Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against ApeX Omni+2.453%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 2.453% dearer against ApeX Omni than usual: you sell high and buy low (spread +2.453% now, against zero (this spread has no 7-day history yet)): +$245 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAGUSDT | 64.810 | 0.0100 | pay 0.0013% / 1h | 26m 43s | $111K | $19K | 50x |
| Short | Injective XAG/USDC PERP | 66.400 | 0.0033 | get 0.0004% / 1h | 26m 43s | $11K | $94K | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against ApeX Omni. 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
- −$14
- Price spread: +2.453% → 0.000%
- $245.33
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $221.31
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 4 min ago; Injective: 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 ApeX Omni live order book, 4 min ago | 6.95 bp | 19.1 bp −$19 | 64.4 bp −$644 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 64.673 | −0.212% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 64.800 | −0.015% | $139.0M | $186.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 64.800 | −0.015% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 64.800 | −0.015% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 64.790 | −0.031% | $1.5M | $337K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 64.663 | −0.227% | $117K | — | 250x | as long as short |
| Variational Omni XAG | +0.0017% | 4h | 64.834 | +0.037% | $5.3M | $9.1M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 64.744 | −0.102% | $4.5M | $9.9M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.726 | −0.129% | $5.0M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERPshort | +0.0033% | 1h | 66.400 | +2.453% | $11K | $94K | 52x |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 64.720 | −0.139% | $778K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.150 | +0.525% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 64.740 | −0.108% | $447K | $1.5M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.665 | −0.224% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 64.703 | −0.165% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.670 | −0.216% | $5.6M | $9.9M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0056% | 4h | 64.780 | −0.046% | $122.5M | $159.2M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0058% | 4h | 64.839 | +0.044% | $660K | $315K | 30x | as long as short |
| Binance XAGUSDT | +0.0058% | 4h | 64.760 | −0.077% | $196.3M | $783.1M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0062% | 8h | 64.749 | −0.094% | $29K | $166 | 5x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 64.749 | −0.094% | $46K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0078% | 4h | 64.770 | −0.062% | $2.6M | $1.0M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0080% | 1h | 64.740 | −0.108% | $1.6M | $1.5M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0086% | 24h | 64.761 | −0.076% | $490K | $35.1M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0088% | 1h | 64.736 | −0.114% | $34K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 64.712 | −0.151% | $462K | $591K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 64.740 | −0.108% | $25.0M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDTlong | +0.0100% | 1h | 64.810 | long leg | $111K | $19K | 50x | |
| Phoenix SILVER | +0.0111% | 1h | 64.767 | −0.066% | $55K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0128% | 1h | 64.716 | −0.145% | $172.6M | $88.8M | 25x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 64.730 | −0.123% | $1.2M | $4.9M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0160% | 4h | 64.830 | +0.031% | $386K | $1.6M | 25x | as long as short |
| Nado XAG-PERP | +0.0160% | 1h | 64.719 | −0.140% | $1.2M | $4.2M | 10x | as long as short |
| Bitget XAGUSDT | +0.0196% | 4h | 64.760 | −0.077% | $23.4M | $47.4M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0197% | 8h | 64.750 | −0.093% | $28.8M | $74.8M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0219% | 1h | 64.769 | −0.063% | $78K | $37K | 10x | as long as short |
| Lighter XAG | +0.0224% | 1h | 64.744 | −0.102% | $5.2M | $11.1M | 25x | as long as short |
| Bybit XAGUSDT | +0.0224% | 4h | 64.780 | −0.046% | $30.1M | $43.5M | 150x | as long as short |
| BloFin XAG-USDT | +0.0232% | 4h | 64.770 | −0.062% | $2.7M | $668K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0237% / S −0.0196% | 1h | 64.775 | −0.054% | $92K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0296% | 1h | 64.781 | −0.045% | $44K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0344% | 1h | 64.664 | −0.225% | $19K | $15K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0368% | 1h | 64.760 | −0.077% | $76K | $432K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0421% | 1h | 64.745 | −0.100% | $1.0M | $894K | 25x | as long as short |
ApeX Omni XAGUSDT
Injective XAG/USDC PERP
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
MEXC SILVER_USDT
edgeX XAGUSDC
Binance XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
Phoenix SILVER
tradeXYZ xyz:SILVER
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Lighter XAG
Bybit XAGUSDT
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD