Funding you earn now, next payment 06:00 UTC−0.0061%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h −0.017%
Price spread now: Ondo Perps against Injective−1.687%101s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 1.687% cheaper against Injective than usual: you would sell low and buy high (−$169 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 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 | Injective XAG/USDC PERP | 66.400 | 0.0033 | pay 0.0004% / 1h | 27m 35s | $11K | $94K | 52x |
| Short | Ondo Perps XAG-USD.P | 65.280 | −0.0027 | pay 0.0003% / 1h | 27m 35s | $5.6M | $9.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Injective. 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
- −$12.71
- Price spread: −1.687% → 0.000%
- −$168.67
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$186.41
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Injective and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.Pshort | −0.0027% | 1h | 65.280 | −1.687% | $5.6M | $9.4M | 25x | |
| dYdX XAG-USD | 0.0000% | 1h | 65.334 | −1.605% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.350 | −1.581% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.500 | −1.355% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.400 | −1.506% | $1.5M | $266K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.290 | −1.671% | $118K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.390 | −1.521% | $1.3M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.336 | −1.602% | $4.7M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.300 | −1.657% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.675 | −1.092% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0038% | 4h | 65.370 | −1.551% | $143.3M | $169.7M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.710 | −1.039% | $790K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.836 | −0.849% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.334 | −1.605% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.285 | −1.679% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.390 | −1.521% | $154K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.327 | −1.616% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.342 | −1.593% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0061% | 1h | 65.322 | −1.623% | $165.9M | $78.6M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 65.359 | −1.568% | $530K | $28.0M | 8.1x | as long as short |
| Bybit XAGUSDT | +0.0084% | 4h | 65.410 | −1.491% | $28.2M | $39.0M | 150x | as long as short |
| Aster XAGUSDT | +0.0093% | 4h | 65.389 | −1.523% | $2.7M | $937K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.298 | −1.660% | $465K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.320 | −1.627% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.390 | −1.521% | $112K | $30K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.353 | −1.577% | $5.3M | $11.1M | 25x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.345 | −1.589% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0137% | 4h | 65.665 | −1.107% | $5.6M | $9.5M | — | as long as short |
| MEXC SILVER_USDT | +0.0142% | 4h | 65.360 | −1.566% | $112.1M | $157.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0142% | 4h | 65.360 | −1.566% | $189.9M | $727.4M | 100x | as long as short |
| edgeX XAGUSDC | +0.0155% | 4h | 65.701 | −1.053% | $668K | $311K | 30x | as long as short |
| Nado XAG-PERP | +0.0156% | 1h | 65.331 | −1.611% | $1.3M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.430 | −1.461% | $1.7M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 65.406 | −1.497% | $386K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0208% | 4h | 65.380 | −1.536% | $23.4M | $47.7M | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.330 | −1.611% | $66K | $373K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 65.400 | −1.506% | $27.4M | $69.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0218% | 1h | 65.675 | −1.092% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0226% | 1h | 65.359 | −1.568% | $43K | $76K | 10x | as long as short |
| BloFin XAG-USDT | +0.0292% | 4h | 65.480 | −1.386% | $2.6M | $611K | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0352% | 1h | 65.534 | −1.305% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0355% / S −0.0317% | 1h | 65.355 | −1.574% | $86K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0472% | 1h | 65.310 | −1.642% | $913K | $750K | 25x | as long as short |
Injective XAG/USDC PERP
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Bybit XAGUSDT
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Deribit SILVER_USDC-PERPETUAL
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD