Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.009%
Price spread now: tradeXYZ against Injective+0.538%114s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.538% dearer against Injective than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 114 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 | 47m 22s | $11K | $94K | 52x |
| Short | tradeXYZ xyz:SILVER | 66.757 | 0.0050 | get 0.0006% / 1h | 47m 22s | $166.2M | $86.1M | 25x |
Injective XAG/USDC PERP
tradeXYZ xyz:SILVERFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.5
- Price spread: +0.538% → 0.000%
- $53.77
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $39.25
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago | 0.15 bp | 9.2 bp −$9 | 9.3 bp −$93 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.743 | +0.517% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.810 | +0.617% | $26.1M | $35.3M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.820 | +0.633% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.820 | +0.633% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.800 | +0.602% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.735 | +0.505% | $121K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0016% | 1h | 66.759 | +0.541% | $36K | $21K | 20x | as long as short |
| Gate XAG_USDT | +0.0020% | 4h | 66.800 | +0.602% | $155.7M | $166.0M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.778 | +0.569% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.737 | +0.507% | $5.4M | $13.2M | 10x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x | |
| StandX XAG-USD | +0.0040% | 1h | 66.780 | +0.572% | $804K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 67.245 | +1.273% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.747 | +0.523% | $57K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVERshort | +0.0050% | 1h | 66.757 | +0.538% | $166.2M | $86.1M | 25x | |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.759 | +0.541% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.742 | +0.515% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.700 | +0.452% | $5.7M | $9.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.780 | +0.572% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.769 | +0.556% | $570K | $21.9M | 8.1x | as long as short |
| Lighter XAG | +0.0072% | 1h | 66.785 | +0.580% | $5.4M | $10.4M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0088% | 8h | 66.783 | +0.576% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0091% | 4h | 66.775 | +0.564% | $5.7M | $9.9M | — | as long as short |
| Aster XAGUSDT | +0.0100% | 4h | 66.780 | +0.572% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.740 | +0.513% | $476K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.760 | +0.542% | $24.7M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.770 | +0.557% | $127K | $26K | 50x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.785 | +0.580% | $48K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0105% | 4h | 66.796 | +0.597% | $192.3M | $725.1M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0106% | 4h | 66.780 | +0.572% | $116.8M | $155.7M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0114% | 4h | 66.841 | +0.665% | $678K | $315K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0118% | 4h | 66.810 | +0.617% | $397K | $1.5M | 25x | as long as short |
| Nado XAG-PERP | +0.0133% | 1h | 66.748 | +0.524% | $1.3M | $6.5M | 10x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.798 | +0.599% | $1.3M | $4.2M | 20x | as long as short |
| Bitget XAGUSDT | +0.0164% | 4h | 66.800 | +0.602% | $24.8M | $48.7M | 100x | as long as short |
| BloFin XAG-USDT | +0.0164% | 4h | 66.830 | +0.648% | $2.6M | $692K | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0175% | 1h | 66.775 | +0.565% | $80K | $40K | 10x | as long as short |
| Bullet SILVER-USD | +0.0182% | 1h | 66.802 | +0.606% | $46K | $75K | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.780 | +0.572% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 66.800 | +0.602% | $28.1M | $67.4M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0199% | 1h | 66.780 | +0.572% | $51K | $344K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.751 | +0.528% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.795 | +0.595% | $104K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0487% | 1h | 66.769 | +0.556% | $767K | $589K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
Lighter XAG
Paradex XAG-USD-PERP
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aevo XAG-PERP
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
GRVT XAG_USDT_Perp
Nado XAG-PERP
RISEx XAG/USDC
Bitget XAGUSDT
BloFin XAG-USDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD