Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.008%
Price spread now: Ondo Perps against Kalshi−0.088%7-day average −0.057% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.088%, 7d avg −0.057%
=Together, before fees−0.039%+ Points / potential airdropOndo Perps: Active · farm board−$4 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 Ondo Perps is 0.031% cheaper against Kalshi than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSILVERPERP | 66.118 | 0.0069 | pay 0.0206% / 24h | 10h 32m | $521K | $25.5M | 8.1x |
| Short | Ondo Perps XAG-USD.P | 66.060 | 0.0050 | get 0.0006% / 1h | 32m 38s | $5.7M | $9.6M | 25x |
Kalshi KXSILVERPERP
Ondo Perps XAG-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Kalshi. 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
- −$3.85
- Price spread: −0.088% → −0.057%
- −$3.06
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.91
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kalshi: live order book, 1 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 Kalshi live order book, 1 min ago | 0.15 bp | 6.7 bp −$7 | 7.4 bp −$74 | 10.7 bp −$1,073 | 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 | 66.081 | −0.055% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.190 | +0.109% | $150.2M | $163.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.160 | +0.064% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.160 | +0.064% | $1.0M | $971K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.150 | +0.048% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.074 | −0.066% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.154 | +0.054% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.097 | −0.031% | $5.2M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.427% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.120 | +0.003% | $795K | $3.0M | 40x | as long as short |
dYdX XAG-USD
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-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.573 | +0.688% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.114 | −0.006% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.115 | −0.005% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.068 | −0.076% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.Pshort | +0.0050% | 1h | 66.060 | −0.088% | $5.7M | $9.6M | 25x | |
| QFEX SILVER-USD | +0.0054% | 1h | 66.140 | +0.033% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.080 | −0.057% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERPlong | +0.0069% | 24h | 66.118 | long leg | $521K | $25.5M | 8.1x | |
| Pacifica XAG | +0.0100% | 1h | 66.118 | 0.000% | $470K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.120 | +0.003% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.050 | −0.103% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0134% | 1h | 66.116 | −0.003% | $165.5M | $74.0M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.165 | +0.071% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0146% | 4h | 66.146 | +0.042% | $2.7M | $876K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0152% | 8h | 66.157 | +0.059% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0165% | 4h | 66.200 | +0.124% | $27.0M | $36.1M | 150x | as long as short |
| Nado XAG-PERP | +0.0196% | 1h | 66.092 | −0.040% | $1.3M | $6.5M | 10x | as long as short |
| Lighter XAG | +0.0200% | 1h | 66.163 | +0.068% | $5.2M | $10.5M | 25x | as long as short |
| Aevo XAG-PERP | +0.0200% | 1h | 66.140 | +0.033% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | +0.018% | $1.8M | $999K | 20x | as long as short |
| BloFin XAG-USDT | +0.0205% | 4h | 66.160 | +0.064% | $2.6M | $554K | 100x | as long as short |
| Variational Omni XAG | +0.0210% | 4h | 66.123 | +0.008% | $5.6M | $9.7M | — | as long as short |
| MEXC SILVER_USDT | +0.0216% | 4h | 66.170 | +0.079% | $109.3M | $152.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0217% | 4h | 66.168 | +0.075% | $192.9M | $700.8M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0229% | 1h | 66.095 | −0.035% | $80K | $37K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0232% | 8h | 66.180 | +0.094% | $27.8M | $65.5M | 50x | as long as short |
| edgeX XAGUSDC | +0.0235% | 4h | 66.098 | −0.030% | $671K | $312K | 30x | as long as short |
| Bitget XAGUSDT | +0.0260% | 4h | 66.170 | +0.079% | $23.8M | $45.5M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0282% | 4h | 66.121 | +0.004% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0309% | 1h | 66.163 | +0.069% | $44K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.120 | +0.003% | $62K | $348K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0376% | 1h | 66.060 | −0.088% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0376% / S −0.0411% | 1h | 66.155 | +0.056% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.114 | −0.006% | $912K | $676K | 25x | as long as short |
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Phoenix SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
Nado XAG-PERP
Lighter XAG
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
BloFin XAG-USDT
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
edgeX XAGUSDC
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD