Funding you earn now, next payment 23:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.066%
Price spread now: Nado against Ondo Perps+0.042%7-day average +0.136% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.062%+$6 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now +0.042%, 7d avg +0.136%
=Together, before fees+0.153%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.094% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.136%). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 66.120 | 0.0050 | pay 0.0006% / 1h | 46m 18s | $5.6M | $9.9M | 25x |
| Short | Nado XAG-PERP | 66.148 | 0.0156 | get 0.0019% / 1h | 46m 18s | $1.3M | $6.5M | 10x |
Ondo Perps XAG-USD.P
Nado XAG-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $22.17
- Price spread: +0.042% → +0.136%
- −$9.43
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $0.74
- Costs to cover
- 0.120%
- Break-even
- 6.8 days
Slippage unknown: Ondo Perps: no order-book sample; Nado: live order book, 3 min ago. 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 Nado live order book, 3 min ago | 0.08 bp | 4.2 bp −$4 | 8.9 bp −$89 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0272% | 1h | 66.175 | +0.084% | $777K | $586K | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0072% | 1h | 66.161 | +0.062% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.121 | +0.002% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.210 | +0.136% | $25.5M | $34.1M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.204 | +0.127% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.190 | +0.106% | $146.4M | $171.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.210 | +0.136% | $2K | $3.2M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.250 | +0.197% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.210 | +0.136% | $1.5M | $247K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.137 | +0.026% | $120K | — | 10x | as long as short |
Kraken Futures PF_XAGUSD
Hotstuff SILVER-PERP
dYdX XAG-USD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAGUSDT | +0.0004% | 4h | 66.210 | +0.136% | $23.7M | $48.6M | 100x | as long as short |
| Aster XAGUSDT | +0.0006% | 4h | 66.198 | +0.117% | $2.8M | $1.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0008% | 4h | 66.209 | +0.135% | $395K | $1.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.190 | +0.106% | $144K | $2.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0029% | 4h | 66.180 | +0.091% | $2.5M | $1.0M | 100x | as long as short |
| Variational Omni XAG | +0.0031% | 4h | 66.189 | +0.105% | $5.4M | $10.7M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.172 | +0.079% | $4.5M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.138 | +0.028% | $5.5M | $14.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.423% | $11K | $94K | 52x | as long as short |
| MEXC SILVER_USDT | +0.0040% | 4h | 66.200 | +0.121% | $116.8M | $181.1M | 1000x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.150 | +0.045% | $792K | $2.8M | 40x | as long as short |
| Binance XAGUSDT | +0.0042% | 4h | 66.210 | +0.136% | $189.2M | $759.5M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.638 | +0.783% | — | — | 25x | as long as short |
| Lighter XAG | +0.0048% | 1h | 66.180 | +0.091% | $5.2M | $10.7M | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.157 | +0.056% | $164.0M | $91.7M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.166 | +0.070% | $3.9M | $715K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.138 | +0.027% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.Plong | +0.0050% | 1h | 66.120 | long leg | $5.6M | $9.9M | 25x | |
| Kalshi KXSILVERPERP | +0.0054% | 24h | 66.155 | +0.053% | $589K | $21.6M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0056% | 1h | 66.198 | +0.117% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0056% | 4h | 66.191 | +0.107% | $671K | $315K | 30x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.148 | +0.042% | $56K | $26K | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0078% | 1h | 66.162 | +0.064% | $80K | $40K | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.0091% | 8h | 66.185 | +0.098% | $30K | $1K | 5x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.151 | +0.047% | $474K | $641K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.160 | +0.060% | $24.3M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.150 | +0.045% | $113K | $51K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.180 | +0.091% | $1.9M | $888K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0141% | 8h | 66.210 | +0.136% | $27.2M | $67.5M | 50x | as long as short |
| Nado XAG-PERPshort | +0.0156% | 1h | 66.148 | +0.042% | $1.3M | $6.5M | 10x | |
| Bullet SILVER-USD | +0.0184% | 1h | 66.209 | +0.135% | $44K | $74K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0360% / S −0.0369% | 1h | 66.205 | +0.129% | $103K | — | 29x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0808% | 1h | 66.220 | +0.151% | $60K | $354K | 20x | as long as short |
Bitget XAGUSDT
Aster XAGUSDT
GRVT XAG_USDT_Perp
QFEX SILVER-USD
BloFin XAG-USDT
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
MEXC SILVER_USDT
StandX XAG-USD
Binance XAGUSDT
Vest SI-PERP
Lighter XAG
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
Aevo XAG-PERP
edgeX XAGUSDC
Phoenix SILVER
Aftermath Perps XAGUSD
Paradex XAG-USD-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL