XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.004%

Price spread now: Injective against QFEX+0.591%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 0.591% dearer against QFEX than usual: you sell high and buy low (spread +0.591% now, against zero (this spread has no 7-day history yet)): +$59 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SILVER-USD	66.010	0.0060	pay 0.0007% / 1h	26m 27s	$114K	$2.7M	20x
Short	Injective XAG/USDC PERP	66.400	0.0033	get 0.0004% / 1h	26m 27s	$11K	$94K	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee InjectivebpOrdersPrice spread, now +0.591%Rate

Funding earned: −$5.58
Price spread: +0.591% → 0.000%: $59.08
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $43.48
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: QFEX: live order book, 6 min ago; Injective: 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 QFEX live order book, 6 min ago	1.51 bp	7.9 bp −$8	8.0 bp −$80	10.3 bp −$1,035	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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	−0.0052%	1h	65.900	−0.167%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.116%	$14K	—	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.030	+0.030%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.030	+0.030%	$1.0M	$965K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.030	+0.030%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.969	−0.063%	$120K	—	250x	as long as short
Gate XAG_USDT	+0.0010%	4h	66.040	+0.045%	$149.8M	$163.8M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	66.008	−0.003%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.962	−0.073%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERPshort	+0.0033%	1h	66.400	+0.591%	$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	66.020	+0.015%	$794K	$3.1M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.449	+0.665%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.991	−0.029%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.966	−0.067%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0053%	1h	65.990	−0.030%	$165.9M	$73.8M	25x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.993	−0.026%	$35K	$21K	20x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	66.006	−0.006%	$30K	$1K	5x	as long as short
QFEX SILVER-USDlong	+0.0060%	1h	66.010	long leg	$114K	$2.7M	20x
Phoenix SILVER	+0.0073%	1h	65.955	−0.083%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	65.994	−0.024%	$528K	$26.1M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.026	+0.024%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.964	−0.070%	$470K	$608K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.990	−0.030%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.970	−0.061%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	66.013	+0.005%	$5.2M	$10.7M	25x	as long as short
Bybit XAGUSDT	+0.0127%	4h	66.040	+0.045%	$27.7M	$36.6M	150x	as long as short
Aster XAGUSDT	+0.0133%	4h	66.029	+0.029%	$2.7M	$871K	100x	as long as short
BloFin XAG-USDT	+0.0142%	4h	66.020	+0.015%	$2.6M	$562K	100x	as long as short
Nado XAG-PERP	+0.0171%	1h	65.987	−0.035%	$1.4M	$5.8M	10x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.015	+0.007%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0183%	4h	66.023	+0.020%	$5.6M	$9.4M	—	as long as short
MEXC SILVER_USDT	+0.0190%	4h	66.020	+0.015%	$114.5M	$152.5M	1000x	as long as short
Binance XAGUSDT	+0.0190%	4h	66.027	+0.026%	$190.9M	$701.6M	100x	as long as short
Aftermath Perps XAGUSD	+0.0201%	1h	65.981	−0.044%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0203%	4h	66.017	+0.011%	$670K	$313K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0204%	4h	66.021	+0.017%	$394K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.010	0.000%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.091%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0229%	8h	66.030	+0.030%	$27.7M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0230%	1h	66.031	+0.032%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0234%	4h	66.020	+0.015%	$23.9M	$45.2M	100x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	65.980	−0.045%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.025	+0.023%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.999	−0.016%	$911K	$683K	25x	as long as short