Funding you earn now, next payment 04:00 UTC+0.0169%/8h= +18.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.062%
Price spread now: Nado against Ondo Perps+0.074%52s7-day average +0.136% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.073%+$7 on $10k
+Price spread, last 7 days+0.135%+$13 · spread now +0.074%, 7d avg +0.136%
=Together, before fees+0.208%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.063% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.074% now, against its 7-day average of +0.136%). If the spread goes back, that is −$6 on $10k: about 30 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.073% in total) that is about 2.9 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 65.980 | 0.0044 | pay 0.0005% / 1h | 9m 41s | $5.7M | $9.6M | 25x |
| Short | Nado XAG-PERP | 66.029 | 0.0213 | get 0.0027% / 1h | 9m 41s | $1.4M | $6.4M | 10x |
Ondo Perps XAG-USD.P
Nado XAG-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $35.44
- Price spread: +0.074% → +0.136%
- −$6.27
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $17.17
- Costs to cover
- 0.120%
- Break-even
- 3.6 days
Slippage unknown: Ondo Perps: no order-book sample; Nado: 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 Nado live order book, 4 min ago | 0.08 bp | 4.5 bp −$5 | 9.3 bp −$93 | 35.8 bp −$3,583 | 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 | 66.018 | +0.058% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.120 | +0.212% | $150.2M | $163.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.100 | +0.182% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.130 | +0.227% | $1.0M | $968K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.140 | +0.242% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.028 | +0.072% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.099 | +0.180% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.037 | +0.087% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.637% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.070 | +0.136% | $795K | $3.1M | 40x | as long as short |
dYdX XAG-USD
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 PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.Plong | +0.0044% | 1h | 65.980 | long leg | $5.7M | $9.6M | 25x | |
| Vest SI-PERP | +0.0046% | 1h | 66.514 | +0.809% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.027 | +0.071% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.061 | +0.123% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.021 | +0.062% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.090 | +0.167% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.025 | +0.068% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0071% | 24h | 66.057 | +0.117% | $547K | $25.4M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.054 | +0.112% | $470K | $615K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.080 | +0.152% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.060 | +0.121% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0126% | 1h | 66.077 | +0.147% | $166.0M | $73.3M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.077 | +0.146% | $1.3M | $4.6M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0142% | 8h | 66.111 | +0.199% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0146% | 4h | 66.080 | +0.152% | $2.7M | $868K | 100x | as long as short |
| Bybit XAGUSDT | +0.0172% | 4h | 66.130 | +0.227% | $27.1M | $36.1M | 150x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.101 | +0.184% | $5.2M | $10.7M | 25x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.097 | +0.178% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.020 | +0.061% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAG | +0.0204% | 4h | 66.063 | +0.125% | $5.6M | $9.5M | — | as long as short |
| BloFin XAG-USDT | +0.0212% | 4h | 66.120 | +0.212% | $2.6M | $554K | 100x | as long as short |
| MEXC SILVER_USDT | +0.0212% | 4h | 66.110 | +0.197% | $110.6M | $153.0M | 1000x | as long as short |
| Nado XAG-PERPshort | +0.0213% | 1h | 66.029 | +0.074% | $1.4M | $6.4M | 10x | |
| Binance XAGUSDT | +0.0215% | 4h | 66.124 | +0.218% | $192.8M | $700.0M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0221% | 1h | 66.069 | +0.135% | $80K | $36K | 10x | as long as short |
| edgeX XAGUSDC | +0.0222% | 4h | 66.092 | +0.170% | $671K | $313K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0234% | 8h | 66.110 | +0.197% | $27.7M | $65.0M | 50x | as long as short |
| Bitget XAGUSDT | +0.0258% | 4h | 66.110 | +0.197% | $23.8M | $45.4M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0274% | 4h | 66.094 | +0.173% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0289% | 1h | 66.104 | +0.188% | $44K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0356% | 1h | 66.080 | +0.152% | $75K | $362K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0376% | 1h | 66.020 | +0.061% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0383% / S −0.0424% | 1h | 66.115 | +0.205% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.070 | +0.136% | $912K | $683K | 25x | as long as short |
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
BloFin XAG-USDT
MEXC SILVER_USDT
Binance XAGUSDT
Aftermath Perps XAGUSD
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD