Funding you earn now, next payment 05:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.012%
Price spread now: Paradex against Injective−0.507%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Paradex is 0.507% cheaper against Injective than usual: you would sell low and buy high (spread −0.507% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 2 months of funding at the current rate (+$1 a day).
| 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 | 20m 44s | $11K | $94K | 52x |
| Short | Paradex XAG-USD-PERP | 66.063 | 0.0056 | get 0.0056% / 8h | 3h 20m | $30K | $1K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Injective. 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
- $4.86
- Price spread: −0.507% → 0.000%
- −$50.73
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$49.88
- Costs to cover
- 0.040%
- Break-even
- 78.8 days
Slippage unknown: Injective: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
Injective and Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0058% | 1h | 65.960 | −0.663% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | −0.620% | $15K | — | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.090 | −0.467% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.110 | −0.437% | $1.0M | $949K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.090 | −0.467% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.019 | −0.574% | $120K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0004% | 4h | 66.100 | −0.452% | $149.9M | $163.9M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.083 | −0.478% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.026 | −0.563% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.060 | −0.512% | $795K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.502 | +0.154% | — | — | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.060 | −0.512% | $166.4M | $73.9M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.040 | −0.542% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.022 | −0.569% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERPshort | +0.0056% | 8h | 66.063 | −0.507% | $30K | $1K | 5x | |
| QFEX SILVER-USD | +0.0060% | 1h | 66.050 | −0.527% | $114K | $2.7M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0072% | 1h | 66.050 | −0.527% | $35K | $21K | 20x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.995 | −0.610% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 66.047 | −0.532% | $518K | $26.1M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.083 | −0.477% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.026 | −0.564% | $470K | $608K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.050 | −0.527% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.020 | −0.572% | $113K | $30K | 50x | as long as short |
| Lighter XAG | +0.0104% | 1h | 66.087 | −0.471% | $5.3M | $10.8M | 25x | as long as short |
| Bybit XAGUSDT | +0.0117% | 4h | 66.110 | −0.437% | $27.8M | $36.6M | 150x | as long as short |
| Aster XAGUSDT | +0.0126% | 4h | 66.080 | −0.482% | $2.7M | $866K | 100x | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.074 | −0.491% | $47K | — | 10x | as long as short |
| Nado XAG-PERP | +0.0170% | 1h | 66.042 | −0.540% | $1.4M | $5.8M | 10x | as long as short |
| Variational Omni XAG | +0.0171% | 4h | 66.073 | −0.492% | $5.7M | $9.5M | — | as long as short |
| Binance XAGUSDT | +0.0184% | 4h | 66.090 | −0.467% | $191.2M | $702.3M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0184% | 4h | 66.080 | −0.482% | $114.7M | $152.7M | 1000x | as long as short |
| Aftermath Perps XAGUSD | +0.0189% | 1h | 66.002 | −0.599% | $79K | $36K | 10x | as long as short |
| edgeX XAGUSDC | +0.0195% | 4h | 66.031 | −0.556% | $670K | $311K | 30x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.070 | −0.497% | $75K | $363K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0206% | 4h | 66.026 | −0.563% | $394K | $1.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 66.030 | −0.557% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0226% | 8h | 66.090 | −0.467% | $27.7M | $64.6M | 50x | as long as short |
| Bullet SILVER-USD | +0.0226% | 1h | 66.088 | −0.470% | $45K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0228% | 4h | 66.090 | −0.467% | $24.0M | $45.2M | 100x | as long as short |
| BloFin XAG-USDT | +0.0231% | 4h | 66.040 | −0.542% | $2.6M | $563K | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.020 | −0.572% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 66.085 | −0.474% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0623% | 1h | 66.053 | −0.523% | $912K | $683K | 25x | as long as short |
Injective XAG/USDC PERP
Paradex XAG-USD-PERP
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Aster XAGUSDT
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Aftermath Perps XAGUSD
edgeX XAGUSDC
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Bitget XAGUSDT
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD