Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: SunX against Injective−1.024%61s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 1.024% cheaper against Injective than usual: you would sell low and buy high (−$102 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 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 | 30m 02s | $11K | $94K | 52x |
| Short | SunX XAG-USDT | 65.720 | 0 | get 0.0000% / 4h | 2h 30m | $2K | $2.6M | 20x |
Injective XAG/USDC PERP
SunX XAG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$7
- Price spread: −1.024% → 0.000%
- −$102.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$117.43
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago | 29.56 bp | 33.6 bp −$34 | 63.0 bp −$630 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0034% | 1h | 65.620 | −1.175% | $5.6M | $9.4M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.655 | −1.122% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDTshort | 0.0000% | 4h | 65.720 | −1.024% | $2K | $2.6M | 20x | |
| HTX XAG-USDT | 0.0000% | 4h | 65.740 | −0.994% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.750 | −0.979% | $1.5M | $264K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.659 | −1.117% | $120K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.740 | −0.994% | $1.3M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.710 | −1.039% | $4.7M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.665 | −1.107% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x |
Ondo Perps XAG-USD.P
dYdX XAG-USD
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.634 | −1.154% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0040% | 4h | 65.730 | −1.009% | $148.1M | $167.1M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.700 | −1.054% | $790K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.140 | −0.392% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.694 | −1.063% | $3.9M | $704K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.662 | −1.111% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.720 | −1.024% | $156K | $2.8M | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.700 | −1.054% | $72K | $366K | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.560 | −1.265% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.726 | −1.014% | $29K | $1K | 5x | as long as short |
| tradeXYZ xyz:SILVER | +0.0064% | 1h | 65.679 | −1.086% | $166.2M | $76.2M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0075% | 24h | 65.697 | −1.059% | $562K | $27.3M | 8.1x | as long as short |
| Bybit XAGUSDT | +0.0088% | 4h | 65.740 | −0.994% | $28.4M | $38.4M | 150x | as long as short |
| Aster XAGUSDT | +0.0099% | 4h | 65.730 | −1.010% | $2.7M | $926K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.674 | −1.093% | $468K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.680 | −1.084% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.600 | −1.205% | $112K | $30K | 50x | as long as short |
| Lighter XAG | +0.0120% | 1h | 65.716 | −1.031% | $5.4M | $11.0M | 25x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.712 | −1.036% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0137% | 4h | 65.665 | −1.107% | $5.6M | $9.5M | — | as long as short |
| MEXC SILVER_USDT | +0.0146% | 4h | 65.720 | −1.024% | $117.4M | $153.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0148% | 4h | 65.710 | −1.039% | $189.5M | $719.7M | 100x | as long as short |
| Nado XAG-PERP | +0.0156% | 1h | 65.696 | −1.061% | $1.3M | $5.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0157% | 4h | 65.780 | −0.933% | $669K | $313K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.680 | −1.084% | $1.7M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 65.700 | −1.054% | $390K | $1.5M | 25x | as long as short |
| BloFin XAG-USDT | +0.0206% | 4h | 65.670 | −1.099% | $2.6M | $605K | 100x | as long as short |
| Bitget XAGUSDT | +0.0212% | 4h | 65.730 | −1.009% | $24.5M | $46.8M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0214% | 1h | 65.773 | −0.944% | $79K | $36K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0218% | 8h | 65.720 | −1.024% | $27.4M | $68.6M | 50x | as long as short |
| Bullet SILVER-USD | +0.0230% | 1h | 65.730 | −1.009% | $43K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0352% | 1h | 65.608 | −1.193% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0360% | 1h | 65.725 | −1.017% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.706 | −1.046% | $919K | $749K | 25x | as long as short |
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Hotstuff SILVER-PERP
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Bybit XAGUSDT
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Aevo XAG-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Nado XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
BloFin XAG-USDT
Bitget XAGUSDT
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD