XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.073%

Price spread now: Deribit against Injective−0.377%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.377% cheaper against Injective than usual: you would sell low and buy high (spread −0.377% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 7.4 days of funding at the current rate (+$5 a day).

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	44m 45s	$11K	$94K	52x
Short	Deribit SILVER_USDC-PERPETUAL	66.150	0.0204	get 0.0025% / 1h	44m 45s	$74K	$364K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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 InjectivebpFee DeribitbpOrdersPrice spread, now −0.377%Rate

Funding earned: $35.78
Price spread: −0.377% → 0.000%: −$37.65
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$8.89
Costs to cover: 0.070%
Break-even: 8.7 days

Slippage unknown: Injective: no order-book sample; Deribit: live order book, 4 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 Deribit live order book, 4 min ago	0.76 bp	4.3 bp −$4	4.3 bp −$43	doesn't fit	doesn't fit

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	−0.0040%	1h	66.050	−0.527%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.104	−0.446%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.160	−0.361%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.180	−0.331%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.170	−0.346%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.109	−0.438%	$121K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.169	−0.348%	$1.3M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.151	−0.375%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.107	−0.441%	$5.2M	$11.4M	10x	as long as short
Injective XAG/USDC PERPlong	+0.0033%	1h	66.400	long leg	$11K	$94K	52x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	66.100	−0.452%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.140	−0.392%	$796K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0042%	4h	66.180	−0.331%	$149.9M	$154.0M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.589	+0.285%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.131	−0.405%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.110	−0.437%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.150	−0.377%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	66.143	−0.387%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0064%	4h	66.170	−0.346%	$27.8M	$36.2M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0064%	1h	66.129	−0.408%	$166.6M	$73.9M	25x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	66.116	−0.428%	$519K	$26.7M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.109	−0.439%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.130	−0.407%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.100	−0.452%	$113K	$30K	50x	as long as short
BloFin XAG-USDT	+0.0102%	4h	66.150	−0.377%	$2.6M	$571K	100x	as long as short
Aster XAGUSDT	+0.0106%	4h	66.160	−0.361%	$2.7M	$873K	100x	as long as short
Lighter XAG	+0.0136%	1h	66.155	−0.369%	$5.3M	$10.6M	25x	as long as short
Variational Omni XAG	+0.0144%	4h	66.123	−0.417%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0152%	1h	66.158	−0.364%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0156%	4h	66.160	−0.361%	$191.2M	$703.1M	100x	as long as short
MEXC SILVER_USDT	+0.0156%	4h	66.150	−0.377%	$116.5M	$151.8M	1000x	as long as short
Nado XAG-PERP	+0.0162%	1h	66.130	−0.407%	$1.4M	$5.5M	10x	as long as short
edgeX XAGUSDC	+0.0167%	4h	66.132	−0.403%	$671K	$312K	30x	as long as short
Hotstuff SILVER-PERP	+0.0168%	1h	66.132	−0.404%	$35K	$21K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.633%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0194%	1h	66.101	−0.450%	$80K	$36K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0196%	4h	66.160	−0.361%	$389K	$1.5M	25x	as long as short
Deribit SILVER_USDC-PERPETUALshort	+0.0204%	1h	66.150	−0.377%	$74K	$364K	20x
Bitget XAGUSDT	+0.0218%	4h	66.160	−0.361%	$24.0M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0219%	8h	66.170	−0.346%	$27.8M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0223%	1h	66.166	−0.352%	$43K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0320%	1h	66.091	−0.465%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.165	−0.354%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.135	−0.399%	$909K	$688K	25x	as long as short