XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.080%

Price spread now: Hotstuff against Bullet−0.172%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Hotstuff is 0.172% cheaper against Bullet than usual: you would sell low and buy high (−$17 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	Bullet SILVER-USD	66.396	0.0288	pay 0.0036% / 1h	2m 19s	$46K	$75K	10x
Short	Hotstuff SILVER-PERP	66.282	0.0032	get 0.0004% / 1h	2m 19s	$35K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Bullet. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulletbpFee HotstuffbpOrdersPrice spread, now −0.172%Rate

Funding earned: −$53.7
Price spread: −0.172% → 0.000%: −$17.17
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$83.87
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Bullet: 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 Bullet no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Bullet 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 43 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	66.300	−0.145%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.400	+0.006%	$152.1M	$166.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	−0.009%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.390	−0.009%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.370	−0.039%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.318	−0.117%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.363	−0.049%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.312	−0.126%	$5.3M	$12.2M	10x	as long as short
Hotstuff SILVER-PERPshort	+0.0032%	1h	66.282	−0.172%	$35K	$21K	20x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.006%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.350	−0.069%	$798K	$2.9M	40x	as long as short
Ondo Perps XAG-USD.P	+0.0042%	1h	66.270	−0.190%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.807	+0.619%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.266	−0.196%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.349	−0.071%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.300	−0.145%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.370	−0.039%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0062%	24h	66.271	−0.188%	$550K	$24.4M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.391	−0.007%	$1.3M	$4.4M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0099%	1h	66.351	−0.068%	$166.0M	$75.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.327	−0.104%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.340	−0.084%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.270	−0.190%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0136%	4h	66.380	−0.024%	$2.7M	$934K	100x	as long as short
Paradex XAG-USD-PERP	+0.0139%	8h	66.377	−0.028%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0149%	4h	66.400	+0.006%	$26.7M	$36.5M	150x	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.382	−0.021%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0170%	4h	66.313	−0.124%	$5.5M	$9.8M	—	as long as short
MEXC SILVER_USDT	+0.0184%	4h	66.380	−0.024%	$111.4M	$159.8M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.280	−0.175%	$1.9M	$970K	20x	as long as short
Binance XAGUSDT	+0.0188%	4h	66.390	−0.009%	$192.5M	$707.0M	100x	as long as short
Lighter XAG	+0.0192%	1h	66.369	−0.041%	$5.3M	$10.7M	25x	as long as short
edgeX XAGUSDC	+0.0200%	4h	66.297	−0.149%	$673K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	66.380	−0.024%	$27.9M	$65.9M	50x	as long as short
Nado XAG-PERP	+0.0217%	1h	66.327	−0.104%	$1.3M	$6.6M	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.276	−0.181%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0238%	1h	66.299	−0.147%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0252%	4h	66.390	−0.009%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0270%	4h	66.330	−0.100%	$398K	$1.5M	25x	as long as short
Bullet SILVER-USDlong	+0.0288%	1h	66.396	long leg	$46K	$75K	10x
GMX SILVER/USD [ETH-USDC]	L +0.0326% / S −0.0334%	1h	66.395	−0.002%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.360	−0.054%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.352	−0.067%	$765K	$478K	25x	as long as short