XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.028%

Price spread now: Hotstuff against Injective−0.327%105s7-day average — · you buy dearer than you sell

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

Long on Injective 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 −$1 a day on $10k at the current rate, and Hotstuff is 0.327% cheaper against Injective than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 105 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	Injective XAG/USDC PERP	66.400	0.0033	pay 0.0004% / 1h	29m 33s	$11K	$94K	52x
Short	Hotstuff SILVER-PERP	66.183	0	get 0.0000% / 1h	29m 33s	$35K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Injective. 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 InjectivebpFee HotstuffbpOrdersPrice spread, now −0.327%Rate

Funding earned: −$7
Price spread: −0.327% → 0.000%: −$32.68
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$44.7
Costs to cover: 0.050%
Break-even: never at this rate

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

Injective 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
Kraken Futures PF_XAGUSD	−0.0272%	1h	66.198	−0.305%	$767K	$576K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.121	−0.420%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.250	−0.226%	$25.5M	$33.3M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.252	−0.223%	$1.3M	$4.2M	20x	as long as short
Hotstuff SILVER-PERPshort	0.0000%	1h	66.183	−0.327%	$35K	$21K	20x
Gate XAG_USDT	0.0000%	4h	66.230	−0.256%	$146.3M	$172.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.230	−0.256%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.240	−0.241%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.230	−0.256%	$1.5M	$248K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.182	−0.329%	$120K	—	250x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SILVER-USD	+0.0016%	1h	66.240	−0.241%	$144K	$2.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.209	−0.288%	$4.7M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.169	−0.348%	$5.5M	$13.1M	10x	as long as short
Injective XAG/USDC PERPlong	+0.0033%	1h	66.400	long leg	$11K	$94K	52x
Aster XAGUSDT	+0.0035%	4h	66.240	−0.241%	$2.8M	$1.0M	100x	as long as short
Bitget XAGUSDT	+0.0040%	4h	66.260	−0.211%	$23.7M	$47.7M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	66.150	−0.377%	$792K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.672	+0.410%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.211	−0.285%	$165.0M	$88.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.212	−0.283%	$3.9M	$694K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.158	−0.364%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.140	−0.392%	$5.6M	$9.9M	25x	as long as short
Variational Omni XAG	+0.0055%	4h	66.207	−0.291%	$5.5M	$10.5M	—	as long as short
Kalshi KXSILVERPERP	+0.0056%	24h	66.184	−0.325%	$592K	$21.6M	8.1x	as long as short
MEXC SILVER_USDT	+0.0070%	4h	66.240	−0.241%	$117.4M	$181.6M	1000x	as long as short
Binance XAGUSDT	+0.0071%	4h	66.250	−0.226%	$189.7M	$729.5M	100x	as long as short
Aevo XAG-PERP	+0.0072%	1h	66.221	−0.269%	$48K	—	10x	as long as short
Phoenix SILVER	+0.0073%	1h	66.172	−0.343%	$56K	$26K	25x	as long as short
edgeX XAGUSDC	+0.0079%	4h	66.198	−0.304%	$671K	$315K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0084%	4h	66.229	−0.258%	$390K	$1.5M	25x	as long as short
BloFin XAG-USDT	+0.0085%	4h	66.210	−0.286%	$2.5M	$836K	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.196	−0.307%	$474K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.210	−0.286%	$24.3M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.130	−0.407%	$113K	$26K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.190	−0.316%	$1.9M	$861K	20x	as long as short
Aftermath Perps XAGUSD	+0.0113%	1h	66.177	−0.336%	$80K	$40K	10x	as long as short
Paradex XAG-USD-PERP	+0.0115%	8h	66.230	−0.256%	$30K	$1K	5x	as long as short
Lighter XAG	+0.0128%	1h	66.233	−0.251%	$5.1M	$10.9M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0161%	8h	66.240	−0.241%	$27.3M	$66.4M	50x	as long as short
Nado XAG-PERP	+0.0214%	1h	66.187	−0.320%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0264%	1h	66.255	−0.218%	$44K	$74K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.235	−0.248%	$103K	—	29x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.210	−0.286%	$51K	$360K	20x	as long as short