XAG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	InjectiveXAG/USDC PERP	65.109	+0.0220	pay 0.0028% / 1h	21m 14s	$10K	$138K	50x	Long Injective
SHORT	PopdexXAGUSDT	61.511	+0.0176	get 0.0022% / 1h	21m 14s	$489K	$419K	20x	Short Popdex

Price gap−5.526%

Funding gap−0.0044% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 5.239% under its 7d average. Swap the legs.

Funding on this pair paid 0.169% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$17−0.0044% /8h now · paid +0.169% over the last 5 days (all we have)

Price−$524spread −5.526% now, avg −0.288% → −5.239% if it goes back

Costsno datano order book for Injective

Result, before costs−$507−5.07%no pointscosts unknown: no order book for Injective · What the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Popdex price against Injectivenow

RANGE STATS · 7D

Now−5.526%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAG on 43 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Injective: its slippage is not counted.
Note: Margin at max leverage$200 + $500
Injective 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$1.32Long Injective: 24 payments, −$6.60; short Popdex: 24 payments, +$5.28.
Watch: Gap narrower than usual−5.526% vs −0.288%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$10K vs $489K OI
Injective sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legInjective No · Popdex No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0103%/8h × 21 periods+$21.53

Price spread−5.526% → −0.288% (7d avg)−$523.85

Slippage, 4 ordersno data for Injective—

Fee Injective bp × 2 orders−$0.02

Fee Popdex bp × 2 orders−$6.40

Net, fees only · 7 days · $10k−$508.74

Costs to cover0.064%Break-even172.4 days

Slippage: Injective: no order-book sample; Popdex: live order book, 47 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGInjective—————

SELL · SHORTPopdex1.064.3 bp−$48.3 bp−$83doesn’t fitdoesn’t fit

Closing costs about the same again.
Injective: no data.

XAG news

posts that mention XAG or Silver, from every exchangeSearch all news →

09-28 15:17	Ondo Perps	Product	Introducing spot trading for @Ondo Stocks. This brings the basis trade onto a single platform: 1. Buy Ondo Stocks 2. Deploy them as collateral 3. Short the corresponding perp to collect funding Because the spot holding doubles as long exposure and collateral, delta-neutral strategies become more capital efficient. Running both legs on a single platform also eliminates the risks of managing positions across separate platforms. Starting with 12 assets: ✅ Silver (SLVon) ✅ Gold (GLDon) ✅ Micron (MUon) ✅ Tesla (TSLAon) ✅ Circle (CRCLon) ✅ NVIDIA (NVDAon) ✅ SpaceX (SPCXon) ✅ Sandisk (SNDKon) ✅ Alphabet (GOOGLon) ✅ S&P 500 ETF (SPYon) ✅ Invesco QQQ (QQQon) ✅ Roundhill Memory ETF (DRAMon) ✅ & more to come For the first time, Ondo Stocks are available for permissionless trading (outside the US) on a spot central limit order book. Ondo Stocks opened access to tokenized equities, supporting them as collateral made those holdings productive, and now, spot trading on Ondo Perps brings the entire workflow to a single platform. Another step closer to onchain prime brokerage. To celebrate the launch, spot trading is fee-free for the first 30 days. Build a basis trade → @OndoPerps on X ↗
09-26 13:03	MEXC	Listing	new market SI_USDT ($XAG) seen by our collector
09-24 04:18	BingX	Listing	new market SI-USDT ($XAG) seen by our collector
09-23 15:00	Vest Markets	Other	$SLV is down around 3.5% on today's session, with precious metals broadly lower and the dollar near a two-month high. The 10-year yield is near 4.98%, with Fed officials reaffirming last week's rate hike, the first since 2023. $GLD is down around 1.6% on the session, with the pullback taking silver back below the multi-year highs it held earlier this week. @VestExchange on X ↗
09-21 04:09	HTX	Other	10 trades, 3 moves to watch $ETH → +4.6% on week as institutional demand builds $USOIL → Saudi Aramco’s Yanbu facility hit by Houthi attack $XAG → V-shaped rebound +6% on industrial demand What’s your next trade? 👀 Trade TradFi 24/7 on @HTXFutures. @HTX_Global on X ↗
09-17 10:29	Deribit	Listing	🚨 More equity and commodity perpetuals are now live on Deribit Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL ↓ @DeribitOfficial on X ↗

XAG