Funding you earn now, next payment 01:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Injective against gTrade (Gains Network)−0.103%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Funding pays, the price is against you. Injective is 0.103% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 12 days of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAG/USD | 66.468 | L +0.0004% / S −0.0006% | pay 0.0000% / 1h | 25m 46s | $120K | — | 250x |
| Short | Injective XAG/USDC PERP | 66.400 | 0.0033 | get 0.0004% / 1h | 25m 46s | $11K | $94K | 52x |
gTrade (Gains Network) XAG/USD
Injective XAG/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against gTrade (Gains Network). 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
- $6.22
- Price spread: −0.103% → 0.000%
- −$10.28
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$14.08
- Costs to cover
- 0.100%
- Break-even
- 22.8 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 13 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 gTrade (Gains Network) virtual book (oracle venue), 13 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 579.9 bp −$58.0K | 2587.5 bp −$1.29M |
| 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 | 66.490 | +0.032% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.530 | +0.093% | $25.9M | $35.4M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.520 | +0.078% | $154.9M | $168.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.530 | +0.093% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.570 | +0.153% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.550 | +0.123% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDlong | L +0.0004% / S −0.0006% | 1h | 66.468 | long leg | $120K | — | 250x | |
| Hotstuff SILVER-PERP | +0.0016% | 1h | 66.482 | +0.021% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.511 | +0.065% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.452 | −0.024% | $5.4M | $12.4M | 10x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Hotstuff SILVER-PERP
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERPshort | +0.0033% | 1h | 66.400 | −0.103% | $11K | $94K | 52x | |
| StandX XAG-USD | +0.0040% | 1h | 66.550 | +0.123% | $801K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.954 | +0.731% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.492 | +0.036% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.483 | +0.022% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.462 | −0.009% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.440 | −0.043% | $5.7M | $9.7M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.510 | +0.063% | $115K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0052% | 1h | 66.486 | +0.027% | $165.4M | $85.6M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.464 | −0.006% | $562K | $21.5M | 8.1x | as long as short |
| BloFin XAG-USDT | +0.0064% | 4h | 66.590 | +0.183% | $2.6M | $703K | 100x | as long as short |
| Aster XAGUSDT | +0.0085% | 4h | 66.520 | +0.078% | $2.8M | $1.1M | 100x | as long as short |
| Variational Omni XAG | +0.0089% | 4h | 66.514 | +0.069% | $5.6M | $9.9M | — | as long as short |
| MEXC SILVER_USDT | +0.0098% | 4h | 66.510 | +0.063% | $108.7M | $160.3M | 1000x | as long as short |
| Paradex XAG-USD-PERP | +0.0099% | 8h | 66.514 | +0.068% | $30K | $1K | 5x | as long as short |
| edgeX XAGUSDC | +0.0099% | 4h | 66.535 | +0.100% | $675K | $313K | 30x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.476 | +0.011% | $474K | $623K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.490 | +0.033% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.500 | +0.048% | $126K | $24K | 50x | as long as short |
| Binance XAGUSDT | +0.0101% | 4h | 66.510 | +0.063% | $192.3M | $722.2M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0104% | 4h | 66.559 | +0.136% | $394K | $1.5M | 25x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.513 | +0.067% | $48K | — | 10x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.525 | +0.085% | $5.4M | $10.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.520 | +0.078% | $1.3M | $4.3M | 20x | as long as short |
| Nado XAG-PERP | +0.0167% | 1h | 66.463 | −0.007% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0172% | 4h | 66.520 | +0.078% | $24.5M | $48.0M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.580 | +0.168% | $1.9M | $929K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0191% | 8h | 66.530 | +0.093% | $27.9M | $67.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0195% | 1h | 66.501 | +0.049% | $80K | $39K | 10x | as long as short |
| Bullet SILVER-USD | +0.0225% | 1h | 66.528 | +0.089% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 66.483 | +0.022% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.535 | +0.100% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.520 | +0.078% | $50K | $336K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0489% | 1h | 66.489 | +0.031% | $764K | $565K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
BloFin XAG-USDT
Aster XAGUSDT
Variational Omni XAG
MEXC SILVER_USDT
Paradex XAG-USD-PERP
edgeX XAGUSDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
GRVT XAG_USDT_Perp
Aevo XAG-PERP
Lighter XAG
RISEx XAG/USDC
Nado XAG-PERP
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD