Funding you earn now, next payment 01:00 UTC+0.0302%/8h= +33.0% APRnext payment +$0.38 per $10,000 · paid last 24h +0.097%
Price spread now: Deribit against Ondo Perps+0.181%7-day average +0.182% · you sell dearer than you buy
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)+0.012%+$1 · spread now +0.181%, 7d avg +0.182%
=Together, before fees+0.138%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.182%, so right now this pair is about funding alone: +$9 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 | 66.350 | 0.0050 | pay 0.0006% / 1h | 23m 25s | $5.7M | $9.6M | 25x |
| Short | Deribit SILVER_USDC-PERPETUAL | 66.470 | 0.0352 | get 0.0044% / 1h | 23m 25s | $50K | $336K | 20x |
Ondo Perps XAG-USD.P
Deribit SILVER_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $63.37
- Price spread: +0.181% → +0.182%
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $51.24
- Costs to cover
- 0.120%
- Break-even
- 1.3 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 50 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 Deribit live order book, 50 min ago | 0.75 bp | 4.3 bp −$4 | 5.9 bp −$59 | 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 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 | 66.422 | +0.108% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.500 | +0.226% | $25.7M | $35.6M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.480 | +0.196% | $154.8M | $168.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.480 | +0.196% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.510 | +0.241% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.510 | +0.241% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.450 | +0.150% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.432 | +0.124% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.398 | +0.073% | $5.4M | $12.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.075% | $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 | 66.520 | +0.256% | $800K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.918 | +0.856% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.473 | +0.185% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.453 | +0.155% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.404 | +0.081% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.Plong | +0.0050% | 1h | 66.350 | long leg | $5.7M | $9.6M | 25x | |
| QFEX SILVER-USD | +0.0051% | 1h | 66.460 | +0.166% | $115K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0053% | 1h | 66.479 | +0.194% | $165.4M | $84.8M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.443 | +0.140% | $561K | $21.5M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.419 | +0.104% | $35K | $21K | 20x | as long as short |
| BloFin XAG-USDT | +0.0081% | 4h | 66.550 | +0.301% | $2.6M | $706K | 100x | as long as short |
| Aster XAGUSDT | +0.0085% | 4h | 66.456 | +0.159% | $2.8M | $1.1M | 100x | as long as short |
| Variational Omni XAG | +0.0089% | 4h | 66.514 | +0.247% | $5.6M | $9.9M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0098% | 8h | 66.445 | +0.144% | $30K | $1K | 5x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.407 | +0.086% | $474K | $623K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.430 | +0.121% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.480 | +0.196% | $126K | $24K | 50x | as long as short |
| Binance XAGUSDT | +0.0100% | 4h | 66.475 | +0.188% | $192.4M | $722.4M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0102% | 4h | 66.490 | +0.211% | $108.6M | $160.3M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.469 | +0.180% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0112% | 4h | 66.508 | +0.239% | $675K | $314K | 30x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.440 | +0.136% | $5.4M | $10.5M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0138% | 4h | 66.523 | +0.260% | $391K | $1.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.464 | +0.172% | $1.2M | $4.2M | 20x | as long as short |
| Nado XAG-PERP | +0.0169% | 1h | 66.416 | +0.099% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0172% | 4h | 66.490 | +0.211% | $24.5M | $47.9M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.580 | +0.347% | $1.9M | $929K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0191% | 8h | 66.490 | +0.211% | $27.9M | $67.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 66.468 | +0.178% | $80K | $39K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.480 | +0.196% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0227% | 1h | 66.517 | +0.252% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.485 | +0.203% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUALshort | +0.0352% | 1h | 66.470 | +0.181% | $50K | $336K | 20x | |
| Kraken Futures PF_XAGUSD | +0.0489% | 1h | 66.451 | +0.153% | $764K | $565K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Hotstuff SILVER-PERP
BloFin XAG-USDT
Aster XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
Lighter XAG
GRVT XAG_USDT_Perp
RISEx XAG/USDC
Nado XAG-PERP
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD