XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.074%

Price spread now: Hotstuff against Coinbase International−0.056%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Hotstuff

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.056% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SILVER-PERP-INTX	66.520	0.0184	pay 0.0023% / 1h	38m 00s	$1.9M	$967K	20x
Short	Hotstuff SILVER-PERP	66.483	0.0224	get 0.0028% / 1h	38m 00s	$35K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. 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 Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now −0.056%Rate

Funding earned: $8.4
Price spread: −0.056% → 0.000%: −$5.56
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$12.16
Costs to cover: 0.150%
Break-even: 17.1 days

Slippage unknown: Coinbase International: live order book, 1 min ago; Hotstuff: 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 Coinbase International live order book, 1 min ago	0.75 bp	5.8 bp −$6	6.8 bp −$68	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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	66.423	−0.146%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.380	−0.210%	$153.7M	$162.1M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.380	−0.210%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.550	+0.045%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.400	−0.180%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.303	−0.327%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.370	−0.226%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.309	−0.317%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.180%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.530	+0.015%	$800K	$2.9M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.874	+0.532%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.413	−0.161%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.368	−0.229%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.303	−0.326%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.350	−0.256%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.430	−0.135%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.361	−0.239%	$577K	$23.1M	8.1x	as long as short
Bybit XAGUSDT	+0.0077%	4h	66.400	−0.180%	$26.4M	$35.9M	150x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.450	−0.105%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0094%	1h	66.349	−0.257%	$165.6M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.437	−0.125%	$473K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.350	−0.256%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.490	−0.045%	$126K	$23K	50x	as long as short
BloFin XAG-USDT	+0.0103%	4h	66.570	+0.075%	$2.6M	$624K	100x	as long as short
Aster XAGUSDT	+0.0118%	4h	66.360	−0.241%	$2.7M	$968K	100x	as long as short
Paradex XAG-USD-PERP	+0.0123%	8h	66.454	−0.100%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0129%	4h	66.505	−0.023%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0144%	1h	66.362	−0.237%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0150%	4h	66.370	−0.225%	$102.2M	$158.0M	1000x	as long as short
Binance XAGUSDT	+0.0152%	4h	66.379	−0.212%	$192.6M	$708.1M	100x	as long as short
edgeX XAGUSDC	+0.0153%	4h	66.569	+0.073%	$676K	$313K	30x	as long as short
Lighter XAG	+0.0160%	1h	66.381	−0.209%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTXlong	+0.0184%	1h	66.520	long leg	$1.9M	$967K	20x
OKX XAG-USDT-SWAP	+0.0197%	8h	66.400	−0.180%	$28.0M	$66.0M	50x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	66.456	−0.096%	$80K	$38K	10x	as long as short
Hotstuff SILVER-PERPshort	+0.0224%	1h	66.483	−0.056%	$35K	$21K	20x
Nado XAG-PERP	+0.0225%	1h	66.386	−0.201%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.380	−0.210%	$24.4M	$45.8M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0238%	4h	66.520	0.000%	$400K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.473	−0.071%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0278%	1h	66.388	−0.198%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.375	−0.218%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.350	−0.256%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0463%	1h	66.346	−0.262%	$765K	$472K	25x	as long as short