Funding you earn now, next payment 03:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h −0.029%
Price spread now: Ondo Perps against Bybit−0.151%47s7-day average −0.182% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days−0.239%−$24 · spread now −0.151%, 7d avg −0.182%
=Together, before fees−0.298%+ Points / potential airdropOndo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.032% dearer against Bybit than usual: you sell high and buy low (spread −0.151% now, against its 7-day average of −0.182%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.059% in total) that is about 3.7 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAGUSDT | 66.360 | 0.0148 | pay 0.0074% / 4h | 1h 52m | $26.7M | $36.2M | 150x |
| Short | Ondo Perps XAG-USD.P | 66.260 | 0.0034 | get 0.0004% / 1h | 52m 48s | $5.7M | $9.7M | 25x |
Bybit XAGUSDT
Ondo Perps XAG-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.96
- Price spread: −0.151% → −0.182%
- $3.18
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$36.78
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 0.75 bp | 6.3 bp −$6 | 8.9 bp −$89 | 15.4 bp −$1,541 | 55.7 bp −$27.9K |
| 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 43 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.294 | −0.100% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.360 | 0.000% | $152.3M | $161.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.380 | +0.030% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.410 | +0.075% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.380 | +0.030% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.305 | −0.083% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.353 | −0.011% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.306 | −0.081% | $5.3M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.060% | $11K | $94K | 52x | as long as short |
| Ondo Perps XAG-USD.Pshort | +0.0034% | 1h | 66.260 | −0.151% | $5.7M | $9.7M | 25x |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.390 | +0.045% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.808 | +0.675% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.341 | −0.029% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.304 | −0.084% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.360 | 0.000% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0063% | 24h | 66.324 | −0.054% | $544K | $24.5M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.303 | −0.086% | $56K | $26K | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.316 | −0.066% | $472K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.330 | −0.045% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.330 | −0.045% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0100% | 1h | 66.293 | −0.101% | $165.9M | $74.7M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0140% | 8h | 66.368 | +0.012% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0143% | 4h | 66.350 | −0.015% | $2.7M | $925K | 100x | as long as short |
| Bybit XAGUSDTlong | +0.0148% | 4h | 66.360 | long leg | $26.7M | $36.2M | 150x | |
| Lighter XAG | +0.0160% | 1h | 66.322 | −0.058% | $5.3M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.373 | +0.020% | $48K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.354 | −0.009% | $5.5M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.381 | +0.031% | $1.2M | $4.4M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0192% | 4h | 66.360 | 0.000% | $111.6M | $151.6M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.350 | −0.015% | $1.9M | $972K | 20x | as long as short |
| Binance XAGUSDT | +0.0193% | 4h | 66.340 | −0.030% | $192.2M | $706.7M | 100x | as long as short |
| edgeX XAGUSDC | +0.0212% | 4h | 66.351 | −0.014% | $673K | $314K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.350 | −0.015% | $27.9M | $65.7M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0232% | 1h | 66.341 | −0.029% | $80K | $38K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0240% | 1h | 66.320 | −0.060% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0241% | 1h | 66.323 | −0.055% | $1.3M | $6.6M | 10x | as long as short |
| Bitget XAGUSDT | +0.0256% | 4h | 66.350 | −0.015% | $23.9M | $46.1M | 100x | as long as short |
| Bullet SILVER-USD | +0.0280% | 1h | 66.387 | +0.041% | $46K | $75K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0282% | 4h | 66.410 | +0.075% | $399K | $1.5M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0330% / S −0.0340% | 1h | 66.375 | +0.023% | $103K | — | 111x | as long as short |
| Hotstuff SILVER-PERP | +0.0344% | 1h | 66.376 | +0.024% | $35K | $21K | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.350 | −0.015% | $50K | $326K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0549% | 1h | 66.333 | −0.040% | $765K | $475K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERP
Aster XAGUSDT
Lighter XAG
Aevo XAG-PERP
Variational Omni XAG
RISEx XAG/USDC
MEXC SILVER_USDT
Coinbase International SILVER-PERP-INTX
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Hibachi XAG/USDT-P
Nado XAG-PERP
Bitget XAGUSDT
Bullet SILVER-USD
GRVT XAG_USDT_Perp
GMX SILVER/USD [ETH-USDC]
Hotstuff SILVER-PERP
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD