Funding you earn now, next payment 01:00 UTC−0.0299%/8h= −32.7% APRnext payment −$0.37 per $10,000 · paid last 24h −0.097%
Price spread now: Ondo Perps against Deribit−0.135%7-day average −0.182% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.126%−$13 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.135%, 7d avg −0.182%
=Together, before fees−0.184%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.047% dearer against Deribit than usual: you sell high and buy low (spread −0.135% now, against its 7-day average of −0.182%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 4 days (−0.126% in total) that is about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SILVER_USDC-PERPETUAL | 66.790 | 0.0349 | pay 0.0044% / 1h | 45m 54s | $51K | $344K | 20x |
| Short | Ondo Perps XAG-USD.P | 66.700 | 0.0050 | get 0.0006% / 1h | 45m 54s | $5.7M | $9.8M | 25x |
Deribit SILVER_USDC-PERPETUAL
Ondo Perps XAG-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- −$62.76
- Price spread: −0.135% → −0.182%
- $4.73
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$70.03
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 28 min ago; 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 Deribit live order book, 28 min ago | 0.75 bp | 5.7 bp −$6 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.743 | −0.070% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.800 | +0.015% | $26.1M | $35.3M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.790 | 0.000% | $155.6M | $166.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.800 | +0.015% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.810 | +0.030% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.790 | 0.000% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.735 | −0.082% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.772 | −0.027% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.736 | −0.081% | $5.4M | $13.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.584% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
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 PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.780 | −0.015% | $804K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 67.241 | +0.675% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.747 | −0.064% | $57K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.753 | −0.055% | $166.1M | $86.2M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.755 | −0.052% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.739 | −0.076% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.Pshort | +0.0050% | 1h | 66.700 | −0.135% | $5.7M | $9.8M | 25x | |
| QFEX SILVER-USD | +0.0051% | 1h | 66.770 | −0.030% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.747 | −0.064% | $573K | $21.9M | 8.1x | as long as short |
| BloFin XAG-USDT | +0.0060% | 4h | 66.810 | +0.030% | $2.6M | $692K | 100x | as long as short |
| Lighter XAG | +0.0072% | 1h | 66.784 | −0.010% | $5.4M | $10.4M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0080% | 1h | 66.796 | +0.009% | $36K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0087% | 8h | 66.787 | −0.004% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0092% | 4h | 66.785 | −0.008% | $5.6M | $9.9M | — | as long as short |
| Aster XAGUSDT | +0.0098% | 4h | 66.798 | +0.012% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.757 | −0.049% | $476K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.760 | −0.045% | $24.7M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.770 | −0.030% | $127K | $26K | 50x | as long as short |
| Binance XAGUSDT | +0.0103% | 4h | 66.792 | +0.003% | $191.9M | $725.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0104% | 4h | 66.790 | 0.000% | $108.6M | $157.0M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.783 | −0.011% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0114% | 4h | 66.841 | +0.077% | $678K | $315K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0118% | 4h | 66.810 | +0.030% | $397K | $1.5M | 25x | as long as short |
| Nado XAG-PERP | +0.0135% | 1h | 66.748 | −0.063% | $1.3M | $6.5M | 10x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.807 | +0.025% | $1.3M | $4.2M | 20x | as long as short |
| Bitget XAGUSDT | +0.0164% | 4h | 66.790 | 0.000% | $24.8M | $48.7M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0175% | 1h | 66.776 | −0.021% | $80K | $40K | 10x | as long as short |
| Bullet SILVER-USD | +0.0183% | 1h | 66.794 | +0.006% | $45K | $75K | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.780 | −0.015% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 66.790 | 0.000% | $28.2M | $67.4M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.742 | −0.072% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.795 | +0.007% | $104K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUALlong | +0.0349% | 1h | 66.790 | long leg | $51K | $344K | 20x | |
| Kraken Futures PF_XAGUSD | +0.0487% | 1h | 66.761 | −0.044% | $766K | $589K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
BloFin XAG-USDT
Lighter XAG
Hotstuff SILVER-PERP
Paradex XAG-USD-PERP
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
GRVT XAG_USDT_Perp
Nado XAG-PERP
RISEx XAG/USDC
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD