Funding you earn now, next payment 03:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.027%
Price spread now: tradeXYZ against Ondo Perps+0.144%7-day average +0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now +0.144%, 7d avg +0.091%
=Together, before fees+0.194%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$19 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 tradeXYZ is 0.053% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAG-USD.P | 66.050 | 0.0039 | pay 0.0005% / 1h | 0m 59s | $5.7M | $9.7M | 25x |
| Short | tradeXYZ xyz:SILVER | 66.145 | 0.0094 | get 0.0012% / 1h | 0m 59s | $165.4M | $73.9M | 25x |
Ondo Perps XAG-USD.P
tradeXYZ xyz:SILVERFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $11.61
- Price spread: +0.144% → +0.091%
- $5.28
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$6.11
- Costs to cover
- 0.230%
- Break-even
- 10.7 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago | 0.08 bp | 9.3 bp −$9 | 10.3 bp −$103 | 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 | 66.087 | +0.056% | $15K | — | 5x | as long as short |
| Hotstuff SILVER-PERP | 0.0000% | 1h | 66.134 | +0.127% | $35K | $21K | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.190 | +0.212% | $149.9M | $165.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.210 | +0.242% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.210 | +0.242% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.220 | +0.257% | $1.5M | $256K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.114 | +0.096% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.169 | +0.180% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.108 | +0.088% | $5.2M | $12.0M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.530% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Hotstuff SILVER-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.Plong | +0.0039% | 1h | 66.050 | long leg | $5.7M | $9.7M | 25x | |
| StandX XAG-USD | +0.0040% | 1h | 66.150 | +0.151% | $796K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.594 | +0.824% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.133 | +0.126% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.108 | +0.088% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.160 | +0.167% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0066% | 24h | 66.137 | +0.132% | $545K | $24.8M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.097 | +0.071% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVERshort | +0.0094% | 1h | 66.145 | +0.144% | $165.4M | $73.9M | 25x | |
| Pacifica XAG | +0.0100% | 1h | 66.114 | +0.097% | $470K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.130 | +0.121% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.110 | +0.091% | $113K | $30K | 50x | as long as short |
| Aster XAGUSDT | +0.0124% | 4h | 66.180 | +0.197% | $2.7M | $877K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0129% | 8h | 66.164 | +0.173% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0134% | 4h | 66.190 | +0.212% | $26.9M | $36.0M | 150x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.177 | +0.192% | $48K | — | 10x | as long as short |
| Variational Omni XAG | +0.0181% | 4h | 66.181 | +0.199% | $5.6M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.179 | +0.196% | $1.3M | $4.4M | 20x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.176 | +0.191% | $5.2M | $10.6M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0190% | 4h | 66.170 | +0.182% | $107.8M | $154.4M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.180 | +0.197% | $1.8M | $1.0M | 20x | as long as short |
| Binance XAGUSDT | +0.0192% | 4h | 66.180 | +0.197% | $192.3M | $704.5M | 100x | as long as short |
| edgeX XAGUSDC | +0.0198% | 4h | 66.162 | +0.170% | $671K | $315K | 30x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.150 | +0.151% | $63K | $337K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.180 | +0.197% | $27.7M | $65.8M | 50x | as long as short |
| Nado XAG-PERP | +0.0223% | 1h | 66.118 | +0.103% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0228% | 1h | 66.141 | +0.138% | $80K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0233% | 4h | 66.180 | +0.197% | $2.6M | $551K | 100x | as long as short |
| Bitget XAGUSDT | +0.0240% | 4h | 66.180 | +0.197% | $23.8M | $45.6M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0256% | 4h | 66.163 | +0.170% | $397K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0273% | 1h | 66.190 | +0.211% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.100 | +0.076% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0362% / S −0.0390% | 1h | 66.195 | +0.220% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0550% | 1h | 66.148 | +0.148% | $913K | $674K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
Aevo XAG-PERP
Variational Omni XAG
RISEx XAG/USDC
Lighter XAG
MEXC SILVER_USDT
Coinbase International SILVER-PERP-INTX
Binance XAGUSDT
edgeX XAGUSDC
Deribit SILVER_USDC-PERPETUAL
OKX XAG-USDT-SWAP
Nado XAG-PERP
Aftermath Perps XAGUSD
BloFin XAG-USDT
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD