Funding you earn now, next payment 02:00 UTC+0.0318%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.080%
Price spread now: Bullet against Hotstuff+0.117%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bullet is 0.117% dearer against Hotstuff than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SILVER-PERP | 66.495 | −0.0032 | get 0.0004% / 1h | 46m 21s | $35K | $21K | 20x |
| Short | Bullet SILVER-USD | 66.573 | 0.0286 | get 0.0036% / 1h | 46m 21s | $45K | $76K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Hotstuff. 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
- $66.77
- Price spread: +0.117% → 0.000%
- $11.71
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $65.48
- Costs to cover
- 0.130%
- Break-even
- 0.1 days
Slippage unknown: Hotstuff: no order-book sample; Bullet: 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Hotstuff and Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERPlong | −0.0032% | 1h | 66.495 | long leg | $35K | $21K | 20x | |
| dYdX XAG-USD | 0.0000% | 1h | 66.486 | −0.014% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.570 | +0.113% | $154.7M | $161.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.580 | +0.128% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.570 | +0.113% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.580 | +0.128% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.499 | +0.006% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.548 | +0.079% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.491 | −0.006% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.143% | $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 | 66.530 | +0.053% | $800K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.988 | +0.741% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.496 | +0.002% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.526 | +0.047% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.482 | −0.020% | $3K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.450 | −0.068% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.550 | +0.083% | $115K | $2.7M | 20x | as long as short |
| Bybit XAGUSDT | +0.0056% | 4h | 66.590 | +0.143% | $26.5M | $36.0M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.503 | +0.012% | $566K | $23.0M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.568 | +0.110% | $1.3M | $4.3M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.490 | −0.008% | $473K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.520 | +0.038% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.550 | +0.083% | $127K | $23K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0103% | 1h | 66.526 | +0.047% | $166.1M | $79.2M | 25x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | +0.113% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0112% | 4h | 66.560 | +0.098% | $2.8M | $1.0M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0121% | 8h | 66.559 | +0.096% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0124% | 4h | 66.565 | +0.105% | $5.6M | $9.7M | — | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 66.551 | +0.084% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0140% | 4h | 66.560 | +0.098% | $108.5M | $156.6M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0141% | 4h | 66.584 | +0.135% | $676K | $315K | 30x | as long as short |
| Binance XAGUSDT | +0.0144% | 4h | 66.569 | +0.112% | $193.0M | $711.8M | 100x | as long as short |
| Lighter XAG | +0.0168% | 1h | 66.525 | +0.046% | $5.4M | $10.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.520 | +0.038% | $1.9M | $968K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0195% | 8h | 66.560 | +0.098% | $28.1M | $66.3M | 50x | as long as short |
| Bitget XAGUSDT | +0.0216% | 4h | 66.560 | +0.098% | $24.4M | $46.2M | 100x | as long as short |
| Nado XAG-PERP | +0.0219% | 1h | 66.520 | +0.038% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0219% | 1h | 66.525 | +0.045% | $80K | $39K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0224% | 4h | 66.601 | +0.160% | $398K | $1.5M | 25x | as long as short |
| Bullet SILVER-USDshort | +0.0286% | 1h | 66.573 | +0.117% | $45K | $76K | 10x | |
| Hibachi XAG/USDT-P | +0.0288% | 1h | 66.486 | −0.014% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.575 | +0.120% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0461% | 1h | 66.528 | +0.049% | $767K | $531K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0502% | 1h | 66.540 | +0.068% | $50K | $331K | 20x | as long as short |
Bullet SILVER-USD
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
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Bybit XAGUSDT
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
edgeX XAGUSDC
Binance XAGUSDT
Lighter XAG
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL