Funding you earn now, next payment 04:00 UTC+0.0225%/8h= +24.6% APRpaid last 24h +0.054%
Price spread now: Bitget against Injective−0.361%61s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bitget is 0.361% cheaper against Injective than usual: you would sell low and buy high (spread −0.361% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 5.4 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.114% in total) that is about 22 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | 38m 22s | $11K | $94K | 52x |
| Short | Bitget XAGUSDT | 66.160 | 0.0258 | get 0.0129% / 4h | 38m 22s | $23.8M | $45.7M | 100x |
Injective XAG/USDC PERP
Bitget XAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $47.18
- Price spread: −0.361% → 0.000%
- −$36.14
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$0.98
- Costs to cover
- 0.120%
- Break-even
- 7.1 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 6 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 Bitget live order book, 6 min ago | 0.76 bp | 7.2 bp −$7 | 9.5 bp −$95 | 15.9 bp −$1,589 | 54.5 bp −$27.3K |
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 | 66.085 | −0.474% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.170 | −0.346% | $150.2M | $163.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.170 | −0.346% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.160 | −0.361% | $1.0M | $978K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.150 | −0.377% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.089 | −0.468% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.122 | −0.419% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.088 | −0.470% | $5.2M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x | |
| StandX XAG-USD | +0.0040% | 1h | 66.150 | −0.377% | $796K | $3.0M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.581 | +0.273% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.127 | −0.411% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.087 | −0.471% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.030 | −0.557% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.150 | −0.377% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.074 | −0.491% | $56K | $26K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 66.110 | −0.437% | $35K | $21K | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0068% | 24h | 66.098 | −0.455% | $509K | $25.5M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.078 | −0.485% | $470K | $619K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.110 | −0.437% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.120 | −0.422% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0134% | 1h | 66.124 | −0.416% | $165.5M | $73.8M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.153 | −0.372% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0145% | 4h | 66.153 | −0.373% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0151% | 4h | 66.180 | −0.331% | $27.0M | $36.1M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0152% | 8h | 66.138 | −0.394% | $30K | $1K | 5x | as long as short |
| Nado XAG-PERP | +0.0189% | 1h | 66.088 | −0.470% | $1.3M | $6.5M | 10x | as long as short |
| Lighter XAG | +0.0200% | 1h | 66.136 | −0.398% | $5.2M | $10.5M | 25x | as long as short |
| Aevo XAG-PERP | +0.0200% | 1h | 66.158 | −0.364% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | −0.407% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAG | +0.0202% | 4h | 66.133 | −0.402% | $5.6M | $9.7M | — | as long as short |
| BloFin XAG-USDT | +0.0212% | 4h | 66.130 | −0.407% | $2.6M | $554K | 100x | as long as short |
| MEXC SILVER_USDT | +0.0214% | 4h | 66.150 | −0.377% | $109.1M | $152.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0217% | 4h | 66.160 | −0.361% | $192.9M | $701.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0226% | 4h | 66.170 | −0.346% | $671K | $310K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0230% | 1h | 66.106 | −0.443% | $80K | $37K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0230% | 8h | 66.160 | −0.361% | $27.8M | $65.5M | 50x | as long as short |
| Bitget XAGUSDTshort | +0.0258% | 4h | 66.160 | −0.361% | $23.8M | $45.7M | 100x | |
| GRVT XAG_USDT_Perp | +0.0280% | 4h | 66.144 | −0.386% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0314% | 1h | 66.173 | −0.342% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0352% | 1h | 66.080 | −0.482% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.140 | −0.392% | $62K | $348K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0374% / S −0.0407% | 1h | 66.165 | −0.354% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.126 | −0.413% | $912K | $676K | 25x | as long as short |
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Phoenix SILVER
Hotstuff SILVER-PERP
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Nado XAG-PERP
Lighter XAG
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
BloFin XAG-USDT
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD