XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.073%

Price spread now: Coinbase International against Hotstuff−0.137%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on Coinbase International

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

Funding pays, the price is against you. Coinbase International is 0.137% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 5.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff SILVER-PERP	65.460	0.0040	pay 0.0005% / 1h	51m 08s	$35K	$21K	20x
Short	Coinbase International SILVER-PERP-INTX	65.370	0.0120	get 0.0015% / 1h	51m 08s	$1.6M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hotstuff. 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 HotstuffbpFee Coinbase InternationalbpOrdersPrice spread, now −0.137%Rate

Funding earned: $16.8
Price spread: −0.137% → 0.000%: −$13.75
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$11.95
Costs to cover: 0.150%
Break-even: 12.0 days

Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 2 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 2 min ago	0.76 bp	7.3 bp −$7	8.5 bp −$85	doesn't fit	doesn't fit

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
Hibachi XAG/USDT-P	−0.0120%	1h	65.433	−0.042%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0048%	1h	65.300	−0.244%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.406	−0.082%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.440	−0.031%	$2K	$2.6M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	0.0000%	1h	65.390	−0.107%	$66K	$370K	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.460	0.000%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.440	−0.031%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.386	−0.112%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0026%	4h	65.430	−0.046%	$142.0M	$178.0M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.405	−0.084%	$4.7M	$9.6M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.388	−0.110%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.436%	$11K	$94K	52x	as long as short
Hotstuff SILVER-PERPlong	+0.0040%	1h	65.460	long leg	$35K	$21K	20x
StandX XAG-USD	+0.0040%	1h	65.500	+0.061%	$788K	$3.0M	40x	as long as short
Bybit XAGUSDT	+0.0045%	4h	65.420	−0.061%	$28.5M	$39.4M	150x	as long as short
Vest SI-PERP	+0.0046%	1h	65.877	+0.637%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.430	−0.046%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.385	−0.115%	$170.5M	$83.1M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.404	−0.086%	$3.9M	$716K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.363	−0.148%	$3K	$6K	20x	as long as short
Aster XAGUSDT	+0.0055%	4h	65.420	−0.061%	$2.7M	$955K	100x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	65.421	−0.059%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.438	−0.033%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.561	+0.154%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.416	−0.067%	$499K	$29.4M	8.1x	as long as short
Lighter XAG	+0.0080%	1h	65.416	−0.068%	$5.4M	$11.3M	25x	as long as short
MEXC SILVER_USDT	+0.0096%	4h	65.400	−0.092%	$112.8M	$156.5M	1000x	as long as short
Binance XAGUSDT	+0.0096%	4h	65.410	−0.076%	$188.2M	$755.5M	100x	as long as short
Variational Omni XAG	+0.0096%	4h	65.634	+0.265%	$5.5M	$9.4M	—	as long as short
Pacifica XAG	+0.0100%	1h	65.386	−0.112%	$467K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.390	−0.107%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.470	+0.015%	$112K	$19K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.400	−0.091%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0108%	4h	65.508	+0.073%	$667K	$313K	30x	as long as short
Nado XAG-PERP	+0.0118%	1h	65.417	−0.065%	$1.2M	$5.5M	10x	as long as short
Coinbase International SILVER-PERP-INTXshort	+0.0120%	1h	65.370	−0.137%	$1.6M	$1.3M	20x
GRVT XAG_USDT_Perp	+0.0142%	4h	65.500	+0.061%	$394K	$1.6M	25x	as long as short
Bullet SILVER-USD	+0.0156%	1h	65.438	−0.033%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0194%	4h	65.410	−0.076%	$23.8M	$46.5M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0197%	8h	65.410	−0.076%	$27.7M	$70.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0212%	1h	65.496	+0.055%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0321% / S −0.0301%	1h	65.425	−0.053%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0336%	4h	65.460	0.000%	$2.6M	$617K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.380	−0.123%	$916K	$740K	25x	as long as short