Funding you earn now, next payment 02:00 UTC+0.0175%/8h= +19.2% APRnext payment +$0.22 per $10,000 · paid last 24h +0.065%
Price spread now: Coinbase International against Ondo Perps+0.287%7-day average +0.157% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.287%, 7d avg +0.157%
=Together, before fees+0.160%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.130% dearer against Ondo Perps than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 66.160 | 0.0017 | pay 0.0002% / 1h | 50m 26s | $5.7M | $9.7M | 25x |
| Short | Coinbase International SILVER-PERP-INTX | 66.350 | 0.0192 | get 0.0024% / 1h | 50m 26s | $1.9M | $972K | 20x |
Ondo Perps XAG-USD.P
Coinbase International SILVER-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $36.79
- Price spread: +0.287% → +0.157%
- $13.02
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $34.81
- Costs to cover
- 0.150%
- Break-even
- 0.4 days
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: 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 Coinbase International live order book, 3 min ago | 0.75 bp | 6.1 bp −$6 | 8.0 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.178 | +0.027% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.270 | +0.166% | $151.7M | $161.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.220 | +0.091% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.280 | +0.181% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.290 | +0.196% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.180 | +0.031% | $121K | — | 250x | as long as short |
| Ondo Perps XAG-USD.Plong | +0.0017% | 1h | 66.160 | long leg | $5.7M | $9.7M | 25x | |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.228 | +0.103% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.246 | +0.130% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.198 | +0.057% | $5.3M | $12.1M | 10x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
Lighter RH XAG
Extended XAG-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.363% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.230 | +0.106% | $797K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.693 | +0.806% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.218 | +0.088% | $3.9M | $673K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.188 | +0.042% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.250 | +0.136% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0063% | 24h | 66.249 | +0.135% | $547K | $24.5M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.303 | +0.216% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0093% | 1h | 66.215 | +0.083% | $165.8M | $74.7M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.206 | +0.070% | $471K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.230 | +0.106% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.330 | +0.257% | $113K | $30K | 50x | as long as short |
| Paradex XAG-USD-PERP | +0.0137% | 8h | 66.255 | +0.144% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 66.240 | +0.121% | $2.7M | $917K | 100x | as long as short |
| Bybit XAGUSDT | +0.0141% | 4h | 66.270 | +0.166% | $26.7M | $36.2M | 150x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.244 | +0.127% | $48K | — | 10x | as long as short |
| Lighter XAG | +0.0176% | 1h | 66.255 | +0.143% | $5.3M | $10.4M | 25x | as long as short |
| Variational Omni XAG | +0.0176% | 4h | 66.242 | +0.124% | $5.5M | $9.7M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.267 | +0.162% | $1.2M | $4.4M | 20x | as long as short |
| Binance XAGUSDT | +0.0191% | 4h | 66.255 | +0.144% | $191.9M | $705.9M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0192% | 4h | 66.240 | +0.121% | $110.5M | $151.8M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0192% | 1h | 66.350 | +0.287% | $1.9M | $972K | 20x | |
| edgeX XAGUSDC | +0.0201% | 4h | 66.366 | +0.312% | $673K | $314K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.260 | +0.151% | $27.8M | $65.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0233% | 1h | 66.281 | +0.183% | $80K | $38K | 10x | as long as short |
| Nado XAG-PERP | +0.0238% | 1h | 66.215 | +0.082% | $1.3M | $6.6M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0248% | 1h | 66.199 | +0.059% | $20K | $22K | 10x | as long as short |
| Bitget XAGUSDT | +0.0254% | 4h | 66.260 | +0.151% | $23.9M | $46.1M | 100x | as long as short |
| Bullet SILVER-USD | +0.0266% | 1h | 66.264 | +0.157% | $46K | $75K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0282% | 4h | 66.380 | +0.332% | $393K | $1.5M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0330% / S −0.0341% | 1h | 66.255 | +0.144% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.240 | +0.121% | $50K | $326K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0550% | 1h | 66.198 | +0.057% | $763K | $475K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Aevo XAG-PERP
Lighter XAG
Variational Omni XAG
RISEx XAG/USDC
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Nado XAG-PERP
Hibachi XAG/USDT-P
Bitget XAGUSDT
Bullet SILVER-USD
GRVT XAG_USDT_Perp
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD