Funding you earn now, next payment 06:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.017%
Price spread now: Ondo Perps against Lighter RH−0.169%7-day average −0.114% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days+0.198%+$20 · spread now −0.169%, 7d avg −0.114%
=Together, before fees+0.118%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$12 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 0.056% cheaper against Lighter RH than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.114%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAG | 65.671 | 0.0032 | pay 0.0004% / 1h | 10m 02s | $4.7M | $9.6M | 25x |
| Short | Ondo Perps XAG-USD.P | 65.560 | 0.0001 | get 0.0000% / 1h | 10m 02s | $5.6M | $9.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter RH. 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
- −$6.55
- Price spread: −0.169% → −0.114%
- −$5.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$17.11
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 4 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 Lighter RH live order book, 4 min ago | 1.05 bp | 1.4 bp −$1 | 3.6 bp −$36 | 22.3 bp −$2,234 | 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 | 65.576 | −0.145% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.690 | +0.029% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.710 | +0.059% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.690 | +0.029% | $1.5M | $280K | 100x | as long as short |
| Ondo Perps XAG-USD.Pshort | +0.0001% | 1h | 65.560 | −0.169% | $5.6M | $9.7M | 25x | |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.616 | −0.084% | $119K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.662 | −0.014% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAGlong | +0.0032% | 1h | 65.671 | long leg | $4.7M | $9.6M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 65.619 | −0.079% | $5.1M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.110% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.418 | −0.386% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0040% | 4h | 65.710 | +0.059% | $145.1M | $179.9M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | −0.154% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.068 | +0.604% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.627 | −0.067% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.636 | −0.054% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.630 | −0.063% | $157K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.607 | −0.098% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0064% | 8h | 65.616 | −0.085% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.640 | −0.048% | $450K | $28.9M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0081% | 1h | 65.659 | −0.019% | $171.1M | $82.7M | 25x | as long as short |
| Aster XAGUSDT | +0.0088% | 4h | 65.680 | +0.013% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.585 | −0.131% | $468K | $626K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.650 | −0.032% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.400 | −0.413% | $112K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0125% | 4h | 65.710 | +0.059% | $28.9M | $38.9M | 150x | as long as short |
| Variational Omni XAG | +0.0127% | 4h | 65.584 | −0.134% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.691 | +0.030% | $5.3M | $11.2M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0136% | 1h | 65.476 | −0.298% | $20K | $19K | 10x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.678 | +0.010% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0138% | 4h | 65.690 | +0.029% | $189.4M | $744.7M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0138% | 4h | 65.690 | +0.029% | $123.6M | $161.5M | 1000x | as long as short |
| Nado XAG-PERP | +0.0155% | 1h | 65.582 | −0.135% | $1.3M | $5.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0158% | 4h | 65.443 | −0.348% | $666K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.530 | −0.215% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0204% | 4h | 65.430 | −0.367% | $397K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.680 | +0.013% | $66K | $368K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.471 | −0.305% | $79K | $37K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 65.690 | +0.029% | $27.9M | $70.2M | 50x | as long as short |
| Bitget XAGUSDT | +0.0216% | 4h | 65.700 | +0.044% | $23.8M | $46.2M | 100x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 65.681 | +0.015% | $43K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.675 | +0.006% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0379% | 4h | 65.610 | −0.093% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.657 | −0.021% | $916K | $735K | 25x | as long as short |
Lighter RH XAG
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Extended XAG-USD
Injective XAG/USDC PERP
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Variational Omni XAG
Lighter XAG
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD