |
| Aster XAGUSDT | +0.137% | +0.0029% | 4h | $2.8M | $1.3M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | +0.144% | L +0.0245% / S −0.0210% | 1h | $100K | — | 111x | as long as short |
| edgeX XAGUSDC | +0.146% | +0.0048% | 4h | $667K | $320K | 30x | as long as short |
| Aevo XAG-PERP | +0.148% | +0.0048% | 1h | $47K | — | 10x | as long as short |
| SunX XAG-USDT | +0.152% | 0.0000% | 4h | $2K | $3.6M | 20x | as long as short |
| RISEx XAG/USDC | +0.154% | 0.0000% | 1h | $1.3M | $4.1M | 20x | as long as short |
| Variational Omni XAGshort | +0.165% | +0.0026% | 4h | $5.8M | $12.6M | — | |
| Coinbase International SILVER-PERP-INTX | +0.167% | +0.0192% | 1h | $1.9M | $1.2M | 20x | as long as short |
| Phemex XAGUSDT | +0.167% | 0.0000% | 4h | $1.5M | $251K | 100x | as long as short |
| Bullet SILVER-USD | +0.173% | +0.0178% | 1h | $44K | $77K | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.176% | +0.0071% | 8h | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.182% | +0.0045% | 1h | $141K | $2.7M | 20x | as long as short |
| StandX XAG-USD | +0.182% | +0.0040% | 1h | $699K | $2.4M | 40x | as long as short |
| BloFin XAG-USDT | +0.182% | +0.0098% | 4h | $2.6M | $1.6M | 100x | as long as short |
| HTX XAG-USDT | +0.228% | 0.0000% | 4h | $1.0M | $1.1M | 75x | as long as short |
| Injective XAG/USDC PERP | +0.820% | +0.0033% | 1h | $11K | $94K | 52x | as long as short |
| Vest SI-PERP | +0.846% | +0.0046% | 1h | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +1.086% | +0.0232% | 1h | $31K | $13K | 20x | as long as short |
Variational Omni XAG
SoDEX
KuCoin
gTrade (Gains Network)
Extended
Phoenix
tradeXYZ
Lighter RH
OKX
Gate
MEXC
Bitget
ApeX Omni
Deribit
Kraken Futures
Lighter
Pacifica
Binance
Bybit
Polymarket Perps
Aster
GMX
SunX
RISEx
Coinbase International
Phemex
Bullet
Paradex
StandX
BloFin
HTX
Injective