Funding you earn now, next payment 11:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.002%
Price spread now: SunX against Ondo Perps+0.137%7-day average +0.199% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.137%, 7d avg +0.199%
=Together, before fees+0.075%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.062% cheaper against Ondo Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.199%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 65.580 | 0.0028 | pay 0.0003% / 1h | 27m 40s | $5.6M | $11.1M | 25x |
| Short | SunX XAG-USDT | 65.670 | 0 | get 0.0000% / 4h | 1h 27m | $2K | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$5.88
- Price spread: +0.137% → +0.199%
- −$6.18
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$25.06
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: 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 SunX live order book, 3 min ago | 29.70 bp | 33.7 bp −$34 | 63.0 bp −$630 | 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 44 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −3.2000% | 1h | 65.632 | +0.079% | $36K | $23K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.586 | +0.009% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.670 | +0.137% | $138.3M | $205.5M | 100x | as long as short |
| SunX XAG-USDTshort | 0.0000% | 4h | 65.670 | +0.137% | $2K | $2.4M | 20x | |
| HTX XAG-USDT | 0.0000% | 4h | 65.680 | +0.152% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.680 | +0.152% | $1.5M | $255K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.603 | +0.034% | $119K | — | 250x | as long as short |
| Ondo Perps XAG-USD.Plong | +0.0028% | 1h | 65.580 | long leg | $5.6M | $11.1M | 25x | |
| Lighter RH XAG | +0.0032% | 1h | 65.634 | +0.082% | $4.5M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.592 | +0.019% | $5.1M | $11.8M | 10x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.491% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.670 | +0.137% | $790K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.088 | +0.775% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.630 | +0.076% | $3.8M | $907K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.602 | +0.034% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.650 | +0.107% | $447K | $1.4M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 65.617 | +0.056% | $29K | — | 5x | as long as short |
| Variational Omni XAG | +0.0067% | 4h | 65.630 | +0.076% | $5.7M | $9.1M | — | as long as short |
| tradeXYZ xyz:SILVER | +0.0072% | 1h | 65.617 | +0.056% | $175.4M | $95.0M | 25x | as long as short |
| Bybit XAGUSDT | +0.0080% | 4h | 65.660 | +0.122% | $30.4M | $48.3M | 150x | as long as short |
| Aster XAGUSDT | +0.0088% | 4h | 65.640 | +0.091% | $2.7M | $1.2M | 100x | as long as short |
| Binance XAGUSDT | +0.0091% | 4h | 65.647 | +0.102% | $191.5M | $865.5M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0092% | 4h | 65.630 | +0.076% | $118.5M | $164.6M | 1000x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.587 | +0.011% | $464K | $559K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.610 | +0.046% | $25.4M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.580 | 0.000% | $112K | $19K | 50x | as long as short |
| Kalshi KXSILVERPERP | +0.0102% | 24h | 65.667 | +0.133% | $797K | $39.0M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.651 | +0.108% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.620 | +0.061% | $1.6M | $1.9M | 20x | as long as short |
| edgeX XAGUSDC | +0.0107% | 4h | 65.625 | +0.069% | $669K | $315K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0108% | 4h | 65.649 | +0.106% | $386K | $1.6M | 25x | as long as short |
| RISEx XAG/USDC | +0.0116% | 1h | 65.664 | +0.128% | $1.3M | $5.2M | 20x | as long as short |
| Phoenix SILVER | +0.0122% | 1h | 65.611 | +0.047% | $55K | $14K | 25x | as long as short |
| Lighter XAG | +0.0136% | 1h | 65.642 | +0.095% | $5.1M | $11.7M | 25x | as long as short |
| Nado XAG-PERP | +0.0137% | 1h | 65.622 | +0.064% | $1.2M | $3.5M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0197% | 8h | 65.640 | +0.091% | $28.1M | $85.8M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.640 | +0.091% | $77K | $414K | 20x | as long as short |
| Bullet SILVER-USD | +0.0216% | 1h | 65.674 | +0.143% | $45K | $73K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0221% | 1h | 65.633 | +0.081% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0228% | 4h | 65.660 | +0.122% | $23.2M | $53.0M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 65.617 | +0.056% | $21K | $12K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0274% / S −0.0243% | 1h | 65.685 | +0.160% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0333% | 4h | 65.670 | +0.137% | $2.7M | $764K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0547% | 1h | 65.643 | +0.096% | $1.0M | $952K | 25x | as long as short |
SunX XAG-USDT
Gate 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
Paradex XAG-USD-PERP
Variational Omni XAG
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Aster XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
GRVT XAG_USDT_Perp
RISEx XAG/USDC
Phoenix SILVER
Lighter XAG
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
Aftermath Perps XAGUSD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD