XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0202%/8h= +22.2% APRnext payment +$0.25 per $10,000 · paid last 24h −0.009%

Price spread now: Hotstuff against Ondo Perps+0.187%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hotstuff is 0.187% dearer against Ondo Perps than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAG-USD.P	65.120	−0.0018	get 0.0002% / 1h	23m 29s	$5.6M	$9.4M	25x
Short	Hotstuff SILVER-PERP	65.242	0.0184	get 0.0023% / 1h	23m 29s	$35K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 it

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 HotstuffbpOrdersPrice spread, now +0.187%Rate

Funding earned: $42.5
Price spread: +0.187% → 0.000%: $18.73
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $51.24
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Hotstuff: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Ondo Perps and Hotstuff: 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	−0.0018%	1h	65.120	long leg	$5.6M	$9.4M	25x
dYdX XAG-USD	0.0000%	1h	65.210	+0.138%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.390	+0.415%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.400	+0.430%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.410	+0.445%	$1.5M	$267K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.157	+0.058%	$118K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.176	+0.085%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.198	+0.120%	$4.7M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.154	+0.052%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.966%	$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	65.375	+0.392%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	65.440	+0.491%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.660	+0.829%	—	—	25x	as long as short
Gate XAG_USDT	+0.0048%	4h	65.220	+0.154%	$150.0M	$172.4M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.166	+0.071%	$3.8M	$711K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.313	+0.296%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.160	+0.061%	$153K	$2.8M	20x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	65.209	+0.137%	$29K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0062%	1h	65.173	+0.081%	$168.9M	$80.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	65.365	+0.376%	$521K	$28.0M	8.1x	as long as short
Bybit XAGUSDT	+0.0078%	4h	65.220	+0.154%	$28.3M	$39.6M	150x	as long as short
Aster XAGUSDT	+0.0090%	4h	65.178	+0.090%	$2.7M	$947K	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.170	+0.077%	$464K	$619K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.140	+0.031%	$24.5M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.330	+0.322%	$112K	$30K	50x	as long as short
Lighter XAG	+0.0112%	1h	65.219	+0.153%	$5.3M	$11.1M	25x	as long as short
Variational Omni XAG	+0.0129%	4h	65.384	+0.406%	$5.6M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.381	+0.400%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0138%	4h	65.169	+0.075%	$188.2M	$736.3M	100x	as long as short
MEXC SILVER_USDT	+0.0138%	4h	65.190	+0.107%	$115.0M	$159.0M	1000x	as long as short
edgeX XAGUSDC	+0.0145%	4h	65.373	+0.389%	$665K	$311K	30x	as long as short
Nado XAG-PERP	+0.0150%	1h	65.147	+0.041%	$1.3M	$5.5M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.310	+0.292%	$1.6M	$1.4M	20x	as long as short
Hotstuff SILVER-PERPshort	+0.0184%	1h	65.242	+0.187%	$35K	$21K	20x
GRVT XAG_USDT_Perp	+0.0188%	4h	65.500	+0.584%	$390K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0204%	4h	65.180	+0.092%	$23.2M	$48.0M	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.360	+0.369%	$66K	$370K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	65.220	+0.154%	$27.5M	$69.7M	50x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	65.465	+0.530%	$79K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0226%	1h	65.218	+0.150%	$43K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	65.525	+0.623%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0358% / S −0.0329%	1h	65.425	+0.468%	$88K	—	111x	as long as short
BloFin XAG-USDT	+0.0381%	4h	65.510	+0.599%	$2.6M	$624K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0471%	1h	65.380	+0.400%	$913K	$750K	25x	as long as short