Funding you earn now, next payment 05:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%
Price spread now: Nado against RISEx−0.057%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$150.149% of the position
Funding, last 3 days (all we have)+0.015%+$1 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.057%, 7d avg −0.023%
=Together, before fees+0.069%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.035% cheaper against RISEx than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.023%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.015% in total) that is about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAG/USDC | 65.995 | 0.0080 | pay 0.0010% / 1h | 37m 22s | $1.3M | $4.9M | 20x |
| Short | Nado XAG-PERP | 65.957 | 0.0181 | get 0.0023% / 1h | 37m 22s | $1.4M | $5.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against RISEx. 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
- $21.21
- Price spread: −0.057% → −0.023%
- −$3.48
- Slippage, 4 orders
- −$1.91
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $2.82
- Costs to cover
- 0.149%
- Break-even
- 6.1 days
Slippage from RISEx: live order book, 2 min ago; Nado: live order book, 2 min ago.
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 RISEx live order book, 2 min ago | 0.45 bp | 3.4 bp −$3 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.08 bp | 4.4 bp −$4 | 9.7 bp −$97 | 36.0 bp −$3,603 | doesn't fit |
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.P | −0.0046% | 1h | 65.880 | −0.174% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.934 | −0.092% | $14K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.040 | +0.069% | $149.6M | $163.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.980 | −0.022% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.010 | +0.023% | $1.0M | $966K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.990 | −0.007% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.974 | −0.032% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.986 | −0.012% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.937 | −0.088% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.614% | $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 | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 65.980 | −0.022% | $794K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.433 | +0.664% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.963 | −0.048% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.974 | −0.031% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.920 | −0.113% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0051% | 1h | 65.994 | −0.001% | $166.1M | $73.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.000 | +0.008% | $114K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 65.942 | −0.080% | $540K | $25.9M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.926 | −0.104% | $56K | $26K | 25x | as long as short |
| RISEx XAG/USDClong | +0.0080% | 1h | 65.995 | long leg | $1.3M | $4.9M | 20x | |
| Pacifica XAG | +0.0100% | 1h | 65.940 | −0.083% | $469K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.970 | −0.037% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.930 | −0.098% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDT | +0.0107% | 4h | 66.040 | +0.069% | $27.4M | $36.4M | 150x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.984 | −0.017% | $5.2M | $10.6M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0113% | 8h | 65.986 | −0.012% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0137% | 4h | 66.009 | +0.021% | $2.7M | $871K | 100x | as long as short |
| Nado XAG-PERPshort | +0.0181% | 1h | 65.957 | −0.057% | $1.4M | $5.8M | 10x | |
| Aevo XAG-PERP | +0.0184% | 1h | 66.010 | +0.024% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0188% | 4h | 65.963 | −0.047% | $5.6M | $9.4M | — | as long as short |
| MEXC SILVER_USDT | +0.0200% | 4h | 66.010 | +0.023% | $112.8M | $152.2M | 1000x | as long as short |
| GRVT XAG_USDT_Perp | +0.0200% | 4h | 65.987 | −0.011% | $394K | $1.5M | 25x | as long as short |
| Binance XAGUSDT | +0.0200% | 4h | 66.030 | +0.054% | $191.2M | $702.4M | 100x | as long as short |
| BloFin XAG-USDT | +0.0204% | 4h | 66.000 | +0.008% | $2.6M | $556K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 65.960 | −0.052% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | −0.068% | $1.8M | $1.0M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0213% | 1h | 65.952 | −0.064% | $79K | $36K | 10x | as long as short |
| edgeX XAGUSDC | +0.0213% | 4h | 65.976 | −0.027% | $669K | $311K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0232% | 8h | 66.020 | +0.039% | $27.7M | $64.8M | 50x | as long as short |
| Bullet SILVER-USD | +0.0234% | 1h | 66.030 | +0.054% | $44K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0240% | 4h | 66.030 | +0.054% | $23.9M | $45.3M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0320% | 1h | 65.922 | −0.110% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 66.035 | +0.061% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 65.952 | −0.065% | $910K | $683K | 25x | as long as short |
RISEx XAG/USDC
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-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Phoenix SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Lighter XAG
Paradex XAG-USD-PERP
Aster XAGUSDT
Variational Omni XAG
MEXC SILVER_USDT
GRVT XAG_USDT_Perp
Binance XAGUSDT
BloFin XAG-USDT
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD