Funding you earn now, next payment 12:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.613%
Price spread now: Hotstuff against Aevo−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.025% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAG-PERP | 65.616 | 0.0080 | pay 0.0010% / 1h | 50m 51s | $47K | — | 10x |
| Short | Hotstuff SILVER-PERP | 65.599 | 0 | get 0.0000% / 1h | 50m 51s | $39K | $26K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Aevo. 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
- −$16.8
- Price spread: −0.025% → 0.000%
- −$2.53
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$40.33
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aevo: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Aevo 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 exchanges
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 | 65.577 | −0.059% | $13K | $8K | 5x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 65.634 | +0.028% | $1.3M | $5.5M | 20x | as long as short |
| Hotstuff SILVER-PERPshort | 0.0000% | 1h | 65.599 | −0.025% | $39K | $26K | 20x | |
| Gate XAG_USDT | 0.0000% | 4h | 65.600 | −0.024% | $136.5M | $198.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.630 | +0.022% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.670 | +0.083% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.650 | +0.052% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.574 | −0.064% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.611 | −0.007% | $4.5M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.550 | −0.099% | $5.1M | $12.0M | 10x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.545% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.630 | +0.022% | $789K | $3.0M | 40x | as long as short |
| QFEX SILVER-USD | +0.0042% | 1h | 65.630 | +0.022% | $447K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.070 | +0.693% | — | — | 25x | as long as short |
| Bybit XAGUSDT | +0.0046% | 4h | 65.610 | −0.008% | $30.5M | $47.8M | 150x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.602 | −0.021% | $3.8M | $904K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.563 | −0.080% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 65.550 | −0.100% | $5.7M | $11.0M | 25x | as long as short |
| Variational Omni XAG | +0.0052% | 4h | 65.578 | −0.058% | $5.6M | $9.0M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.619 | +0.005% | $29K | — | 5x | as long as short |
| Aster XAGUSDT | +0.0073% | 4h | 65.590 | −0.039% | $2.7M | $1.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0074% | 4h | 65.590 | −0.039% | $114.9M | $162.8M | 1000x | as long as short |
| Binance XAGUSDT | +0.0075% | 4h | 65.610 | −0.008% | $190.5M | $860.3M | 100x | as long as short |
| Aevo XAG-PERPlong | +0.0080% | 1h | 65.616 | long leg | $47K | — | 10x | |
| edgeX XAGUSDC | +0.0090% | 4h | 65.579 | −0.056% | $669K | $314K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0094% | 4h | 65.606 | −0.015% | $389K | $1.6M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.579 | −0.056% | $463K | $520K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.590 | −0.039% | $25.4M | $4.3M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.550 | −0.100% | $112K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.710 | +0.144% | $1.6M | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0105% | 1h | 65.579 | −0.056% | $175.8M | $86.8M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0107% | 24h | 65.646 | +0.046% | $810K | $39.0M | 8.1x | as long as short |
| Nado XAG-PERP | +0.0129% | 1h | 65.585 | −0.047% | $1.2M | $3.4M | 10x | as long as short |
| Phoenix SILVER | +0.0134% | 1h | 65.580 | −0.054% | $55K | $15K | 25x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.607 | −0.013% | $5.3M | $11.8M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0177% | 8h | 65.590 | −0.039% | $27.9M | $85.6M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.600 | −0.024% | $77K | $408K | 20x | as long as short |
| Bitget XAGUSDT | +0.0212% | 4h | 65.600 | −0.024% | $23.1M | $52.7M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 65.580 | −0.054% | $21K | $12K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0227% | 1h | 65.619 | +0.005% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0233% | 1h | 65.635 | +0.030% | $44K | $73K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0283% / S −0.0254% | 1h | 65.635 | +0.030% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0301% | 4h | 65.640 | +0.037% | $2.7M | $784K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0539% | 1h | 65.600 | −0.024% | $1.0M | $943K | 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
Bybit XAGUSDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Variational Omni XAG
Paradex XAG-USD-PERP
Aster XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
GRVT XAG_USDT_Perp
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Phoenix SILVER
Lighter XAG
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD