Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.019%
Price spread now: Gate against Hotstuff+0.106%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Gate is 0.106% dearer against Hotstuff than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SILVER-PERP | 66.090 | 0.0040 | pay 0.0005% / 1h | 45m 25s | $35K | $21K | 20x |
| Short | Gate XAG_USDT | 66.160 | 0 | get 0.0000% / 4h | 45m 25s | $150.2M | $163.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$8.4
- Price spread: +0.106% → 0.000%
- $10.59
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$17.81
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Gate: live order book, 4 min ago. 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 Gate live order book, 4 min ago | 0.76 bp | 8.4 bp −$8 | 9.6 bp −$96 | 13.0 bp −$1,298 | 16.5 bp −$8,264 |
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 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 | 66.028 | −0.094% | $15K | — | 5x | as long as short |
| Gate XAG_USDTshort | 0.0000% | 4h | 66.160 | +0.106% | $150.2M | $163.1M | 100x | |
| SunX XAG-USDT | 0.0000% | 4h | 66.130 | +0.061% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.160 | +0.106% | $1.0M | $982K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.150 | +0.091% | $1.5M | $313K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.085 | −0.007% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.120 | +0.045% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.078 | −0.018% | $5.2M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.469% | $11K | $94K | 52x | as long as short |
| Hotstuff SILVER-PERPlong | +0.0040% | 1h | 66.090 | long leg | $35K | $21K | 20x |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.130 | +0.061% | $795K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.568 | +0.723% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.115 | +0.038% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.055 | −0.053% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.040 | −0.076% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.130 | +0.061% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.069 | −0.032% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0067% | 24h | 66.088 | −0.003% | $522K | $25.3M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.103 | +0.020% | $470K | $616K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.110 | +0.030% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.060 | −0.045% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0129% | 1h | 66.115 | +0.038% | $165.4M | $73.9M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.156 | +0.099% | $1.3M | $4.4M | 20x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 66.140 | +0.076% | $2.7M | $877K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0144% | 8h | 66.148 | +0.088% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0144% | 4h | 66.170 | +0.121% | $26.7M | $36.0M | 150x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.139 | +0.074% | $5.2M | $10.5M | 25x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.120 | +0.045% | $47K | — | 10x | as long as short |
| Nado XAG-PERP | +0.0194% | 1h | 66.088 | −0.004% | $1.3M | $6.5M | 10x | as long as short |
| Variational Omni XAG | +0.0196% | 4h | 66.123 | +0.050% | $5.6M | $9.7M | — | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | +0.061% | $1.8M | $1.0M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0204% | 4h | 66.150 | +0.091% | $108.8M | $152.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0208% | 4h | 66.167 | +0.116% | $192.9M | $702.9M | 100x | as long as short |
| edgeX XAGUSDC | +0.0212% | 4h | 66.102 | +0.018% | $671K | $315K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0225% | 8h | 66.150 | +0.091% | $27.7M | $65.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0231% | 1h | 66.089 | −0.001% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0237% | 4h | 66.110 | +0.030% | $2.6M | $554K | 100x | as long as short |
| Bitget XAGUSDT | +0.0250% | 4h | 66.150 | +0.091% | $23.9M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0272% | 4h | 66.100 | +0.015% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0310% | 1h | 66.159 | +0.105% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0336% | 1h | 66.060 | −0.045% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.110 | +0.030% | $62K | $348K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0370% / S −0.0402% | 1h | 66.165 | +0.113% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.096 | +0.009% | $912K | $677K | 25x | as long as short |
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
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
Lighter XAG
Variational Omni XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
BloFin XAG-USDT
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD