Funding you earn now, next payment 05:00 UTC+0.0391%/8h= +42.8% APRnext payment +$0.49 per $10,000 · paid last 24h +0.078%
Price spread now: Hibachi against Ondo Perps+0.115%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Hibachi is 0.115% dearer against Ondo Perps than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 | Ondo Perps XAG-USD.P | 65.850 | −0.0047 | get 0.0006% / 1h | 42m 36s | $5.7M | $9.3M | 25x |
| Short | Hibachi XAG/USDT-P | 65.926 | 0.0344 | get 0.0043% / 1h | 42m 36s | $20K | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $82.15
- Price spread: +0.115% → 0.000%
- $11.47
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $79.63
- Costs to cover
- 0.140%
- Break-even
- 0.2 days
Slippage unknown: Ondo Perps: no order-book sample; Hibachi: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Hibachi no order-book sample | — | — | — | — | — |
Ondo Perps and Hibachi: 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.Plong | −0.0047% | 1h | 65.850 | long leg | $5.7M | $9.3M | 25x | |
| dYdX XAG-USD | 0.0000% | 1h | 65.934 | +0.127% | $14K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.970 | +0.182% | $149.5M | $163.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.960 | +0.167% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.000 | +0.228% | $1.0M | $967K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.990 | +0.213% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.921 | +0.109% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.939 | +0.135% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.895 | +0.068% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.835% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 65.990 | +0.213% | $794K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.404 | +0.841% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.937 | +0.132% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.915 | +0.099% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.916 | +0.100% | $165.8M | $73.6M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.984 | +0.203% | $35K | $21K | 20x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 65.950 | +0.152% | $114K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0072% | 24h | 65.927 | +0.117% | $539K | $25.9M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.967 | +0.178% | $56K | $26K | 25x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 65.955 | +0.160% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.897 | +0.071% | $469K | $614K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.920 | +0.106% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.960 | +0.167% | $113K | $30K | 50x | as long as short |
| Lighter XAG | +0.0104% | 1h | 65.945 | +0.145% | $5.2M | $10.6M | 25x | as long as short |
| Bybit XAGUSDT | +0.0115% | 4h | 65.980 | +0.197% | $27.4M | $36.5M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0120% | 8h | 65.948 | +0.150% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 65.966 | +0.176% | $2.7M | $871K | 100x | as long as short |
| Nado XAG-PERP | +0.0175% | 1h | 65.918 | +0.103% | $1.4M | $6.1M | 10x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 65.968 | +0.179% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0195% | 4h | 66.003 | +0.233% | $5.6M | $9.4M | — | as long as short |
| BloFin XAG-USDT | +0.0196% | 4h | 66.000 | +0.228% | $2.6M | $556K | 100x | as long as short |
| Binance XAGUSDT | +0.0203% | 4h | 65.960 | +0.167% | $191.0M | $702.5M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0204% | 4h | 65.950 | +0.152% | $112.8M | $152.1M | 1000x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 65.960 | +0.167% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | +0.152% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0215% | 4h | 66.014 | +0.249% | $670K | $312K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.967 | +0.178% | $79K | $36K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0218% | 4h | 66.022 | +0.261% | $394K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0234% | 1h | 65.995 | +0.221% | $44K | $76K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0234% | 8h | 65.960 | +0.167% | $27.6M | $64.7M | 50x | as long as short |
| Bitget XAGUSDT | +0.0244% | 4h | 65.950 | +0.152% | $23.9M | $45.2M | 100x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0344% | 1h | 65.926 | +0.115% | $20K | $19K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 65.985 | +0.205% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 65.946 | +0.146% | $910K | $683K | 25x | as long as short |
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 PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Phoenix SILVER
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Variational Omni XAG
BloFin XAG-USDT
Binance XAGUSDT
MEXC SILVER_USDT
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD