Funding you earn now, next payment 02:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: QFEX against Injective+0.196%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.196% dearer against Injective than usual: you sell high and buy low: +$20 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 | Injective XAG/USDC PERP | 66.400 | 0.0033 | pay 0.0004% / 1h | 43m 46s | $11K | $94K | 52x |
| Short | QFEX SILVER-USD | 66.530 | 0.0054 | get 0.0007% / 1h | 43m 46s | $115K | $2.7M | 20x |
Injective XAG/USDC PERP
QFEX SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $4.41
- Price spread: +0.196% → 0.000%
- $19.58
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $13.97
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; QFEX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 4 min ago | 1.50 bp | 6.5 bp −$7 | 6.5 bp −$65 | 8.6 bp −$860 | doesn't fit |
Injective: 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 | 66.486 | +0.129% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.600 | +0.301% | $154.8M | $161.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.560 | +0.241% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.600 | +0.301% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.560 | +0.241% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.506 | +0.160% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.529 | +0.194% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.525 | +0.189% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x | |
| StandX XAG-USD | +0.0040% | 1h | 66.550 | +0.226% | $801K | $2.9M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.995 | +0.896% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.479 | +0.119% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.529 | +0.194% | $3.9M | $670K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.483 | +0.125% | $3K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.440 | +0.060% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USDshort | +0.0054% | 1h | 66.530 | +0.196% | $115K | $2.7M | 20x | |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.519 | +0.179% | $576K | $23.2M | 8.1x | as long as short |
| Bybit XAGUSDT | +0.0066% | 4h | 66.620 | +0.331% | $26.5M | $36.0M | 150x | as long as short |
| Hotstuff SILVER-PERP | +0.0072% | 1h | 66.548 | +0.223% | $35K | $21K | 20x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.543 | +0.216% | $1.2M | $4.3M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.492 | +0.139% | $473K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.540 | +0.211% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.490 | +0.136% | $126K | $23K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0102% | 1h | 66.551 | +0.227% | $166.1M | $79.4M | 25x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | +0.256% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0115% | 4h | 66.569 | +0.254% | $2.8M | $1.0M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0122% | 8h | 66.529 | +0.195% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0124% | 4h | 66.565 | +0.248% | $5.6M | $9.7M | — | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 66.556 | +0.234% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0140% | 4h | 66.523 | +0.185% | $675K | $315K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0144% | 4h | 66.600 | +0.301% | $108.6M | $156.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0146% | 4h | 66.605 | +0.309% | $193.3M | $709.9M | 100x | as long as short |
| Lighter XAG | +0.0160% | 1h | 66.545 | +0.219% | $5.4M | $10.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.520 | +0.181% | $1.9M | $968K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0197% | 8h | 66.600 | +0.301% | $28.1M | $66.2M | 50x | as long as short |
| Bitget XAGUSDT | +0.0218% | 4h | 66.600 | +0.301% | $24.4M | $46.0M | 100x | as long as short |
| Nado XAG-PERP | +0.0219% | 1h | 66.493 | +0.140% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0222% | 1h | 66.537 | +0.206% | $80K | $38K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0224% | 4h | 66.601 | +0.303% | $398K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0286% | 1h | 66.576 | +0.265% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.585 | +0.279% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.495 | +0.143% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.540 | +0.211% | $50K | $331K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0461% | 1h | 66.527 | +0.191% | $767K | $507K | 25x | as long as short |
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
Bybit XAGUSDT
Hotstuff SILVER-PERP
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
Aevo XAG-PERP
edgeX XAGUSDC
MEXC SILVER_USDT
Binance XAGUSDT
Lighter XAG
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Nado XAG-PERP
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD