XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0320%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h −0.020%

Price spread now: Injective against ApeX Omni−1.220%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 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 −$10 a day on $10k at the current rate, and Injective is 1.220% cheaper against ApeX Omni than usual: you would sell low and buy high (−$122 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.207% in total (about -10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.40 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAGUSDT	65.400	0.0100	pay 0.0013% / 1h	7m 52s	$112K	$19K	50x
Short	Injective XAG/USDC PERP	64.602	−0.0220	pay 0.0028% / 1h	7m 52s	$11K	$240	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against ApeX Omni. 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 ApeX OmnibpFee InjectivebpOrdersPrice spread, now −1.220%Rate

Funding earned: −$67.2
Price spread: −1.220% → 0.000%: −$122.02
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$199.24
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 40 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 ApeX Omni live order book, 40 min ago	7.66 bp	20.5 bp −$21	59.1 bp −$591	doesn't fit	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 exchanges

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
Injective XAG/USDC PERPshort	−0.0220%	1h	64.602	−1.220%	$11K	$240	52x
Ondo Perps XAG-USD.P	−0.0007%	1h	65.330	−0.107%	$5.7M	$10.5M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.390	−0.015%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.470	+0.107%	$139.3M	$200.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.470	+0.107%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.490	+0.138%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.460	+0.092%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.377	−0.035%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.445	+0.069%	$4.5M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.387	−0.020%	$5.1M	$11.6M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SILVER-PERP	+0.0040%	1h	65.416	+0.024%	$36K	$23K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	65.430	+0.046%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.873	+0.723%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.420	+0.031%	$3.8M	$892K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.387	−0.020%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	65.438	+0.058%	$29K	$166	5x	as long as short
QFEX SILVER-USD	+0.0062%	1h	65.440	+0.061%	$444K	$1.4M	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.390	−0.015%	$1.6M	$1.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0097%	24h	65.445	+0.069%	$625K	$37.3M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.402	+0.003%	$465K	$572K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.420	+0.031%	$25.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDTlong	+0.0100%	1h	65.400	long leg	$112K	$19K	50x
Variational Omni XAG	+0.0101%	4h	65.440	+0.062%	$5.7M	$9.2M	—	as long as short
Phoenix SILVER	+0.0110%	1h	65.406	+0.009%	$55K	$13K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0119%	1h	65.415	+0.023%	$174.2M	$92.8M	25x	as long as short
Aevo XAG-PERP	+0.0128%	1h	65.439	+0.059%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0130%	4h	65.450	+0.076%	$120.8M	$167.3M	1000x	as long as short
Binance XAGUSDT	+0.0131%	4h	65.460	+0.091%	$193.0M	$836.6M	100x	as long as short
edgeX XAGUSDC	+0.0132%	4h	65.468	+0.103%	$667K	$313K	30x	as long as short
Aster XAGUSDT	+0.0135%	4h	65.421	+0.032%	$2.7M	$1.1M	100x	as long as short
Nado XAG-PERP	+0.0176%	1h	65.412	+0.019%	$1.2M	$3.7M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0184%	4h	65.455	+0.084%	$395K	$1.6M	25x	as long as short
Lighter XAG	+0.0192%	1h	65.443	+0.066%	$5.1M	$11.7M	25x	as long as short
Bybit XAGUSDT	+0.0200%	4h	65.470	+0.107%	$30.5M	$46.8M	150x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.458	+0.089%	$1.2M	$4.9M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.430	+0.046%	$77K	$411K	20x	as long as short
Aftermath Perps XAGUSD	+0.0213%	1h	65.400	0.000%	$79K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0213%	8h	65.460	+0.092%	$28.0M	$82.6M	50x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	65.405	+0.008%	$21K	$12K	10x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.460	+0.092%	$23.1M	$50.4M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0265% / S −0.0231%	1h	65.455	+0.084%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0275%	1h	65.457	+0.087%	$44K	$74K	10x	as long as short
BloFin XAG-USDT	+0.0370%	4h	65.440	+0.061%	$2.7M	$758K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0774%	1h	65.419	+0.029%	$1.0M	$937K	25x	as long as short