Funding you earn now, next payment 02:00 UTC−0.0013%/8h= −1.5% APRpaid last 24h −0.008%
Price spread now: OKX against Nado+0.113%49s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
Funding, last 3 days (all we have)−0.027%−$3 on $10k
+Price spread, last 7 days−0.095%−$10 · spread now +0.113%, 7d avg +0.029%
=Together, before fees−0.123%+ Points / potential airdropNado: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.085% dearer against Nado than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of +0.029%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 3 days (−0.027% in total) that is about 10 days. The two prices were read 49 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 | Nado XAG-PERP | 66.355 | 0.0223 | pay 0.0028% / 1h | 15m 39s | $1.3M | $6.5M | 10x |
| Short | OKX XAG-USDT-SWAP | 66.430 | 0.0210 | get 0.0210% / 8h | 6h 15m | $28.0M | $65.8M | 50x |
Nado XAG-PERP
OKX XAG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Nado. 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
- −$2.81
- Price spread: +0.113% → +0.029%
- $8.47
- Slippage, 4 orders
- −$3.6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$14.94
- Costs to cover
- 0.206%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; OKX: live order book, 3 min ago.
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 Nado live order book, 3 min ago | 0.08 bp | 4.1 bp −$4 | 7.6 bp −$76 | 27.4 bp −$2,742 | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.75 bp | 5.8 bp −$6 | 6.7 bp −$67 | 12.6 bp −$1,259 | 81.0 bp −$40.5K |
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 | 66.355 | +0.001% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.430 | +0.113% | $153.4M | $164.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.390 | +0.053% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.420 | +0.098% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.410 | +0.083% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.319 | −0.054% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.375 | +0.031% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.397 | +0.064% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.316 | −0.058% | $5.4M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.068% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
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 | +0.053% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.846 | +0.740% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.402 | +0.071% | $56K | $26K | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.300 | −0.083% | $5.7M | $9.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.378 | +0.035% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.286 | −0.104% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.380 | +0.038% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0062% | 24h | 66.371 | +0.024% | $541K | $23.7M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.423 | +0.103% | $1.2M | $4.4M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0099% | 1h | 66.377 | +0.034% | $166.0M | $76.1M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.366 | +0.017% | $472K | $606K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.370 | +0.023% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.380 | +0.038% | $126K | $23K | 50x | as long as short |
| Aster XAGUSDT | +0.0133% | 4h | 66.362 | +0.012% | $2.7M | $939K | 100x | as long as short |
| Bybit XAGUSDT | +0.0134% | 4h | 66.430 | +0.113% | $26.6M | $36.4M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0136% | 8h | 66.410 | +0.083% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0166% | 4h | 66.373 | +0.027% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.350 | −0.007% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0178% | 4h | 66.420 | +0.098% | $102.8M | $158.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0180% | 4h | 66.420 | +0.098% | $192.4M | $706.7M | 100x | as long as short |
| edgeX XAGUSDC | +0.0184% | 4h | 66.421 | +0.100% | $674K | $315K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.410 | +0.083% | $1.9M | $971K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.406 | +0.078% | $5.3M | $10.6M | 25x | as long as short |
| OKX XAG-USDT-SWAPshort | +0.0210% | 8h | 66.430 | +0.113% | $28.0M | $65.8M | 50x | |
| Nado XAG-PERPlong | +0.0223% | 1h | 66.355 | long leg | $1.3M | $6.5M | 10x | |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.365 | +0.015% | $20K | $22K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0233% | 1h | 66.381 | +0.040% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0248% | 4h | 66.430 | +0.113% | $23.9M | $46.0M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0266% | 4h | 66.450 | +0.144% | $395K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0287% | 1h | 66.408 | +0.080% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.405 | +0.076% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.340 | −0.022% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.351 | −0.006% | $765K | $478K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Ondo Perps XAG-USD.P
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Lighter XAG
Hibachi XAG/USDT-P
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD