XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.023%

Price spread now: Polymarket Perps against Ondo Perps+0.088%7-day average +0.072% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 7 days+0.216%+$22 · spread now +0.088%, 7d avg +0.072%

Together, before fees+0.330%+ Points / potential airdropOndo Perps: Active · farm board+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

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	49m 55s	$5.7M	$9.7M	25x
Short	Polymarket Perps SILVER-USD	66.218	0.0050	get 0.0006% / 1h	49m 55s	$3.9M	$673K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee Polymarket PerpsbpOrdersPrice spread, now +0.088%Rate

Funding earned: $6.97
Price spread: +0.088% → +0.072%: $1.55
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$4.48
Costs to cover: 0.130%
Break-even: 11.5 days

Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago	1.21 bp	5.8 bp −$6	5.8 bp −$58	7.3 bp −$735	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	66.250	+0.136%	$151.6M	$161.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.250	+0.136%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.260	+0.151%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.250	+0.136%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.184	+0.036%	$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	66.222	+0.094%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.169	+0.014%	$5.3M	$12.1M	10x	as long as short

Show 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-USDshort	+0.0050%	1h	66.218	+0.088%	$3.9M	$673K	20x
SoDEX SILVER-USD	+0.0050%	1h	66.171	+0.017%	$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	66.213	+0.080%	$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	+0.0092%	1h	66.200	+0.060%	$165.7M	$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	66.200	+0.060%	$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	66.235	+0.114%	$2.7M	$917K	100x	as long as short
Bybit XAGUSDT	+0.0141%	4h	66.250	+0.136%	$26.7M	$36.1M	150x	as long as short
Lighter XAG	+0.0168%	1h	66.223	+0.095%	$5.3M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.231	+0.107%	$48K	—	10x	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	66.240	+0.121%	$191.9M	$706.1M	100x	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.220	+0.091%	$110.5M	$151.8M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.350	+0.287%	$1.9M	$972K	20x	as long as short
edgeX XAGUSDC	+0.0201%	4h	66.366	+0.312%	$673K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0217%	8h	66.240	+0.121%	$27.8M	$65.6M	50x	as long as short
Aftermath Perps XAGUSD	+0.0233%	1h	66.266	+0.160%	$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	66.240	+0.121%	$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 +0.0331% / S −0.0342%	1h	66.255	+0.144%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.220	+0.091%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.208	+0.073%	$763K	$475K	25x	as long as short