Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.010%
Price spread now: Gate against Ondo Perps+0.214%7-day average +0.185% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now +0.214%, 7d avg +0.185%
=Together, before fees−0.102%+ Points / potential airdropOndo Perps: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.030% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.185%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 65.360 | −0.0024 | get 0.0003% / 1h | 24m 40s | $5.6M | $9.4M | 25x |
| Short | Gate XAG_USDT | 65.500 | 0.0044 | get 0.0022% / 4h | 2h 24m | $142.4M | $171.7M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $14.28
- Price spread: +0.214% → +0.185%
- $2.96
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2.76
- Costs to cover
- 0.200%
- Break-even
- 8.4 days
Slippage unknown: Ondo Perps: no order-book sample; Gate: 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 Gate live order book, 4 min ago | 0.76 bp | 8.3 bp −$8 | 10.1 bp −$101 | 12.0 bp −$1,201 | 16.9 bp −$8,438 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.Plong | −0.0024% | 1h | 65.360 | long leg | $5.6M | $9.4M | 25x | |
| dYdX XAG-USD | 0.0000% | 1h | 65.409 | +0.075% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.570 | +0.321% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.600 | +0.367% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.550 | +0.291% | $1.5M | $266K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.524 | +0.251% | $118K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.570 | +0.321% | $1.3M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.473 | +0.173% | $4.7M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.452 | +0.140% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.591% | $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 | 65.675 | +0.482% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.430 | +0.107% | $787K | $3.0M | 40x | as long as short |
| Gate XAG_USDTshort | +0.0044% | 4h | 65.500 | +0.214% | $142.4M | $171.7M | 100x | |
| Vest SI-PERP | +0.0046% | 1h | 65.962 | +0.921% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.549 | +0.289% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.506 | +0.223% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.550 | +0.291% | $154K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.356 | −0.006% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.441 | +0.123% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0061% | 1h | 65.428 | +0.104% | $166.2M | $78.3M | 25x | as long as short |
| Bybit XAGUSDT | +0.0068% | 4h | 65.480 | +0.184% | $28.2M | $39.1M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 65.554 | +0.297% | $523K | $28.0M | 8.1x | as long as short |
| Aster XAGUSDT | +0.0093% | 4h | 65.475 | +0.176% | $2.7M | $941K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.413 | +0.081% | $466K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.440 | +0.122% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.330 | −0.046% | $112K | $30K | 50x | as long as short |
| Lighter XAG | +0.0120% | 1h | 65.459 | +0.151% | $5.3M | $11.1M | 25x | as long as short |
| Variational Omni XAG | +0.0129% | 4h | 65.384 | +0.037% | $5.6M | $9.5M | — | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.570 | +0.321% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0139% | 4h | 65.460 | +0.153% | $190.2M | $731.4M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0140% | 4h | 65.460 | +0.153% | $113.5M | $158.3M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0145% | 4h | 65.373 | +0.021% | $665K | $311K | 30x | as long as short |
| Nado XAG-PERP | +0.0148% | 1h | 65.514 | +0.236% | $1.3M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.510 | +0.229% | $1.7M | $1.4M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 65.406 | +0.071% | $386K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.560 | +0.306% | $66K | $370K | 20x | as long as short |
| Bitget XAGUSDT | +0.0208% | 4h | 65.460 | +0.153% | $23.2M | $47.7M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0215% | 8h | 65.470 | +0.168% | $27.5M | $69.4M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0216% | 1h | 65.559 | +0.305% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0229% | 1h | 65.584 | +0.343% | $43K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0358% / S −0.0317% | 1h | 65.585 | +0.344% | $87K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0360% | 1h | 65.325 | −0.053% | $20K | $19K | 10x | as long as short |
| BloFin XAG-USDT | +0.0381% | 4h | 65.510 | +0.229% | $2.6M | $624K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0470% | 1h | 65.563 | +0.310% | $916K | $749K | 25x | as long as short |
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Phoenix SILVER
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Bybit XAGUSDT
Kalshi KXSILVERPERP
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD